Payam Moradof

(Perry Moradof)

Owner

Payam Moradof portfolio

$36 million* – elevator 55%, walkup 31%; Queens 76%, Brooklyn 23%

1190th largest portfolio by dollar value

231,337 sqft – elevator 60%, walkup 28%;

1073th largest by SF

12 properties – Queens 83%, Brooklyn 16%

732th largest

230 residential units – Queens 77%, Brooklyn 22%

805th largest by residential units

Person Activity past 24 months:

Borrower signatory: 1 for $8.3 million

Developer (new building or major alteration): 7.0 for 54,517 square feet

Top Ten Associated Companies:

Signature Bank (2), Valley National Bank (1), Santander Bank (1), LMF Commercial (1)

Top Ten Associated People:

Samantha Stewart (2), Margaret M. Fahy (1), Shanna Vidal-Pope (1)

Recent activity as company:

Payam Moradof borrowed $8.3 million from LMF Commercial for 804 Jefferson Avenue, Bedford Stuyvesant, Brooklyn on September 13, 2024.

• Frank Tehrani and Payam Moradof borrowed $21.5 million from Santander Bank for 138-28 Queens Boulevard, Briarwood, Queens on January 26, 2023.

Payam Moradof borrowed $5.4 million from Signature Bank for 31-36 47th Street, Astoria, Queens on July 08, 2022.

Payam Moradof borrowed $6.3 million from Signature Bank for 924-932 Willoughby Avenue, Bushwick, Brooklyn on July 08, 2022.

Payam Moradof borrowed $9 million from Valley National Bank for 23-31 Astoria Boulevard and 23-33 Astoria Boulevard, Astoria, Queens on February 01, 2022.

Perry Moradof filed plans for new building for 20,696 sqft in Astoria, Queens, on January 04, 2021.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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