Gindi Capital

Gindi Capital NYC portfolio

$472.4 million* – elevator 35.0%, mixed-use 27.0%; Manhattan 65.0%, Brooklyn 24.0%

376th largest portfolio by dollar value

101,634 sqft – mixed-use 68%, D4 20%;

1951th largest by SF

12 properties – Manhattan 50%, Brooklyn 33%

637th largest

47 residential units – Manhattan 100%, Bronx 0%

2311th largest by residential units

Company Activity past 24 months:

Buyer company: 3 for $78.4 million

Seller company: 1 for $4.9 million

Borrower company: 2 for $175.3 million

Top Ten Associated Companies:

Israel Discount Bank (3), Zohar Ben-Dov (2), Chana Ben-Dov (2), 38 Gramercy Park North cooperative owners (1), Speedway (1), Gindi Capital (1), UMB Bank (1), Goldman Sachs (1), Allen Franco (1), BDT & MSD Partners (1)

Top Ten Associated People:

Christy Martin (2), 0 (1), Allen Franco (1), Kenneth Gerold (1)

Recent activity as company:

• Legion Investment Group and Gindi Capital borrowed $124.8 million from BDT & MSD Partners for 37 Gramercy Park East, 38 Gramercy Park North, 256 3rd Avenue, 254 3rd Avenue, 252 3rd Avenue, and others, Gramercy, Manhattan on March 10, 2025.

• 38 Gramercy Park North cooperative owners sold 38 Gramercy Park North, Gramercy, Manhattan for $45.9 million to Legion Investment Group and Gindi Capital on February 13, 2025.

• Zohar Ben-Dov and Chana Ben-Dov sold 37 Gramercy Park East, Gramercy, Manhattan for $22.5 million to Legion Investment Group and Gindi Capital on February 12, 2025.

• Zohar Ben-Dov and Chana Ben-Dov sold 37 Gramercy Park East, Gramercy, Manhattan for $10 million to Legion Investment Group and Gindi Capital on February 11, 2025.

• Gindi Capital sold 2511 Marion Avenue and 350 East Fordham Road, Fordham Heights, Bronx for $4.9 million to Allen Franco on February 03, 2025.

• Gindi Capital, Nakash Holdings and Chetrit Group borrowed $50.5 million from UMB Bank for 627 Smith Street, 611 Smith Street, 659 Smith Street, and 595 Smith Street, Red Hook, Brooklyn on March 30, 2023.

• Gindi Capital borrowed $14.2 million from Israel Discount Bank for 2511 Marion Avenue and 350 East Fordham Road, Fordham Heights, Bronx on May 23, 2022.

• Gindi Capital borrowed $8.5 million from Israel Discount Bank for 350 East Fordham Road and 2511 Marion Avenue, Fordham, Bronx on May 27, 2021.

• Gindi Capital sold 595 Smith Street, 611 Smith Street, 627 Smith Street, and 659 Smith Street, Brooklyn, Brooklyn for $45 million to Gindi Capital on January 04, 2021.

• Speedway sold 204 4th Avenue, Gowanus, Brooklyn for $29.8 million to Gindi Capital on November 22, 2019.