Manouchehr Malekan

Owner

Manouchehr Malekan portfolio

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

$42.9 million – mixed-use 32%, retail 22%; Queens 65%, Manhattan 34%

1033th largest portfolio by dollar value

242,798 sqft – elevator 28%, mixed-use 22%;

1015th largest by SF

25 properties – Queens 80%, Manhattan 20%

132th largest

113 residential units – Queens 79%, Manhattan 20%

685th largest by residential units

0 foreclosures, 0 bankruptcies, 5 other court cases.

Person Activity past 24 months:

Buyer signatory: 4 for $11.9 million

Seller signatory: 1 for $2.5 million

Borrower signatory: 3 for $25.5 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Charles Ingber (2), Flushing Bank (2), Evelyn Falick (1), Louis J. Marcari (1), Tavros Capital (1), Flagstar Bank (1), Signature Bank (1), Kamel S. Bahary (1), Matthew Wert (1)

Top Ten Associated People:

Charles Ingber (2), Corinne M. Mullen (2), Evelyn Falick (1), Louis J. Marcari (1), Nicholas Silvers (1), John Feijoo (1), Kamel S. Bahary (1), Matthew Wert (1)

Recent activity as signatory:

• Manouchehr Malekan sold 475 Greenwich Street, Tribeca, Manhattan for $2.5 million to Matthew Wert on December 11, 2024.

• Manouchehr Malekan borrowed $5.7 million from Flushing Bank for 72-07 Austin Street, Forest Hills, Queens on October 22, 2024.

• Manouchehr Malekan borrowed $6.8 million from Flushing Bank for 102-18 Roosevelt Avenue and 102-30 Roosevelt Avenue, Corona, Queens on October 15, 2024.

• Manouchehr Malekan borrowed $13 million from Flagstar Bank for 253 Broadway, Financial District, Manhattan on March 22, 2024.

• Tavros Capital sold 362-364 West 15th Street, Chelsea, Manhattan for $2.1 million to Manouchehr Malekan on January 09, 2024.

• Louis J. Marcari sold 95-06 Roosevelt Avenue and 40-09 95th Street, Elmhurst, Queens for $4.3 million to Manouchehr Malekan on June 16, 2023.

• Charles Ingber sold 40-25 97th Street and 40-37 97th Street, Corona, Queens for $3 million to Manouchehr Malekan on April 07, 2023.

• Charles Ingber sold 40-50 Junction Boulevard, Elmhurst, Queens for $2.5 million to Manouchehr Malekan on April 07, 2023.

• Evelyn Falick sold 5 Chatham Square, Chinatown, Manhattan for $3.9 million to Manouchehr Malekan on June 09, 2022.

• Kamel S. Bahary sold 210-01 Horace Harding Expwy, Bayside, Queens for $4.5 million to Manouchehr Malekan on February 17, 2022.

Litigation:

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Properties:

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