Teghvir Sethi

(Teghvir Singh Sethi)

Principal

Owner

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$12.3 million* – M1 88.0%, A9 7.0%; Manhattan 88.0%, Brooklyn 11.0%

2362th largest portfolio by dollar value

17,108 sqft – M1 67%, industrial 13%;

4442th largest by SF

6 properties – Brooklyn 66%, Manhattan 33%

1377th largest

126 residential units – Brooklyn 100%, Manhattan 0%

1226th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

• HousingPlus and Spatial Equity Co. borrowed $57.8 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 793 Glenmore Avenue, 355 Shepherd Avenue, 795 Glenmore Avenue, and 353 Shepherd Avenue, East New York, Brooklyn on November 17, 2022.

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

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