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Steven Vegh

Founder
Westwood Realty Associates
570 7th Avenue, Suite 807
New York, NY 10018
(212) 961-6833
Website

Steven Vegh began his real estate career focusing on the capital markets side of the business, with loans to owners and developers. But after his first real estate sale, Vegh said he was hooked and never looked back.

Veghs father worked at Cooper Horowitz, and instilled in Vegh a love of the real estate industry. Vegh began working as a broker for GFI Capital, where he stayed for nearly nine years. After that Vegh was a managing partner at Multi-Investment Group, where he focused on property acquisitions. Finally, in 2012, after being asked to represent a client in a deal, Vegh decided to go back to brokerage and opened his own firm, Westwood Realty Associates.

Even though Vegh is still the only broker at Westwood, he is clearing as much in sales as some larger shops. Vegh quickly closing more than $1.5 billion in sales in the first two years of operating, including record sales prices in the Bronx and Williamsburg. During itsfirst year alone, Vegh's firm ranked as the 15th highest investment sales firm in New York by The Real Deal, netting $368 million in 10 deals. By 2014, Westwood had climbed slightly higher, to 11th on the list with $889 million in deals, much of that in the latter half of the year. In some cases, Vegh represented the buyer and the seller in big deals, as with the $67 million off-market sale of 838 West End Avenue.

Vegh graduated from Brooklyn College.

  • Event Sales
  • Address 564 Saint John's Place
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Price $ 117,000,000
  • Publication Date 07/12/2019
  • Event Date 07/09/2019
  • Party 1 Toby Moskovits
  • Party 1 Brokerage Westwood Realty Associates
  • Party 1 Broker Steven Vegh
  • Party 2 Harbor Group International
  • Party 2 Brokerage Westwood Realty Associates
  • Party 2 Broker Steven Vegh
notes
The buyer secured the Crown Heights property for $117 million.
  • Event Sales
  • Address 120 West 116th Street
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Price $ 40,000,000
  • Publication Date 05/02/2019
  • Event Date 05/03/2019
  • Party 1 Galil Management
  • Party 1 Brokerage Westwood Realty
  • Party 1 Broker Steven Vegh
  • Party 2 Emerald Equity Group
  • Party 2 Brokerage Westwood Realty
  • Party 2 Broker Steven Vegh
notes
The buyer bought the Central Harlem portfolio for $40 million.
  • Event Sales
  • Address 204 West 113rd Street
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Price $ 76,250,000
notes
The buyer bought the Central Harlem portfolio for $76.25 million.
  • Event Sales
  • Address 120 West 112th Street
  • Neighborhood Harlem
  • Borough Manhattan
  • Price $ 8,200,000
notes
The buyer purchased the Harlem property for $8.2 million.
  • Event Sales
  • Address 368 Lenox Road
  • Neighborhood Flatbush
  • Borough Brooklyn
  • Square feet 18,900
  • Price $ 2,900,000
  • Publication Date 07/09/2018
  • Event Date 07/02/2018
  • Party 1 368 Lenox LLC
  • Party 1 Brokerage Westwood Realty
  • Party 1 Broker Steven Vegh
  • Party 2 Kings County Hospital
  • Party 2 Brokerage Westwood Realty
  • Party 2 Broker Steven Vegh
notes
The buyer secured the Flatbush property for $2.9 million.
  • Event Sales
  • Address 247 Audubon Avenue
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 52,764
  • Price $ 13,650,000
  • Publication Date 07/02/2018
  • Event Date 06/28/2018
  • Party 1 247 Audubon Realty LLC
  • Party 2 Barberry Rose Management
  • Party 2 Brokerage Westwood Realty
  • Party 2 Broker Steven Vegh
notes
The buyer secured the Washington Heights property for $13.65 million.
  • Event Sales
  • Address 826 Crown Street
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Square feet 49,380
  • Price $ 11,450,000
notes
The buyer secured the Crown Heights property for $11.45 million.
  • Event Sales
  • Address 490 East 189th Street
  • Neighborhood Tremont
  • Borough Bronx
  • Price $ 65,000,000
notes
The multifamily investor secured the 15-building portfolio in the Bronx for $65 million.
  • Event Sales
  • Address 711 Seagirt Avenue
  • Neighborhood Far Rockaway
  • Borough Queens
  • Square feet 774,719
  • Price $ 135,000,000
notes
The buyer acquired the 4-building, 916-unit rental complex in Far Rockaway for $135 million.
  • Event Sales
  • Address 523 West 156th Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 19,740
  • Price $ 9,000,000
  • Price per foot $ 455.92
notes
The 5-story, 46 residential-unit building in Washington Heights was sold for $9 million.
  • Event Sales
  • Address 1883-1887 Amsterdam Avenue
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 28,845
  • Price $ 14,000,000
  • Price per foot $ 485.35
notes
The 3 buildings with a combined 60 residential units sold for $14 million.
  • Event Sales
  • Address 1567 Lexington Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 712,571
  • Price $ 357,500,000
notes
The 47-building "Dawney Day Portfolio", compromised of 1,181 units, was sold for $357.7 million.
  • Event Sales
  • Address 1276 Clay Avenue
  • Neighborhood Longwood Melrose
  • Borough Bronx
  • Square feet 52,000
  • Price $ 9,000,000
notes
The multifamily building was sold for $9 million.
  • Event Sales
  • Address 90 Sullivan Place
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Price $ 21,500,000
notes
The rental building sold for $21.5 million.
  • Event Sales
  • Address 47 Hall Street
  • Neighborhood Clinton Hill
  • Borough Brooklyn
  • Square feet 550,000
  • Price $ 161,000,000
  • Price per foot $ 292.73
notes
The property sold for $161 million is just south of the Brooklyn Navy Yard.
  • Event Sales
  • Address 273 West 131st Street
  • Neighborhood Harlem
  • Borough Manhattan
  • Square feet 59,880
  • Price $ 14,800,000
  • Price per foot $ 247.16
notes
The multifamily residential building sold for $14.8 million.
  • Event Sales
  • Address 556-558 West 126th Street
  • Neighborhood Harlem
  • Borough Manhattan
  • Square feet 52,000
  • Price $ 34,400,000
  • Price per foot $ 661.54
notes
The property sold for $34.4 million included 560 West 126th Street and 564 West 126th Street.
  • Event Sales
  • Address 17 West 125th Street
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 9,000
  • Price $ 30,000,000
  • Price per foot $ 3,333.33
notes
The five story property sold for $30 million.
  • Event Sales
  • Address 220 West 116th Street
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Price $ 25,800,000
  • Event Sales
  • Address 1749 Grand Concourse
  • Neighborhood Mt Hope
  • Borough Bronx
  • Square feet 423,000
  • Price $ 50,000,000
  • Price per foot $ 118.20
notes
The seven-story rental building sold for $50,000,000.
  • Event Sales
  • Address 98 Morningside Avenue
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 65,800
  • Price $ 21,600,000
  • Price per foot $ 328.27
  • Event Sales
  • Address 435-429 Third Avenue
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Price $ 68,300,000
  • Event Sales
  • Address 2755, 2763 Sedgwick Avenue 11 West 172nd Street 41 West 184th Street 2291 University Avenue 226 West Tremont Avenue 1786 Topping Avenue 2076 Creston Avenue 2238 Morris Avenue 1631 Grand Avenue 2322 Grand Avenue West 228th Street 159 West 228th Street
  • Neighborhood Midtown
  • Borough Bronx
  • Price $ 53,700,000
  • Event Sales
  • Address 301 West 45th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Price $ 132,500,000
  • Event Sales
  • Address 260 Elizabeth Street
  • Neighborhood Nolita
  • Borough Manhattan
  • Square feet 63,500
  • Price $ 61,000,000
  • Price per foot $ 960.63
notes
The mixed-use buildings sold for $61 million. Includes 262, 264, 266, 268 Elizabeth Street.
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02/01/2018
“Bronx and Upper Manhattan are still strong for multifamily,” said Steven Vegh, head of the one-person multifamily brokerage Westwood Realty Associates, which took 14th place with $381.8 million...

02/01/2017
Rosewood, Cushman, Marcus & Millichap, Ariel Property Advisors and Steven Vegh’s one-broker shop Westwood Realty Associates are all dominant players in that space...

02/02/2015
Rosewood, the tiny Midtown-based powerhouse headed by Jungreis, impressively remained in the top five with $2 billion in deals, but unlike the others its dollar volume didn’t really budge from 2013. Jungreis’ biggest deal was a Queens portfolio that he co-brokered with Knakal for $216 million. And while most of the firms on the ranking are familiar names, some, like Westwood Realty Associates, which is headed by Steven Vegh, did an impressive $889 million in business...