All Forum Posts by: Ben Hedvat

Investment Info:

Townhouse fix & flip investment.

26 Pilling Street is a multi-family townhouse located in the Bushwick neighborhood of Brooklyn, New York. Built in 1905, this property features a total of 2,832 square feet of living space, divided into two units. The first unit is a four-bedroom, three-bathroom duplex, while the second unit is a two-bedroom duplex. Both units showcase exposed brick aesthetics and chic finishes, contributing to a spacious and inviting atmosphere.

What made you interested in investing in this type of deal?

I was particularly drawn to this deal because of the strong growth potential in Bushwick, Brooklyn. The neighborhood has seen a lot of revitalization in recent years, with an increasing demand for both residential and rental properties.

Investment Info:

Townhouse fix & flip investment.

159 W 129th St is a multi-family building located in the heart of Harlem, New York. Constructed in 1910, this property features a total of 2,793 square feet of living space.

Investment Info:

Townhouse fix & flip investment.

123 W 132nd St is a historic townhouse located in Harlem, New York. This single-family residence spans approximately 4,250 square feet and features 5 bedrooms and 5 bathrooms.

Investment Info:

Townhouse fix & flip investment.

217 W 131st St, New York, NY 10027, is a historic townhouse located in the vibrant Harlem neighborhood of Manhattan.

What made you interested in investing in this type of deal?

I was drawn to this deal because of the location in Harlem, which has seen a significant revitalization in recent years. The area is rich in history and culture, and with ongoing investment and development in the neighborhood.

How did you find this deal and how did you negotiate it?

I found this property through my network of local real estate professionals. I’ve built relationships with brokers who specialize in Harlem, and one of them brought this off-market deal to my attention.

How did you add value to the deal?

I added value to this property by preserving its original architectural features while modernizing the interior. Townhouses like this one in Harlem have a lot of character.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I buy most of my deals off-market, and for this particular property, I worked with a trusted broker who specializes in Harlem real estate.

Investment Info:

Townhouse fix & flip investment.

109 W 132nd St, New York, NY 10027, is a meticulously renovated brownstone townhouse situated in the heart of Harlem.

What made you interested in investing in this type of deal?

Harlem is undergoing a significant transformation, and properties like this one, which offer both historical significance and modern amenities, are in high demand. The location is key, with easy access to transportation, parks, and the rich cultural heritage of the area.

How did you find this deal and how did you negotiate it?

I found this property through my network of local real estate professionals and direct outreach.

How did you add value to the deal?

I focused on adding modern luxury amenities to increase the property’s appeal to the high-end market. I incorporated smart home technology, such as automated lighting, heating, and security systems, which is highly desirable in today’s market.

Investment Info:

Single-family residence fix & flip investment.

12 Lincoln Street is a single-family home located in Sag Harbor, NY 11963. Built in 1961, this residence offers 4 bedrooms and 2 bathrooms within approximately 1,500 square feet of living space. Situated on a 0.52-acre lot, the property provides a spacious environment.

Investment Info:

Single-family residence fix & flip investment.

176 Wildwood Road is a single-family home located in Sag Harbor, NY 11963. This residence features 3 bedrooms and 3.5 bathrooms, encompassing approximately 1,700 square feet of living space.

What made you interested in investing in this type of deal?

I saw this property as a prime value-add opportunity. The lot size, the pool, and the quiet cul-de-sac location provided great bones, and with the right upgrades and modern touches, it could command a much higher price in the competitive Hamptons market.

How did you find this deal and how did you negotiate it?

I’ve built strong relationships with local agents and other investors in the Hamptons, which helped me discover this off-market property. I work with agents who know my buying criteria, and they bring deals to me before they hit the public market.

How did you add value to the deal?

I added value to the property by focusing on key renovations that aligned with the tastes of Hamptons buyers. I updated the kitchen with high-end appliances, installed custom cabinetry, and added modern finishes throughout. The bathrooms received a luxury makeover with marble countertops and custom fixtures, while I also reconfigured the layout to create a more open and inviting space.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I typically focus on off-market deals, so I didn’t work with an agent to find this property. However, I do rely on my trusted network of local professionals for different parts of the process.

Investment Info:

Single-family residence fix & flip investment.

Investing in single-family residence fix-and-flip projects in New York involves purchasing distressed or undervalued single-family homes, renovating them, and selling them at a profit.

What made you interested in investing in this type of deal?

The Hamptons is one of the most desirable real estate markets in the U.S., known for its upscale appeal and strong demand for vacation homes.
Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.

he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

How did you find this deal and how did you negotiate it?

I found this deal as an off-market property through my local network in the Hamptons. I’ve built strong relationships with agents, contractors, and other investors in the area, and one of my contacts informed me that the owner was considering selling but hadn’t listed the property yet. The owner was motivated due to personal circumstances and wanted to avoid the hassle of listing the property publicly.

How did you add value to the deal?

I focused on high-impact renovations that aligned with the expectations of Hamptons buyers. This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel

Lessons learned? Challenges?

Understanding the preferences of the Hamptons luxury market is essential. Buyers expect premium finishes, so skimping on quality can hurt resale potential. Investing in features like high-end appliances and modern designs yielded a higher ROI.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I prefer to source all my deals off-market, which allows me to find properties with less competition and negotiate directly with motivated sellers. While I don’t typically work with real estate agents to find deals, I do collaborate with other professionals throughout the process.

Investment Info:

Single-family residence fix & flip investment.

Investing in single-family residence fix-and-flip projects in New York involves purchasing distressed or undervalued single-family homes, renovating them, and selling them at a profit.

What made you interested in investing in this type of deal?

The Hamptons is one of the most desirable real estate markets in the U.S., known for its upscale appeal and strong demand for vacation homes.
Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.

he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

How did you find this deal and how did you negotiate it?

I found this deal as an off-market property through my local network in the Hamptons. I’ve built strong relationships with agents, contractors, and other investors in the area, and one of my contacts informed me that the owner was considering selling but hadn’t listed the property yet. The owner was motivated due to personal circumstances and wanted to avoid the hassle of listing the property publicly.

To negotiate the deal, I started by understanding the seller’s priorities. They were looking

How did you add value to the deal?

I focused on high-impact renovations that aligned with the expectations of Hamptons buyers. This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel

Lessons learned? Challenges?

Understanding the preferences of the Hamptons luxury market is essential. Buyers expect premium finishes, so skimping on quality can hurt resale potential. Investing in features like high-end appliances and modern designs yielded a higher ROI.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I prefer to source all my deals off-market, which allows me to find properties with less competition and negotiate directly with motivated sellers. While I don’t typically work with real estate agents to find deals, I do collaborate with other professionals throughout the process.