Shlomo Karpen

Owner

329 Hewes St 3rd Fl Brooklyn, NY 11211

Shlomo Karpen NYC portfolio

$425.4 million -elevator 35%, development 22%, C0 18%; Brooklyn 94%, Queens 5%*

527th largest portfolio by dollar value

632,868 sqft – elevator 41%, industrial 28%, walkup 14%; Brooklyn 84%, Queens 15%

717th largest by SF

44 properties – Brooklyn 97%, Queens 2%

215th largest

640 residential units – Brooklyn 100%

486th 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

Top Ten Associated Companies:

Top Ten Associated People:

Claudette Sofair (4), Lucy Barbaro (2), Kenneth Dowling (2), Anthony Yelovich (2), Eleizer Schwimer (1), Roza Koyenova (1), Albert Rabizadeh (1), Mehrdad Kahan (1), Said Makhany (1), Ashby Gatens (1)

Recent activity as signatory:

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

• Shlomo Karpen borrowed $14.5 million from Valley National Bank for 261 18 Street 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.

• Shlomo Karpen borrowed $9.3 million from Arbor Realty Trust for 2098 Fulton Street on July 18, 2023.

• Shlomo Karpen borrowed $54.6 million from Popular Bank for 70 Cedar Street on June 29, 2023.

• Eleizer Schwimer, Moses Guttman and Maguire Capital Group sold 325 Franklin Avenue for $3 million to Shlomo Karpen on June 28, 2023.

• Shlomo Karpen borrowed $7 million from Skybrook Capital for 70 Cedar Street on January 13, 2023.

• Shlomo Karpen borrowed $9.3 million from Popular Bank for 261 18 Street on December 15, 2022.

• Beltway Capital Management on October 18, 2022 bought a loan with an original principal of $15.5 million from Investors Bank, signed by Tucker Watson, secured by 199 Morgan Avenue, when owned by Shlomo Karpen.

• The borrower borrowed $19 million from Popular Bank for 35 Meserole Street on May 13, 2022.

• Shlomo Karpen borrowed $55 million from G4 Capital Partners for 9 Wythe Avenue, 7 Wythe Avenue, and 1 Wythe Avenue, Greenpoint, Brooklyn on May 12, 2022.

• Shlomo Karpen borrowed $17.5 million from Bethpage Federal Credit Union for 29-50 Borden Avenue on March 11, 2022.

• Shlomo Karpen borrowed $11 million from Kearny Bank for 599 Central Avenue on January 27, 2022.