Binyamin Beitel
(Ben Beitel)
Ceo
Beitel Group
(Beitel)
Owner
1021 38th Street Brooklyn, NY 11219
Beitel Group NYC portfolio
$1 billion -industrial 46%, development 40%, elevator 7%; Bronx 79%, Brooklyn 20%*
230th largest portfolio by dollar value
378,037 sqft – industrial 38%, elevator 28%, P5 15%; Brooklyn 65%, Bronx 34%
1033th largest by SF
17 properties – Brooklyn 70%, Bronx 29%
596th largest
1,681 residential units – Bronx 93%, Brooklyn 6%
194th largest by residential units
Other Links:
Person Activity past 24 months:
Buyer signatory: 3 for $86 million
Borrower signatory: 10 for $899.8 million
Developer (new building or major alteration): 3 for 0 square feet
Top Ten Associated Companies:
Slate Property Group (5), Parke Bank (3), MF1 Capital (2), Lightstone Group (2), William Nussen (2), John Lage (2), Northeast Community Bank (1), Grasshopper Bank (1), Barings (1), Dwight Capital (1)
Top Ten Associated People:
Stephen Krasman (3), Jonathan Pfeil (2), Joseph Teichman (2), William Nussen (2), John Lage (2), Gregory B. Monteith (1), Arthur M. Birenbaum (1), Renee D’Orazio (1), Adam Sasouness (1), Jeffrey Puchin (1)
Recent activity as signatory:
• Beitel Group borrowed $298.4 million from Barings for 355 Exterior Street on June 24, 2026.
• Beitel Group borrowed $175 million from Varde Partners for 120 East 144 Street on May 20, 2026.
• Beitel Group borrowed $5.3 million from Parke Bank for 1533 60 Street on February 24, 2026.
• Beitel Group borrowed $33 million from Valley National Bank for None on January 28, 2026.
• Beitel Group borrowed $155 million from Dwight Capital for 315 Grand Concourse on August 07, 2025.
• Lightstone Group sold 355 Exterior Street for $43.4 million to Beitel Group on July 18, 2025.
• Lightstone Group sold 355 Exterior Street for $40.6 million to Beitel Group on July 18, 2025.
• Beitel Group borrowed $53 million from Slate Property Group for 355 Exterior Street on July 18, 2025.
• Beitel Group borrowed $35.8 million from Slate Property Group for 355 Exterior Street on July 18, 2025.
• Beitel Group borrowed $24.8 million from Parke Bank for 1533 60 Street on June 12, 2025.
Latest Stories:
• Beitel Group pays Lightstone $84M for two-building dev site in Mott Haven (July 25, 2025)
• Beitel Group signs $29M refi with Slate in Mott Haven (September 17, 2024)
• Beitel Group pays $3.5M to expand dev site in Borough Park (February 29, 2024)
• Beitel Group files plans for 32K sf office building in Borough Park (August 31, 2023)
• Beitel Group pays $4M for industrial in Borough Park (May 23, 2023)
• Beitel Group pays $23.3M to expand dev site in Mott Haven (December 07, 2022)