SMA Equities

- 185 Great Neck Rd #250, Great Neck, NY 11021

For New Yorkers navigating the complex and competitive real estate market, selecting the right partner is crucial. Whether you're looking to rent, buy, or invest, the reputation and reliability of a real estate agency can significantly impact your experience. In the Great Neck area of Long Island, one name that may come up is SMA Equities. Established as a New York-based real estate firm, SMA Equities invests in and manages a wide range of properties, including multi-family, retail, office, and mixed-use spaces. The company has been active in the real estate sector for many years, with a focus on investment, development, and property operations, particularly within the greater New York metropolitan area. Their strategy often involves acquiring underperforming properties and revitalizing them through financial restructuring and management improvements. The firm's stated goal is to create value for its investors and maintain high standards of service for its tenants. However, it's important for prospective clients and tenants to consider all available information, including direct feedback from those who have interacted with the company on a personal level.

In a market as intense as New York's, where a person’s home is a central part of their life, the relationship between a tenant and their landlord or a client and their real estate agency is paramount. SMA Equities operates within this environment, managing a portfolio that includes assets comprising over 5 million square feet of space across the country, with a large concentration in New York. The company’s leadership team, as noted in public profiles, includes CEO Samy Mahfar, who has a long history in the family’s real estate business dating back to the 1980s. He is joined by key figures such as Controller Paul Dzigas and Director of Leasing Jeanette Colaianni. This team structure is intended to oversee the firm’s various operations, from development to daily management. While the company outlines a comprehensive strategy for real estate investment and development on its public-facing platforms, the day-to-day experience for tenants can be a different matter, and it is here that public reviews and personal accounts provide invaluable context for a local New Yorker considering doing business with them.

SMA Equities is physically located at 185 Great Neck Rd #250, Great Neck, NY 11021, USA. This office location places them in a central and accessible area for residents and clients on Long Island. For those in Great Neck and surrounding Nassau County, the address is straightforward to find, serving as a hub for their operational and administrative activities. While the provided information does not detail specific accessibility features such as a wheelchair-accessible entrance or parking, their presence in a modern office building suggests a professional and standard setup. The convenience of their location is a point of consideration for anyone who prefers in-person meetings for handling leases, payments, or other real estate-related matters. It allows for direct communication and the ability to address issues face-to-face. However, as is often the case with real estate firms, many interactions are now handled remotely, making the quality of their phone and online communication equally, if not more, important.

Their contact information, (516) 487-5690, is a primary channel for communication. For residents of New York, this local area code provides a sense of proximity and direct access to their team. It's a number that people can call to inquire about rental properties, discuss a lease, or address any concerns. The mobile number, +1 516-487-5690, serves a similar purpose, offering an alternative for direct contact. These details are essential for local users who rely on quick and efficient communication, especially in a city where fast-paced living demands responsive and reliable service providers. The physical and virtual presence of SMA Equities are the two main points of contact for anyone looking to engage with their services, and for New York locals, knowing where and how to reach a business is a fundamental part of making a decision about who to work with.

Services Offered:

• Real estate agency services
• Real estate investment
• Property development
• Property management
• Leasing of residential and commercial units

Features / Highlights:

• Specialization in multi-family, retail, office, and mixed-use properties.
• Focus on acquiring and redeveloping underperforming properties.
• A New York-based real estate firm with a portfolio in the metropolitan area.
• Led by a team with significant experience in real estate investment and development.
• In-house leasing and management for their properties.
• Involvement in legal proceedings and tenant-landlord relations.

Contact Information:

Address: 185 Great Neck Rd #250, Great Neck, NY 11021, USA

Phone: (516) 487-5690

Mobile Phone: +1 516-487-5690

What is worth choosing?

When it comes to choosing a real estate partner, especially a landlord, direct experiences from other New Yorkers are invaluable. Public reviews offer a candid look at a company's day-to-day operations and customer service. In the case of SMA Equities, several public reviews raise significant concerns that prospective tenants and clients should be aware of. One review repeatedly advises people to "avoid this company at all costs, and never set up automatic payments with them." The user's account details a troubling experience with unauthorized withdrawals of "significantly higher" and "more than double" the rent amount from their account. They describe the company as "unapologetic" and slow to return the funds, taking nearly ten days to send a check. This type of experience speaks directly to issues of trust, financial security, and accountability, which are non-negotiable for New Yorkers in a real estate transaction.

Another review from a tenant with extensive experience dealing with landlords in New York states that none have "matched the ignorance, arrogance, and lack of service-mindedness displayed by this company." This review names specific individuals, including CEO Samy Mahfar and accountants Paul Dzigas and Alex Fernandez, alleging that they failed to take responsibility for unauthorized financial transactions. The reviewer notes that while the firm's leadership appears to have a poor reputation, Jeanette Colaianni is highlighted as the "only responsible and trustworthy person in the company." This distinction is a critical piece of information for anyone considering working with them, as it points to potential issues with the company's overall operational culture. The core of these negative reviews centers on a perceived lack of accountability and a disregard for tenant well-being, particularly in financial matters. The analogy of "giving your bank account number and PIN to a stranger" powerfully encapsulates the level of distrust and frustration. For New York residents, where property is a high-stakes arena, these accounts of financial misconduct and poor service are significant red flags that should be carefully weighed. While a business may have a professional online presence and a comprehensive list of services, the real-world experience of its customers is often the most accurate indicator of its quality and reliability.

SMA Equities

185 Great Neck Rd #250, Great Neck, NY 11021, USA