Minerva Development
224 Franklin Ave., Ste. 14, Hewlett, NY 11557
People:
Minerva Development NYC portfolio
$48.8 million -C3 53%, C0 29%, B3 12%; Brooklyn 100%*
2293th largest portfolio by dollar value
28,468 sqft – C3 55%, C0 27%, B9 8%; Brooklyn 100%
4449th largest by SF
9 properties – Brooklyn 100%
1231th largest
30 residential units – Brooklyn 100%
3280th largest by residential units
Company Activity past 24 months:
Buyer company: 8 for $29.9 million
Seller company: 1 for $5.8 million
Borrower company: 5 for $23.4 million
Developer (new building or major alteration): 5 for 31,946 square feet
Top Ten Associated Companies:
S3 Capital (3), Michael Mannarino (1), Leah Mannarino (1), SDB (1), Bullpath Capital (1)
Top Ten Associated People:
Michael Mannarino (1), Leah Mannarino (1)
Recent activity as company:
• Maria Espinosa sold 391 Douglass Street, Park Slope, Brooklyn for $3.6 million to Minerva Development on May 15, 2026.
• Minerva Development for Omri Bar-Mashiah filed plans for major alteration for 4,944 sqft in Bedford Stuyvesant, Brooklyn, on April 16, 2026.
• Minerva Development for Omri Bar-Mashiah filed plans for major alteration for 5,565 sqft in Cobble Hill, Brooklyn, on March 03, 2026.
• Antoinette Birli sold None for $4.2 million to Minerva Development on February 27, 2026.
• Minerva Development for Omri Bar-Mashiah filed plans for major alteration for 5,278 sqft in Carroll Gardens, Brooklyn, on February 26, 2026.
• Minerva Development for Omri Bar-Mashiah filed plans for major alteration for 5,249 sqft in Park Slope, Brooklyn, on January 29, 2026.
• Minerva Development sold 38 Garfield Place for $5.8 million to Michael Mannarino and Leah Mannarino on November 21, 2025.
• Josephine Montaperto sold 216 Union Street for $3.7 million to Minerva Development on October 28, 2025.
• Minerva Development borrowed $4.1 million from S3 Capital for 216 Union Street on October 28, 2025.
• Sean Longtemps and Kenneth Longtemps Jr. sold 362 Clinton Street for $4.7 million to Minerva Development on August 18, 2025.
Latest Stories:
• Minerva Development pays $4.2M for 4-family in Carroll Gardens (March 06, 2026)
• Minerva Development sells former 3-family in Park Slope for $5.8M (December 11, 2025)
• Minerva Development pays $4.7M for 3-family in Cobble Hill (August 28, 2025)
• Minerva Development pays $2.9M for 4-family in Park Slope (April 18, 2025)
• Minerva Development pays $2.4M for 2-family in South Slope (December 04, 2024)
• Minerva Development pays $5M for 3-unit in Brooklyn Heights (November 13, 2024)
Properties:
