1. Distressed commercial properties in the New York City area (the 5
boroughs, Westchester, Nassau, Suffolk, Rockland, Northern,NJ ,
Orange, Lower Conncectiut, Multi Fams, and Office buildings. Priced
below market. All cash buyer. Minimum $4MM.
2. Multi tenant NNN leased with min 10% cap ( prefer NYC area)
3. 30 - 100 acres for sleepaway camp 90 minutes from Manhattan. Max
$3MM
4. Land or Building that meets power requirements for data center in
Rockland or Orange County, NY
5 HUD Multifams anywhere
6. within the NY Metropolitan Area (retail properties and office
buildings), I’m looking at any size deal (sq ft or price wise) with
high cap rate (8% or more) or vacancy upside. Mixed uses (for
example, commercial and residential) only in NYC are ok as well.
same client: Outside NY Metro Area (out-of-state), we also look at
Office Buildings (any size) and Retail Properties (any size) with min
11% cap rate (actual) and Shopping centers with min 100k sq ft and min
11% cap rate (actual). I also look for staggered lease expirations
within the rent rolls. all cash buyer.