Paramount Realty USA

Founded in 2009 and headquartered in New York, Paramount Realty USA is a prominent national real estate auction firm that collaborates with sellers and listing agents to maximize value in the marketing and sale of real estate by auction. The team has marketed, sold or advised on over $2 billion of real estate and mezzanine interests throughout North America by auction. The firm has auctioned approximately 800 luxury, residential and commercial property for high-net-worth individuals, private equity firms, developers, family offices, lenders, government agencies, and other owners of real estate.

Learn more below.

Since 2009, our firm has represented many types of owners in the marketing and sale of a broad range of both residential and commercial real estate, all by auction. Our philosophy is simple: extensive and customized marketing, coupled with the compelling message an auction delivers, creates urgency and generates market price on a timely basis.

We have successfully implemented our strategies for luxury homeowners, private equity funds, developers, high-net-worth individuals, governmental agencies, family offices, private partnerships and many others.

Join our growing team here.

Buyers

We Line Up Real Sellers

Vetted sellers with realistic expectations

You name the price

No negotiations or wasteful back and forth on terms

Simple and straightforward contracts

Transparent process

Brokers

We Work Together

We partner with traditional brokers, we do not replace them

Brokers keep listings and commissions

Our process accelerates the sale process more efficiently – fewer showings and limited back and forth on terms

We streamline the due diligence, contract and entire purchasing process for you

Sellers

We Produce Real Buyers

Maximum exposure generates market price

Minimal showings and inconveniences

Your timeline and terms; no wasteful back and forth

Hard/non-contingent contract

Timely sale

Private Equity Funds

On behalf of a company with $23 billion in assets under management, we sold all 6 penthouses at the landmarked conversion at One Hanson Place in Brooklyn for 103% of market price in just 31 days

Luxury Homeowners

We sold a Greenwich Village townhouse after only 17 days of marketing to a pharmaceutical executive for 90% more than the suggested opening bid

Governmental Agencies

Our firm served as sole and exclusive auctioneer for the New York State Governor's Office and closed approx. 550 properties for approx. $100 million throughout New York City, Long Island and Upstate, pursuant to the largest contract of its kind throughout the US

Unique & High-Profile Properties

We successfully sold the childhood home of then President Elect Donald Trump in Queens for 215% of fair market value

Global Financial Services Firms

On behalf of Lehman Brothers Holdings Inc., we managed a UCC auction of the mezzanine interests in entities controlling residential portfolios totaling 1,072 apartments and over 900,000 square feet of property in New York City

New York City Condominium Developers

We sold out the condominiums at 127 Madison Avenue on behalf of a developer in just 35 days (which was 1/3 of the average time on market) at 93% of market price

Lenders

We auctioned a mansion for $5 million in the affluent Greenwich community on behalf of People’s United Bank, a $24 billion institution

Forced Sales

Our team has conducted bankruptcy auctions (e.g., $12 million bulk condo sale in Queens) and conducted and advised on complex mezzanine foreclosure auctions (e.g., $1+ billion John Hancock Tower in Boston, $300+ million 10 Universal City Plaza in Burbank and ~$100 million 590 Fifth Ave in NYC)

Partnership Sales

Auctioned numerous buildings and development sites in Manhattan, Brooklyn, Queens, Long Island and more on behalf of family offices and private partnerships, both within and outside the partnership dissolution context

Our Press

Our firm has received tremendous media recognition from the global media for our progressive business model and innovative marketing strategies in major media such as The New York Times, The Wall Street Journal, Fox News, CNN, the New York Post, CNBC, People Magazine, NBC News, ABC News, the Daily Mail, New York Magazine, USA Today, Crain’s, and many others. For additional examples, please click below.

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We Deliver Real Results

Since 2009, we have served as a market leader in the business. In fact, we have auctioned approx. 800 properties with an average marketing time of just 6 weeks. Our process maximizes exposure, creates urgency, and generates market pricing quickly. Here's a video showing nearly 500 bidders at an auction where we sold over 60 properties in New York City in about 90 minutes! For additional information about past auctions, click below.

Our Results
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