Paramount Assets is a family-owned urban real estate investment firm that embraces a holistic, vertically-integrated approach to real estate development and client services.
When you work with Paramount Assets, you get more than just a landlord. You get a full service real estate company that repurposes, reconstructs, and renovates vacant properties to meet your specific needs. We stay engaged every step of the way, from your initial consultation with our staff through construction to the delivery of your built-out space.
Whether you’re looking for renting or leasing of commercial, residential, retail, office or warehouse space, or a distribution center, you’ll benefit from our experience.
Paramount Assets got its beginning in 1978, when our founder, Solomon Levy, purchased six abandoned storefronts in Far Rockaway, New York and converted them into affordable apartments for the community. Over the next two decades, Solomon’s sons, Ronnie and Maurice, joined the management team and Paramount acquired more properties in New York. In 2002, we moved to Elizabeth, New Jersey and began investing in urban centers in Perth Amboy, Plainfield, Paterson, Orange, Irvington, Elizabeth, and Newark.
Today, Paramount Assets has more than 50 employees and a 95 percent occupancy rate across all of its properties in the tristate area. At heart, we’re still the same family-owned business that we were nearly 40 years ago. We still own those same apartments in Rockaway that Solomon Levy bought in 1978, and we still take excellent care of the people who live and work in our buildings.
We’re passionate about urban real estate and affordable housing—and we’re even more passionate about helping to bring you closer to your customers.
Our experienced professionals will guide you every step of the way to ensure you have the best possible experience. Together, we can help improve and revitalize the urban communities in which we live and work.