Amit Doshi
Job Title:
Executive Director
Phone:
(212) 951-8401
Email:
Amit Doshi joined Besen & Associates in 1989, shortly after its inception, and is consistently the firm’s top producer. Throughout Mr. Doshi’s career in investment real estate sales, he has sold over 500 properties with an aggregate value in excess of $2 billion. He has been named a “Power Broker” for three years running by CoStar Research, in recognition of being one of New York City’s Top 10 Brokers in sales transaction volume.
Mr. Doshi quickly earned name recognition for himself and the firm. In the past five years, Mr. Doshi has achieved an average of 36 deals per year, including 57 deals in 2005 (over one deal per week on average). In 2007, he set the mark even higher, by selling 108 buildings, including a large apartment building portfolio in the boroughs for $295,000,000. From multifamily properties to land assemblages, he has gained a strong foothold by mastering the unique problems associated with vagaries of rent stabilization or zoning issues. Mr. Doshi spearheaded disposition of many foreclosed properties and underperforming loans during the 1990’s banking and real estate crisis for institutions such as Federal Home Loan Mortgage Corporation, Resolution Trust Corporation and many leading banks and private lenders. He has more recently sold a number of non-performing loans for several financial institutions, and has been involved in the disposition of distressed assets worth over $250 million in aggregate.
Mr. Doshi received his B.S. in Engineering from State University of New York at Stony Brook. He is fluent in Hindi. He is an active supporter of a number of charitable causes, including: Share & Care Foundation, Children’s Hope, Carnegie Hall Real Estate Council, JAINA, various medical causes for children, as well as women empowerment issues. Mr. Doshi is a member of REBNY and Bronx-Manhattan North Association of Realtors (BMAR).
Selected transactions include:
Bronx Multifamily Portfolio
51 buildings with 3,610 apartments and 80 stores
$295,000,000
The Avalon Hotel (16 East 32nd Street)
100-room hotel
$35,000,000
Northern Manhattan Portfolio
7 buildings with 283 apartments and 7 stores
$34,000,000
Non-performing loan sale
First mortgage secured by 260-unit apartment building
$17,100,000
361 Seventh Avenue, New York, NY
84,000 s.f. office building
166 West 75th Street, New York, NY
81,000 s.f. elevator former SRO hotel building for residential conversion
$32,000,000
485 Fifth Avenue, New York, NY
200,000 s.f. office building for hotel conversion
$88,000,000
7-9 East 32nd Street, New York, NY
Elevator multifamily building with 76 apartments
$20,250,000
144-25 Roosevelt Avenue, Flushing
Elevator multifamily building with 161 apartments & 40 parking spaces
$18,700,000
1604-1612 Third Avenue, New York, NY
Land assemblage for development of Metropolitan Condominium
31, 33, 35 West 56th Street, New York, NY
Assemblage of three buildings & air rights for development of Centurion condominium
$30,000,000
170, 172, 174, 178 Thompson Street, New York, NY
Four walkup buildings with 91 apartments & 2 stores
$20,500,000