Sabah Shemel
Owner
Sabah Shemel NYC portfolio
$68.7 million -elevator 69%, walkup 19%, retail 10%; Manhattan 91%, Brooklyn 8%*
1793th largest portfolio by dollar value
93,224 sqft – elevator 75%, walkup 14%, retail 9%; Manhattan 93%, Brooklyn 6%
2435th largest by SF
5 properties – Manhattan 80%, Brooklyn 20%
1823th largest
97 residential units – Manhattan 91%, Brooklyn 8%
1758th largest by residential units
Top Ten Associated Companies:
Popular Bank (1), JPMorgan Chase (1), Dime Community Bank (1)
Top Ten Associated People:
Gary Hoffson (1), Michael Feldman (1)
Recent activity as signatory:
• Kano Real Estate Investors borrowed $26.5 million from JPMorgan Chase for 558 Broadway on December 23, 2022.
• Sabah Shemel borrowed $5.6 million from Popular Bank for 4179 Broadway on October 20, 2022.
• Sabah Shemel borrowed $5.4 million from Dime Community Bank for 1355 2 Avenue on February 05, 2021.
Latest Stories:
• Kano Real Estate signs $26.5M refi with JPMorgan Chase in SoHo on Broadway (February 24, 2023)
