Monarch Realty Group Reviews

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Monarch Realty Group

Monarch Realty Group, 244 Water St C1, Brooklyn, NY 11201

3.4 20 verified reviews

Monarch Realty Group specializes in managing condos, rentals, and co-ops in the greater NYC area, particularly Brooklyn, and offers a full-service property management approach.

Landlord vs. tenant ratings

Landlord Rating
3.7 / 5
from 11 owners
Tenant Rating
3.0 / 5
from 9 tenants
High confidence · 11 landlord reviews

Landlord Rating reflects how property owners rate this manager; Tenant Rating reflects how renters rate them. Both are 1–5 star ratings built from verified Google & Yelp reviews, weighted toward recent reviews.

Rating breakdown

5 star
14
4 star
0
3 star
0
2 star
0
1 star
15

Based on 29 rated reviews from the last 3 years.

Monarch Realty Group reviews

5.0★Jun 2026

We have had an amazing experience working with Monarch. Mike Malagic has been incredible. He has gone out of his way to be thorough and attentive to all of our issues, and he has provided our building with a tremendous amount of guidance and advice. I am so grateful to him and his team!

5.0★Apr 2026

Mike Malagic has definitely improved from the first time I have encountered him. He was able to learn the system, Domecile which was a struggle at the beginning. Mike is now very customer committed. He was able to help me finish our application for a new tenant and get it submitted to the board quickly. I was impressed with him this time around! Thank you Mike!

5.0★Apr 2026

In my experience, Monarch has demonstrated strong building management practices, providing clear communication and maintaining the property to a high standard. I’ve been consistently impressed with their professionalism and quality of service.

5.0★Mar 2026

Lovely Service! Our kids feel so safe to have them manage our Coop.

5.0★Mar 2026

This team is wonderful. We are so happy with their service. Ben is extremely helpful!!

1.0★Dec 2025

It is truly shocking how poorly this company manages a co-op. From consistently inadequate communication to a clear lack of understanding of building operations and vendor management, their performance has been deeply disappointing. Even basic budgeting has been mishandled, leading to unnecessary issues for shareholders. If you are considering hiring this company to manage your building, please feel free to contact me for more details. My honest advice: stay far away.

1.0★Nov 2025

It is truly impressive just how absolutely incompetent and consistently uncaring an organization can be from top to bottom. Monarch are the industry leaders in ignored emails, passing the buck, playing dumb, gaslighting, and taking your money for jobs not done. I wouldn't trust these fools to run a lemonade stand, let alone a real estate management company. Our building is finally moving on from them and I say, "Good Riddance!" If there were any justice in this world, Monarch would go out of business for services not rendered.

5.0★Aug 2025

I’ve been a condo owner in New York City for over 20 years, and I can say Monarch stands out as one of the good management companies. Some people don’t always understand how real estate really works and unfortunately direct their frustration at management, even when the real issues come from the developer. The truth is, management often becomes the easy target even though they are the ones trying to solve problems and support the residents. From my experience, the team at Monarch is responsive, professional, and genuinely helpful. They take on difficult situations with patience and real effor…

1.0★Apr 2025

The worst Managment company I ever dealt with. Worst costumer service ever, not just the employees but also the owner of the company. If you have the smallest issue, you ares done. They can’t even coordinate with a super to come take a look at your brand new property. I mean they provide absolutely zero value. Unfortunately I have to deal with them in 5 properties and all suck. What they are good at, is killing time and sending fluffy emails. Stay away from this group. All of my tenants hate them too. Stay away! There is so many amazing managment companies out there that would make your life s…

1.0★Nov 2024

I cannot emphasize enough how frustrating and costly our experience with this management company has been. They are completely unorganized and lack transparency in every aspect of their operations. Residents were regularly charged for services without any board approval, and the financial reporting they provided was far from accurate—often riddled with discrepancies that raised serious red flags. One glaring example of their fraudulent practices was a fabricated line item of $50,000 for supposed electrical repairs. To our knowledge, little to no work was actually done, and attempts to get any…

1.0★Jul 2024

i’ve dealt with really bad and scammy property management companies in new york, but monarch is by far the worst. they have been managing our new building for 3 years, and they didn’t just do the bare minimum, they led to the deterioration of almost every aspect of the building due to their neglect to manage the property, even though we collectively pay tens of thousands a month. we have just transitioned to another company and have found out that monarch didn’t pay internet bills for a FULL YEAR, leading to our intercom system going down. the only treadmill in our gym in a “luxury building”…