Westwood Realty Associates: Your NYC Real Estate Experts in Times Square

Westwood Realty Associates Introduce

The New York City real estate market is a world of complexity and opportunity, particularly in the investment sales sector. For investors and developers, navigating this dynamic environment requires a specialized partner with a deep understanding of market trends, asset valuation, and transaction execution. Westwood Realty Associates is a boutique real estate firm that has established a significant presence in this high-stakes market. Despite its small size, the firm, led by its founder and president Steven Vegh, has a remarkable track record, having sold billions of dollars in deals across various asset classes, including multi-family, retail, office, development, and hospitality. Their success is a testament to their focused approach and expertise in a highly competitive industry.

In a market dominated by large brokerage houses, Westwood Realty Associates stands out by offering a different kind of service. Their boutique nature allows for a personalized and client-centric approach, where a client's specific needs and goals are the primary focus. This strategy has earned them the trust and respect of their clients and peers, as evidenced by their impressive sales volume and industry recognition. This article will provide a detailed and factual overview of Westwood Realty Associates, exploring their strategic location, their specialized services, and the key features that make them a formidable player in the New York City real estate market.

The firm’s business model is built on the principle that hard work, an honest approach, and strong relationships can outperform sheer size. Their track record of successfully brokering complex deals not only in New York but also in other states highlights their adaptability and broad market knowledge. This overview is intended to give you a clear and engaging look at what Westwood Realty Associates brings to the table, and why their specialized expertise might be the perfect fit for your next real estate investment or transaction in New York City.

Westwood Realty Associates is strategically located at 200 W 41st St #603, New York, NY 10036, USA. This address places the firm in the heart of Midtown Manhattan, at the intersection of Times Square and the Garment District. This location is a prime hub for business and a global center of commerce, offering a significant advantage for a real estate agency specializing in investment sales. Being in the middle of it all allows the firm to be at the pulse of market activity, with direct access to a vast network of investors, developers, and properties.

The accessibility of 200 West 41st Street is exceptional. The building is located in an area that is a "Walker's Paradise" and a "Rider's Paradise," with a Walk Score of 99 and a Transit Score of 100. It is a short walk from a massive network of subway lines, including the 1, 2, 3, 7, N, Q, R, W, A, C, E, B, D, F, and M trains. This robust public transit infrastructure makes it incredibly convenient for clients to reach the office from any part of the city and beyond. The proximity to major transportation hubs like Grand Central Terminal, Penn Station, and the Port Authority Bus Terminal further enhances its accessibility. This central and well-connected location is a key feature of Westwood Realty Associates, reinforcing their ability to serve a broad clientele efficiently.

Westwood Realty Associates specializes in investment sales and commercial real estate. While a detailed public service list is limited, the firm’s track record provides a clear picture of their expertise.

Investment Sales: The firm's core business is the sale of investment properties. Since its founding, it has sold in excess of $7 billion in deals, a testament to its expertise in this high-stakes sector. Their transactions span a variety of property types, including multi-family, retail, office, development, and hospitality assets.
Commercial Real Estate: Westwood Realty Associates handles various commercial real estate transactions. This includes advising on the sale and purchase of office buildings and retail spaces, which are a major part of New York's commercial landscape. Their focus on this sector is a key differentiator.
Development Deals: The firm has a strong background in brokering deals for development properties. This includes advising on land transactions, new construction, and projects for future development, which are critical components of the New York real estate market.
Multi-Family & Hospitality Sales: They specialize in the sale of multi-family properties and hospitality assets, such as hotels. This requires a deep understanding of complex financial metrics, market trends, and asset management strategies unique to these types of properties.
Financing and Capital Markets: The founder, Steven Vegh, has a background in capital markets, indicating the firm’s ability to assist clients with the financial side of transactions, including connecting them with loans to owners and developers for their projects.

Westwood Realty Associates has a number of key features that distinguish it as a boutique firm in a highly competitive market.

Boutique Firm, Big Results: Despite being a small, two-person firm for a period, Westwood Realty Associates has consistently outperformed many larger brokerage companies in NYC in terms of transaction volume. This highlights their efficiency, deep market knowledge, and dedication to client service.
Honest and Respected Approach: The firm’s founder, Steven Vegh, has earned a reputation for his honest approach to business, which has helped him build trust with clients and peers. This professional integrity is a significant factor in their success and a major highlight for potential clients.
Specialized Focus on Investment Sales: Unlike firms that handle a bit of everything, Westwood Realty Associates has a clear and specialized focus on investment sales. This concentration allows them to develop a deeper expertise in a specific niche, which is highly valued by serious investors.
Nationwide Reach: While their core business is in NYC, the firm has leveraged its relationships to venture into out-of-state brokerage, closing deals in various states. This demonstrates their broad reach and ability to apply their expertise to different markets.

For more information or to discuss your real estate investment needs, you can contact Westwood Realty Associates using the details below.

Address: 200 W 41st St #603, New York, NY 10036, USA

Phone: (212) 961-6833

What is worth choosing Westwood Realty Associates is their unique combination of a boutique, client-focused approach with a track record of large-scale success. In a market where personal relationships and trust are paramount, the firm’s reputation for honesty and integrity is a significant asset. Their specialized focus on commercial and investment sales, particularly in complex asset classes like multi-family, retail, and development properties, means they are not just general brokers but highly knowledgeable advisors in their niche.

For an investor, working with a firm that has consistently closed deals in the billions of dollars is a strong indicator of their capability and effectiveness. Their ability to outperform larger firms speaks volumes about their efficiency and expertise. Furthermore, their strategic location in Midtown Manhattan provides an accessible and professional base for all real estate activities. If you are a serious investor or developer looking for a partner with proven success, specialized knowledge, and a commitment to a client-first philosophy, Westwood Realty Associates is a compelling choice to consider for your next transaction in New York City.