Mortar Group
346 Metropolitan Ave #2, Brooklyn, NY 11211
People:
Mortar Group NYC portfolio
$98.5 million -development 30%, walkup 29%, elevator 13%; Brooklyn 64%, Queens 35%*
1648th largest portfolio by dollar value
54,916 sqft – walkup 46%, elevator 23%, mixed-use 16%; Brooklyn 81%, Queens 18%
3425th largest by SF
12 properties – Brooklyn 75%, Queens 25%
975th largest
58 residential units – Brooklyn 79%, Queens 20%
2571th largest by residential units
Company Activity past 24 months:
Buyer company: 4 for $15.3 million
Borrower company: 5 for $29.5 million
Developer (new building or major alteration): 3 for 23,607 square feet
Top Ten Associated Companies:
Hirshmark Capital (3), S3 Capital (2), Popular Bank (1), Rosenthal & Rosenthal (1), DR Bank (1), Regions Bank (1)
Top Ten Associated People:
Dean Saltzman (1), Abraham Goldman (1), Mark Levin (1), Joe Garcia (1)
Recent activity as company:
• Mortar Group borrowed $6.7 million from Regions Bank for 203 Richardson Street and 346 Metropolitan Avenue, Williamsburg, Brooklyn on July 21, 2026.
• Mortar Group borrowed $4.7 million from S3 Capital for 195 Frost Street on March 30, 2026.
• Marco Babino, Marco Babino Jr. and John Cono Babino sold 195 Frost Street for $2.3 million to Mortar Group on March 30, 2026.
• Mortar Group for Francesca Gaccione filed plans for major alteration for 7,861 sqft in Williamsburg, Brooklyn, on March 27, 2026.
• Mortar Group borrowed $6.8 million from S3 Capital for 47-09 Vernon Boulevard on February 25, 2026.
• Francesca Evangelista, Andrew Vessillo and Rosetta Vessillo sold 47-09 Vernon Boulevard for $3.8 million to Mortar Group on February 25, 2026.
• Mortar Group for Francesca Gaccione filed plans for major alteration for 7,938 sqft in Brooklyn Heights, Brooklyn, on January 20, 2026.
• Susan Aroldi sold 103 Joralemon Street for $6 million to Mortar Group on January 07, 2026.
• Mortar Group borrowed $6.7 million from Hirshmark Capital for 103 Joralemon Street on January 07, 2026.
• Mortar Group borrowed $4.5 million from Rosenthal & Rosenthal for 212 Huron Street on May 15, 2025.
Latest Stories:
• Mortar Group pays $6M for 5-unit walkup in Brooklyn Heights (January 14, 2026)
• Mortar Group pays $3.2M for 8-unit walkup in Greenpoint (May 23, 2025)
• Mortar Group pays $2.4M for 6-unit walkup in Astoria (May 14, 2024)
• Mortar Group pays $2.4M for 6-unit walkup in Greenpoint (August 21, 2023)
Properties: