Metropolitan Realty Associates

Metropolitan Realty Associates LLC (MRA), established in 2001 by CEO Joseph Farkas, is a fully integrated private real estate investment firm based in New York City. MRA specializes in value-add and adaptive reuse investments, focusing on commercial real estate opportunities that offer significant capital appreciation through redevelopment and active asset management. The firm partners with institutional investors and high-net-worth individuals to create value for both investors and tenants in the New York metropolitan area.

Employing a hands-on approach, MRA seeks out properties with the potential for substantial capital appreciation. By efficiently completing projects, the firm aims to deliver first-class environments for tenants while maintaining a competitive edge in the marketplace. MRA's strategy includes identifying commercial real estate investment opportunities that allow for significant capital appreciation through redevelopment and active asset management.

MRA's portfolio includes notable properties such as 81 Spence Street in Bay Shore, NY, a 128,600 square-foot industrial facility leased to Duro Dyne National Corp. The lease extension with Duro Dyne National Corp. at 81 Spence Street demonstrates MRA's commitment to long-term value creation and tenant satisfaction. The firm's integrated approach focuses on tenant representation, leasing programs, space planning, lease negotiations, and more, ensuring that clients receive personalized analysis and guidance for their real estate requirements.