Albert Rabizadeh
Owner
Individual
Albert Rabizadeh portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$27.9 million – retail 43%, mixed-use 40%; Bronx 42%, Manhattan 38%
1364th largest portfolio by dollar value
63,540 sqft – retail 50%, industrial 27%;
2474th largest by SF
18 properties – Brooklyn 55%, Bronx 27%
139th largest
11 residential units – Manhattan 72%, Brooklyn 27%
787th largest by residential units
2 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 3 for $13.9 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Columbia Capital (1), Vanbarton Group (1), Flushing Bank (1), Basilios Vassos (1), Alembic Community Development (1), Sun Tuen Wong (1)
Top Ten Associated People:
Justin B. Kleinman (1), Francesco Pizzolla (1), Basilios Vassos (1), Dawn Valentine (1), Benjamin Warnke (1), Sun Tuen Wong (1)
Recent activity as signatory:
• Albert Rabizadehand Daniel Rabizadehand Mehrdad Kahanand Said Makhanyand Alex Rabizadeh sold 245 Clarkson Avenue, Prospect Lefferts Gardens, Brooklyn for $10.5 million to Alembic Community Development on August 07, 2024.
• Albert Rabizadeh sold 4551 Third Avenue, Belmont/Little Italy, Bronx for $2 million to Basilios Vassos on January 02, 2024.
• Albert Rabizadeh sold 102-10 Roosevelt Avenue, Corona, Queens for $1.4 million to Sun Tuen Wong on September 26, 2023.
• Albert Rabizadeh borrowed $16.2 million from Flushing Bank for 1031-1049 Westchester Avenue and 1057 Southern Boulevard, Longwood, Bronx on July 21, 2022.
• Vanbarton Group sold 1031-1049 Westchester Avenue and 1057 Southern Boulevard, Longwood, Bronx for $22.8 million to Global Asset Propertiesand Albert Rabizadeh on July 21, 2022.
• Albert Rabizadeh borrowed $6.5 million from Columbia Capital for 11 East 115th Street, East Harlem, Manhattan on July 19, 2022.
Latest Stories:
• Alembic pays $10.5M for dev site in Prospect Lefferts Gardens August 08, 2024
• Basilios Vassos pays $2M to Albert Rabizadeh for retail in Belmont January 03, 2024
Litigation: