Farzad Shahery

(Frank Shahery)

Monarch Realty Holdings

Owner

111 Great Neck Road, Suite 514 Great Neck, NY 11021

9401 Wilshire Boulevard, Suite 575 Beverly Hills, CA 90212

45 North Station Plaza, Suite 400 Great Neck, New York 11021

Monarch Realty Holdings NYC portfolio

$90.6 million* – walkup 50%, elevator 26%; Manhattan 76%, Brooklyn 15%

1302th largest portfolio by dollar value

185,530 sqft – walkup 48%, elevator 31%;

1317th largest by SF

10 properties – Manhattan 70%, Brooklyn 20%

880th largest

206 residential units – Manhattan 100%, Bronx 0%

904th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $11.3 million

Seller signatory: 5 for $10.9 million

Borrower signatory: 2 for $12.5 million

Top Ten Associated Companies:

Arbor Realty Trust (5), New York Community Bank (1), First National Bank of Long Island (1), JAM Real Estate Partners (1), Webster Bank (1), First Republic Bank (1), Hesky Haim (1), Continental Equities Group (1)

Top Ten Associated People:

Thomas L. Montemage (5), Jane F. Reed (1), Jared Pinchasick (1), Olga Bogrova (1), Isaac Saidmehr (1)

Recent activity as signatory:

• Monarch Realty Holdings sold 1048 Sheridan Avenue, Concourse Village, Bronx for $1.7 million to Arbor Realty Trust on January 06, 2025.

• Monarch Realty Holdings sold 1052 Sheridan Avenue, Concourse Village, Bronx for $1.7 million to Arbor Realty Trust on January 03, 2025.

• Monarch Realty Holdings sold 1056 Sheridan Avenue, Concourse Village, Bronx for $1.9 million to Arbor Realty Trust on January 03, 2025.

• Monarch Realty Holdings sold 1064 Sheridan Avenue, Concourse Village, Bronx for $2.1 million to Arbor Realty Trust on January 02, 2025.

• Monarch Realty Holdings sold 1060 Sheridan Avenue, Concourse Village, Bronx for $3.5 million to Arbor Realty Trust on January 02, 2025.

• Farzad Shahery borrowed $6.8 million from First Republic Bank for 2 St Nicholas Terrace and 4 St Nicholas Terrace, Harlem, Manhattan on April 12, 2023.

• Monarch Realty Holdings borrowed $5.7 million from First National Bank of Long Island for 340 Livingston Street, Boerum Hill, Brooklyn on April 04, 2023.

• Hesky Haim and Continental Equities Group sold 340 Livingston Street, Boerum Hill, Brooklyn for $11.3 million to Monarch Realty Holdings on April 04, 2023.

• Monarch Realty Holdings borrowed $5.3 million from Webster Bank for 427 East 80th Street, Yorkville, Manhattan on November 16, 2022.

• JAM Real Estate Partners sold 427 East 80th Street, Yorkville, Manhattan for $8.9 million to Monarch Realty Holdings on November 16, 2022.