Nilesh S. Shah
Owner
Nilesh S. Shah NYC portfolio
$12.7 million -elevator 100%; Manhattan 100%*
4326th largest portfolio by dollar value
23,568 sqft – elevator 100%; Manhattan 100%
4691th largest by SF
41 residential units – Manhattan 100%
2879th largest by residential units
Top Ten Associated Companies:
First National Bank of Long Island (3), Sterling National Bank (2), Madison Realty Capital (1), Abington Properties (1)
Top Ten Associated People:
Jane F. Reed (1), David Speiser (1), Mark D. Kalimian (1)
Recent activity as signatory:
• Monarch Realty Holdings borrowed $11.5 million from First National Bank of Long Island for 188 Claremont Avenue on April 11, 2022.
• Madison Realty Capital sold 134-35 Springfield Boulevard for $6.8 million to Monarch Realty Holdings on December 20, 2021.
• Monarch Realty Holdings borrowed $5.1 million from First National Bank of Long Island for 134-35 Springfield Boulevard on December 20, 2021.
• Monarch Realty Holdings borrowed $8.2 million from Sterling National Bank for 3141 Broadway on November 30, 2021.
• Monarch Realty Holdings borrowed $18 million from Sterling National Bank for 49 Tiemann Place on November 30, 2021.
• Nilesh S. Shah borrowed $9.5 million from First National Bank of Long Island for 425 East 80 Street on October 29, 2021.
• Abington Properties sold 425 East 80 Street for $12.7 million to Nilesh S. Shah on October 29, 2021.
Latest Stories:
• Monarch Realty signs $11.5M refi for 3 walkups in Morningside Heights (May 09, 2022)
• Monarch Realty pays $6.8M to Madison Realty Capital for school in Laurelton (January 10, 2022)
• Madison Realty Capital leases building for public school in Laurelton (April 02, 2020)