Nalcorp
(Nalcorp Acquisitions, Nalcorp Investment Group)
162 Manhattan Ave Fl 1 Brooklyn, NY 11206
People:
Nalcorp NYC portfolio
$127.9 million -development 68%, elevator 23%, industrial 7%; Manhattan 45%, Bronx 28%, Brooklyn 25%*
1293th largest portfolio by dollar value
98,853 sqft – elevator 62%, industrial 19%, development 14%; Brooklyn 69%, Bronx 30%
2405th largest by SF
8 properties – Brooklyn 50%, Bronx 37%, Manhattan 12%
1298th largest
170 residential units – Bronx 52%, Brooklyn 47%
1264th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $8 million
Borrower company: 3 for $90.5 million
Developer (new building or major alteration): 5 for 334,541 square feet
Top Ten Associated Companies:
Valley National Bank (4), Webster Bank (1), Bank of Montreal (1)
Top Ten Associated People:
Jeffrey Puchin (2), James Baranello (1), Michael Birajiclian (1)
Recent activity as company:
• Nalcorp for Anshel Fridman filed plans for new building for 78,137 sqft in Mott Haven, Bronx, on April 27, 2026.
• Nalcorp for Anshel Fridman filed plans for new building for 95,886 sqft in Mott Haven, Bronx, on April 27, 2026.
• Nalcorp for Anshel Fridman filed plans for new building for 79,246 sqft in Mott Haven, Bronx, on April 27, 2026.
• Nalcorp borrowed $10.5 million from Webster Bank for 566 Dekalb Avenue on December 23, 2025.
• Clipper Equity and Nalcorp borrowed $44 million from Valley National Bank for 81 East 124 Street on November 25, 2025.
• Nalcorp, Solomon Eisenberg and Aron Karpen borrowed $36 million from Valley National Bank for 91 Bruckner Boulevard on October 29, 2025.
• Nalcorp for Anshel Fridman filed plans for new building for 40,636 sqft in Mott Haven, Bronx, on July 15, 2025.
• Nalcorp for Anshel Fridman filed plans for new building for 40,636 sqft in Mott Haven, Bronx, on July 15, 2025.
• Helena Neuwirth sold 340 Grand Concourse for $4.3 million to Nalcorp and Anshel Fridman on February 27, 2025.
• Stephen Stratigakis sold 344 Grand Concourse for $3.7 million to Nalcorp and Anshel Fridman on February 27, 2025.
Latest Stories:
• Clipper Equity pays $50M to Durst Organization for dev site in East Harlem (December 02, 2025)
• Anshel Fridman of Nalcorp pays $8M for dev site in Mott Haven (March 10, 2025)
• Anshel Fridman signs $18.6M construction loan for 62-unit project in Flatbush (November 30, 2023)
• Anshel Fridman pays $7.2M to Jeffrey Fiedler for dev site in Mott Haven (January 25, 2022)
• Durst signs $87.5M refi with M&T Bank for dev site in East Harlem (September 15, 2021)
Properties: