Yitzi Salamon
(Yitzchok Salamon)
Ceo
Builders Group USA
(Builders Group USA Inc.)
Developer, Owner
4118 14th Avenue Suite 108 Brooklyn NY 11219
Builders Group USA NYC portfolio
$71.1 million -B1 50%, office 20%, industrial 16%; Bronx 77%, Brooklyn 22%*
1833th largest portfolio by dollar value
62,713 sqft – B1 29%, office 24%, industrial 22%; Bronx 70%, Brooklyn 29%
3057th largest by SF
13 properties – Bronx 84%, Brooklyn 15%
821th largest
33 residential units – Bronx 81%, Brooklyn 18%
3126th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $10.5 million
Borrower signatory: 10 for $76.8 million
Developer (new building or major alteration): 27 for 123,503 square feet
Top Ten Associated Companies:
IceCap Group (5), Symetra Life Insurance Company (1), Popular Bank (1), Mohamed Mowad (1), Grasshopper Bank (1), First County Bank (1), Valley National Bank (1), Royalton Capital (1), Deyana Nation (1), Marc Pogostin (1)
Top Ten Associated People:
Jack Oved (1), J. Sasson (1), Joseph Sasson (1), Vincent J. Reilly (1), Mohammed Hussain (1), Mohamed Mowad (1), Arthur Birenbaum (1), Terence J. McArdle (1), Jin Lee (1), Deyana Nation (1)
Recent activity as signatory:
• Builders Group USA borrowed $10.8 million from First County Bank for 2775 Reservoir Avenue and 2773 Reservoir Avenue, Kingsbridge Heights, Bronx on January 27, 2026.
• Builders Group USA borrowed $7.5 million from Grasshopper Bank for 1331 Morris Avenue, Claremont Village, Bronx on January 07, 2026.
• Builders Group USA borrowed $5.7 million from Valley National Bank for 304 East Tremont Avenue, Mt Hope, Bronx on November 10, 2025.
• Builders Group USA borrowed $4.5 million from Popular Bank for 777 Grote Street on July 29, 2025.
• Builders Group USA borrowed $10.3 million from Symetra Life Insurance Company for 1130 Sherman Avenue on July 21, 2025.
• Builders Group USA borrowed $6.5 million from IceCap Group for 1331 Morris Avenue, Claremont Village, Bronx on February 24, 2025.
• Builders Group USA borrowed $6.4 million from IceCap Group for 195 Humboldt Street on February 24, 2025.
• Mohamed Mowad sold 275 20 Street for $6.3 million to Builders Group USA on January 13, 2025.
• Builders Group USA borrowed $11 million from IceCap Group for 275 20 Street on January 13, 2025.
• Yitzchok Salamon borrowed $8.6 million from IceCap Group for 544 East 171 Street on November 18, 2024.
Latest Stories:
• Builders Group USA signs $10.3M refi loan with Symetra for four walkups in Bronx (August 26, 2025)
• Builders Group USA pays $6.3M for office in Greenwood Heights (February 06, 2025)
• Builders Group USA pays $4.2M to Pogostin family for dev site in Morrisania (December 04, 2024)
• Builders Group USA pays $7M to Royalton Capital for industrial in Bushwick (January 18, 2024)