Behrooz Hedvat

(Berhooz Hedvat)

Owner

LinkedIn

Behrooz Hedvat portfolio

$43.3 million* – mixed-use 38%, retail 33%; Manhattan 100%, Bronx 0%

1047th largest portfolio by dollar value

202,924 sqft – elevator 40%, retail 26%;

1201th largest by SF

8 properties – Manhattan 100%, Bronx 0%

1027th largest

78 residential units – Manhattan 100%, Bronx 0%

1661th largest by residential units

Person Activity past 24 months:

Buyer signatory: 3 for $44.6 million

Borrower signatory: 2 for $25.5 million

Top Ten Associated Companies:

Signature Bank (2), Forum Capital Partners (1), Susan Weatherley (1), Israel Discount Bank (1), Gerald Weinstein (1), Martin Weinstein (1), Argentic Investment Management (1), Kenneth Moslin (1)

Top Ten Associated People:

Chris Milner (1), James W. Simpson (1), Gerald Weinstein (1), Ryan Supple (1), Kenneth A. Stagnari (1), Kenneth Moslin (1)

Recent activity as company:

Kenneth Moslin sold 100 Fort Washington Avenue, Washington Heights, Manhattan for $5.6 million to Behrooz Hedvat on October 11, 2024.

Behrooz Hedvat borrowed $13 million from Argentic Investment Management for 80 White Street, Chinatown, Manhattan on August 28, 2024.

• Gerald Weinstein and Martin Weinstein sold 80 White Street, Chinatown, Manhattan for $21 million to Behrooz Hedvat on August 28, 2024.

Behrooz Hedvat borrowed $12.5 million from Israel Discount Bank for 16 West 39th Street, Grand Central, Manhattan on June 28, 2024.

• Susan Weatherley sold 16 West 39th Street, Grand Central, Manhattan for $18 million to Behrooz Hedvat on June 28, 2024.

Forum Capital Partners sold 703 West 171st Street, Washington Heights, Manhattan for $6.3 million to Behrooz Hedvat on February 02, 2023.

Behrooz Hedvat borrowed $6 million from Signature Bank for 237 East 31st Street, Kips Bay, Manhattan on February 11, 2022.

Behrooz Hedvat borrowed $17.1 million from Signature Bank for 135 East 93rd Street, 156 Delancey Street, and 1022 Lexington Avenue, Carnegie Hill, Manhattan on March 09, 2021.

Latest Stories:

• Behrooz Hedvat pays $5.6M for 49-unit rental in Washington Heights (October 14, 2024)

• Behrooz Hedvat pays $21M for mixed-use in Tribeca (August 29, 2024)

• Behrooz Hedvat pays $18M to long-time owners for office in Grand Central (July 01, 2024)

• Behrooz Hedvat pays $6.3M to Forum Capital Partners for 11-unit building in Washington Heights (February 03, 2023)

• Behrooz Hedvat signs $6M refi loan with Signature Bank for office building in Kips Bay (February 14, 2022)

• Behrooz Hedvat borrows $17.1M from Signature Bank for 13-unit rental in Carnegie Hill (March 10, 2021)

• Gerald P. Weinstein borrows $13M from Bank of America for retail property in Tribeca (May 21, 2020)

• Behrooz Hedvat borrows $28M from Ladder Capital for three properties purchased from Ashkenazy Acquisition (November 25, 2019)

• Ashkenazy Acquisition sells three properties for $43M to apparel manufacturer Behrooz Hedvat (November 22, 2019)

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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