Hirshmark Capital
Lender
1140 Broadway, Suite 304. New York, NY 10001
People:
Hirshmark Capital NYC portfolio
$34.3 million -mixed-use 45%, office 36%, walkup 18%; Manhattan 73%, Brooklyn 26%*
2691th largest portfolio by dollar value
48,392 sqft – office 42%, walkup 31%, mixed-use 25%; Manhattan 63%, Brooklyn 36%
3503th largest by SF
6 properties – Brooklyn 66%, Manhattan 33%
1727th largest
25 residential units – Brooklyn 84%, Manhattan 16%
3446th largest by residential units
57 foreclosures, 10 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $9.7 million
Seller company: 2 for $9.4 million
Borrower company: 2 for $18.1 million
Lender company: 35 for $193.2 million
Top Ten Associated Companies:
Northeast Bank (2), Jacob Rubin (2), Capital Equities Group (1), Maxim Capital Group (1), Elchonon Shilian (1), David Shilian (1), Abraham Shilian (1), Chok Lei (1), Herman Stark (1)
Top Ten Associated People:
Jay Markowitz (1), Elchonon Shilian (1), Brian R. Doherty (1), Chok Lei (1), Brian Doherty (1), Herman Stark (1), Jacob Rubin (1), Jacon Rubin (1)
Recent activity as company:
• Maria C. Vinci-Geritano and James Geritano borrowed $5.7 million from Hirshmark Capital for 305 Smith Street on April 30, 2026.
• Ben Biordi borrowed $6 million from Hirshmark Capital for 34-32 41 Street on April 10, 2026.
• CMT Group borrowed $5.5 million from ConnectOne Bank for 42-19 13 Street on March 24, 2026.
• Ronald Sherman borrowed $5.5 million from ConnectOne Bank for 42-19 13 Street on March 24, 2026.
• Joseph Davoudzadeh borrowed $5.1 million from Community Federal Savings Bank for 114 10 Avenue on February 20, 2026.
• Lev Wolkowicki borrowed $6.1 million from Ace Capital Lending for 143-30 Sanford Avenue on February 10, 2026.
• Verdevelopment Group borrowed $7.6 million from Hirshmark Capital for 28 Herbert Street, 28 Herbert Street, 28 Herbert Street, 28 Herbert Street, 28 Herbert Street, and 28 Herbert Street, Williamsburg, Brooklyn on January 30, 2026.
• Mortar Group borrowed $6.7 million from Hirshmark Capital for 103 Joralemon Street on January 07, 2026.
• ABJ Properties, KABR Group and Lincoln Oak Management borrowed $6.2 million from Hirshmark Capital for 601 Grand Avenue on December 23, 2025.
• Debra Cabbad borrowed $2.5 million from Hirshmark Capital for 102 5 Avenue on December 16, 2025.
Latest Stories:
• Ronald Sherman signs $5.5M refi for office in Long Island City (March 29, 2026)
• David Setareh pays $10.2M for two mixed-use properties in Financial District (March 27, 2026)
• Mortar Group pays $6M for 5-unit walkup in Brooklyn Heights (January 14, 2026)
• Gotham Assets files $65M pre-foreclosure at 404 Fifth Ave. (November 05, 2025)
Court Records:
Properties:
