Vipul Patel
Owner
86-08 144 St, Briarwood, NY 11435
244 5th Ave #269v New York, NY 10001
Vipul Patel portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$6 million – hotel 92%, office 7%; Queens 92%, Brooklyn 7%
3457th largest portfolio by dollar value
29,740 sqft – hotel 91%, office 8%;
3589th largest by SF
2 properties – Brooklyn 50%, Queens 50%
155th largest
Other Links:
https://gothamist.com/news/marriott-sues-franchisee-hotel-for-morphing-into-nyc-migrant-shelter
Notes
Additional owners on Pride Hospitality, per Gothamist, owner of InnFocus
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $5.9 million
Borrower signatory: 1 for $5.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 4,420 square feet
Top Ten Associated Companies:
Itack Werzberger (1), Joanne Brock-Festa (1), John Brock (1), New Millennium Bank (1)
Top Ten Associated People:
Itack Werzberger (1), Jay Zhu (1)
Recent activity as signatory:
• Hemant Mehta borrowed $13 million from Andrew Zafir for 31 West 19th Street, Flatiron District, Manhattan on January 03, 2025.
• Vipul Pateland Jai Pateland Krishna Mehtaand Chandra Mehtaand Jagruti Patel borrowed $5.5 million from New Millennium Bank for 139-09 Archer Avenue, Jamaica, Queens on October 31, 2024.
• Vipul Patel filed plans for major alteration for 4,420 sqft in Bushwick, Brooklyn, on November 02, 2023.
• Ashvin Pateland Vipul Patel sold 769-781 Chauncey Street, Bushwick, Brooklyn for $5.9 million to Itack Werzberger on June 06, 2023.
• Joanne Brock-Festaand John Brock sold 360 9th Street, Park Slope, Brooklyn for $1.8 million to Vipul Patel on November 23, 2022.
• Vipul Patel filed plans for major alteration for 1,500 sqft in Park Slope, Brooklyn, on February 11, 2022.
Latest Stories:
• Vipul Patel, partners sign $5.5M refi for hotel in Jamaica November 01, 2024
• Ashvin Patel pays $4.7M to Peter Bajic for industrial in Bushwick April 21, 2021