Besen Partners has completed the sale of 3137 Fulton St., a two-story, 3,368 s/f mixed-use building with two apartments and a store. The subject is located in the Cypress Hills neighborhood. Besen Partners exclusively represented the seller and procured the purchaser in this transaction. The sale was handled by Ron Cohen and Jay Bernstein. The property sold for $1.035 million, which translates to a 6.1%...
After being appointed the chief sales officer of Besen Associates in 2016, Ron Cohen was already beginning work on one of the biggest transactions he’d ever work on. Cohen, alongside his fellow broker Brian Belkin who sourced the deal, focused their attention on an exclusive sales transaction at a Lower East Side property. Besen initially found a buyer offering $34 million for the property at 167-171...
How would you define or describe NYC’s commercial real estate market in 2016? Has it done better than your expectations? Overall, the investment sales market is healthy and continues to show strength, though it has unquestionably cooled the first half of 2016. While it’s down about 20% from both a dollar & volume standpoint for the first half, we have to maintain perspective that we’re...
Ron Cohen, newly appointed chief sales officer at The Besen Group, recently sat down with the New York Real Estate Journal for a question and answer session. Q: You’ve been at Besen for quite some time, right? How has your role evolved? A: I joined Besen & Associates as an investment sales associate in the spring of 2003. Given my business background, I was able to lend my experience to the...