Janusz Sendowski signs $18.7M refi for two residential elevator properties in Bay Ridge

Janusz Sendowski and Oren Sendowski through the entity Hf Ridge LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $18.7 million for two residential elevator properties with 165 residential units including the 83-unit residential elevator building (D1) at 7420 Ridge Boulevard in Bay Ridge, Brooklyn and the 82-unit residential elevator building (D1) at 7410 Ridge Boulevard in Bay Ridge, Brooklyn.
The deal closed on January 9, 2026 and was recorded on January 20, 2026. The prior lender was Janusz Sendowski which held debt that had an original loan amount of $4.5 million.The two properties have 176,064 square feet of built space according to a PincusCo analysis of city data. The loan price per built square foot is $106 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Janusz Sendowski and Oren Sendowski was Oren Sendowski.

Because multiple properties have been transacted, some of the following sections will follow the property with the largest assessed value, which in this case, is the property on 7410 Ridge Boulevard.

Prior sales, articles and revenue

The owners according to the Department of Housing Preservation and Development includes Adam Goodman, head officer and Howard Hershkovich, officer. The business entities are Tissa Management and Hf Bay Ridge Lp. The two properties with a total of 176,064 square feet of built space generated revenue of $4 million per year or $23 per square foot.

The property

The residential elevator building with 82 residential units in Bay Ridge has 176,064 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 97 feet and is 210 feet deep with a total lot size of 21,300 square feet. The lot is irregular. The zoning is R6A which allows for up to 3 times floor area ratio (FAR) for residential with inclusionary housing. The city-designated market value for the property in 2022 is $7.6 million. The property has 71 rent regulated units according to city tax records from 2024.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the properties for the past 24 months. In addition, according to city public data, the properties have received 81 housing violations, $100 in OATH penalties, and one housing litigation in the last year.

Development

For the tax lot buildings, one out of the two buildings received a initial certificate of occupancy in the last ten years. There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On the tax block of 7410 Ridge Boulevard, PincusCo has identified the owners of three of the three commercial properties representing 233,100 square feet of the 233,100 square feet. The two identified owners are Hf Capital and Parkoff Organization.
There are no active new building construction projects on this tax block.

All properties are elevator.

The borrower

The PincusCo database currently indicates that Janusz Sendowski owned at least 14 commercial properties with 411 residential units in New York City with 486,011 square feet and a city-determined market value of $84.2 million. (Market value is typically about 50% of actual value.) The portfolio has $116.9 million in debt, with top three lenders as JPMorgan Chase, Deutsche Bank, and Bankwell Bank respectively. Within the portfolio, the bulk, or 72 percent of the 486,011 square feet of built space are elevator properties, with walkup properties next occupying 17 percent of the space. The bulk, or 77 percent of the built space, is in Manhattan, with Brooklyn next at 12 percent of the space.
The PincusCo database currently indicates that Oren Sendowski owned at least two commercial properties in New York City with 15,010 square feet and a city-determined market value of $3.5 million. (Market value is typically about 50% of actual value.) The portfolio has $6.3 million in debt, borrowed from Signature Bank. Within the portfolio, the bulk, or 100 percent of the 15,010 square feet of built space are mixed-use properties, with industrial properties next occupying 0 percent of the space. They are all located in Bronx.

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