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M

Magnum Real Estate Group

Corporate Owner·3 buildings·43 units
3.6

11 reviews

Highlights

2
Evictions
3
Litigation cases

About Magnum Real Estate Group

Magnum Real Estate Group is a modestly rated but responsible corporate owner. Across their buildings, tenants rate them 3.6/5 across 11 reviews, with 28% recommending their buildings and 28% approving of them as an owner or associate. Their portfolio records 2 evictions, 1 open violation, and 3 litigation cases. Data last updated September 8, 2026. Associated with 3 buildings and 43 units across Manhattan, Magnum Real Estate Group is a corporate owner responsible for a portfolio that spans construction eras from the 1900s to the 1920s, reflecting multiple generations of development. The portfolio spans multiple neighborhoods across Manhattan, specifically in the East Village and Lower East Side. The buildings are primarily mid-rise. About one-third of the associated buildings have rent-stabilized apartments.

Renter recommendations

-%

Renters recommend associated buildings

-%

Renters approve of this owner or associate

Building photos

Review summary

Summarized from anonymous rental reviews on Openigloo.

Tenant reviews for buildings managed by MAGNUM REAL ESTATE GROUP suggest a mixed experience. While some aspects, such as cleanliness, management responsiveness, and pest control, receive praise, significant issues exist regarding heating, garbage management, and noise levels. Many residents report unsafe conditions due to persistent rodent problems and inadequate garbage disposal, leading to dissatisfaction. Complaints about management's responsiveness to maintenance issues and rising rents are common, indicating a need for improved tenant relations. Overall, prospective tenants should weigh the good location and clean facilities against concerns of noise, pests, and management practices.

Reviews

Former tenant·just now

Just moved out

Pros

- management is incredibly responsive and the super is great

Cons

- my bedroom had no vent for heat, feel like they tried to cram as much as possible into the apartment

Advice to the owners

-stop raising rent so much

Former tenant·1 month ago

Good building. Few Units. Simple.

Pros

Decent location, near park. Not too many units and don’t share walls with others. 2 units per floor on opposite sides. Washer/dryer in unit

Cons

Have to go down to 2nd floor for recycle. Fridge broke and was not repaired/replaced for weeks and was a challenge and hassle to get compensation. Washer in unit leaked. Oven was old/didn’t work great

Buildings associated with MAGNUM REAL ESTATE GROUP

  • 63 Clinton St
    Rent-stabilized

    63 Clinton St

    2.3(8)

    Lower East Side

  • 514 East 6 Street
    Good cause

    514 East 6 Street

    4.3(1)

    East Village

  • 349 East 10 Street
    Good cause

    349 East 10 Street

    4.4(2)

    East Village

63 Clinton St
Rent-stabilized

63 Clinton St

2.3(8)

Lower East Side

514 East 6 Street
Good cause

514 East 6 Street

4.3(1)

East Village

349 East 10 Street
Good cause

349 East 10 Street

4.4(2)

East Village

Building ratings

Cleanliness

-

Trash management

-

Pest control

-

Water pressure

-

Heat

-

Neighbors

-

Noise levels

-

Owner responsiveness

-

Cleanliness

-

Trash management

-

Pest control

-

Water pressure

-

Heat

-

Neighbors

-

Noise levels

-

Owner responsiveness

-

Rents and deposits

-

Renters received their security deposits back

-

Electronic rent payments

Open violations

From past 10 years · Updated 5 days ago

Average violations per unit for this owner or associate is better than the city average.

Owner average0.02Violations per unit
NYC average0.81Violations per unit
0Class C
Immediately hazardous

Rodents, pest, mold, inadequate heat or hot water, defective building parts

1Class B
Hazardous

Smoke detector issues, inadequate lighting, no lighting for stairways

0Class A
Non-hazardous

No peephole on a door, no street number on the building, unlawful keeping of animals

0Class I
Missing info

Missing or non-compliant with administrative information orders or filings

FAQs

Magnum Real Estate Group has an average tenant rating of 3.6 out of 5 across 11 reviews.

Buildings managed by Magnum Real Estate Group average 0.02 open violations per unit, fewer than the citywide average of 0.81.

28% of tenants who reviewed buildings managed by Magnum Real Estate Group would recommend living there.

Magnum Real Estate Group owns or manages 3 buildings totalling 43 units.

28% of tenants who reviewed a building managed by Magnum Real Estate Group approve of how it is run.

Magnum Real Estate Group has 2 recorded evictions across their portfolio.

Magnum Real Estate Group has 3 housing court litigation cases across their portfolio.

Magnum Real Estate Group has not appeared on the NYC worst landlords list.

M

Magnum Real Estate Group

Corporate Owner·3 buildings·43 units
3.6

11 reviews

Follow us

For renters

Apartments for rent in NYCRenting tips and resourcesVerified apartment listings in NYCBuildings and owners in NYCOwners in NYCNYC market analysis reports

For landlords

iglooIQListings quality policy

Trending neighborhoods

Apartments in AstoriaApartments in Bedford-StuyvesantApartments in BushwickApartments in ChelseaApartments in Financial DistrictApartments in SohoApartments in Upper East SideApartments in Upper West SideApartments in West VillageApartments in Williamsburg

NYC boroughs

Apartments in BronxApartments in BrooklynApartments in ManhattanApartments in QueensApartments in Staten Island

2-bedroom apartments

2-bedroom apartments in Bronx2-bedroom apartments in Brooklyn2-bedroom apartments in Manhattan2-bedroom apartments in Queens2-bedroom apartments in Staten Island

Support

FAQContact usLive support

Legal

Terms of usePrivacy policyCommunity guidelinesAgency disclosureFair housing disclosureStandard operating procedures
© 2026 Openigloo Inc. All rights reserved.