Mar Mar Realty
30-05 Whitestone Expressway, Flushing, NY 11354
People:
Mar Mar Realty NYC portfolio
$754,000 -industrial 100%; Queens 100%*
7863th largest portfolio by dollar value
Notes
Mar Mar Realty is the Macaluso family’s property ownership vehicle. Mar Mar Realty LLC was created in 1998.
Company Activity past 24 months:
Seller company: 1 for $45 million
Borrower company: 1 for $37.1 million
Top Ten Associated Companies:
Cerco Funding (1), Urban Realty Partners (1)
Top Ten Associated People:
Franz F. Cervinka (1), Shelly Listokin (1)
Recent activity as company:
• Urban Realty Partners and Mar Mar Realty borrowed $37.1 million from Cerco Funding for None on June 18, 2026.
• Mar Mar Realty sold None for $45 million to Urban Realty Partners on June 18, 2026.
Latest Stories:
• Urban Realty Partners pays $45M for 415-unit dev site in Flushing (July 01, 2026)
• Whitestone Lanes’; owner proposes 347-unit mixed-use development in Flushing (October 14, 2022)
Properties:
