Manocherian Brothers
Manocherian Brothers NYC portfolio
$926.6 million* – elevator 87%, walkup 8%; Manhattan 100%, Bronx 0%
183th largest portfolio by dollar value
1,961,310 sqft – elevator 92%, walkup 6%;
163th largest by SF
59 properties – Manhattan 100%, Bronx 0%
152th largest
2,091 residential units – Manhattan 100%, Bronx 0%
98th largest by residential units
Top Ten Associated Companies:
Apple Bank for Savings (3), Delshah Capital (2), Signature Bank (1), Bank of New York Mellon (1), 402 Realty Company (1)
Top Ten Associated People:
Cynthia Wang (3), Michael Shah (2), Zachary Bermudez (1), Marvin Lerman (1)
Recent activity as company:
• Manocherian Brothers borrowed $8.5 million from Signature Bank for 1356 1st Avenue, 1356 1st Avenue, 1356 1st Avenue, 1356 1st Avenue, 1356 1st Avenue, and others, Lenox Hill, Manhattan on August 12, 2022.
• Delshah Capital sold 1356 1st Avenue, 1356 1st Avenue, 1356 1st Avenue, 1356 1st Avenue, 1356 1st Avenue, and others, Lenox Hill, Manhattan for $9 million to Manocherian Brothers and Aria Development Group on August 12, 2022.
• Delshah Capital sold 1356 1st Avenue, Lenox Hill, Manhattan for $4 million to Manocherian Brothers and Aria Development Group on August 12, 2022.
• Manocherian Brothers borrowed $10.5 million from Apple Bank for Savings for 235 East 46th Street and 241 East 46th Street, Midtown East, Manhattan on June 15, 2022.
• Manocherian Brothers borrowed $5.3 million from Apple Bank for Savings for 191 East 76th Street, Lenox Hill, Manhattan on June 15, 2022.
• Manocherian Brothers borrowed $5.1 million from Apple Bank for Savings for 238 East 36th Stree, Murray Hill, Manhattan on June 15, 2022.
• 402 Realty Company sold 402 East 73rd Street, the Upper East Side, Manhattan for $2.8 million to Manocherian Brothers on November 13, 2020.
• Manocherian Brothers borrowed $65 million from Bank of New York Mellon for 1306 1st Avenue, Lenox Hill, Manhattan on September 10, 2019.
Properties: