Harshad S. Patel

Owner

Harshad S. Patel NYC portfolio

$12.6 million* – hotel 99.0%; Bronx 99.0%, Manhattan 0.0%

3714th largest portfolio by dollar value

42,973 sqft – hotel 100%;

3108th largest by SF

Person Activity past 24 months:

Seller signatory: 2 for $31.7 million

Borrower signatory: 2 for $9.4 million

Top Ten Associated Companies:

Hanmi Bank (1), Gagan Chadha (1), East End Developers LLC (1)

Top Ten Associated People:

Peter Shin (1), Jeffrey Zwick (1), Gagan Chadha (1)

Recent activity as signatory:

Gagan Chadha borrowed $11.4 million from Spring Bank for 1462 Atlantic Avenue, Crown Heights, Brooklyn on February 10, 2025.

Harshad S. Patel sold 1462 Atlantic Avenue, Crown Heights, Brooklyn for $14.5 million to Gagan Chadha on February 10, 2025.

Harshad S. Patel borrowed $9.4 million from Hanmi Bank for 500 Exterior Street, Mott Haven, Bronx on January 10, 2025.

Harshad S. Patel borrowed $0 from East End Developers LLC for 1462 Atlantic Avenue, Crown Heights, Brooklyn on October 17, 2023.

• Nikul Patel, Harshad S. Patel, Dakshia Patel, Krupali Patel, Narendra Patel, Niseet Patel and Mitul Patel sold 138-68 94th Avenue, Jamaica, Queens for $17.2 million to company on May 23, 2023.

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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