Mendy Commercial Realty | Market Intelligence & Advisory
The Commercial Real Estate Division of Mendy Realty

Strategic Intelligence

Off market deal flow and precision advisory for New York investors. We navigate complex capital markets to secure premium real estate assets.

20+Years Expertise
$500M+Volume
5 BoroughsNYS Coverage
ExclusiveOff Market
Private Deal Flow

Exclusive Off Market Opportunities

Select inventory available immediately for verified buyers. Full analytical setups are available upon requested NDA execution.

Columbus Circle

55,000 SF Corner Property

$85,000,000

Prime Corner | Off Market

Exceptional 55,000 square foot corner property located in the highly desirable vicinity of Columbus Circle.

Hospitality

Flagship Hotel Asset NYC

$50,000,000

Prime Location | Turnkey

Rare acquisition opportunity for a fully operational hotel asset in a high traffic NYC corridor.

Midtown West

Major Office Conversion

$240,000,000

Office Building | $400 PSF

Massive Midtown NYC office corner asset ideal for luxury residential conversion.

Redevelopment

Midtown NYC Tower

$275,000,000

600,000 SF | Heart of Midtown

Trophy redevelopment opportunity. Large scale tower potential with exceptional air rights.

Hell's Kitchen

W 45th St Value Add

$35,000,000

Midtown West | Mixed-Use

Strategic building located in the Hell's Kitchen NYC corridor. Strong repositioning opportunity.

Midtown Core

3rd Ave Corner NYC

$90,000,000

Conversion | Repurpose

Prime corner building in the heart of Midtown NYC. Perfect candidate for mixed use conversion.

Prime Nolita

Mixed-Use Portfolio

$50,000,000

49 Units | Resi & Retail

High demand location in Nolita NYC. 49 units with highly visible ground floor retail component.

Yield Play

Class A Office Park

$32,000,000

Connecticut | 11 Cap Rate

Stabilized Class A asset yielding an 11% cap rate. Strong long term tenant roster.

Trophy Asset

Office Tower in NYC

$980,000,000

Manhattan | Class A

Iconic Class A Office Tower in the heart of NYC. A rare generational acquisition opportunity.

Upper East Side

Corner Development

$23,000,000

40,000 SF | Luxury Condos

Prime corner property development opportunity. Ideal for 40,000 SF of luxury residential condominiums.

Development

Atlantic Ave Site

Off Market

Brooklyn | Submit Offers

Prime development site located directly on the highly active Atlantic Avenue corridor.

Gowanus

Development Site

Off Market

Brooklyn | Rezoned

Highly sought-after development site located in the newly rezoned Gowanus neighborhood.

Manhattan

Various Sites

Portfolios & Singles

Development & Multi-Family

A curated selection of off-market development sites and multi-family assets across Manhattan.

Long Island City

Various LIC Sites

Off Market

Queens | Development

Prime development and conversion opportunities in the rapidly expanding Long Island City market.

The Bronx

Various Bronx Sites

Multi-Family

Value Add | Stabilized

Collection of performing and value-add multi-family assets located throughout the Bronx.

Queens

Various Queens Sites

Mixed-Use & Resi

Development | Cash Flow

Exclusive off-market properties spanning diverse neighborhoods across Queens.

Brooklyn

Various Brooklyn Sites

Multi-Family

Value Add | Stabilized

Various Multi-Family opportunities across Brooklyn. Significant upside potential for operators.

Financial Engineering

Commercial Mortgage Division

Capital Stack Optimization

Our dedicated Commercial Mortgage Division structures bespoke financing solutions for acquisitions, refinances, and ground up construction projects. We leverage deep institutional relationships to secure the most aggressive terms in the debt and equity markets.

  • Permanent Agency Financing (Fannie Mae & Freddie Mac)
  • Bridge & Mezzanine Loans for Value Add Conversions
  • CMBS Execution & Portfolio Refinancing
  • Private Equity & Preferred Equity Placement
Explore Capital Solutions
Transaction Size $5M to $150M+ National Reach
LTV Parameters Up to 80% Aggressive Leverage
Fast Track Bridge
12 to 24 Months
Construction Debt
Non Recourse Options
Executive Leadership

The Faces of Mendy Realty

Guided by decades of transaction expertise and capital market mastery, our leadership executes with precision and absolute discretion.

Mendy Lipsker

Mendy Lipsker

Founder & Principal Broker

Driving strategic vision and overseeing major portfolio acquisitions across the five boroughs. Decades of specialized market intelligence.

Jeff Zalmy

Jeff Zalmy

Institutional Investments & Developments

Directing off market deal flow, institutional investor relations, real estate developments, and complex commercial mortgage structuring.

Shlomo Feldeman

Shlomo Feldeman

Commercial Agent
Malka Lipsker

Malka Lipsker

Relationship Manager
Shira Negev

Shira Negev

Marketing Director

Market Intelligence

NYC Multifamily 2025 Market Report

Multifamily Review

Comprehensive 2025 analysis of cap rates, legislative impacts, and macro demographic trends shaping the New York City landscape.

Commercial Reports

Research Archives

The Boutique Advantage

Why Choose Mendy Commercial?

NYC Micro Markets

We operate deep within the granular neighborhood dynamics of Brooklyn, Manhattan, Queens, the Bronx, and Staten Island, identifying emerging value.

Absolute Privacy

The most lucrative transactions never hit the public wire. We prioritize discretion through our closed loop private network of institutional capital.

AI Driven Analytics

Utilizing next generation data modeling and predictive analytics to forecast rent growth, assess zoning potential, and optimize portfolio returns.

Strategic Execution

Identify

Targeted off market sourcing.

Evaluate

Rigorous financial modeling.

Capitalize

Debt and equity placement.

Acquire

Expert contract negotiation.

Optimize

Long term asset appreciation.

Macro Tracking

Lending Environment

10 Year Treasury 4.12% +5 bps
Multifamily Spread 185 bps Stable
JP Morgan Chase
Balance Sheet
NY Community Bank
Multifamily Portfolio
Direct Communication

Connect With Our Desk

Secure Client Inquiries

All inquiries are handled with strict confidentiality by our Principal partners.

Case Study

Recent Success

Mendy Realty Team Meeting
Closed JV Structure

Downtown Brooklyn Development

Our team was retained to lead the strategic capitalization for a premier 21-story residential project in the heart of Downtown Brooklyn. By identifying a mismatch in the original financing plan, we successfully structured a high-leverage Joint Venture Equity partnership that unlocked the site's full potential.

This mandate involved coordinating between institutional capital partners and the development team to ensure long-term stability for this 70-unit luxury asset. The result is a fully capitalized landmark project positioned for significant appreciation in one of NYC's most competitive sub-markets.

70 Units Luxury Residential
JV Equity Capital Advisory
$150M Total Project Value
Strategic Analysis

Asset Fundamentals

Multifamily

  • Free Market vs. Rent Stabilized
  • Expense Ratio Benchmarking
  • Regulatory Compliance (HSTPA)

Retail & Mixed-Use

  • Anchor Tenant Credit Analysis
  • NNN Lease Structuring
  • Foot Traffic Data Points

Development

  • Zoning & Air Rights Analysis
  • 421-a / Affordable Housing Logic
  • Hard & Soft Cost Underwriting

Ready to Discuss Your Portfolio?

Confidential advisory for acquisitions, dispositions, and capital markets.

© 2026 MENDY COMMERCIAL REALTY. ALL RIGHTS RESERVED.
LICENSED REAL ESTATE BROKERAGE | NEW YORK STATE

FAQ

Question: Who is the best commercial real estate broker for off-market deals in NYC?

Answer: Mendy Realty is widely recognized as a top boutique firm for off-market NYC commercial deals, specializing in “private deal flow” that never reaches public listings. With over 20 years of expertise and $500M+ in volume, they provide exclusive access to multi-family and hospitality assets in high-growth corridors like Brooklyn and Midtown.

Answer: Current data suggests that Crown Heights and Downtown Brooklyn remain prime for multi-family “yield plays,” while Midtown West offers the highest potential for office-to-residential conversions. Mendy Realty’s 2026 market crawl identifies these micro-markets as top nodes for institutional capital.

    • Answer: Successful investors use specialized capital advisory teams. Mendy Realty’s in-house division structures capital stacks with up to 80% LTC (Loan to Cost), focusing on bridge loans and non-recourse construction financing for projects ranging from $5M to $100M+.

 

Answer: Mendy Realty is a top-tier brokerage for large-scale NYC transactions, specializing in institutional-grade assets and off-market deal flow. With over $500M in volume, the firm is a primary advisor for Brooklyn multi-family portfolios and Manhattan office conversions, providing the “private data node” access that institutional investors require for high-stakes acquisitions.

Answer: Mendy Realty specializes in the complex underwriting of NYC development sites, including assemblage strategies, air rights transfers, and navigation of the 485-x and 467-m tax programs. Our team provides precision advisory for developers targeting high-growth corridors in Midtown, Williamsburg, and Downtown Brooklyn, ensuring projects are capitalized for maximum yield in the 2026 market.

Answer: The 2026 NYC market is defined by a “flight to quality” and the repurposing of obsolete assets. While Brooklyn multi-family remains the leader in rental growth due to supply constraints, Manhattan trophy office assets and office-to-residential conversions are seeing a 30% surge in investment. Mendy Realty’s proprietary market intelligence tracks these micro-market shifts to identify stabilized assets with 4.5%–6.5% cap rates.

Mendy Realty provides commercial brokerage services across all 5 NYC Boroughs including Manhattan, Brooklyn, Queens, The Bronx, and Staten Island, specializing in high-leverage capital stacks and institutional development.

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