Shamah Properties

Providing Investments in Multi-Family Housing

Third Generation Partner: Eddie Setton

Third Generation Partner: Eddie Setton

Back in 1980, Joseph A. Shamah purchased his first property on East 29th Street in Brooklyn. "Mr. Shamco," as he was affectionately known by tenants, would often visit the buildings on week days and weekends attending to tenant issues and building wide projects.

My grandfather was a caring individual who would do anything he could to maintain and improve the quality of life for his tenants, said Eddie Setton, who now leads a third generation of managers at the multi-family real estate investment firm Shamah Properties and its in-house management company, Shamco Management where he is a Managing Partner, along with his uncle CEO Alan Shamah and Managing Partner Carl Zekaria.

Today the family company currently owns and manages some 30 buildings with some 1,700 rental units in Brooklyn neighborhoods like Flatbush, Crown Heights and Prospect Heights and New Jersey.