I have a few questions and points, which I'll ask below, but this is definitely a question for a NYC based real estate attorney who is educated and experienced with both evictions and rent stabilization.

Originally posted by @Mia Shlomit: Alas - the new ordinance turned this property too into a rent stabilized one. 

Quote from @Jacob Sherman: What type of loan products are you in the market for ?  

My goal is to acquire and stabilize these larger properties using private lending to fund down payments and renovations while executing a BRRR strategy.I’d love to connect with private lenders or experienced investors who’ve used private capital for similar deals.

Definitely a more niche type of product, but, incredibly useful, especially across the Midwest where many rental properties are less than 100k.

If interest rates stabilize or your property value has increased, you might secure a better monthly payment.

But prices don’t always drop right away; they often stabilize as buyers and sellers adjust.For multifamily, rising rents in many markets have helped keep prices steady because higher rents mean better cash flow.

Can you email me with some investment products you were mentioning above?

What type of strategy do you intend to stabilize with?

We are seeing great appreciation and stability in the city right now.