Evan Petracca
Chief Operating Officer
Triangle Equities
30-56 Whitestone Expressway Whitestone, NY 11354
Triangle Equities NYC portfolio
$429.1 million -industrial 31%, condo 26%, specialty 25%; Queens 97%, Bronx 2%*
511th largest portfolio by dollar value
709,193 sqft – industrial 41%, specialty 33%, office 13%; Queens 89%, Bronx 10%
646th largest by SF
11 properties – Queens 63%, Bronx 36%
910th largest
0 foreclosures, 0 bankruptcies, 1 other court case.
Other Links:
Person Activity past 24 months:
Seller signatory: 5 for $65.8 million
Borrower signatory: 5 for $133.3 million
Developer (new building or major alteration): 4 for 38,815 square feet
Top Ten Associated Companies:
Durgaj Properties (3), Balfin Group (3), Centennial Bank (2), Metropolitan Commercial Bank (2), Goldman Sachs (2), Grumman Studios (1), Provident Bank (1), Bridge Asset Management (1), JPMorgan Chase (1), Simone Development Companies (1)
Top Ten Associated People:
Francillia LeBlanc (2), Timothy Richards (2), Parvid Farahzad (1), Paul Keshian (1), Martin Mane (1), Paulin Durgaj (1), Pauline Durgaj (1), Craig Zajac (1), Jay Shah (1), David Arza (1)
Recent activity as signatory:
• Triangle Equities sold None for $8.2 million to Durgaj Properties and Balfin Group on April 14, 2026.
• Triangle Equities sold N/A East Fordham Road, None, Bronx for $7.2 million to Durgaj Properties and Balfin Group on April 14, 2026.
• Triangle Equities sold N/A Cambreleng Avenue, None, Bronx for $6.6 million to Durgaj Properties and Balfin Group on April 14, 2026.
• Triangle Equities sold 2502 Cambreleng Avenue for $2.8 million to Bridge Asset Management on April 14, 2026.
• Triangle Equities borrowed $14.5 million from Metropolitan Commercial Bank for 755 Co-Op City Boulevard, 755 Co-Op City Boulevard, and 755 Co-Op City Boulevard, Eastchester, Bronx on April 09, 2026.
• Triangle Equities sold 1600 Flatbush Avenue, East Flatbush, Brooklyn for $41 million to Grumman Studios on July 30, 2025.
• Triangle Equities borrowed $15.3 million from Centennial Bank for 26-05 Ulmer Street on March 13, 2025.
• Triangle Equities borrowed $72 million from JPMorgan Chase for 131-04 28 Avenue on December 19, 2024.
• Triangle Equities borrowed $16.4 million from Goldman Sachs for 30-56 Whitestone Expressway on August 22, 2024.
• Triangle Equities borrowed $15.1 million from Goldman Sachs for 148-26 175 Street on August 22, 2024.
Latest Stories:
• Bridge Asset Management pays $2.8M to Triangle Equities for office in Belmont (April 23, 2026)
• Triangle Equities signs $15.3M refi for truck parking in College Point (March 17, 2025)
• Triangle Equities ups debt to $31.5M at two Queens properties (September 10, 2024)
• Triangle Equities borrows $23.8M from Provident Bank for properties in Queens (February 08, 2021)
• Triangle Equities refis $17.3M with Signature Bank for property in Morrisania (November 06, 2020)