All Forum Posts by: Chris Terborg

Always up for a JV ....email me [email protected] or send me dm for direct contact information ℹ

I do!! Email me [email protected] 

EAST HARLEM

152 E 106th st ny NY

20 × 80

R7-2/ C 1-4

Tax Abatement 421a available

Approved plan to build 10 apartments + 1 store

8 one bedrooms

2 two bedrooms

1 commercial/retail store

Perfect for developers

Asking price : $2M

Seller is motivated and open to all offers, please serious offers only.. 

Amarillo Deal Summary

Property: 3602 E Amarillo Blvd, Amarillo, TX 79107

Current Market Value: $1,523,148.76 (7.26% cap rate)

Stabilized Value: $1,846,644

Selling Price: $995,000

Value-Add Potential – Kitchenette Addition

• Plan: Install 12 kitchenettes across remaining units

• Cost: $125,000 (materials & labor)

• Projected Rent Increase:

• 21 Studio Units: $813/month = $17,073

• 2 One-Bed Houses: $1,904

• Total Gross Rent: $18,977/month

Financial Projections

• Adjusted NOI (90% occupancy, 40% expenses): $11,172/month

• Annual NOI: $134,064

• Projected Valuation (at 7.26% cap rate): $1,846,611

570 Western Avenue, Albany

PROPERTY DESCRIPTION

25 units largely occupied on Western Avenue in Albany. Property is located in the Pine Hills section of Albany and has private off street parking. Located near bus line, highways, employment and dining.

PROPERTY HIGHLIGHTS

Pine Hills Area

Off Street Parking

Largely occupied

Taxes Approx $27,000.00

85% occupied

Number of Units: 25

Lot Size: 8,626 SF

Building Size: 8,440 SF

38 S Main Avenue, Albany

PROPERTY DESCRIPTION

21 units NYC style apartments. 5 story walk up building, non-working elevator in place. Street parking. Great Albany neighborhood near St Rose Campus. Near bus line, restaurants

and places of employment. Little vacancy with quick turnover of

tenancy.

PROPERTY HIGHLIGHTS

Pine Hills area of Albany

Near St Rose Campus

Walk up building

1-2 bedroom units

Taxes Approx $36,000.00

100% occupiedNumber of Units: 21

Lot Size: 7,371 SF

Building Size: 14,780 SF

Asking Price: $4.5M Cap Rate: 9.9% Cap NOI: $440K

1. 671Union Ave., Westbury Land $198,000.00
2. 1 Anchorage Way, Apt 1101, Freeport Occupied / COOP Coming Soon
3. 503 Nassau Ave., Freeport Vacant, fully renovated Raised House $1,208,888.00 

4. 554 8th Ave., New Hyde Park, NY Vacant $699,000.00
5. 855 E Broadway, 6A, Long Beach, NY Occupied $350,000.00
6. 22 Brookville Rd. Muttontown, NY Vacant, Fully renovated $2,500,000.00

7. 211 Sunnyside Rd., Oceanside, NY Vacant /Renovated $949,000.00
8. 1112 Jackson Pl., Baldwin, NY Vacant, Renovated $699,000.00

9. 1 Saratoga St., Lido Beach, NY Vacant / Fully renovated $1,200,000.00

10. 66 Alhambra Rd., Massapequa Waterfront Land New Construction $450,000.00 $1,200,000.00
11. 49 Ridge Road West, Sag Harbor Coming Soon
12. 49 Bay View Drive, Sag Harbor Coming Soon
13. 8 Barstow, #4F, Great Neck, New York Occupied COOP Coming Soon
14. 135 Post Ave., #6L Westbury, NY Vacant Condo $395,000.00
15. 351 E Meadow Ave, East Meadow Occupied / February 2/22 vacant $650,000.00

16. 7 Elm St., Freeport Sub-division – Two Lots $700,000.00
17. 33 6th Ave., Massapequa, NY New Construction, Coming Soon $1,200,000.00 

18. 51 Vinton St., Long Beach, NY Vacant $675,000.00
19. 119 Broadfield Road, Hempstead, NY Vacant $599,000.00 – As Is
20. 964 Lydia Pl., Baldwin, NY Occupied $750,000.00
21. 3350 Colony Drive, Baldwin, NY Vacant $699,000.00
22. 2346 Fowler St., N Bellmore Vacant / As-Is $799,000.00 

23. 3068 Xavier Place, Oceanside Occupied $695,000.00 with tenant
24. 26 Linwood Road S., Port Washington, NY Vacant $845,000.00
25. 15 Southwick Court, Plainview, NY Vacant Off Market / Offers being accepted for as-is condition $1.5
26. 141 Oak Avenue, Hempstead Vacant $499,000.00 – As IS
27. 41 Perry St., Hempstead Vacant $500,000.00 Uniondale Schools
28. 3200 Lydia Lane, Bellmore Occupied As IS $899,000.00
29. 300 Branch Avenue, Freeport Occupied $599,000.00 As-Is / With tenants
30. 22 Peacock Lane, Levittown Vacant AS-IS $750,000.00
31. 15 Bayview St E, Massapequa Vacant AS IS $599,000.00
32. 568 Park Avenue, West Hempstead Occupied/ As-Is with Tenant $750,000.00 / Vacant  $900,000.00
33. 63 Anchor Lane, Levittown Occupied/As-Is with Tenant $699,000.00

34. 12 Hempstead Ave., #3C, RVC COOP TBD
35. 51 Dewitt St., Valley Stream Single family / Occupied /As-IS $550,000.00
36. 77 Virgina Avenue, Hempstead Single family/Occupied /As-Is $499,000.00
37. 174 Babylon Turnpike, Merrick Single Family/Occupied/As-IS $650,000.00
38. 9 Grayston St., Westbury, NY Single Family/VACANT/As-IS $599,000.00

39. 210 W End Avenue, Freeport –8D Cooperative Unit / Vacant $350,000.00
40. 480 Hopatcong Avenue, West Hempstead Occupied / As-Is $650,000.00

Still availalbe?

Sold.... I may another 59 Hemlocks- Roslyn for 1.3 but is occupied not sure what the issue is but if you would like to know please shoot me an email clmanagementny@gmail. 

I have other Short sales in Long Island ready to move fast

41 Edgeworth Street, Valley Stream, NY 11581 (Foreclosure)

Delivered Vacant

4 Beds

2 Baths

Taxes: $14,029

659k price

Fix and flip or buy and hold.

35 Andrew Ave Islip Terrace, NY 11752

Main house

3 Beds

1.5 Full bath

Also has a 5 car garage with a loft and separate meter. Garage on CO.

Currently vacant

Showing upon request

Asking 535k CASH