Durgaj Properties
Owner, Developer
Private Equity
170 Nelson Road Scarsdale, NY 10583
People:
Durgaj Properties NYC portfolio
$126.6 million -development 26%, industrial 14%, mixed-use 12%; Bronx 100%*
1321th largest portfolio by dollar value
78,414 sqft – elevator 38%, D7 38%, retail 11%; Bronx 100%
2768th largest by SF
13 properties – Bronx 100%
820th largest
237 residential units – Bronx 100%
1027th largest by residential units
Company Activity past 24 months:
Buyer company: 6 for $34.6 million
Seller company: 1 for $1.9 million
Borrower company: 7 for $65.5 million
Developer (new building or major alteration): 4 for 185,289 square feet
Top Ten Associated Companies:
NorthEast Community Bank (4), Wells Fargo (3), Northeast Community Bank (1), Durgaj Properties (1), Arbor Realty Trust (1), TD Bank (1)
Top Ten Associated People:
Raymond L. Francis (2), Anthony J. Boucino (2), Luce Popaj (1), F. Patrick Garrison Jr. (1), Kenneth Dowling (1), Charlie Chamochumbi (1)
Recent activity as company:
• Durgaj Properties and Balfin Group borrowed $15.5 million from Wells Fargo for 599 Tinton Avenue on May 28, 2026.
• Durgaj Properties sold 2221 Adams Place for $1.9 million to Durgaj Properties on May 01, 2026.
• Durgaj Properties borrowed $10.9 million from NorthEast Community Bank for 2221 Adams Place on May 01, 2026.
• Bridge Asset Management sold 2504 Cambreleng Avenue for $550,000 to Durgaj Properties and Balfin Group on April 14, 2026.
• Triangle Equities sold None for $8.2 million to Durgaj Properties and Balfin Group on April 14, 2026.
• Triangle Equities sold N/A East Fordham Road, None, Bronx for $7.2 million to Durgaj Properties and Balfin Group on April 14, 2026.
• Triangle Equities sold N/A Cambreleng Avenue, None, Bronx for $6.6 million to Durgaj Properties and Balfin Group on April 14, 2026.
• Durgaj Properties and Balfin Group borrowed $3.8 million from NorthEast Community Bank for 2504 Cambreleng Avenue on April 14, 2026.
• Durgaj Properties for Paul Durgaj filed plans for new building for 73,753 sqft in Concourse, Bronx, on August 20, 2025.
• Durgaj Properties and Balfin Group borrowed $13.6 million from NorthEast Community Bank for 304 East 173 Street on August 15, 2025.
Latest Stories:
• Durgaj Properties signs $10.9M construction loan for 41-unit project in Belmont (May 15, 2026)
• Durgaj Properties files plans for 96-unit building in Concourse (July 30, 2025)
• Durgaj Properties files plans for 51-unit building in Longwood (October 31, 2023)
• Paulin Durgaj pays $1M in Longwood, adds to dev site (August 07, 2023)
Properties: