Ved Parkash
Owner
172-14 89th Ave Jamaica, NY 11432
8 Birch Hill Ct Old Westbury, NY 11568
Ved Parkash NYC portfolio
$540.7 million -elevator 96%, walkup 3%; Bronx 93%, Queens 6%*
412th largest portfolio by dollar value
4,807,904 sqft – elevator 97%, walkup 2%; Bronx 94%, Queens 5%
85th largest by SF
72 properties – Bronx 88%, Queens 11%
110th largest
4,641 residential units – Bronx 93%, Queens 6%
54th largest by residential units
12 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Borrower signatory: 3 for $21.6 million
Top Ten Associated Companies:
Webster Bank (7), Morgan Group (3), Community Preservation Corporation (2), Related Companies (2), Peapack-Gladstone Bank (1), Sterling National Bank (1), Customers Bank (1), Hirshmark Capital (1)
Top Ten Associated People:
Olga Bogrova (5), Scott Morgan (3), Robert Riggs (2), Martin J. Brady (1), Sean Winchester (1)
Recent activity as signatory:
• Ved Parkash borrowed $11.6 million from Community Preservation Corporation and Related Companies for 160 East 156 Street on June 30, 2026.
• Ved Parkash borrowed $10 million from Community Preservation Corporation and Related Companies for 2260 University Avenue on June 30, 2026.
• Hirshmark Capital on March 28, 2025 bought a loan with an original principal of $3 million from Capital One, signed by Matthew Brower, secured by 2487 Davidson Avenue, when owned by Ved Parkash.
• Ved Parkash borrowed $5.1 million from Webster Bank for 3039 Wallace Avenue on March 21, 2024.
• Ved Parkash borrowed $7.5 million from Webster Bank for 118 East 157 Street on December 14, 2023.
• Ved Parkash borrowed $11.5 million from Webster Bank for 162-05 89 Avenue on October 27, 2023.
• Ved Parkash borrowed $10.4 million from Webster Bank for 3764 Bronx Boulevard on October 23, 2023.
• Ved Parkash borrowed $13.2 million from Webster Bank for 50 East 191 Street on October 12, 2023.
• Ved Parkash borrowed $14 million from Webster Bank for 239 East 181 Street on September 28, 2023.
• Ved Parkash borrowed $8.8 million from Webster Bank for 1630 Grand Avenue on October 28, 2022.
Latest Stories:
• Ved Parkash pays $6.3M to Morgan Group for 43-unit rental in Tremont (April 09, 2021)
• Ved Parkash borrows $19.3M from Customers Bank for property in Bronxwood (November 27, 2020)
• Ved Parkash pays $11.5M to Morgan Group for 78-unit rental in Fordham (October 22, 2020)
• Ved Parkash borrows $8M from Sterling National to buy 78-unit rental in Fordham (October 22, 2020)
• Ved Parkash pays $12.5M to Morgan Group for 83-unit rental property in Tremont (June 12, 2020)
• Ved Parkash borrows $8M from Peapack-Gladstone Bank for property in Tremont (June 12, 2020)
Court Records: