Besen & Associates is one of the first New York-based investment sales brokerages and remains one of the foremost, with annual sales reaching $1 billion.
In recognition of the growing demand for investment properties and a positive long-term view of the market, the firm was launched in 1988 under adverse market conditions and has continued to thrive throughout several economic cycles. Serving the New York metropolitan area, the brokerage is consistently ranked a leader in transaction volume. Sales transactions of all sizes are served with consistent attention to detail, ranging anywhere from $1 to $300 million. Our time in market provides for extensive relationships among investors, lenders and attorneys. Having sold commercial real estate throughout New York City and the surrounding metropolitan area, Besen & Associates offers in-depth local market knowledge.
With annual sales over $1 billion, the firm handles the disposition of all commercial real estate asset classes, including:
- Retail Condominiums
- Shopping/Strip Centers
- Air Rights
- Loft Buildings
Besen & Associates has approximately 35 investment sales professionals, many of whom are industry veterans with the perspective and experience to guide clients through the complexities of any transaction. The firm employs a team of investment analysts, who carefully review and present all pertinent financials of each transaction being marketed to effectively position the asset to prospective investors.
With a high level of financial acumen, our team of investment analysts provides the critical upfront thinking to make valuation and pricing recommendations, including comparable market studies, cash flow analyses, internal rate of return projections, operating statements, and development scenarios. Comprehensive offering memorandums and due diligence packages are prepared to ensure complete and accurate information is disclosed to prospective investors.
The property is brought to market with a strategy customized to client objectives, from that of a highly targeted campaign to a mass market approach. The listing broker is the key contact who leads the marketing process, and the entire investment sales force works as a team on the transaction. Prospective purchasers are carefully qualified, and our brokerage professionals guide all parties through every phase of each transaction, from consideration to closing.