Went into contract, looking for 1031 properties.

[David Edelstein]

I just went into contract on the sale of a NYC apartment and am looking for suitable 1031 replacement properties. I'm interested in multi-family properties within 2-hours of NYC, especially in Wilkes-Barre / Scranton area as well as anywhere along the I-80 corridor from NYC to PA. Will have $1 mill cash, interested in leveraging it to maximize cash flow. Ideally looking for 10-11 cap rates. 

[Alan Kline]

Hi David,

I just sent you a message.

[Adam Guiffrida]

David, let me know if you have interest in a multi-family portfolio. I have student housing near University of Scranton and renovated multi-families in Scranton's Hill Section which caters towards young professionals. 

I should be at at least around a minimum of 12-13 cap

[David Edelstein]

Adam, definitely interested, please send to my email. I also sent you a BP message. Thanks!