Omri Bar-Mashiah

(Omri Bar Mashiah)

Minerva Development

Owner

224 Franklin Ave., Ste. 14, Hewlett, NY 11557

Minerva Development NYC portfolio

$24.1 million* – C3 36%, C0 28%, B3 24%; Brooklyn 100%

2862th largest portfolio by dollar value

14,720 sqft – C3 39%, C0 28%, B3 16%;

4812th largest by SF

5 properties – Brooklyn 100%

1612th largest

15 residential units – Brooklyn 100%

3699th largest by residential units

Person Activity past 24 months:

Buyer signatory: 3 for $11.6 million

Seller signatory: 1 for $2.1 million

Borrower signatory: 3 for $13.8 million

Developer (new building or major alteration): 42 for 69,941 square feet

Top Ten Associated Companies:

S3 Capital (2), Brooklyn Home Company (1), Bayport Funding (1), Patricia Siconolfi (1), SDB (1), Alice Christie (1), James Calister (1), Jennifer M. Moore (1)

Top Ten Associated People:

Oren Goldhaber (1), Patricia Siconolfi (1), Karen McGreal (1), James Calister (1), Jennifer M. Moore (1)

Recent activity as signatory:

Minerva Development borrowed $4 million from S3 Capital for 373 3rd Street, Park Slope, Brooklyn on March 28, 2025.

• Alice Christie sold 373 3rd Street, Park Slope, Brooklyn for $2.9 million to Minerva Development on March 28, 2025.

Minerva Development borrowed $4.5 million from SDB for 68 Quincy Street, Bedford Stuyvesant, Brooklyn on March 20, 2025.

Minerva Development borrowed $5.2 million from S3 Capital for 117 State Street, Brooklyn Heights, Brooklyn on October 29, 2024.

• Jennifer M. Moore sold 117 State Street, Brooklyn Heights, Brooklyn for $5 million to Minerva Development on October 29, 2024.

Patricia Siconolfi sold 350 6th Avenue, Park Slope, Brooklyn for $3.8 million to Omri Bar-Mashiah on September 18, 2024.

Omri Bar-Mashiah sold 1113 Greene Avenue, Bushwick, Brooklyn for $2.1 million to James Calister on June 12, 2023.

Omri Bar-Mashiah filed plans for new building for 18,876 sqft in Boerum Hill, Brooklyn, on May 17, 2022.

Omri Bar-Mashiah borrowed $6.5 million from Bayport Funding for 345 Bergen Street, Boerum Hill, Brooklyn on March 24, 2022.

Brooklyn Home Company sold 345 Bergen Street, Boerum Hill, Brooklyn for $3.6 million to Omri Bar-Mashiah on March 24, 2022.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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