PORTFOLIO PURCHASE: 27-35 MADISON ST & 31-35 ST.JAMES PL.NYC
Subject: Building Breakdown
1. 35 Madison St.
1,000 sq ft retail space first floor
Three- 3 bedroom apartments (1F, 2F and 3F)
Approximately less than 1,000sqft each
Building Dimensions 25×80
Lot sq ft 2,000
Far as built 3.66
Max use able 6,880
Use able 6,920
2. 27-33 Madison St.
Funeral Parlor- 14,955 sq ft built
6,900 sq ft available
19,267 sq ft use able
Far 2.67
Max Far 3.44
Building dimensions 80×76
Lot sq ft 5,601
Six- 2 bedroom units
(approximately 800 sq ft each)
3. 35 St. James Pl.
Vacant 1,250 approximate sqft total
4. 31-33 St. James Pl.
3 units consisting of:
Unit 1- 2 bedroom loft approximately 800sqft
Unit 2- Studio approximately 450-500 sq ft
Unit 3- 2 bedroom approximately 800 sq ft
5. 35 Madison St (Rear-side)
Eight units all 1 bedroom
approximately 450-sqft each
*Tenants pay their own electric. * All 3 buildings are on 1 boiler. * The other questions you can find out during DD.
19,267+6,920=26,187 sq ft Buildable
Asking is 14,000,000
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1. 444 APARTMENT UNITS ON 20 ACRES @ Atlanta, Georgia 30354
The subject property is a 500,000 +/- sq. foot apartment complex consisting of twenty-seven brick and siding buildings in a chalet style. The majority of the units are large two and three bedroom units, many of them town homes. The complex is gated with a security booth and can be set up as a full security building. The complex sits on twenty-two flat acres, off the main street. The project is in close proximity to the Hartsfield / Jackson international Airport and other major employers and is in high rental demand. The current rents are well below market, and the property will benefit greatly from new management. The property is generally in average condition but could benefit from a moderate facelift like exterior paint, shutters, landscaping.
The property is currently 13% occupied with 364 “down” units which can be brought on line for between $5,000 and $12,000 each. Estimated total renovations of $3,000,000.
Priced at $6,000,000 price, $13,500 per unit
$12,000,000 after rent up value
2. 255 APARTMENT UNITS ON 20 ACRES @ Decatur GA. 30034
The subject property is a 255,000 sq. ft gated community with security guard and booth complex consisting of fifteen vinyl and wood siding buildings. The units have a strong mix of mostly two bedrooms and three bedroom apartments. The complex sits on twenty flat acres, at the end of a long private road off of the main street. The project is in close proximity to the DeKalb Mall, other major employers, public transportation, and is in high rental demand.
The property is 25% occupied. The current rents are well below market, and the property will benefit greatly from new management. The property is in average condition and not in a position to receive conventional financing.
After renovation value of $8,000,000
Offered at below market value price of $6,500,000, at $25,500 per unit
3. 168 APARTMENT UNITS ON 8 ACRES @ Atlanta GA. 30311
The subject property consists of 13 brick and siding buildings totaling nearly 168,000 square feet of living space on 8 acres. The units are all huge two bedrooms one bath apartments of approximately 1000 sq ft each. The property is in a very quiet neighborhood, less than ten minutes from downtown Atlanta and Hartsfield / located in a very quiet neighborhood, less than ten minutes from downtown Atlanta and Hartsfield / Jackson international Airport. The property is in close proximity to schools, shopping, and transportation. The immediate neighborhood is stable and nice, consisting of single family homes and small income producing properties. The property is within five minutes of Interstate 285, and a short walk to bus lines. The closest project to the subject is a large condominium complex that is well maintained and fully occupied.
All units are vacant and in a need of renovation. The after repair / rented up value is conservatively estimated at $ 7 ,500,000
Asking Price: $3,000,000 ($17,850 per unit)
LOI and POF required for any address or any additional information. No exceptions!!!
Brokerage fee of 2% Paid by buyer.
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32) 98-15 24 Ave East Elmhurst, Queens 11369
Asking Price: $450,000 + Buyer pays Broker Fees (AS IS ALL CASH)
VACANT
One Family. Fire Damage. Excellent location!
Lot Size: 26 ft x 100 ft
Building Size: 16 ft x 33.33 ft
Taxes: $5,189
Zoning: R3-1
33) 434 Nassau Road, Roosevelt, NY 11575
Firm Price: $340,000 plus buyer pays broker fees (ALL CASH)
Mixed Use, Corner HUGE building
Store is Vacant and Two Apartments Occupied (Under Eviction)
Lot size: 8800 sqft
Building size: 2925 sqft
1) 32-34 96 St East Elmhurst, Queens NY 11369
Asking Price: $749K (SOLD AS IS ALL CASH)
Occupied
Legal Two Family House (Basement is Legal) We have permit
Lot Size: 20 ft x 100 ft
Building Size: 20 ft x 40 ft
Taxes: $4,700
Zoning: R4
2) 157-33 Rose Ave, Kissena Park Flushing, Queens NY 11355
Firm Price: $849K plus Buyer pays Broker Fees (SOLD AS IS ALL CASH)
VACANT. ACCESS AVAILABLE.
One Family Brick. 4 bedrooms. 3 bathrooms. Basement. Driveway.
Lot Size: 40 ft x 100 ft
Building Size: 27 ft x 47 ft
Taxes: $7,744.17
Zoning: R2A
3) 234 Ralph Ave, Babylon Suffolk, NY 11702
Great Deal For First Time Home Buyers!!!!
Asking Price: $379K (Regular Deal) with Mortgage
Vacant. Access available.
Single family, detached. 3 Bedrooms, 2 Bathroom, Formal Dining, Ranch Style. Full Finished Basement with separate entrance and a Huge Deck. 100% Renovation Done. Built 1965.
Lot Size: 8,999 sqft. (60 ft x 150ft)
4) 304 A Sumpter Street, Ocean Hill, Brooklyn, NY 11233
Firm Price: $519,000 + Buyer pays Broker Fees (AS IS ALL CASH)
OCCUPIED
Two Family House
Lot Size: 20 ft x 100 ft
Building Size: 20 ft x 25 ft
Taxes: 1365.65
Zoning: R6
5) Hidden Ridge at Syosset Condominium 1,33 The Mews (Unit 33), The Mews , Syosset Nassau NY 11791
RENTAL!!!!
RENT: $3500 PER MONTH plus 1 month security
Credit Score and income proof is required.
2000 sqft Condominium with basement. 3 bedroom 2 and a half bath. Two car parking with access to all the facilities including gym, swimming pool and tennis court. Gated Facility. Duplex House. Three bedrooms, two and a half bath (including Jacuzzi). Huge backyard and deck. Two reserved parking. Huge basement-washer dryer. Gated Community. Facility includes- health club, tennis, swimming pool, party hall, etc.
6) 54 Fig Street Central Islip, Suffolk 11722
Asking Price: $179,000 + Buyer pays Broker Fees (AS IS ALL CASH)
OCCUPIED
One Family Year-Round Residence, 3 beds and 1 bath. This Single-Family Home located at 54 Fig Street, Central Islip, NY, has a lot size of 0.5 acres. The average list price for similar homes for sale is $290K. This property is in the 11722 ZIP code in Central Islip, NY. Estimated current market value after rehab is $310K.
Lot Size: 0.5 Acres
Taxes: $9,881.54
7) 130-30 130 St, Queens, NY 11420
Firm Price: $329K plus Buyer pays Broker Fees (SOLD AS IS ALL CASH)
VACANT. Access Available.
Two Stories Detached House
Lot Size: 20 ft x 100 ft
Building Size: 15 ft x 65 ft
Taxes: $2,988.83
Zoning: R3-2
8) 892 Eagle Ave Woodstock, Bronx 10456
Firm Price: $119K + Buyer pays Broker Fees (AS IS ALL CASH)
VACANT LAND!!!
Lot Size: 18.75 ft x 100 ft
Taxes: $203.56
Zoning: R6
9) 199-03 100th Ave Hollis, Queens 11423
Firm Price: $359K + Buyer pays Broker Fees (AS IS ALL CASH)
OCCUPIED. NO ACCESS.
Two Stories Detached (A1)
Lot Size: 40 ft x 100 ft
Building Size: 24 ft x 32 ft
Taxes: $4,832.77
Zoning: R3A
10) 255 Woodbury Rd Oyster Bay, Nassau 11801
Asking Price: $350K + Buyer pays Broker Fees (AS IS ALL CASH)
OCCUPIED
One Family Year-Round Residence. One Story. 3 beds and 2 baths.
Lot Size: 60 ft x 100 ft
Building Size: 1,520 sqft
Taxes: $8,698.26
11) 89-83 215 Street Queens Village, Queens 11427
Asking Price: $469,000 plus Buyer pays Broker Fees (AS IS ALL CASH)
VACANT. ACCESS AVAILABLE.
Two Stories Detached (A1)
Lot Size: 33 ft x 100 ft
Taxes: $4,624.91
Zoning: R2
12) 41 South Central Ave Valley Stream, Nassau 11580
Asking Price: $269K + Buyer pays Broker Fees (AS IS ALL CASH)
NO ACCESS, DRIVE THROUGH ONLY
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Maspeth Queens
6 apartments, one warehouse
54-01 flushing ave
54-19 Flushing Ave.Two separate lots
54-01 flushing ave, 3 stories
6 apartments, one warehouse
6 apartments all one bedroom
Total income per year $93,600
Lot size 37x130
Building size 25x50
Sqft 5750
Zoning M1-1
Re tax 35,620.00
54-19 Warehouse, vacant now
Lot size 70x115, Building size 50x90 M1-1. Re tax 25,078
Zoning m1-1.
Asking $6.6m plus commission
