I am a NY State RE broker and have a client who has under contract a 10 unit apartment building on Creston Avenue in the Bronx. They're backing out of the deal but will sell the assignment of the contract to cover their expenses.
The basics:
10 3 bdrm units + 1 unit in basement for super
5 story walk up in University Heights/Fordham Manor
3 minute walk from either 4 or B/D trains
12,750 sq ft
Solid construction – structural engineer inspected building with me.
Boiler/electric 6 years old
Short Sale
Multiple HPD violations
Several DOB and ECB violations
Bank approved $650,000 purchase price
Assignment fee - TDB
All units need at least 10k worth of rehab but bones and major utilities are solid.
The sale must be brokered through me because contract and broker agreement have been signed and are part of the assignment.
Serious buyers only. Price is solid, no negotiating. Sold as is.
646 436 7083
kirknoreen@gmail.com
Replies
Kirk,
Hello. Please include me on future scenarios.
Thanks
Joel
732-598-0351