109 NY is a vertically integrated owner, operator, and manager of multifamily and commercial real estate throughout the New York metropolitan area, with leadership that has closed over $7B of transactions.
109 NY was founded in 2023 by Bastien Broda to consolidate two decades of New York City real estate investment and management experience into a single operating platform.
Every function is handled in-house: acquisitions, asset management, property management, leasing and marketing, finance and accounting, and construction management. That integration is what allows the firm to source, execute, and exit under one roof.
The strategy leverages deep local knowledge of market rents, supply trends, and regulatory conditions to identify assets that benefit from high barriers to entry and favorable demand dynamics.
For investors, 109 NY provides entrepreneurial service with institutional presentation. For tenants, the 620 MGMT operating platform delivers a user-friendly experience with expedience, care, and empathy.
A walk-through of the current NYC opportunity, how the firm sources and underwrites alongside institutional partners, and the co-invest structure available to qualified accredited investors.