David Edelstein
(David L. Edelstein, Edelstein David)
Principal
Tricap
Owner
667 Madison Avenue Floor 5 New York, NY 10065
Tricap NYC portfolio
$78.6 million -elevator 83%, mixed-use 16%; Manhattan 62%, Bronx 20%, Queens 16%*
1720th largest portfolio by dollar value
450,416 sqft – elevator 95%, mixed-use 4%; Manhattan 62%, Bronx 33%, Queens 4%
899th largest by SF
7 properties – Manhattan 57%, Bronx 28%, Queens 14%
1471th largest
448 residential units – Manhattan 68%, Bronx 31%
639th largest by residential units
Other Links:
Person Activity past 24 months:
Seller signatory: 1 for $7.9 million
Borrower signatory: 3 for $28.2 million
Top Ten Associated Companies:
JPMorgan Chase (10), New York Community Bank (5), Zheng Sheng Zheng (1), Ridgewood Savings Bank (1), Citizens Bank (1)
Top Ten Associated People:
Ursula Flores (5), Alan L. Kaufmann (3), Alan L. Kaufman (2), Zheng Sheng Zheng (1), Marna E. Bernstein (1), Garrett Sokoloff (1)
Recent activity as signatory:
• Tricap borrowed $10 million from Citizens Bank for 136-74 39 Avenue on October 30, 2025.
• Tricap sold 146-30 Northern Boulevard for $7.9 million to Zheng Sheng Zheng on April 29, 2024.
• David Edelstein borrowed $8.9 million from JPMorgan Chase for 185 Bennett Avenue on April 15, 2024.
• Florence Edelstein and David Edelstein borrowed $9.3 million from Ridgewood Savings Bank for 64 Sherman Avenue on March 11, 2024.
• David Edelstein borrowed $11.7 million from JPMorgan Chase for 479 Fort Washington Avenue on July 31, 2023.
• David Edelstein borrowed $5.6 million from JPMorgan Chase for 4169 Broadway on December 01, 2022.
• David Edelstein borrowed $23 million from JPMorgan Chase for 839 7 Avenue on October 21, 2022.
• David Edelstein borrowed $9.2 million from JPMorgan Chase for 4089 Broadway on October 21, 2022.
• Tricap borrowed $7 million from New York Community Bank for 20 Cooper Street on June 14, 2022.
• David Edelstein borrowed $6.6 million from New York Community Bank for 124 Fort George Avenue on June 14, 2022.
Latest Stories:
• Tricap signs $10M refi loan with Citizens Bank for mixed-use in Flushing (November 05, 2025)
• Zheng Sheng Zheng pays $7.9M to Tricap for likely dev site in Flushing (May 08, 2024)
• David Edelstein signs $11.7M refi for 67-unit rental in Washington Heights (August 03, 2023)