Azzam Obeid
Owner
Azzam Obeid portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$12.8 million – elevator 79%, walkup 15%; Brooklyn 59%, Manhattan 40%
2262th largest portfolio by dollar value
87,605 sqft – elevator 78%, walkup 19%;
2070th largest by SF
4 properties – Manhattan 50%, Brooklyn 50%
153th largest
106 residential units – Brooklyn 83%, Manhattan 16%
692th largest by residential units
Top Ten Associated Companies:
Raymond Orfaly (1), Eric Markel (1), Dime Community Bank (1)
Top Ten Associated People:
Raymond Orfaly (1), Jeanette Kahaly (1), Eric Markel (1), Charlie Terrasi (1)
Recent activity as signatory:
• Azzam Obeid borrowed $6.2 million from Dime Community Bank for 310 94th Street, Bay Ridge, Brooklyn on July 18, 2022.
• Eric Markel sold 310 94th Street, Bay Ridge, Brooklyn for $12.5 million to Azzam Obeid on July 18, 2022.
• Raymond Orfaly sold 484 67th Street, Bay Ridge, Brooklyn for $5.5 million to Azzam Obeid on June 17, 2020.
Latest Stories:
• Azzam Obeid pays $12.5M to Eric Markel for residential elevator in Bay Ridge July 19, 2022
• Azzam Obeid pays $5M for multifamily property in Bay Ridge June 18, 2020