Jaspinder Sandhu

(Jaspinder Kaur Sandhu)

Owner, Developer

15 Taft Ave Inwood, NY 11096

$80.5 million* – development 65.0%, hotel 28.0%; Queens 57.0%, Bronx 30.0%

1356th largest portfolio by dollar value

33,992 sqft – hotel 81.0%, office 18.0%;

3446th largest by SF

7 properties – Queens 42%, Bronx 28%

1180th largest

84 residential units – Queens 80.0%, Bronx 15.0%

1590th largest by residential units

Buyer signatory: 2 for $25.6 million

Borrower signatory: 2 for $36.5 million

Michael Spencer (1), Antonio J. Gato (1), Michael DeSousa (1), Shahla Tashkhisi (1), Mia Park (1)

• Shahla Tashkhisi sold 118-08 Jamaica Avenue, Richmond Hill, Queens for $1.9 million to Jaspinder Sandhu on September 19, 2024.

• Sandhu Group borrowed $18.5 million from Hanmi Bank for 4477 3rd Avenue, Belmont/Little Italy, Bronx on July 11, 2024.

• Matt Development sold 92-77 Queens Boulevard, Rego Park, Queens for $23.6 million to Jaspinder Sandhu on August 09, 2023.

• Jaspinder Sandhu borrowed $18 million from Orange Bank & Trust Company for 1591 E 233rd Street, Eastchester, Bronx on February 07, 2023.

• Sandhu Group borrowed $17.5 million from Crown Bank for 95-10 218th St, Queens Village, Queens on December 14, 2022.

*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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