Louis Malone
(Louis A. Malone)
Scharfman Organization
Owner
111 North Central Park Ave Suite 400 Hartsdale, NY 10530
Scharfman Organization NYC portfolio
$1.2 billion -elevator 55%, walkup 41%, mixed-use 2%; Manhattan 89%, Brooklyn 9%, Queens 1%*
190th largest portfolio by dollar value
2,833,473 sqft – elevator 68%, walkup 30%, mixed-use 1%; Manhattan 85%, Brooklyn 12%, Queens 1%
167th largest by SF
129 properties – Manhattan 90%, Brooklyn 6%, Queens 2%
43th largest
3,603 residential units – Manhattan 87%, Brooklyn 11%, Queens 1%
80th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Other Links:
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=RXX/UUcWLqwZlmv_PLUS_v8443g==
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=oqGwSfOgTGbMTa9oWE3YmA==
Notes
Louis Malone is identified as partner on properties owned by Mark Scharfman’s Scharfman Organization.
Person Activity past 24 months:
Seller signatory: 1 for $16.9 million
Top Ten Associated Companies:
JPMorgan Chase (2), First Republic Bank (1), New York Community Bank (1), Joellen E. Ahmuty (1), Apple Bank for Savings (1), Two80 Real Estate Ventures (1)
Top Ten Associated People:
Ursula Flores (2), Joellen E. Ahmuty (1), Cynthia Wang (1), Jesse Deutch (1), John P. Pantanelli (1)
Recent activity as signatory:
• Scharfman Organization sold 1 Arden Street for $16.9 million to Two80 Real Estate Ventures on December 02, 2025.
• Louis Malone borrowed $5 million from JPMorgan Chase for 570 Pacific Street on May 06, 2022.
• Louis Malone borrowed $6 million from JPMorgan Chase for 1551 Williamsbridge Road on May 06, 2022.
• Joellen E. Ahmuty sold 204 East 38 Street for $2.5 million to Louis Malone on March 16, 2022.
• Louis Malone borrowed $7.4 million from Apple Bank for Savings for 2199 Broadway on February 08, 2022.
• Louis A. Malone borrowed $8.7 million from New York Community Bank for 115 East 7 Street on October 25, 2020.
• Mark Scharfman borrowed $7.4 million from First Republic Bank for 1 Arden Street on June 22, 2020.
Latest Stories:
• $8.7M New York Community loan for 45-unit property in East Village (January 03, 2021)
