Derek Bestreich
Derek Bestreich is Founder and President of IPRG Investment Property Realty Group, an investment brokerage in Downtown Manhattan, NY.
IPRG Founder and President Derek Bestreich is a leading NYC investment sales broker specializing in multifamily, mixed-use, and development site asset sales. As President of IPRG, Derek oversees a team of twenty brokers who have sold over 450 properties for over $2 billion. Since 2009, Derek has underwritten thousands of NYC properties. A wide variety of clients leverage his expertise on optimal pricing and positioning strategies and best practices for selling investment real estate assets throughout the Greater New York City area. Before founding IPRG, Derek earned a Bachelor’s degree from The University of Texas at Austin and was Vice President of Investments at Marcus & Millichap. Derek and his family live in Park Slope, Brooklyn.
- SpecialtiesInvestment Sales Broker, Tenant Rep
- MarketsLong Island (New York), New York City, Northern New Jersey, Westchester/So Connecticut
- Property TypesIndustrial, Land, Office, Retail, Multifamily
- Websites
- Company WebsiteVisit Site
- EducationThe University of Texas (BA)
$12,500,000 USD
Apartments - For Sale27,528 SF | 6.77% Cap Rate
$2,000,888 USD
Apartments - For Sale4,020 SF | 5.71% Cap Rate
$7,995,000 USD
Apartments - For Sale6,810 SF | 5.63% Cap Rate
$2,900,000 USD
Storefront Retail/Residential - For Sale3,300 SF | 6.68% Cap Rate
$2,900,000 USD
Apartments - For Sale5,600 SF | 5.62% Cap Rate
$3,200,000 USD
Storefront Retail/Residential - For Sale6,037 SF | 4.1% Cap Rate
$31,000,000 USD
Multi-Family - For Sale74,258 SF | 7.72% Cap Rate
$2,500,000 USD
Apartments - For Sale8,232 SF | 7.74% Cap Rate
$3,150,000 USD
Apartments - For Sale10,000 SF | 3.96% Cap Rate
$103.00-$108.00 USD /SF/yr
Retail - For Rent
$7,500,000 USD
Apartments - For Sale5,500 SF | 5.43% Cap Rate
$1,950,000 USD
Office/Residential - For Sale4,614 SF | 6.67% Cap Rate
$10,000,000 USD
Apartments - For Sale15,435 SF | 6.14% Cap Rate
$49.00 USD /SF/yr
Office - For Rent
$127.00 USD /SF/yr
Retail - For Rent
$1,650,000 USD
Commercial Land - For Sale4,069 SF
$1,050,000 USD
Residential Land - For Sale2,500 SF