Shlomo Karpen

Owner

329 Hewes St 3rd Fl Brooklyn, NY 11211

Shlomo Karpen NYC portfolio

$476.7 million -elevator 31%, development 19%, C0 16%; Brooklyn 95%, Queens 4%*

449th largest portfolio by dollar value

769,377 sqft – elevator 33%, industrial 25%, development 15%; Brooklyn 87%, Queens 12%

589th largest by SF

45 properties – Brooklyn 97%, Queens 2%

196th largest

640 residential units – Brooklyn 100%

464th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $20 million

Borrower signatory: 7 for $149.7 million

Developer (new building or major alteration): 3 for 88,717 square feet

Recent activity as signatory:

Shlomo Karpen borrowed $14.5 million from Valley National Bank for 261 18 Street on February 27, 2026.

Shlomo Karpen borrowed $14 million from Newmark for 25 Arion Place on February 27, 2026.

Shlomo Karpen borrowed $15 million from JPMorgan Chase for 199 Morgan Avenue on December 30, 2025.

Shlomo Karpen filed plans for new building for 88,717 sqft in East Flatbush, Brooklyn, on September 15, 2025.

Shlomo Karpen borrowed $70.8 million from Newmark for 70 Cedar Street on August 19, 2025.

Global Asset Properties, Mehrdad Kahan and Said Makhany sold 240 Clarkson Avenue for $20 million to Shlomo Karpen, Norman Strulovitch and Anshel Fridman on July 10, 2025.

Shlomo Karpen, Norman Strulovitch and Anshel Fridman borrowed $15 million from Valley National Bank for 240 Clarkson Avenue on July 10, 2025.

Shlomo Karpen borrowed $20.4 million from Newmark for 965 Willoughby Avenue on June 05, 2025.

Directed Capital on April 17, 2025 bought a loan with an original principal of $15.5 million from Beltway Capital Management, signed by Jed Schaefer, secured by 199 Morgan Avenue, when owned by Shlomo Karpen.

Shlomo Karpen borrowed $14.6 million from Arbor Realty Trust for 12 Charles Place on November 29, 2023.

Latest Stories:

• Shlomo Karpen signs $14.5M refi for 36-unit rental in Greenwood Heights (March 09, 2026)

• Shlomo Karpen signs $15M loan with JPMorgan Chase for industrial in East Williamsburg (January 29, 2026)

• Shlomo Karpen signs $70.8M refi with Newmark for 139-unit rental in Bushwick (September 02, 2025)

• Karpen, Strulovitch, Fridman pay $20M for dev site in East Flatbush (July 24, 2025)

• Shlomo Karpen signs $20.4M refi with Newmark for 63-unit rental in Bushwick (June 12, 2025)

• Directed Capital buys $15.5M note at Shlomo Karpen’s industrial in East Williamsburg (April 24, 2025)

• Shlomo Karpen pays $3M for mixed-use in Bedford Stuyvesant (July 03, 2023)

• Beltway Capital buys $15.5M note secured by Shlomo Karpen industrial building in East Williamsburg (December 15, 2022)

• Shlomo Karpen signs $17.5M loan with Bethpage Federal Credit Union for industrial in Long Island City (March 21, 2022)

• Shlomo Karpen signs $15M refi loan with Kearny Bank for residential elevator building in Bed Stuy (February 11, 2022)

Court Records:

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Properties:

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