Zalmen Wagschal
Owner
4403 15th Avenue, Suite 155 Brooklyn, NY 11219
Zalmen Wagschal NYC portfolio
$64.8 million -walkup 72%, hotel 24%, C3 1%; Brooklyn 100%*
1932th largest portfolio by dollar value
164,050 sqft – walkup 88%, hotel 9%, C3 1%; Brooklyn 100%
1773th largest by SF
23 properties – Brooklyn 100%
450th largest
189 residential units – Brooklyn 100%
1196th largest by residential units
12 foreclosures, 13 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Seller signatory: 1 for $6.2 million
Top Ten Associated Companies:
Monarch Realty Holdings (1), Aron Stark (1), Mosha Mann (1), Hanover Community Bank (1), Fannie Mae (1), Cross River Bank (1), Citibank (1), A&S Capital (1), Extensia Financial (1)
Top Ten Associated People:
Aron Stark (1), Mosha Mann (1), Roy Miller (1), Allan J. Weiss (1), Brianna Vaughan (1)
Recent activity as signatory:
• Zalmen Wagschal sold 871 Knickerbocker Avenue for $6.2 million to Fannie Mae on April 07, 2025.
• Monarch Realty Holdings on October 04, 2023 bought a loan with an original principal of $2.8 million from Sharestates, signed by Allen Shayanfekr, secured by 33 Nevins Street, when owned by Zalmen Wagschal.
• Zalmen Wagschal sold None for $3 million to Aron Stark on September 29, 2023.
• Zalmen Wagschal sold 234 East 35 Street for $3.1 million to Mosha Mann on September 29, 2023.
• Zalmen Wagschal borrowed $11.6 million from Hanover Community Bank for 1631 St Johns Place on July 20, 2022.
• Zalmen Wagschal borrowed $12 million from Extensia Financial for 1725 St Marks Avenue on May 06, 2022.
• Zalmen Wagschal borrowed $6.3 million from Cross River Bank for 1725 St Marks Avenue on February 28, 2022.
• Zalmen Wagschal borrowed $6.7 million from A&S Capital for 1369 St Johns Place on August 20, 2021.
• Zalmen Wagschal borrowed $22.5 million from Citibank for 4219 15 Avenue on July 20, 2021.
Latest Stories:
• Fannie Mae acquires Zalmen Wagschal Bushwick walkups in bankruptcy for $6.2M (April 10, 2025)
• Zalmen Wagschal sells 3 walkups in East Flatbush for $3.1M (October 20, 2023)
• Aron Stark pays $3M to Zalmen Wagschal for East New York dev site (October 17, 2023)
• NYMT files $7M pre-foreclosure at Crown Heights walkups (July 21, 2023)
• Six Brooklyn walkups with $13.7M debt placed in bankruptcy (April 05, 2023)
Court Records:
