NY RICH INC. Real Estate Investments
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NY RICH INC & ASSOCIATES REAL ESTATE TEXAS & FLORIDA

HOUSTON TEXAS PROPERTIES

2 BUILDINGS 25 UNITS B CLASS IN WEST HOUSTON, TEXAS

FOR SALE  $4,000,000


IT NEEDS  $5,000 - $10,000 IN REHAB

LAND SQ FT  28,588

BLDG SQ FT  22,464

2 BED/2 BATH UNITS  11

1 BED UNITS 1 EFF   13

IT NEEDS  $5,000 - $10,000  IN REHAB


We have 25 units B class built in 2014 in West Houston. This complex has 2 buildings with security cameras and gated access. All units have been rehabbed and rents need to be increased. There are 11, 2 bed/2 bath units, 13 1 bed/1 bath units and 1 efficiency. Tenants can rent washers and dryers for an additional $30 a month or provide their own. No work is needed at this time to any of the units and they are 100% occupied. NO OWNER FINANCING OR SUB2 ON THIS DEAL. A POF OR PRE-APPROVAL LETTER IS REQUIRED TO GET THE ADDRESS. NO EXCEPTIONS. 

 $40,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


WE HAVE 5 UNITS IN THE HEIGHTS FOR $865,000!!!


WE HAVE 11 UNITS IN CHANNELVIEW COMING UP THIS WEEK THAT ARE REHABBED AND VACANT!!!!


WE HAVE THE 22 ACRES IN MELISSA,TX AVAILABLE!!


THE 280 UNIT COMPLEX BUILD IS STILL AVAILABLE IN RICHMOND


WE HAVE THE 20,34 AND THE 2, 7 UNITS AVAILABLE!!!!


THE MOTELS ARE AVAIALBLE!!!!!


THE LARGE STRIP CENTER IS AVAILABLE!!!!***********


CAN PROVIDE PHOTOS & FINANCIALS

Apartment Building

54 UNITS IN PAMPA,TX WITH LOW OCCUPANCY, VALUE ADD

FOR SALE $2,250,000

 

LAND SQ FT   17,990

BLDG SQ FT   34,257

1 BED/ 1 BATH   46

2/1--3/2    7--1

IT NEEDS  $25,000 - $35,000  IN REPAIRS


 We have a 54 unit complex in PAMPA, TX  Which is Northeast of Amarillo. It currently has 13 vacancies and needs some TLC.  The flooring has been done in a majority of the units and they have flooring to complete most, if not all the remaining units. POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS.

BELOW IS A SLIDESHOW OF THE PROPERTY

https://www.asteroom.com/pviewer?hideleadgen=1&token=kFPZCAlz1EqPd6WVi8sHHQ

$20,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


WE HAVE 11 VACANT/REHABBED UNITS IN CHANNELVIEW COMING OUT THIS WEEK!!


WE HAVE 5 UNITS IN THE HEIGHTS FOR $865,000!!


WE HAVE 22,28 AND 7 UNITS AVAILABLE!!!!


THE LARGE STRIP CENTER IS AVAILABLE!!!!***********


CAN PROVIDE PHOTOS

34 UNITS EAST OF DOWNTOWN HOUSTON,TX VALUE-AD ASSUMABLE NOTE

FOR SALE $2,100,000

LAND SQ FT  50,760

BLDG SQ FT  11,916

EFFICIENCY  30

1 BED/ 1 BATH  4

IT NEEDS   $20,000-25,000 IN REPAIRS


 We have a 34 unit complex east of downtown Houston outside loop 610. There are 34 efficiency units and 4, 1 bed 1 bathroom units. All units have granite countertops, renovated bathrooms with new tubs. They also have new flooring and paint. Roofs are in good shape. There is room to raise rents. The owner has put a lot of money into this complex and there is still plenty of VALUE ADD to do. Rents can be raised and some cosmetic work can be done. POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS

$20,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP

WE HAVE 11 VACANT/REHABBED UNITS IN CHANNELVIEW COMING OUT THIS WEEK!!


WE HAVE 5 UNITS IN THE HEIGHTS FOR $865,000!!


WE HAVE 22,28 AND 7 UNITS AVAILABLE!!!!


THE LARGE STRIP CENTER IS AVAILABLE!!!!***********

5 UNITS IN THE HEIGHTS WITH LOW RENTS

FOR SALE $850,000

 LAND SQ FT  5,000 

BLDG SQ FT  3,644

2 BED/2 BATHS   1

1 BED/1 BATH   4

IT NEEDS  $5,000-$8,000 IN REHAB


We have a 5 unit property built in 1946 in the Houston Heights. There are 4, 1/1's and 1, 2/2. The units are in original condition and rents can be raised. The seller bills back the water and the tenants pay the electric. A POF OR PRE-APPROVAL LETTER IS REQUIRED TO GET THE ADDRESS. NO EXCEPTIONS. NO OWNER FINANGING OR SUBTO ON THIS DEAL.

$10,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


WE HAVE 22,28 AND 7 UNITS AVAILABLE!!!!


THE LARGE STRIP CENTER IS AVAILABLE!!!!***********

--------------------------------------------------------------

 

 *** SINGLE FAMILY FIX AND FLIP LAMARQUE, TEXAS ***


FOR SALE $95,000


LAND SQ FT  7,000

BLDG SQ FT  1,504

BEDS  3

BATHS  2

IT NEEDS  $45-$55,000  IN REHAB


WE HAVE A NICE 3/2, 1,504 SQUARE FEET HOUSE IN LAMARQUE FOR SALE. THE HOUSE NEEDS A FULL RENOVATION AND WE HAVE ESTIMATED $45-$50,000 IN REPAIRS. IT WILL NEED PAINT, FLOORING, CARPET, TILE, KITCHEN & BATHROOM REMODELS ARV PTS THE RESALE BETWEEN $195,000 - $200,000

POF OR PRE-APPROVAL LETTER IS REQUIRED TO GET THE ADDRESS. NO EXCEPTIONS. NO OWNER FINANGING OR SUBTO ON THIS DEAL.

$5,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP

WE HAVE THE 80 ACRES HUFFMAN AVAILABLE!!

THE 280 UNIT COMPLEX BUILD IS STILL AVAILABLE IN RICHMOND

WE HAVE THE 20 UNITS IN PASADENA AVAILABLE!!!!

WE HAVE THE 34 UNITS IN EAST HOUSTON AVAILABLE!!!

THE LARGE STRIP CENTER IS AVAILABLE!!!!***********


Ultra Rare Maitland Duplex, Florida

Investor Price: $290,000 *

    24 bed 12 bath 7920 sq ft Built in 1964        Multi-family  

  •  Rental Income $1,800 mo. / $21,600 yr.
  • Closing Costs to Buy $4,500
  • Rehab Projection $13,000
  • Utilities $300
  • Property Insurance $2,000 / yr.
  • Estimated Taxes $2,084 / yr.
  • Property Management $3,120 / yr.
  • Maintenance $250 / yr.
  • HOA Dues $0 / yr.
  • $14,146  ProjectedIncome
  • 4.60%  Estimated APY 

Waterfront Condo St. Petersburg, Florida

Investor Price: $359,900 *

       2 bed 2 bath 1290 sq ft Built in 1976 Condominium   

  •  After Repair Value $489,900I
  • Closing Costs to Buy $10,525
  • Rehab Projection $33,220
  • Utilities $1,345
  • Closing Costs to Sell $22,045
  • $62,865  Projected Income
  • 14.72%  Estimated ROI 

South Saint Pete Easy Flip, Florida

Investor Price: $249,900 *

        2 bed 1 bath 717 sq ft Built in 1930 Single Family 


  •  After Repair Value $249,900
  • Closing Costs to Buy $3,000
  • Rehab Projection $28,450
  • Utilities $500
  • Closing Costs to Sell $11,250
  • $41,700  Projected Income
  • 20.03%   Estimated ROI 

Single Family Pool Flip, Brandon, Florida

Investor Price: $279,900 *

        3 bed 2.5 bath 1635 sq ft Built in 1986 Single Family 


  • After Repair Value $399,900
  • Closing Costs to Buy $2,500
  • Rehab Projection $48,000
  • Utilities $500
  • Closing Costs to Sell $18,000
  • $51,000  Projected Income
  • 14.62%   Estimated ROI 

Englewood Flip or Rent, Englewood, Florida

Investor Price: $142,500 *

        2 bed 2 bath 1452 sq ft Built in 1987 Mobile Home  


  • After Repair Value $239,900
  • Closing Costs to Buy $3,198
  • Rehab Projection $34,225
  • Utilities $500
  • Closing Costs to Sell $9,996
  • $49,481  Projected Income
  • 25.99%   Estimated ROI 

Single Family Flip Sanderson, Florida

Investor Price: $80,000 *

        2 bed 1 bath 800 sq ft Built in 2005 Single Family 


  • After Repair Value $132,000
  • Closing Costs to Buy $3,000
  • Rehab Projection $14,750
  • Utilities $500
  • Closing Costs to Sell $5,940
  • $27,810   Projected Income
  • 26.69%   Estimated ROI 

Grand Reserve Condos 48 out of 384 Units Tampa, Florida

Price: $8,160,000

 

Tampa, Florida

‍

SALE PRICE

$8,160,000

PRICE PER UNIT

$170,000

PRICE PER SF

$173.88

‍

‍

INVESTMENT HIGHLIGHTS

  • 48-Unit Condo Portfolio out of 384-Unit Condo Community in Tampa, FL
  • Significant Upside with $41,000+ in Proven Loss-to-Lease, and $205+ Per Month in Average Rental Upside through Pro Forma Mark-to-Market Opportunity
  • Located in the Highly Desirable Carrollwood Suburb, Just 10-20 Minutes North of the Westshore Business District and Downtown Tampa
  • 1988-Vintage Garden Style Gated Community with Modern Amenities
  • 87.5% Two-Bedroom Two-Bathroom Floor Plans with In-Unit Washer/Dryer Connections
  • Excellent Opportunity to Implement Programmatic Light Value-Add as Majority of Interiors Feature a Mix of Upgrades to Cabinets, Flooring, Countertops, and Appliances
  • Amenities Include Clubhouse, Swimming Pool, Fitness Center, Tennis Courts, Laundry Facilities (W/D Connections in 2BR Units), Walking Trails, Gated Access & Assigned Parking

PLAZA FOR SALE Miami, Florida

Price: $11,750,000

 

 SOUTH MIAMI RETAIL 

 

 The newly renovated retail plaza is nearly fully leased with a co-tenancy which includes Salty Donut, Pura Vida and Fox's Sherron Inn. The property is comprised of approximately 10,815 SF between three retail buildings with a total lot size of approximately 17,530 SF. The property benefits from optimal high visibility and provides easy access to both pedestrian and vehicle traffic. The two retail buildings have an outdoor courtyard in the center perfect for hosting patrons.

The Property is located in South Miami on US1 at the gateway to Downtown with close access to the South Miami Metro Rail Station. It is 5 min away from the University of Miami and a few blocks from the Shops at Sunset Place, the Plaza San Remo and the newly build student housing The Standard.

SUMMARY

‍

SALE PRICE $11,750,000

‍PRICE/SF $1,086

‍BUILDING SIZE 10,815 SF

‍LOT SIZE 17,530 SF

‍CAP RATE 6.11%

HIGHLIGHTS

  • Iconic New Construction NNN Retail
  • Prime Downtown South Miami Location
  • Best In Class Tenants
  • Quality Demographics
  • Outstanding Visibility and Access with Ample Parking

ADDITIONAL PHOTOS

14 Units Miami Beach, Florida

Price: $3,300,000

   

Miami Beach 

 

 

Excellent Normandy Isle Location

Renovated Units

Impact Resistant Windows and Doors

Upside in Rental Income

Walking Distance from North Beach, Public Transportation, Restaurants, Shops and Grocery Stores

‍

Listing Price: $3,300,000

Cap Rate 4.71%

Number of Units 14

Occupancy 97.0%

Price/Unit $235,714

Price/Gross SF $501.98

Gross SF 6,574

‍

9 Units | Multifamily Property Fort Lauderdale, FL

Price: $2,061,000

PRICE PER UNIT

$229,000

PRICE PER SF

$311.33

NOI

$92,112 RSF

NUMBER OF UNITS

9

BUILDING SIZE

6,620 SF

CAP RATE

4.47%

LAND AREA

0.856 Acres

YEAR BUILT

1951

N Ocean Dr - Hollywood Beach Private Marina

Price: $7,900,000

 

FOR SALE MARINA WITH SHORT TERM RENTAL UNITS .
$7,900,000 ($453.40/SF)

  • Hard to Find Mini-Marina Resort with 334 Feet of Highway & Waterway commercial frontage 8 Slips for 45' to 75' Yachts or fit 16 smaller rental boats.

The four-lot marina features eight large boat slips that can accommodate 40’ to 60’ yachts as well as a six-bedroom mansion and four apartments.

2809 SW 6th St. Fort Lauderdale, Florida 33311

Price: $309,000

  • 4 Bedsrooms
  • 2 Bathrooms
  • 1316 Sq Ft
  •  cbs. Central a/c. 
  • Needs New Interior

427 NW 19th Ave. Fort Lauderdale, Florida 33311

Price: $309,900

  •  ‍3  Bedroom
  •  1.5  Bathroom
  •  1524 SF
  •  built 1954
  •  cbs. Roof in Good Condition 2013
  •  5 A/C Window Units
  •  Minor Rehab Needed
  • No HOA
  • Vacant


HOTEL WITH 23 Units, Miami, Florida

Price: $5,300,000‍*CASH & HARD MONEY BUYERS ONLY*

 

 11102 Biscayne Blvd Miami, FL 33181 

 Type: HOTEL
Bed: 23 Beds
Living Area: 9979 Sq. Ft
Year Built: 1951
AC: WINDOW UNITS
Construction Type: CBS
Status: Off Market‍----------------‍

THIS HOTEL WITH 23 KEYS IS LOCATED AT 11102 NE BISCAYNE BOULEVARD (U.S 1), MIAMI, FLORIDA 33181.

PER THE SELLER AND WITHOUT P&Ls IN MY HANDS, THE NET OPERATING INCOME  IS IN EXCESS OF $400,000 ANNUALLY. THE BUYER WILL GET EVERY SINGLE OUNCE OF FINANCIALS AND DUE DILIGENCE INFORMATION AND DOCUMENTATION  DUE TO THE BUYER.

---------------

TO MOVE FORWARD, THE BUYER AND OR THE SELLER TO SIGN THE ASSET SPECIFIC MASTER FEE AGREEMENT (DEPENDING ON THE EXECUTED PURCHASE PRICE), THE BUYER TO PROVIDE AN ASSET SPECIFIC LETTER OF INTENT TO INCLUDE THE PURCHASE PRICE, DUE DILIGENCE PERIOD, CLOSE OF ESCROW OF DATE AND THE AMOUNT OF THE EARNEST MONEY DEPOSIT THAT WILL BE ESCROWED ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT. THE BUYER TO PROVIDE A BUYER'S COMMERCIAL BIO OF COMMERCIAL ASSET HELD IN THEIR INVESTMENT PORTFOLIO.  THE BUYER TO PROVIDE A BUYER'S VERIFIABLE PROOF OF FUNDS IN THE FORM OF A BANK OR FUND STATEMENT OF ACCOUNT. 

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NY RICH INC.

82 Nassau Street, Suite # 61276, New York, New York 10038

646-281-8619 contact@nyrichinvestments.com

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