Mar Mar Realty
30-05 Whitestone Expressway, Flushing, NY 11354
People:
Mar Mar Realty NYC portfolio
$33 million -P6 100%; Queens 100%*
2791th largest portfolio by dollar value
37,520 sqft – P6 100%; Queens 100%
4002th largest by SF
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:
Urban Realty Partners (1), Cerco Funding (1)
Top Ten Associated People:
Shelly Listokin (1), Franz F. Cervinka (1)
Recent activity as company:
• Mar Mar Realty sold 30-05 Farrington Street, N/A Farrington Street, and N/A Linden Place, Flushing, Queens for $45 million to Urban Realty Partners on June 18, 2026.
• Urban Realty Partners and Mar Mar Realty borrowed $37.1 million from Cerco Funding for 30-05 Farrington Street, N/A Farrington Street, and N/A Linden Place, Flushing, Queens on June 18, 2026.
Latest Stories:
• Whitestone Lanes’; owner proposes 347-unit mixed-use development in Flushing (October 14, 2022)
Properties: