Nalcorp
(Nalcorp Investment Group, Nalcorp Acquisitions)
162 Manhattan Ave Fl 1 Brooklyn, NY 11206
People:
Nalcorp NYC portfolio
$271.7 million -industrial 56%, development 32%, elevator 10%; Brooklyn 62%, Manhattan 21%, Bronx 15%*
867th largest portfolio by dollar value
132,419 sqft – elevator 46%, industrial 39%, development 10%; Brooklyn 70%, Bronx 29%
2113th largest by SF
13 properties – Brooklyn 53%, Bronx 38%, Manhattan 7%
885th largest
233 residential units – Brooklyn 61%, Bronx 38%
1120th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $29.7 million
Borrower company: 6 for $209.2 million
Developer (new building or major alteration): 5 for 334,541 square feet
Top Ten Associated Companies:
Valley National Bank (6), Bank Hapoalim (1), Bank of Montreal (1), Webster Bank (1)
Top Ten Associated People:
Jeffrey Puchin (4), Judy Barnes (1), Phablo DaCosta (1), Michael Birajiclian (1), James Baranello (1)
Recent activity as company:
• Nalcorp borrowed $72 million from Valley National Bank for 240 Clarkson Avenue on August 06, 2026.
• Nalcorp borrowed $15.7 million from Bank Hapoalim for 519 East 132 Street on June 12, 2026.
• Altmark Group sold 519 East 132 Street for $21.7 million to Nalcorp on June 12, 2026.
• Nalcorp borrowed $31 million from Valley National Bank for 886 Rogers Avenue on May 27, 2026.
• 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.
Latest Stories:
• Nalcorp pays $21.7M to Altmark Group for 297-unit dev site in Mott Haven (June 18, 2026)
• Nalcorp signs $31M refi with Valley for new 63-unit rental in Flatbush (June 11, 2026)
• Anshel Fridman’;s Nalcorp files plans for 99 units in Mott Haven, 3rd on site (May 06, 2026)
• Clipper Equity pays $50M to Durst Organization for dev site in East Harlem (December 02, 2025)
• Karpen, Strulovitch, Fridman pay $20M for dev site in East Flatbush (July 24, 2025)
• Altmark Group signs $9.8M refi for three properties in Mott Haven (March 13, 2025)
• Anshel Fridman of Nalcorp pays $8M for dev site in Mott Haven (March 10, 2025)
Properties: