Parkoff Organization

People:

To see the 1 person from this company you need a Professional level subscription

Subscribe ($125/month)

Parkoff Organization NYC portfolio

$1.9 billion* – elevator 80%, walkup 13%, retail 3%; Brooklyn 48%, Manhattan 29%, Bronx 11%

83th largest portfolio by dollar value

6,118,933 sqft – elevator 79%, walkup 17%, retail 1%;

43th largest by SF

108 properties – Manhattan 44%, Brooklyn 28%, Bronx 13%

46th largest

6,004 residential units – Manhattan 33%, Brooklyn 31%, Bronx 21%

27th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 1 for $290 million

Seller company: 2 for $42.2 million

Borrower company: 4 for $43.9 million

Top Ten Associated Companies:

New York Community Bank (32), Signature Bank (9), Esquire Bank (4), Cammeby’s International Group (3), Flagstar Bank (3), Black Spruce Management (1), Churchill Real Estate Holdings (1), Skybrook Capital (1), Booth 21 LLC (1), 1420 Associates LLC (1)

Top Ten Associated People:

Daniel M. Bagatta (9), Alan L. Kaufman (7), John Feijoo (4), Eli Schron (3), Gail Naviasky (3), Steven Dorritie (2), Joseph Biancoviso (1), Murray Mackinnon (1), Peter Castro (1), Kenneth S. Horn (1)

Recent activity as company:

• Parkoff Organization sold 345 E 64th St, Lenox Hill, Manhattan for $34 million to HUBB NYC on January 10, 2025.

• Parkoff Organization borrowed $11 million from Skybrook Capital for 37-11 35th Avenue, Astoria, Queens on January 08, 2025.

• Bronstein Properties and Parkoff Organization borrowed $17.7 million from Citibank for 43-05 47th Street and 43-38 47th Street, Sunnyside, Queens on August 29, 2024.

• Parkoff Organization and Bronstein Properties borrowed $5.1 million from Deutsche Bank for 514 West 213th street, Inwood, Manhattan on August 29, 2024.

• Parkoff Organization sold 1482 1st Avenue, Lenox Hill, Manhattan for $8.2 million to Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners on August 28, 2024.

• Bronstein Properties and JP Morgan Asset Management sold 2160 Caton Avenue and 2164 Caton Avenue, Flatbush, Brooklyn for $290 million to Parkoff Organization and Bronstein Properties on June 18, 2024.

• Parkoff Organization borrowed $10.1 million from Flagstar Bank for 780 Pelham Parkway, Pelham Parkway, Bronx on February 01, 2023.

• Parkoff Organization borrowed $5 million from New York Community Bank for 254-262 Lenox Road, East Flatbush, Brooklyn on March 01, 2020.

• Parkoff Organization borrowed $6.4 million from Dime Community Bank for 7005-7019 Shore Road, Bay Ridge, Brooklyn on November 22, 2022.

• Parkoff Organization borrowed $8.4 million from Flagstar Bank for 93-99 Arden Street, Washington Heights, Manhattan on January 01, 2023.