Amir Sobhraj
Zara Realty Holding
Zara Realty Holding portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$263.7 million – elevator 90%, walkup 8%; Queens 100%, Manhattan 0%
217th largest portfolio by dollar value
2,755,580 sqft – elevator 91%, walkup 8%;
113th largest by SF
52 properties – Queens 100%, Manhattan 0%
105th largest
3,121 residential units – Queens 100%, Manhattan 0%
55th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $81 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Northern Trust Company (4), Arbor Realty Trust (3), Provident Bank (1)
Top Ten Associated People:
Ryan McAuliffe (1), P. Gavin Arneth (1)
Recent activity as signatory:
• Zara Realty Holding borrowed $38.5 million from Northern Trust Company for 94-25 57th Avenue, Elmhurst, Queens on November 16, 2023.
• Zara Realty Holding borrowed $42.5 million from Provident Bank for 88-05 Merrick Boulevard, 87-87 171st Street, 195-24 Jamaica Avenue, and 88-15 144th Street, Jamaica, Queens on June 28, 2023.
• Amir Sobhraj filed plans for major alteration for 1 sqft in West Village, Manhattan, on October 06, 2022.
• Zara Realty Holding borrowed $65 million from Arbor Realty Trust for 88-09 153rd Street, 153-02 88th Avenue, 153-04 88th Avenue, 153-06 88th Avenue, 153-08 88th Avenue, and others, Jamaica, Queens on November 03, 2021.
• Zara Realty Holding borrowed $16.1 million from Northern Trust Company for 164-03 89th Avenue and 162-20 89th Avenue, Jamaica, Queens on August 10, 2021.
• Zara Realty Holding borrowed $16.1 million from Northern Trust Company for 164-03 89th Avenue and 162-20 89th Avenue, Jamaica, Queens on August 02, 2021.
• Zara Realty Holding borrowed $27 million from Arbor Realty Trust for 88-25 153rd Street, Jamaica, Queens on March 12, 2021.
• Zara Realty Holding borrowed $27 million from Arbor Realty Trust for 88-25 153rd Street, Jamaica, Queens on March 04, 2021.
• Zara Realty Holding borrowed $54 million from Northern Trust Company for 166-33 89th Avenue and 87-50 167th Street, Jamaica, Queens on December 24, 2020.
Latest Stories:
• Zara Realty signs $16.1M refi with Northern Trust for two rentals in Jamaica August 11, 2021
• Zara Realty borrows $27M from Arbor for property in Jamaica March 05, 2021
• Zara Realty borrows $54M from Northern Trust Company for property in Jamaica December 28, 2020