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.

Properties:

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