Albert Srour
Owner
Albert Srour portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$88.1 million – office 34%, elevator 32%; Brooklyn 76%, Manhattan 23%
603th largest portfolio by dollar value
856,765 sqft – elevator 42%, office 24%;
371th largest by SF
16 properties – Brooklyn 87%, Manhattan 12%
141th largest
521 residential units – Brooklyn 100%, Manhattan 0%
362th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $13.5 million
Seller signatory: 0 for $0
Borrower signatory: 1 for $7.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 6 for 577,354 square feet
Top Ten Associated Companies:
Signature Bank (6), New York Community Bank (4), Bronstein Properties (1), Esquire Bank (1), Investors Bank (1)
Top Ten Associated People:
Alan L. Kaufman (2), Kenneth A. Stagnari (1), John Feijoo (1), Barry Rudofsky (1), Steven Dorritie (1)
Recent activity as signatory:
• Albert Srour filed plans for major alteration for 73,860 sqft in Downtown Brooklyn, Brooklyn, on December 03, 2024.
• Albert Srour filed plans for major alteration for 133,948 sqft in Garment District, Manhattan, on November 19, 2024.
• Albert Srour filed plans for major alteration for 133,948 sqft in Garment District, Manhattan, on May 20, 2024.
• Albert Srour filed plans for major alteration for 133,948 sqft in Garment District, Manhattan, on March 02, 2024.
• Albert Srour filed plans for major alteration for 1,650 sqft in Sheepshead Bay, Brooklyn, on December 11, 2023.
• Albert Srour borrowed $7.2 million from Esquire Bank for 252 74th Street, Bay Ridge, Brooklyn on August 21, 2023.
• Bronstein Properties sold 252 74th Street, Bay Ridge, Brooklyn for $13.5 million to Albert Srour on August 21, 2023.
• Albert Srour filed plans for major alteration for 100,000 sqft in Garment District, Manhattan, on August 21, 2023.
• Albert Srour borrowed $26.4 million from New York Community Bank for 248 West 35th Street, Garment District, Manhattan on October 07, 2022.
• Albert Srour borrowed $5 million from New York Community Bank for 2530 Ocean Avenue, Sheepshead Bay, Brooklyn on August 08, 2022.
Latest Stories:
• Albert Srour pays $13.5M to Bronstein Properties for 66-unit rental in Bay Ridge August 22, 2023
• Albert Srour signs $26.4M refi for office building in Garment District October 10, 2022
• Albert Srour signs $9.4M refi with Signature Bank for two rentals in Flatbush September 03, 2021
• Albert Srour signs $7.2M refi with Signature for mixed-use in Washington Heights August 30, 2021
• Albert Srour borrows $6.6M from New York Community for multifamily in Bay Ridge August 07, 2020
• 2530 Ocean Ave. Corp. obtained financing of $5M from New York Community Bank July 31, 2019