Nalcorp
(Nalcorp Acquisitions, Nalcorp Investment Group)
People:
Nalcorp NYC portfolio
$33 million* – elevator 56%, industrial 37%; Brooklyn 75%, Bronx 24%
2397th largest portfolio by dollar value
49,353 sqft – elevator 73%, industrial 18%;
2947th largest by SF
4 properties – Brooklyn 75%, Bronx 25%
1911th largest
47 residential units – Brooklyn 100%, Manhattan 0%
2319th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $8 million
Borrower company: 1 for $14 million
Top Ten Associated Companies:
Valley National Bank (2), Helena Neuwirth (1), Stephen Stratigakis (1), Bank of Montreal (1), Transformco (1), Vibert McEwen (1), Vornado Realty Trust (1)
Top Ten Associated People:
Helena Neuwirth (1), Stephen Stratigakis (1), Michael Birajiclian (1), D. Scott Carr (1), Vibert McEwen (1), Steven Borenstein (1)
Recent activity as company:
• Stephen Stratigakis sold 344 Grand Concourse, Mott Haven, Bronx for $3.7 million to Nalcorp and Anshel Fridman on March 07, 2025.
• Helena Neuwirth sold 338 Grand Concourse, Mott Haven, Bronx for $4.3 million to Nalcorp and Anshel Fridman on March 07, 2025.
• Nalcorp borrowed $14 million from Bank of Montreal for 876 Dekalb Avenue and 374 Kosciuszko Street, Bedford Stuyvesant, Brooklyn on April 04, 2024.
• Clipper Equity and Nalcorp borrowed $6.7 million from Valley National Bank for 2360 Bedford Avenue and 2359 Bedford Avenue, Flatbush, Brooklyn on December 22, 2022.
• Clipper Equity and Nalcorp borrowed $67.5 million from Valley National Bank for 2360 Bedford Avenue and 2359 Bedford Avenue, Flatbush, Brooklyn on May 16, 2022.
• Transformco sold 2360 Bedford Avenue and 2359 Bedford Avenue, Flatbush, Brooklyn for $40.3 million to Clipper Equity and Nalcorp on May 16, 2022.
• Vornado Realty Trust sold 2360 Bedford Avenue and 2359 Bedford Avenue, Flatbush, Brooklyn for $50.6 million to Clipper Equity and Nalcorp on May 16, 2022.
• Vibert McEwen sold 880 Rogers Avenue and 2601 Snyder Avenue, East Flatbush, Brooklyn for $4.5 million to Nalcorp on January 20, 2022.
Latest Stories:
• 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)
• ESL Investments paid $4M to Sears, Roebuck And Co. (September 05, 2019)
Properties: