Business Details
45 Years
experience
Emergency
services
Trusted Property Management for NYC Co-Ops & Condos
All Area Realty Services has been a trusted leader in New York City's property management sector for over four decades. Our dedicated team specializes in full-service management for co-operative and condominium boards, prioritizing asset protection and maximum return on investment. With a proven track record of managing 89 buildings and 7,900 apartments, we combine specialized expertise with comprehensive resources to deliver exceptional results. Our multi-faceted approach includes 24/7 emergency support, rigorous compliance monitoring, and customized management contracts tailored to each building's unique needs. The company's leadership team brings decades of combined experience in real estate operations, while our accounting department ensures financial transparency through automated systems and timely reporting.Compliance specialists maintain strict adherence to local laws and building codes, supported by detailed documentation and proactive maintenance planning. Legal professionals handle contractual matters and owner arrears with precision, while emergency management teams respond promptly to critical situations. This holistic approach, combining technical expertise with personalized service, has established All Area as a premier choice for property management in Manhattan and surrounding areas.
Services
Property Management
Brokerage Services
Accounting Oversight
Compliance Monitoring
Emergency Response
Legal Support
Financial Reporting
Details
- Year established: 1981
Highlights and features
- 42 years of specialized property management experience in NYC
- 24/7 emergency response system with live personnel
- Customized management contracts for various building needs
- Comprehensive compliance monitoring with local law codes
- Integrated financial systems with automated payment processing
Services
Property Management
Full-service property management for NYC co-ops and condos includes daily operations, budget preparation, staff management, and maintenance coordination. Our team ensures regulatory compliance while maximizing property value through proactive maintenance and financial oversight. Services range from 5-day onsite management to bi-monthly visits with optional onsite offices for enhanced communication.
Brokerage Services
Licensed real estate agents provide comprehensive brokerage services including sales, rentals, and leasing. We offer MLS marketing, document preparation, and background checks with 48-hour package processing guarantees. Our conference rooms accommodate multiple closings simultaneously, with notary services and offsite closing options available.
Compliance Monitoring
Specialized compliance team manages critical systems including boilers, elevators, and fire safety equipment. We ensure adherence to local laws (LL11, LL84-87) through regular testing, documentation, and reporting. Monthly compliance reports are provided to building boards with emergency response protocols for mechanical failures and safety violations.
Emergency Response
24-hour emergency system staffed by live personnel handles all critical situations. Tier 1 management responds to duplicate emergencies with severity assessment protocols. Contact information is prominently displayed in building lobbies and owner statements for immediate access to emergency services.
Accounting Oversight
Integrated accounting department manages receivables, payables, and monthly statements through automated systems. We process payments via lockboxes and online platforms while maintaining compliance with financial regulations. Monthly owner statements include detailed billing information with legal department collaboration for arrears management.
People
Eleni Magoulas
COO
Overseeing daily operations with 25+ years of property management experience. Eleni ensures efficient implementation of management strategies across all properties while maintaining high service standards.
Tasos Magoulas
CEO
Leading strategic direction with extensive real estate expertise. Tasos has driven company growth since founding, focusing on innovative management solutions and long-term client relationships.
Gary Andriotis
Executive Vice President
Managing complex property portfolios with 30+ years in NYC real estate. Gary specializes in financial strategy development and emergency management protocols implementation.
Questions
What areas do you service?
We specialize in Manhattan properties with additional coverage throughout New York City.
Do you offer 24/7 emergency support?
Yes, our emergency response team operates 24 hours a day, 7 days a week.
What payment methods are accepted?
We accept credit card payments for all managed properties through our secure system.
How are compliance issues handled?
Our compliance team monitors local law requirements and maintains all necessary certifications for building systems.
What management contract options exist?
We offer flexible contracts from daily onsite management to bi-monthly visits with customizable office setups.
