Khaled Ashmawy

(Karl Ashmawy)

Owner

Khaled Ashmawy NYC portfolio

$43.8 million* – mixed-use 45%, condo 23%, walkup 16%; Bronx 75%, Manhattan 23%, Brooklyn 1%

2041th largest portfolio by dollar value

122,851 sqft – elevator 61%, walkup 15%, mixed-use 14%;

1734th largest by SF

5 properties – Bronx 60%, Manhattan 20%, Brooklyn 20%

1541th largest

93 residential units – Bronx 100%

1567th largest by residential units

Person Activity past 24 months:

Developer (new building or major alteration): 16 for 23,794 square feet

Top Ten Associated Companies:

Signature Bank (1), Roberts Equities (1), Pacific National Bank (1)

Top Ten Associated People:

Christie Archer (1), Steven J. Goldstein (1), Paulo Garcia (1)

Recent activity as signatory:

Khaled Ashmawy borrowed $7.7 million from Signature Bank for 35 West 124th Street, Harlem, Manhattan on February 22, 2023.

Khaled Ashmawy and Portabella borrowed $12 million from Pacific National Bank for 58-66 East Fordham, Fordham Heights, Bronx on January 25, 2023.

Roberts Equities sold 58-66 East Fordham, Fordham Heights, Bronx for $20.1 million to Khaled Ashmawy and Portabella on January 25, 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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