405 Alden Place

Owner: Hemal Chandresh Patel

Debt: June 01, 2026, $5 million

Built: 2020

Renovated: 2019

SF: 23,185

Dwelling units: 0

No. of buildings: 1

Class: Transient Occupancy-Midtown Mn Area (H3)

Floors: 4

HPD Ownership Registration Information

Last registered: 2025-10-17 (expires 2026-09-01)

Transactions:

• Hemal Chandresh Patel and Samir C. Patel borrowed $5 million from PromiseOne Bank for 2008 Webster Avenue, Tremont, Bronx on June 01, 2026.

• Arch Street Capital Advisors borrowed $5.6 million from Spring Bank for 2008 Webster Avenue, Tremont, Bronx on July 16, 2021.

Development:

• Samir Patel filed new building job 210178706 for 18,221 sqft R-1 building with 70 apartments in Tremont, Bronx, on October 23, 2018.

• John Iveli filed major alteration job 200649922 for E building in Tremont, Bronx, on December 08, 2000.

• Kaushick Patel filed alteration job X00355132 for 30 sqft building with 0 apartments in Tremont, Bronx, on June 09, 2020.

• Hemal Patel filed alteration job X00326787 for 4,500 sqft building with 70 apartments in Tremont, Bronx, on March 08, 2020.

• Lucio Gil Rumaldo filed alteration job X00323126 for building with 0 apartments in Tremont, Bronx, on February 28, 2020.

• Kaushick Patel filed alteration job X00308860 for 183 sqft building with 0 apartments in Tremont, Bronx, on February 06, 2020.

• Kaushick Patel filed alteration job X00281054 for 25,000 sqft R-1 building with 0 apartments in Tremont, Bronx, on January 02, 2020.

Violations:

According to city public data, the properties have received $2,500 in ECB penalties and $4,490 in OATH penalties in the last year.