NY SpaceHood

05/28/2024

STUNNING ROOMS FOR RENT

Washington Heights : $1,050-$1,250 monthly. ROOMMATES WANTED !!! AVAILABLE FOR JUNE 15TH *** ROOM A - $1250 ( king bed size , desk , 2 closets ,...

08/08/2023

Presents the sale of 2915 Le Salle Avenue located in the Pelham Bay sector of the Bronx. The property is a legal 5 unit building that is 100% occupied producing a gross yearly income of $112,200. In order to increase the rent, ownership is delivering 3 units vacant upon closing.

Unit Layout: Four - (one) bedrooms and one Studio
Building SF: 3,900
Lot: 25 X 100

Pricing: $1,350,000
Pro-forma NOI: $116,836
Pro-forma Cap: 8.65%

Contact us for more information!
Reyes & Elsamad RE Group
[email protected]

08/02/2023

Presents the sale three recently built multi-family properties. In this portfolio, we have a total of 96 apartments and 3 commercial spaces. Features include elevators in each property, roof-decks, each building has laundry, and parking facilities (except at 469 Convent). All these properties have brand new 421A tax 35-year abatements. Somers Street and Convent Street are completely vacant as they are waiting approval from the city to receive a temporary certificate of occupancy. We would need to lease the free-market units prior to closing in order for you to achieve financing. Contact me for more information.

931 East 179th Street, Bronx NY: Price: $11,950,000
37 Units & 1 Commercial
New Construction
70% occupied, waiting on affordable housing units to be occupied
Cap Rate: 7%

15 Somers Street, Brooklyn NY: Price Inquire
39 Units & 2 commercial
New Construction
Vacant, waiting on TCO
Proforma Cap Rate: 6.1%

469 Convent Ave, Hamilton Heights, NY: Price Inquire
20 units
New Construction
Vacant, waiting on TCO
Proforma Cap Rate: 6%

Reyes & Elsamad Group
Contact AURELIAN : [email protected]

08/02/2023

Presents 41-17 Crescent Street, located one block away from the Queensboro Plaza Train Station, is a can't miss opportunity for you to place your next restaurant. The space measures on the ground floor 5,000 SF while the cellar is 2,500 SF. We are looking for an experienced operator who can turn this location around. The space has a fully functioning kitchen, walk-in freezer, cast-iron based tables, chairs and bar-stools, HVAV system, private offices and lockers. The property also was approved for a full-liquor license. Contact me for more information.

Lease: 10 or 15 years straight is agreeable
Asking Rent: $30,000 / month
Space: 7,500 SF @ $48 PPSF

Reyes & Elsamad Group
Contact Aurelian : [email protected]

07/20/2023

Sale of 942 Grand Street, Brooklyn NY. This single story warehouse is 100% occupied by a single tenant with a double net lease. The tenant ( Interboro Brewery )has a lease till October 2025. The property has been renovated to accommodate the current tenant's business such as full HVAC, sprinkler system, bathrooms, 3-phase electric, floors and much more.
Contact us for more information.

Property Metrics
Building SF: 5,533
Lot Dimensions: 49.65 X 111.45
Zoning: M1-2
Total Buildable: 11,066
Ceiling Height: 15 feet
Sprinklered: Yes
HVAC: Yes
Environmental: Clean

Asking Price: $3,250,000
PPSF: $587

Reyes & Elsamad
Contact : [email protected]

06/14/2023

The time doesn’t wait for no one