Abro Management
58 S Tyson Ave Floral Park, NY 11001
734 West Broadway Woodmere, NY 11598
People:
Abro Management NYC portfolio
$634.8 million -elevator 85%, walkup 7%, condo 6%; Manhattan 75%, Queens 13%, Brooklyn 8%*
348th largest portfolio by dollar value
2,672,555 sqft – elevator 90%, walkup 5%, condo 4%; Manhattan 62%, Queens 20%, Brooklyn 9%
170th largest by SF
47 properties – Manhattan 72%, Queens 16%, Brooklyn 8%
183th largest
2,706 residential units – Manhattan 63%, Queens 20%, Brooklyn 9%
104th largest by residential units
Company Activity past 24 months:
Seller company: 6 for $50.3 million
Borrower company: 4 for $84 million
Top Ten Associated Companies:
New York Community Bank (7), JPMorgan Chase (5), Northfield Bank (3), Ladder Capital (1), Hesham Hamod Alsaedi (1), Adeeb Saeidi (1), Simkho Aranbayev (1), Ioannis Likidis (1), Morgan Stanley (1), Sabet Group (1)
Top Ten Associated People:
Alan L. Kaufman (3), William G. Krejci (3), Ursula Flores (2), Jennifer Smith (2), David Traitel (1), Hesham Alsaedi (1), Simkho Aranbayev (1), Ioannis Likidis (1), Alfred Sabetfard (1), Muhammed Sultan Andha (1)
Recent activity as company:
• Abro Management sold 22-55 31st Street and N/A 31st Street, Ditmars Steinway, Queens for $10 million to Ioannis Likidis on February 12, 2026.
• Abro Management borrowed $13.3 million from JPMorgan Chase for 109-10 Queens Boulevard on September 05, 2025.
• Abro Management borrowed $7.2 million from JPMorgan Chase for 111-09 76 Road on September 05, 2025.
• Abro Management sold 542 Academy Street for $4.1 million to Hesham Hamod Alsaedi and Adeeb Saeidi on July 16, 2025.
• Abro Management borrowed $58 million from Ladder Capital for 237 East 6 Street on May 29, 2025.
• Abro Management sold 2485 Creston Avenue for $7.1 million to Raymond Chakkalo on January 07, 2025.
• Abro Management sold 142 East 17 Street for $16.3 million to Sabet Group on December 12, 2024.
• Abro Management sold 86 East 167 Street for $7.6 million to Simkho Aranbayev on September 26, 2024.
• Abro Management sold 599 Academy Street for $5.2 million to MSA Investments on July 02, 2024.
• Abro Management borrowed $5.5 million from JPMorgan Chase for 507 Columbus Avenue on April 04, 2024.
Latest Stories:
• Abro signs $58M refi with Ladder for rentals in East Village, Kips Bay (June 12, 2025)
• Raymond Chakkalo pays $7.1M to Abro Management for retail in Fordham Manor (January 16, 2025)
• Sabet Group pays $16.3M to Abro for 44-unit rental in Gramercy (December 16, 2024)
• Simkho Aranbayev pays $7.6M to Abro Management for retail in Concourse (October 25, 2024)
• MSA Investments pays $5.2M to Abro Management for retail in Inwood (July 30, 2024)
• Investors pay $6.3M to Abro Management for retail in Unionport (June 01, 2023)
Properties: