Martin Joseph
Owner
349 Keap Street Brooklyn, NY 11211
118 Middleton Street Brooklyn NY 11206
Martin Joseph NYC portfolio
$42.2 million -walkup 46%, elevator 43%, B1 7%; Brooklyn 97%, Bronx 2%*
2463th largest portfolio by dollar value
49,619 sqft – elevator 61%, walkup 30%, B1 7%; Brooklyn 99%
3523th largest by SF
11 properties – Brooklyn 54%, Bronx 45%
1000th largest
63 residential units – Brooklyn 100%
2356th largest by residential units
6 foreclosures, 0 bankruptcies, 0 other court cases.
Other Links:
Notes
Martin Joseph is CEO of Metropolitan Realty Exemptions, and also owns real estate.
Top Ten Associated Companies:
BridgeCity Capital (2), Meyer Gertner (1), Estate of Aranka Sillen (1), Northeast Community Bank (1), Lima One Capital (1), Piermont Bank (1), Valley National Bank (1), Santander Bank (1), Spruce Capital (1)
Top Ten Associated People:
Meyer Gertner (1), Michael N. Connors (1), John Ersek (1), Bruce Goldman (1), Cleopatra Kokkinos (1)
Recent activity as signatory:
• Vijay Gogia borrowed $24 million from BridgeCity Capital for None on December 05, 2022.
• Martin Joseph borrowed $7 million from Piermont Bank for 1223 Putnam Avenue on November 14, 2022.
• Martin Joseph and Hershy Silberstein borrowed $24 million from Northeast Community Bank for 903 East 181st Street, 2136 Honeywell Avenue, 2138 Honeywell Avenue, N/A Honeywell Avenue, N/A East 181st Street, and others, West Farms, Bronx on May 04, 2022.
• Metropolitan Realty Exemptions borrowed $7.7 million from BridgeCity Capital for 1223 Putnam Avenue on April 01, 2022.
• Estate of Aranka Sillen sold 27 Grace Court for $4.5 million to Metropolitan Realty Exemptions on March 21, 2022.
• Metropolitan Realty Exemptions borrowed $5.6 million from Lima One Capital for 27 Grace Court on March 21, 2022.
• Metropolitan Realty Exemptions Inc. borrowed $8 million from Valley National Bank for 319 South 4 Street on December 30, 2021.
• Meyer Gertner sold 640 Lafayette Avenue for $3 million to Metropolitan Realty Exemptions on December 23, 2021.
• Martin Joseph borrowed $5 million from Spruce Capital for 319 South 4 Street on April 15, 2021.
• Nassef S. Astafanous borrowed $6.7 million from Santander Bank for 261 Franklin Avenue on December 17, 2020.
• Martin Joseph filed plans for new building for 35,474 sqft in Bushwick, Brooklyn, on September 07, 2017.
• Martin Joseph filed plans for new building for 30,470 sqft in Bedford Stuyvesant, Brooklyn, on November 20, 2015.
Latest Stories:
• Dev site with 84-unit plans in Belmont sells for $5M (June 08, 2022)
• Anonymous buyer pays $9M for newly built 18-unit elevator rental in Bushwick (April 19, 2022)
• MRE Management borrows $17M from TD Bank for newly built property in Bushwick (September 30, 2019)
• Franklin Avenue Group obtained financing of $5M from Parke Bank (July 29, 2019)
Court Records: