Faraj Srour

Owner

Faraj Srour NYC portfolio

$348.8 million* – office 84%, retail 12%; Manhattan 77%, Brooklyn 9%

490th largest portfolio by dollar value

560,100 sqft – office 74%, retail 21%;

552th largest by SF

13 properties – Brooklyn 38%, Bronx 30%

659th largest

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Borrower signatory: 1 for $101.5 million

Developer (new building or major alteration): 5 for 112,578 square feet

Top Ten Associated People:

Angeles DeSantis (1), Daniel M. Bagatta (1), Sylvia Tseng (1), Jason Bishop (1), Michael Birajiclian (1), Ana Rosu Marmann (1)

Recent activity as signatory:

Faraj Srour and Joseph Stavrach borrowed $101.5 million from Bank of Montreal and Citibank for 363 Lexington Avenue and 2 West 46th Street, Grand Central, Manhattan on October 03, 2023.

Faraj Srour borrowed $7.9 million from BCB Community Bank for 460 Willis Avenue, 456 Willis Avenue, and N/A East 145th Street, Mott Haven, Bronx on August 22, 2022.

Faraj Srour borrowed $6 million from Preferred Bank for 2510 Valentine Avenue, Fordham Manor, Bronx on April 19, 2022.

Faraj Srour borrowed $45.1 million from New York Community Bank for 255 West 36th Street, Garment District, Manhattan on March 21, 2022.

Faraj Srour borrowed $15.1 million from Sterling National Bank for 1726 Mcdonald Avenue, 1726 Mcdonald Avenue, 1726 Mcdonald Avenue, 1726 Mcdonald Avenue, 1726 Mcdonald Avenue, and others, Kensington, Brooklyn on April 21, 2021.

Faraj Srour borrowed $5.2 million from People’s United Bank for 2510 Valentine Avenue, Fordham, Bronx on February 26, 2021.

Faraj Srour borrowed $19.6 million from New York Community Bank for 163-18 Jamaica Avenue, Jamaica, Queens on January 28, 2021.

Court Records:

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Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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