Parag Sawhney

Penn South Capital

Vishvass

VRH Inc.

LinkedIn

Penn South Capital|Vishvass|VRH Inc. portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$76.2 million – walkup 72%, mixed-use 7%; Manhattan 85%, Brooklyn 14%

682th largest portfolio by dollar value

159,547 sqft – walkup 64%, office 8%;

1409th largest by SF

24 properties – Manhattan 75%, Brooklyn 25%

133th largest

224 residential units – Manhattan 89%, Brooklyn 10%

577th largest by residential units

Person Activity past 24 months:

Buyer signatory: 13 for $73.1 million

Seller signatory: 3 for $18.9 million

Borrower signatory: 3 for $22.8 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Kushner Companies (4), Musano family (3), KeyBank (3), Michael Keefe (2), MidCap Financial (1), Moon Capital Management Group (1), Morris Harary (1), Benefit Street Partners (1), Joseph Hon Yu (1), Ho-Chu Yao (1)

Top Ten Associated People:

Matthew Burrows (4), Alvaro Jinete (3), Cynthia M. Milioto (3), Michael Keefe (2), Allison Schifini (2), Won Moon (1), Morris Harary (1), Micah Goodman (1), Joseph Hon Yu (1), Ho-Chu Yao (1)

Recent activity as signatory:

Penn South Capital sold 137 West 14th Street, Chelsea, Manhattan for $5.2 million to People’s Forum on January 06, 2025.

Penn South Capital borrowed $7 million from KeyBank for 174 Hester Street, Little Italy, Manhattan on January 06, 2025.

• Avi Sacks sold 137 Orchard Street, Lower East Side, Manhattan for $2.5 million to Gorjian Real Estate Groupand VRH Inc. on December 10, 2024.

• Vishwaas sold 76-78 Carmine Street, Greenwich Village, Manhattan for $8.5 million to Harkham Ventures on November 27, 2024.

Bernice Harris sold 430 East 13th Street, East Village, Manhattan for $3.4 million to Penn South Capital on April 23, 2024.

Kushner Companies sold 99 East 3rd Street, East Village, Manhattan for $4.8 million to Penn South Capital on February 12, 2024.

Kushner Companies sold 170 East 2nd Street and 174 East 2nd Street, Alphabet City, Manhattan for $22 million to Penn South Capital on February 08, 2024.

Kushner Companies sold 325 East 10th Street, Alphabet City, Manhattan for $9.6 million to Penn South Capital on February 06, 2024.

Kushner Companies sold 23 Avenue A, East Village, Manhattan for $5.1 million to Penn South Capital on February 06, 2024.

• Anthony J. Sarroand Theresa Sarro sold 308 Graham Avenue, Williamsburg, Brooklyn for $6 million to Penn South Capital on January 22, 2024.

Latest Stories:

• Cobby Gorjian, Parag Sawhney pay $2.5M for 12-unit mixed-use in Lower East Side December 13, 2024

• Harkham Ventures pays $8.5M to Vishwaas for 19-unit rental in Greenwich Village November 29, 2024

• Penn South Capital pays $3.4M for 15-unit walkup in East Village April 24, 2024

• Penn South pays $4.8M to Kushner for mixed-use in East Village, part of $41M portfolio deal February 13, 2024

• Penn South pays $22M to Kushner for walkups in Alphabet City, part of $41M deal February 09, 2024

• Penn South Capital pays $14.7M to Kushner for two walkups in Alphabet City February 07, 2024

• Penn South Capital pays $6M for mixed-use in Williamsburg January 23, 2024

• Penn South Capital pays $3.2M for 4-unit building in Greenpoint December 14, 2023

• RockSolid Ventures pays $7.8M to Penn South Capital for 10-unit walkup in Alphabet City October 05, 2023

• Penn South Capital pays $3M for 4-family in Williamsburg October 03, 2023