Marcal Group

2361 Nostrand Avenue Suite 901 Brooklyn, New York 11210

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Marcal Group NYC portfolio

$129.9 million -office 60%, retail 16%, mixed-use 14%; Bronx 51%, Brooklyn 25%, Queens 22%*

1272th largest portfolio by dollar value

318,842 sqft – office 84%, retail 10%, mixed-use 4%; Bronx 66%, Brooklyn 29%, Queens 3%

1143th largest by SF

13 properties – Queens 46%, Brooklyn 30%, Bronx 23%

799th largest

61 residential units – Queens 98%, Brooklyn 1%

2356th largest by residential units

87 foreclosures, 0 bankruptcies, 176 other court cases.

Company Activity past 24 months:

Seller company: 1 for $12 million

Borrower company: 1 for $5 million

Top Ten Associated Companies:

Valley National Bank (2), Menachem Chazanow (2), CIT Bank (1), David Ekstein (1), Levon Capital (1), MedProperties Realty Advisors (1), Physicians Realty Trust (1), Premium Health Center (1), Pinches Abowitz (1), Israel Discount Bank (1)

Top Ten Associated People:

Menachem Chazanow (2), Lynn A. Brown (1), Meir Brody (1), Pinches Abowitz (1), Marc G. Cooper (1), Mark Caller (1)

Recent activity as company:

• Marcal Group borrowed $5 million from Levon Capital for 12-12 Seagirt Blvd, Far Rockaway, Queens on March 31, 2026.

• Marcal Group sold None for $12 million to Premium Health Center on June 23, 2025.

• Marcal Group sold 163 Beach 115 Street for $14.4 million to Menachem Chazanow on February 29, 2024.

• Marcal Group sold 163 Beach 115 Street for $0 to Menachem Chazanow on February 07, 2024.

• Marcal Group sold 11-19 Foam Place for $4.8 million to Pinches Abowitz on January 11, 2024.

• Marcal Group and Rester Management sold 3264 Westchester Avenue for $57 million to Marcal Group on March 08, 2023.

• Anil Kumar Saxena sold 1700 Flatbush Avenue for $1.5 million to Marcal Group on December 14, 2022.

• Marcal Group sold 2184 60 Street for $81.5 million to MedProperties Realty Advisors and Physicians Realty Trust on September 09, 2022.

• Marcal Group for Abraham Caller filed plans for new building for 84,565 sqft in Rockaway Park, Queens, on April 26, 2022.

• Marcal Group for Abraham Caller filed plans for new building for 66,154 sqft in Far Rockaway, Queens, on February 16, 2022.

Latest Stories:

• Pinches Abowitz signs $16.9M refi with Popular Bank for 68-unit rental in Far Rockaway (March 03, 2026)

• Guy Pennisi pays $11.1M to Leser Group for development in St George (January 08, 2026)

• Premium Health pays $12M to Marcal Group for medical space in Far Rockaway (July 10, 2025)

• Healthpeak Properties acquires $51.3M stake in Bensonhurst medical, part of $21B merger (April 10, 2024)

• Menachem Chazanow buys $14.4M dev site from Marcal Group in Rockaway Park (April 05, 2024)

• Menachem Chazanow signs contract to buy dev site from Marcal Group in Rockaway Park (February 13, 2024)

• Pinches Abowitz signs $12.6M construction loan for development in Far Rockaway (February 05, 2024)

• Pinches Abowitz pays $4.8M to Marcal Group for 66-unit dev site in Far Rockaway (February 01, 2024)

• $28.75M pre-foreclosure filed against Pelham Bay new development (October 02, 2023)

• Leser Group pays $8.5M for development properties on Staten Island (April 11, 2023)

Court Records:

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Properties:

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