Adam Parkoff
Parkoff Organization
Parkoff Organization NYC portfolio
$1.3 billion -elevator 70%, walkup 18%, office 5%; Manhattan 45%, Brooklyn 23%, Bronx 16%*
168th largest portfolio by dollar value
6,145,433 sqft – elevator 78%, walkup 16%, office 1%; Manhattan 32%, Brooklyn 30%, Bronx 22%
67th largest by SF
108 properties – Manhattan 44%, Brooklyn 28%, Bronx 13%
59th largest
5,952 residential units – Manhattan 32%, Brooklyn 31%, Bronx 21%
41th largest by residential units
1 foreclosure, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Seller signatory: 1 for $34 million
Top Ten Associated Companies:
New York Community Bank (3), Signature Bank (2), Flagstar Bank (1), Booth 21 LLC (1), 1420 Associates LLC (1), Booth 45 LLC (1), 401 Realty LLC (1), HUBB NYC (1), 383-17 LLC (1), Parlyn Realty LLC (1)
Top Ten Associated People:
John Feijoo (1), Gail Naviasky (1), Alan L. Kaufman (1), Daniel M. Bagatta (1), John P. McCarthy (1), Steven Dluzyn (1)
Recent activity as signatory:
• Parkoff Organization sold 1187 1 Avenue for $34 million to HUBB NYC on January 10, 2025.
• Parkoff Organization borrowed $8.4 million from Flagstar Bank for 99 Arden Street on January 01, 2023.
• Parkoff Organization borrowed $10.7 million from Signature Bank for 83-46 118 Street on December 02, 2022.
• Parkoff Organization borrowed $7.8 million from New York Community Bank for 397 East 17 Street on August 18, 2022.
• Parkoff Organization borrowed $16.3 million from New York Community Bank for 3300 Netherland Avenue on June 01, 2021.
• Parkoff Organization borrowed $8.5 million from Booth 21 LLC for 64-21 Booth Street on October 01, 2020.
• Parkoff Organization borrowed $7.6 million from 1420 Associates LLC for 1430 Ocean Parkway on October 01, 2020.
• Parkoff Organization borrowed $12.7 million from New York Community Bank for 2086 Bronx Park East on October 01, 2020.
• Parkoff Organization borrowed $9 million from Booth 45 LLC for 64-45 Booth Street on October 01, 2020.
• Parkoff Organization borrowed $8.1 million from 401 Realty LLC for 847 Empire Boulevard on October 01, 2020.