New York Real Estate Development & Investment

Building value in
strategic New York
submarkets

West Egg Development is a development and investment manager focused on identifying and creating value in New York real estate.

Strategy

How We Invest

We champion successful real estate development projects by recognizing ripe submarkets, by identifying highest and best use, and by controlling product quality. We are extremely selective in the projects we choose to undertake.

We monitor market trends, track neighborhood dynamics, and study where demand is heading — to identify where value is before the market catches up.

NYC Rent Heat Map

Proprietary West Egg research · 28,900+ market-rate listings with subway, crime, and submarket overlays

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Portfolio

Select Projects

102-104 East 53rd Street East New York Brooklyn — Sam Eshaghoff West Egg Development

102-104 East 53rd Street

16 apartments
Ground-up development
East New York, Brooklyn

Entitled & Sold
22-80 Steinway Street Astoria Queens — Sam Eshaghoff West Egg Development

22-80 Steinway Street

4 apartments + 1,000 sf commercial + parking
Renovation
Astoria, Queens

Completed
38-15 23rd Avenue Astoria Queens — Sam Eshaghoff West Egg Development

38-15 23rd Avenue

7 apartments + 800 sf commercial
Ground-up development
Astoria, Queens

Predevelopment
67 Old Albany Post Road Rhinebeck Hudson Valley — Sam Eshaghoff West Egg Development

67 Old Albany Post Road

6 apartments
Renovation
Rhinebeck, Hudson Valley

Completed
Confidential Address Bedford-Stuyvesant Brooklyn — Sam Eshaghoff West Egg Development

Confidential Address

3 apartments
Renovation
Bedford-Stuyvesant, Brooklyn

Construction Underway
228 South 2nd Street Williamsburg Brooklyn — Sam Eshaghoff West Egg Development

228 South 2nd Street

Two-family residence
Luxury townhouse renovation
Williamsburg, Brooklyn

Completed
245 East 52nd Street Turtle Bay Manhattan — Sam Eshaghoff West Egg Development

245 East 52nd Street

~6,000 sf single-family residence
Luxury townhouse renovation
Turtle Bay, Manhattan

Predevelopment
53 Charles Street West Village Manhattan — Sam Eshaghoff West Egg Development

53 Charles Street

Special use building
Gut renovation
West Village, Manhattan

Predevelopment
110 East 53rd Street East Flatbush Brooklyn — Sam Eshaghoff West Egg Development

110 East 53rd Street

8 apartments
Ground-up development
East Flatbush, Brooklyn

Completed
53-08 102nd Street Corona Queens — Sam Eshaghoff West Egg Development

53-08 102nd Street

7 apartments
Ground-up development
Corona, Queens

Completed
106-108 Terrace View Avenue Marble Hill Bronx — Sam Eshaghoff West Egg Development

106-108 Terrace View Avenue

7 apartments + community facility + parking
Ground-up development
Marble Hill, Bronx

Entitled & Sold
1208 St. Marks Avenue Crown Heights Brooklyn — Sam Eshaghoff West Egg Development

1208 St. Marks Avenue

Two-family residence
Gut renovation
Crown Heights, Brooklyn

Completed
414A Kosciuszko Street Bedford-Stuyvesant Brooklyn — Sam Eshaghoff West Egg Development

414A Kosciuszko Street

3 apartments
Renovation
Bedford-Stuyvesant, Brooklyn

Completed
2068 Story Avenue Castle Hill Bronx — Sam Eshaghoff West Egg Development

2068 Story Avenue

4 apartments
Renovation
Castle Hill, Bronx

Completed
704 Lexington Avenue Bedford-Stuyvesant Brooklyn — Sam Eshaghoff West Egg Development

704 Lexington Avenue

Two-family residence
Luxury townhouse renovation
Bed-Stuy, Brooklyn

Completed
15-45 O'Callaghan Lane Red Hook Hudson Valley industrial — Sam Eshaghoff West Egg Development

15-45 O'Callaghan Lane

~44,000 sf industrial
Repositioning
Red Hook, Hudson Valley

Predevelopment
46-06 108th Street Corona Queens — Sam Eshaghoff West Egg Development

46-06 108th Street

14 apartments + community facility + parking
Ground-up development
Corona, Queens

Predevelopment
76 East 53rd Street East New York Brooklyn — Sam Eshaghoff West Egg Development

76 East 53rd Street

12 apartments + parking
Ground-up development
East New York, Brooklyn

Entitled & Sold
710-714 Wortman Avenue East New York Brooklyn — Sam Eshaghoff West Egg Development

710-714 Wortman Avenue

4 apartments
Ground-up development
East New York, Brooklyn

Completed
36 Warwick Road Lawrence Park — Sam Eshaghoff West Egg Development

36 Warwick Road

Single-family residence
Luxury colonial renovation
Lawrence Park

Completed
Leadership

About

Sam Eshaghoff Founder and Managing Principal — Sam Eshaghoff West Egg Development

Sam Eshaghoff

Founder & Managing Principal

Sam Eshaghoff is the founder and Managing Principal of West Egg Development, leading the company's acquisition, financing, design, and project management initiatives.

Eshaghoff has an extensive track record of successful real estate projects in the New York market, ranging from commercial ground-up construction projects to luxury home renovation projects. He leads his family's decades-old real estate development and management portfolio.

Prior to founding West Egg, he served as Head of Acquisitions at Monarch Realty Holdings, a Manhattan and Bronx-focused family office; founded Surface Development, a vertically-integrated residential repositioning platform; and served as Vice President at GPB Realty Capital, a private equity fund focused on ground-up development in New York.

Eshaghoff serves as Chairman and President of the Board of The Brooklyn Bank, a nonprofit organization in Brooklyn.

Education MBA, NYU Stern School of Business
  BBA, Zicklin School of Business

In the Press

From SAT Scandal to Real Estate Developer: Sam Eshaghoff's Second Act The Real Deal · 2025 Renew Tax Abatement Programs to Refill New Housing Pipeline Crain's New York · 2023 NYC Must Incentivize Residential Development Before It's Too Late Commercial Observer · 2023 The Domino Effect of Rent Stabilization in New York NY Real Estate Journal 2020 Ones to Watch NY Real Estate Journal · 2020
Get in Touch

Contact

For inquiries regarding investments, partnerships, or projects.