Besen & Associates opens a new Bronx office on Morris Park Avenue

Besen & Associates has opened a new office on Morris Park Ave. This will allow the firm to strengthen their position in the borough as well as expand their market share throughout the boroughs, L.I. and Westchester. In these exciting and challenging times, their clients have told Besen that it is more important than ever to be a value-add brokerage firm which continues to place their clients needs at the forefront of all aspects of their business. Their capabilities in investment sales, financing, research and investment analysis, retail leasing, property management, distressed asset advisory group and residential leasing makes them a perfect fit for all categories of property owners. It is their approach and understanding of the client's needs that continue to make them a market leader in their class. With the current low financing rates, pent up demand, and the return of long-term private and family ownership who sat out the run up from the early 2000s to 2007, their market is well positioned for increased activity and further growth. Besen's recent transactions have included multifamily assets and retail assets such as the recent sale of 2120-2126 and 2160-2180 Tiebout Ave. for $9.3 million which was a total of 134 apartments and 4 stores at $69,400 per apartment, 37-45 Atlantic Ave., Lynbrook which was an 11,000 s/f single-story retail building with parking for $2.433 million at $221 price per s/f. To contact a market leader please call us (718)319-8531 or visit www.besenassociates.com.