Monarch Realty Holdings
People:
Monarch Realty Holdings portfolio
$33.3 million* – walkup 47%, elevator 32%; Manhattan 79%, Brooklyn 11%
1249th largest portfolio by dollar value
185,530 sqft – walkup 48%, elevator 31%;
1287th largest by SF
10 properties – Manhattan 70%, Brooklyn 20%
849th largest
206 residential units – Manhattan 100%, Bronx 0%
872th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $14.4 million
Seller company: 5 for $10.9 million
Borrower company: 1 for $5.7 million
Lender company: 1 for $0
Top Ten Associated Companies:
Arbor Realty Trust (5), First National Bank of Long Island (3), Sterling National Bank (2), Madison Realty Capital (1), Yitzchok Weinberg (1), JAM Real Estate Partners (1), Webster Bank (1), Hesky Haim (1), Continental Equities Group (1), Zalmen Wagschal (1)
Top Ten Associated People:
Thomas L. Montemage (5), Jane F. Reed (2), David Speiser (1), Yitzchok Weinberg (1), Jared Pinchasick (1), Olga Bogrova (1), Isaac Saidmehr (1), Zalmen Wagschal (1), Kasriel Shemtov (1)
Recent activity as company:
• Monarch Realty Holdings sold 1048 Sheridan Avenue, Concourse Village, Bronx for $1.7 million to Arbor Realty Trust on January 06, 2025.
• Monarch Realty Holdings sold 1052 Sheridan Avenue, Concourse Village, Bronx for $1.7 million to Arbor Realty Trust on January 03, 2025.
• Monarch Realty Holdings sold 1056 Sheridan Avenue, Concourse Village, Bronx for $1.9 million to Arbor Realty Trust on January 03, 2025.
• Monarch Realty Holdings sold 1064 Sheridan Avenue, Concourse Village, Bronx for $2.1 million to Arbor Realty Trust on January 02, 2025.
• Monarch Realty Holdings sold 1060 Sheridan Avenue, Concourse Village, Bronx for $3.5 million to Arbor Realty Trust on January 02, 2025.
• Kasriel Shemtov and Chana Chemtov sold 342 Livingston Street, Boerum Hill, Brooklyn for $3.1 million to Monarch Realty Holdings on August 22, 2024.
• Zalmen Wagschal borrowed $0 from Monarch Realty Holdings for 33 Nevins Street, Boerum Hill, Brooklyn on October 24, 2023.
• Monarch Realty Holdings borrowed $5.7 million from First National Bank of Long Island for 340 Livingston Street, Boerum Hill, Brooklyn on April 04, 2023.
• Hesky Haim and Continental Equities Group sold 340 Livingston Street, Boerum Hill, Brooklyn for $11.3 million to Monarch Realty Holdings on April 04, 2023.
• Monarch Realty Holdings borrowed $5.3 million from Webster Bank for 427 East 80th Street, Yorkville, Manhattan on November 16, 2022.
Latest Stories:
• Monarch Realty pays $11.3M for office in Boerum Hill (April 05, 2023)
• Monarch Realty pays $8.9M to JAM Real Estate for 20-unit walkup in Yorkville (November 17, 2022)
• Yitzchok Weinberg pays $8M to Monarch Realty for 33-unit walkup in Longwood (May 26, 2022)
• Monarch Realty signs $11.5M refi for 3 walkups in Morningside Heights (May 09, 2022)
• Monarch Realty pays $6.8M to Madison Realty Capital for school in Laurelton (January 10, 2022)
• Madison Realty Capital leases building for public school in Laurelton (April 02, 2020)
Properties: