Preferred Builders
670 Myrtle Ave #515 Brooklyn, NY 11205
People:
Preferred Builders NYC portfolio
$22.1 million -mixed-use 58%, M9 27%, walkup 13%; Brooklyn 99%*
3394th largest portfolio by dollar value
45,846 sqft – M9 38%, walkup 37%, mixed-use 23%; Brooklyn 100%
3643th largest by SF
6 properties – Brooklyn 100%
1788th largest
24 residential units – Brooklyn 100%
3553th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $9.5 million
Borrower company: 3 for $17.6 million
Developer (new building or major alteration): 7 for 84,752 square feet
Top Ten Associated Companies:
Broadview Capital (2), Polish & Slavic Federal Credit Union (1)
Top Ten Associated People:
Alexander J. Malewski (1), Lawrence Andelsman (1)
Recent activity as company:
• Preferred Builders borrowed $5.4 million from Polish & Slavic Federal Credit Union for 169 Knickerbocker Avenue on July 01, 2026.
• Preferred Builders for Chaim Fuchs filed plans for new building for 42,665 sqft in Bedford Stuyvesant, Brooklyn, on March 31, 2026.
• Preferred Builders for Chaim Fuchs filed plans for major alteration for 5,235 sqft in Williamsburg, Brooklyn, on January 23, 2026.
• Preferred Builders for Chaim Fuchs filed plans for major alteration for 4,646 sqft in Williamsburg, Brooklyn, on January 23, 2026.
• Preferred Builders for Chaim Fuchs filed plans for major alteration for 10,584 sqft in Bedford Stuyvesant, Brooklyn, on January 05, 2026.
• Timothy Schiulaz sold 452 Graham Avenue for $4.6 million to Preferred Builders on December 22, 2025.
• Preferred Builders borrowed $7.6 million from Broadview Capital for 452 Graham Avenue on December 22, 2025.
• Shimon Katz sold 418 Lorimer Street for $2 million to Preferred Builders on December 03, 2025.
• Preferred Builders for Chaim Fuchs filed plans for major alteration for 9,407 sqft in Bushwick, Brooklyn, on September 08, 2025.
• Grand Consistory of New York sold 8 Howard Avenue for $2.9 million to Preferred Builders on August 12, 2025.
Latest Stories:
• Preferred Builders pays $4.6M for likely dev site in Williamsburg (January 02, 2026)
Properties: