Yehoshua Fruchthandler

(Yehoshua Leib Fruchthandler)

FBE Limited

LinkedIn

FBE Limited NYC portfolio

$799.4 million* – elevator 32.0%, condo 28.0%; Brooklyn 65.0%, Manhattan 22.0%

204th largest portfolio by dollar value

1,500,189 sqft – condo 44.0%, elevator 40.0%;

225th largest by SF

36 properties – Brooklyn 61%, Queens 20%

261th largest

1,397 residential units – Brooklyn 61.0%, Manhattan 38.0%

176th largest by residential units

Person Activity past 24 months:

Borrower signatory: 2 for $60.4 million

Developer (new building or major alteration): 7 for 0 square feet

Top Ten Associated People:

Paul Kotronis (6), Manny Shurka (2), Mendel Kaff (2), Ezra Husney (1), Shimon Eisikowicz (1), Issac Schwartz (1), Ron Beit-Halachmy (1), Laurence Kramer (1)

Recent activity as signatory:

FBE Limited borrowed $36.8 million from Genesis LLC for 1900 Shore Parkway, 1860-1900 Shore Parkway, N/A Bay 41st Street, N/A Hunter Avenue, and N/A Hunter Avenue, None, Brooklyn on March 28, 2025.

FBE Limited borrowed $23.7 million from Webster Bank for 781 Washington Avenue, Crown Heights, Brooklyn on November 27, 2023.

FBE Limited sold 89-01 165th Street, 89-25 165th Street, 89-26 Merrick Boulevard, and 89-29 165th Street, Jamaica, Queens for $0 to RBH Group on January 06, 2023.

FBE Limited borrowed $29 million from Cross River Bank for 1120 St Johns Place, Crown Heights, Brooklyn on December 07, 2022.

Mendel Kaff sold 781 Washington Avenue, Crown Heights, Brooklyn for $30.5 million to FBE Limited on December 06, 2022.

FBE Limited borrowed $50 million from Valley National Bank for 89-01 165th Street, 90-06 Merrick Boulevard, 89-25 165th Street, 89-39 165th Street, 89-26 Merrick Boulevard, and others, Jamaica, Queens on November 10, 2022.

Laurence Kramer sold 89-01 165th Street, 90-06 Merrick Boulevard, 89-25 165th Street, 89-39 165th Street, 89-26 Merrick Boulevard, and others, Jamaica, Queens for $51.5 million to FBE Limited on November 10, 2022.

FBE Limited borrowed $28.5 million from Signature Bank for 2124 Mill Avenue, Mill Basin, Brooklyn on November 01, 2022.

Signature Investment Group sold 2124 Mill Avenue, Mill Basin, Brooklyn for $40.5 million to FBE Limited on November 01, 2022.

FBE Limited sold 2518-2520 Tilden Avenue, Flatbush, Brooklyn for $45.9 million to Signature Investment Group on October 31, 2022.

Latest Stories:

• FBE Limited signs $30.8M refi with JLL for 119-unit rental in Brownsville (March 14, 2024)

• RBH Group signs contract to buy Jamaica dev site from FBE Limited (January 09, 2023)

• FBE Limited signs $29M refi loan with Cross River Bank for new 75-unit building in Crown Heights (December 08, 2022)

• FBE Limited pays $30.5M to buy 63-unit rental in Crown Heights previously owned by Mendel Kaff (December 07, 2022)

• FBE Limited pays $51.5M to Laurence Kramer for possible dev site in Jamaica (November 11, 2022)

• FBE Limited pays $40.5M to Signature Investment Group for vacant lot in Mill Basin (November 02, 2022)

• Fruchthandler family’s FBE Limited sells Flatbush shelter for $45.9M, up from $31M in 2016 (November 01, 2022)

• Mendel Kaff pays $169M to FBE Limited for two Bronx rentals (June 21, 2022)

• FBE Limited signs $26.5M refi loan with Signature Bank for shelter in Flatbush (April 18, 2022)

• FBE Limited signs $94.5M refi with Signature Bank for four buildings in Crown Heights (January 20, 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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