Gindi Capital

Owner

Family Office

499 Park Avenue, Suite 2501 New York, NY – 10022

People:

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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 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:

• Avery Hall Investments signs $120.4M refi loan with JLL for residential elevator in Gowanus (March 11, 2026)

• $17.8M pre-foreclosure at 34th Street retail where tax could nearly equal rent (June 04, 2025)

• Legion Investment files to demolish 2 buildings facing Gramercy Park where it plans new condos (March 21, 2025)

• Legion, Gindi Capital sign $124.8M senior construction loan, part of $335M package (March 11, 2025)

• Legion, Gindi Capital pay $32.5M for 6-unit rental in Gramercy, adding to dev site (February 12, 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)

• Victor Sigoura’s Legion Investment Group plans two new Gramercy buildings with 61 units total (November 02, 2023)

• Avery Hall signs $79.8M construction loan with Square Mile for 193-unit project in Gowanus (May 15, 2023)

• Gindi, Nakash, Chetrit sign $50.5M initial loan for warehouse project in Red Hook (March 31, 2023)

Court Records:

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Properties:

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