Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 18 West 127th Street New York, NY 10027 (the “Property) 4-story 5,033± SF multifamily building built on a 1,873± SF lot. Zoned R7-2 with approved renovation plans for all 4 units. There is 2,397± SF of unused FAR. 4 blocks from the Metro-North 125th Street Train station and 5 blocks to the 125th Street [4, 5, 6] subway station. Delivered Vacant.
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Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 65 Carmine Street, New York, NY 10014. Nestled in the heart of Manhattan’s coveted Greenwich Village, the property is a charming pre-war walk-up building that offers classic New York City living. Built in 1910, this five-story 8,350± SF rental building comprises 14 apartments and 1 commercial unit, blending historic character with contemporary updates. Zoned C2-6, the property is built on an irregular 1,670± SF block-through lot. It has 25’ of frontage on Carmine Street and 35’ on 7th Avenue South in the rear. It is footsteps away from the Houston Street [1] subway station.
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The Niagara & Ontario Plaza at 2207-2235 Niagara Street, Buffalo, NY 14207. Built in 1986, the property is 3 retail buildings built on a 3.05± AC lot with 8 retail units ( 70.1% occupancy) with 39,336± retail NRA (SF). Significant upside potential through leasing the remaining vacant units. New ownership can stabilize the property and achieve a 9.5%± cap rate by securing tenants for the available spaces.
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Owning and operating property in New York City is a double-edged sword of great opportunity and intense regulation. Navigating the city’s complex laws and ordinances can become a round-the-clock effort for already overburdened and understaffed small- to medium-sized, non-institutional landlords. Combine that with a challenging regulatory and political environment for owners can be discouraging and overwhelming without a knowledgeable, capable management partner.
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Besen Partners is pleased to announce that we have once again been recognized as a Top Firm in New York City with CoStar’s prestigious Power Broker/Top Firm industry award for 2023.
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The Besen Private Capital Group successfully brokered the sale of a 165-unit apartment complex in Indianapolis, IN. The team secured an above-market offer through a pre-existing relationship with a Massachusetts-based buyer, marking the buyer’s first acquisition in the Indiana market.
El Dorado Apartments
Built in 2014, Microtel Inn by Wyndham, Long Island City is an 11-story 27,899 SF hotel built on 0.13 acres. Zoned M13R7X with 75 keys.
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Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 39 East 31st Street, New York, NY 10016 (the “Property”) a five-story, 7,680± square foot mixed-use elevator building located in the heart of Manhattan’s coveted NoMad neighborhood, just three blocks from the Empire State building. This prime mid-block property combines four floors of occupied commercial space with a fully leased ground floor retail space, offering stable cash flow with significant future redevelopment or repositioning potential.
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Besen Partners, as exclusive agent for ownership, is pleased to offer for sale 544 West 49th Street, a well-maintained multifamily asset located in the heart of Manhattan’s vibrant Hell’s Kitchen. Originally constructed circa 1909 and fully renovated in 2016, the property comprises approximately 8,800 square feet across five stories and sits on a 2,510± square foot lot. Zoned R8, C2-5, the building contains 20 residential units and offers strong in-place income with potential for future upside. Situated on the south side of West 49th Street between 10th and 11th Avenues, the property benefits from excellent accessibility, just two blocks from the 50th Street [A, C, E] subway station, providing convenient transit throughout Manhattan and beyond.
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The New York City Rent Guidelines Board held a public hearing in Manhattan on Tuesday night at Symphony Space on the Upper West Side. Landlords and tenants alike had a chance to testify in front of the board and voice their opinions on upcoming rent increases.
Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 1380 White Plains Road, Bronx, NY 10462 (the “Property”) located in the Parkchester neighborhood of The Bronx. Built circa 1927, this 5-story walk-up residential building consists of 37 apartments and 4 stores spanning 34,875± SF. The property is located on White Plains Road between Wood Avenue and McGraw Avenue, just a few short blocks from the Parkchester subway station on the [6] line. The property is in close proximity to the Bronx Zoo, New York Botanical Garden, and Jacobi Health Center.
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Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 105-107 Boerum Place, two 4-story multifamily walkup buildings with 16 total apartments. The properties are located on the east side of Boerum Place between Pacific and Dean Streets. A few blocks from the Bergen Street [F, G] subway station. The properties are in excellent condition with recent capital improvements including a new burner on one of the boilers, windows and roof work. 110 Boerum Place directly across the street is currently under development for a 6-story luxury condominium, and the properties are also surrounded by strong retail along Atlantic Avenue and Smith Street.
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1706 N Dupont Hwy, Dover, DE 19901. Dover, DE market. 95 key hotel. $11,000,000 loan amount. Refinance loan.
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1462 Atlantic Ave, Brooklyn, NY. 57 Keys. 21,921 SF hotel. Under Construction Hotel / New Build. $14,900,000.
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$18,000,000 loan. Refinance loan. 49,001 SF hotel. 128 keys.
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Besen Partners is pleased to present the fully renovated Holiday Inn Express Syracuse Airport for acquisition, located at 5418 South Bay Road, North Syracuse, NY 13212, within the IHG Group. This three-story hotel features 95 rooms that blend comfort and luxury for discerning guests. Recently renovated (2023) to meet IHG’s Formula Blue 2.0 standards, the hotel boasts modern amenities, including an inviting indoor heated pool for year-round relaxation and over 400 square feet of flexible event space ideal for various gatherings. Conveniently located just a mile from Syracuse Hancock International Airport and with easy access to I-81, the hotel enjoys excellent connectivity, attracting both business and leisure travelers.
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Besen Partners is proud to offer 332 East Gun Hill Road, Bronx, NY 10467. Prime retail space for lease in the Norwood neighborhood in The Bronx. Most uses considered. 549 SF. High foot traffic, high ceiling, bathroom. Immediate possession. Neighbors include McDonald’s, Subway, Boost Mobile, Blink, Fitness, Checkers, Fine Far Supermarkets, Empanadas on the Hill, Taco Rico, Montefiore, Medical Center, Isabel’s Pharmacy, and more. A few blocks from the Williams Bridge Metro-North station.
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The Wingate by Wyndham BWI Airport is a high-visibility, 182-key investment opportunity situated in the Baltimore-Washington International Airport (BWI) submarket, one of the region’s strongest lodging markets. The property benefits from consistent corporate, government, and airport-driven demand, making it an ideal acquisition for an investor seeking a stable cash-flowing asset with significant value-add potential.
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Besen Partners Hotel Advisory Group as exclusive agent for Ownership is pleased to offer for sale 10700 Rhode Island Avenue, Beltsville, MD 20705, proposed Wingate by Wyndham 5-story, 90-key, 60,500 SF, 1.45-acre hospitality development. Situated in Beltsville, MD, within the high-demand Bethesda/College Park hospitality submarket. Excellent connectivity to Washington, D.C., Baltimore, and Northern Virginia.
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Built in 1967, Grove Plaza – 785 US Highway 22 is a 1-story 11,383 SF retail building built on 0.58 acres with 5 retail units.
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Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 311 West 139th Street, New York, NY 10030 (the “Property”) located on the north side if West 139th Street between Edgecombe Avenue and Frederick Douglass Boulevard in the Harlem neighborhood of Manhattan. The subject property is a 3-story 3,400± SF multifamily building built on a 1,699± SF lot. Zoned R7-2 with 11 residential units. 2 blocks from 135th Street [A, B, C] subway station.
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Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 262 Lenox Avenue, New York, NY 10027. Built circa 1915, is comprised of a 4-story 4,624± SF vacant building built on a 1,500± SF lot. This property offers a wealth of potential, featuring a two-story commercial space along with two spacious two-bedroom units. The property is currently zoned R7-2 with a 3.44 F.A.R for residential and 6.5 F.A.R. for facility use. The Property is located in the Mount Morris Park Historic District on the east side of Lenox Avenue between West 123rd Street and West 124th Street, just 2 short blocks to the 125th Street [2,3] subway station.
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Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 1745 Eastburn Avenue, Bronx, NY 10457 (the “Property”) located in the Mount Hope neighborhood of The Bronx. Built circa 1928, this 5-story walk-up residential building consists of 38 units totaling 32,065± SF. The property is located on the northwest corner of Eastburn Avenue and the Cross Bronx Expressway, just a few short blocks from Claremont Park and near the [B], [D], and [4] train stations.
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Besen Partners is proud to offer 1630 Westchester Avenue, Bronx, NY 10472. Office/retail space for lease on the second floor, Unit 201. Most uses considered. 888 SF. Located in prime Soundview. High foot traffic, Next to the train station. Bathroom. Former driving school.
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This brand new construction Dollar Tree with a 10 year lease is located in the city of Inman, SC along the I-85 corridor in Spartanburg County. It is approximately one mile north of the booming city of Boiling Springs which has experienced an annual population growth of over 5% per year for the last 5 years.
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Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale, Bayou Oaks Apartments at 1160 Four Seasons Circle, Sarasota, FL 34234. Built in 2000, the property has 80 units on 8.13± acres with 83,235± residential NRA SF. Average unit size is 800± SF. 96.3% occupancy with an asking price of $8,500,000 ($106,250 price per unit).
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232 East 59th Street is a 5,712 SF 2nd Floor Office/Showroom in Central Midtown, Manhattan. Chelsea Editions is the new tenant. the lease term is 5 years. 232 East 59th Street, aka The Fine Arts Building, is a 58,000 SF office/showroom building located in the heart of the home design district by the 59th Street Bridge on the East Side. It is managed by NYC Management, an affiliate of Besen Partners.
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The Besen Hotel Advisory Group attended Bisnow's Bisnow New York Hotel & Hospitality event. Developers, hotel owners, investors, designers and city officials met and discussed the future of hotel development and investment activity. Furthermore, learned how the hotel industry is navigating this choppy market while insuring the supply and demand dynamics are ready for when the market normalizes.
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The Besen National Team successfully completed the sale of a 129-unit apartment complex in Houston, Texas. The team secured an above-market offer on behalf of a pre-existing relationship with a New York-based buyer. This is the buyer’s first purchase in the state of Texas. The sale price equates to a 5.66% cap rate.
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Besen Partners is delighted to present the fee-simple interest in the Homewood Suites by Hilton Rochester/Greece for sale. This full-service asset, located at 400 Center Place Drive, Rochester, NY 14615, features 95 keys across 5 stories with interior corridors.
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We are seeking driven, success-oriented real estate sales professionals for positions on our growing investment sales team.
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