Gindi Capital
Owner
Family Office
499 Park Avenue, Suite 2501 New York, NY – 10022
People:
Gindi Capital NYC portfolio
$322.1 million -mixed-use 25%, office 17%, condo 15%; Manhattan 48%, Brooklyn 42%, Queens 8%*
672th largest portfolio by dollar value
372,800 sqft – office 43%, condo 29%, mixed-use 18%; Brooklyn 72%, Queens 15%, Manhattan 11%
1025th largest by SF
14 properties – Manhattan 42%, Brooklyn 42%, Queens 14%
722th largest
47 residential units – Manhattan 100%
2689th largest by residential units
1 foreclosure, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 5 for $148.4 million
Seller company: 1 for $4.9 million
Borrower company: 2 for $175.2 million
Top Ten Associated Companies:
Israel Discount Bank (3), BDT & MSD Partners (1), UMB Bank (1), Gindi Capital (1), Apollo Global Management (1), Goldman Sachs (1), Allen Franco (1)
Top Ten Associated People:
Kenneth Gerold (1), Allen Franco (1)
Recent activity as company:
• PIMCO sold 29 Elm Place for $55 million to Gindi Capital on March 19, 2026.
• PIMCO sold 486-496 Fulton Street, Downtown Brooklyn, Brooklyn for $15 million to Gindi Capital on March 19, 2026.
• Gindi Capital borrowed $50.4 million from Apollo Global Management for 486 Fulton Street and 25 Elm Place, Downtown Brooklyn, Brooklyn on March 19, 2026.
• Legion Investment Group and Gindi Capital borrowed $124.8 million from BDT & MSD Partners for 37 Gramercy Park East on January 31, 2025.
• Zohar Ben-Dov and Chana Ben-Dov sold 37 Gramercy Park East for $10 million to Legion Investment Group and Gindi Capital on January 31, 2025.
• Zohar Ben-Dov and Chana Ben-Dov sold 37 Gramercy Park East for $22.5 million to Legion Investment Group and Gindi Capital on January 31, 2025.
• 38 Gramercy Park North cooperative owners sold 150 East 21 Street for $45.9 million to Legion Investment Group and Gindi Capital on January 31, 2025.
• Gindi Capital sold 2494 Elm Place for $4.9 million to Allen Franco on January 30, 2025.
• Gindi Capital, Nakash Holdings and Chetrit Group borrowed $50.5 million from UMB Bank for 641 Smith Street on March 21, 2023.
• Gindi Capital borrowed $14.2 million from Israel Discount Bank for 2494 Elm Place on May 05, 2022.
Latest Stories:
• $17.8M pre-foreclosure at 34th Street retail where tax could nearly equal rent (June 04, 2025)
• Allen Franco pays $4.9M to Gindi Capital for two properties in Fordham Heights (February 04, 2025)
• Victor Sigoura’s Legion Investment pays $68.3M for dev parcels in Gramercy (March 06, 2024)
• Gindi, Nakash, Chetrit sign $50.5M initial loan for warehouse project in Red Hook (March 31, 2023)
Court Records:
Properties:
