Genesis Capital LLC’s Post

#229thDeal #20UNIT BUILDING | Flushing, NY 11355 Aprox Year Built: 1928 Zoning: R3X Lot Sqft: 5000 Units: 20 For sale are 20 apartments: 10 with one bedroom (700+ SF) and 10 studios (600+ SF) already occupied by tenants. Six leases for one-bedroom units are rent-stabilized and expire in October 2021, while the remaining 14 leases are month-to-month. The current rental income is $24,925 per month, totaling $299,100 annually. 🎯Projected market rental income is $396,000 annually based on current market rates. The property's annual net income is estimated at $256,903, resulting in a CAP rate of 4.08%. The building, designed in a solid Tudor Castle style and built in 1928, has a lot size of 50x100 and a building size of 40x89, with each floor covering 3,560 SF. The total area is 14,240 SF across four floors, plus a full basement (NYC Square Footage 17,325 SF). The property features three washers and two dryers in the basement, and the boiler/hot water tank and roof are only four years old. The real estate tax is $62,819. The location is highly convenient, being a one-minute walk to Q12 on Sanford Av, two minutes to Q15(A) on 41 Av or Q65 on 45 Av, and 0.8 miles or a 10-minute walk to Flushing Main St for the 7 train & LIRR. Asking $3.85Ⓜ️ #ObO [email protected]

We're now halfway through this project of manufacturing and erecting the timber frame superstructures of 15 luxury homes for this development in Essex. The soon-to-be new owners of these stunning new houses will not only be investing in a property with a high-end finish, but they'll also enjoy a lifetime of climate comfort and low energy bills. Our premium quality timber frames are custom-made to offer the highest levels of insulation, keeping homes warm during colder months and cool during summer. If you are building high-quality homes, then you will only want the best quality materials which is why Target Timber is a favourite with self-builders and property developers. 🎯 Maximum efficiency 🎯 Maximum cost-savings 🎯 Maximum quality Can we help you build your next new housing development? 📞01403 782600 www.targettimber.com #newbuildhomes #houses #propertydeveloper #selfbuild #luxuryhomes #socialhousing #housingdeveloper #newhouses #newhomes #timberframe #construction #offsitemanufacturing

🚧 Big Construction Update! MunCorp has officially commenced construction on its new Blackburn Quarter townhouse development Half of the Cera Stribley-designed townhouses were already sold, primarily to local buyers, following the project's launch. MunCorp Managing Director Jake Munday said the company is doubling down in 2024 to grow its pipeline to $400 million delivered in the next four to five years. Read more below. Eton Property Group #Blackburne ------------ 📣 Was this update of interest to you?🔥 Join 16,000+ of your residential property development colleagues who follow Urban on LinkedIn. We regularly post free insights about: 💡  New project launches and updates 💡  What buyers are searching for on AU’s largest off-the-plan buyer platform 💡  Weekly interviews with industry leaders Follow Urban.com.au or connect with our CEO Mike Bird to keep your finger on the pulse of the apartment and townhouse market.

Great single family residential building lot in downtown Lawrenceburg! Build your next home here and see all the great things that living in Downtown Lawrenceburg has to offer! Buyer may qualify for a 10% new construction grant from Lawrenceburg Main Street of up to $35,000. Buyer must commit to build a single family residential house per lot with stick built construction that is a minimum of 1,800 sq ft if a single story or 2,300 sq ft if a multi-story that also must have a minimum of a 40% masonry finish on the street facing elevation. Houses must meet all other local codes and begin construction within six months of closing. Seller may waive or modify setback and parking requirements. Building plans must be submitted to the Lawrenceburg Redevelopment Commission for approval prior to closing! All offers must include the 'Lawrenceburg Redevelopment Building Requirements Addendum' to be considered, offers will only be responded to during standard business/government working hours. #LohmillerRealEstate #JustListed #IndianaRealEstate #Indiana #Lawrenceburg #LawrenceburgRealEstate #RealEstate #Realtor #Land #LandForSale #LRE #LawrenceburgMainStreet

REFURBISHMENT PRODUCT THAT CAN BE USED FOR LIGHT AND HEAVY REFURBISMENTS Up to 70% LTV NET day one + 100% of build costs. Rates are market leading, starting as low as 0.36% per month + BBR (0.78% per month as of today). Acceptable Projects: Decorative refurbishments Auction purchases Properties in poor condition Properties in need of internal modernisation Structural refurbishments Permitted development projects – loft conversions and rear/side extensions Larger extensions that need planning Change of use projects House to HMO and house to flats conversions Semi-commercial projects Commercial to residential conversions Minimum day one lend is £150,000 and available throughout England. For more information message me. #propertyDevelopmentFinance #propertyDevelopmentLoans #newbuild #conversions #refurbishments #newhouses #auctionloans #buyatauction #auctionpropertyloans #quickbridgingloans #fastbridgingloans #doerUpper

Great single family residential building lot in downtown Lawrenceburg! Build your next home here and see all the great things that living in Downtown Lawrenceburg has to offer! Buyer may qualify for a 10% new construction grant from Lawrenceburg Main Street of up to $35,000. Buyer must commit to build a single family residential house per lot with stick built construction that is a minimum of 1,800 sq ft if a single story or 2,300 sq ft if a multi-story that also must have a minimum of a 40% masonry finish on the street facing elevation. Houses must meet all other local codes and begin construction within six months of closing. Seller may waive or modify setback and parking requirements. Building plans must be submitted to the Lawrenceburg Redevelopment Commission for approval prior to closing! All offers must include the 'Lawrenceburg Redevelopment Building Requirements Addendum' to be considered, offers will only be responded to during standard business/government working hours. #LohmillerRealEstate #JustListed #IndianaRealEstate #Indiana #Lawrenceburg #LawrenceburgRealEstate #RealEstate #Realtor #Land #LandForSale #LRE #LawrenceburgMainStreet

Great single family residential building lot in downtown Lawrenceburg! Build your next home here and see all the great things that living in Downtown Lawrenceburg has to offer! Buyer may qualify for a 10% new construction grant from Lawrenceburg Main Street of up to $35,000. Buyer must commit to build a single family residential house per lot with stick built construction that is a minimum of 1,800 sq ft if a single story or 2,300 sq ft if a multi-story that also must have a minimum of a 40% masonry finish on the street facing elevation. Houses must meet all other local codes and begin construction within six months of closing. Seller may waive or modify setback and parking requirements. Building plans must be submitted to the Lawrenceburg Redevelopment Commission for approval prior to closing! All offers must include the 'Lawrenceburg Redevelopment Building Requirements Addendum' to be considered, offers will only be responded to during standard business/government working hours. #LohmillerRealEstate #JustListed #IndianaRealEstate #Indiana #Lawrenceburg #LawrenceburgRealEstate #RealEstate #Realtor #Land #LandForSale #LRE #LawrenceburgMainStreet

Great single family residential building lot in downtown Lawrenceburg! Build your next home here and see all the great things that living in Downtown Lawrenceburg has to offer! Buyer may qualify for a 10% new construction grant from Lawrenceburg Main Street of up to $35,000. Buyer must commit to build a single family residential house per lot with stick built construction that is a minimum of 1,800 sq ft if a single story or 2,300 sq ft if a multi-story that also must have a minimum of a 40% masonry finish on the street facing elevation. Houses must meet all other local codes and begin construction within six months of closing. Seller may waive or modify setback and parking requirements. Building plans must be submitted to the Lawrenceburg Redevelopment Commission for approval prior to closing! All offers must include the 'Lawrenceburg Redevelopment Building Requirements Addendum' to be considered, offers will only be responded to during standard business/government working hours. #LohmillerRealEstate #JustListed #IndianaRealEstate #Indiana #Lawrenceburg #LawrenceburgRealEstate #RealEstate #Realtor #Land #LandForSale #LRE #LawrenceburgMainStreet

Capital improvements in real estate refer to significant, long-lasting enhancements made to a property to increase its overall value, functionality, or lifespan. These improvements typically encompass substantial renovation or construction projects that go beyond routine maintenance, such as upgrading HVAC systems, replacing roofing, remodeling kitchens or bathrooms, adding extensions, or enhancing landscaping. Capital improvements aim to attract tenants, boost property resale value, reduce operating costs, and ensure compliance with building codes and safety standards, ultimately contributing to the property's long-term viability and profitability in the real estate market. Denise Dilbey Real Estate Broker Royal LePage Meadowtowne Realty Https://ddilbey.com/ #yourrealtorforlife #ontariorealtor #ontariorealtor #commercialrealestate #royallepage #pets #finance #royallepagecanada #realestatebroker #broker #ruralontario #ontariopropertiesforsale @Royal LePage Commercial Real Estate #CRE #RealEstateInsights

Great single family residential building lot in downtown Lawrenceburg! Build your next home here and see all the great things that living in Downtown Lawrenceburg has to offer! Buyer may qualify for a 10% new construction grant from Lawrenceburg Main Street of up to $35,000. Buyer must commit to build a single family residential house per lot with stick built construction that is a minimum of 1,800 sq ft if a single story or 2,300 sq ft if a multi-story that also must have a minimum of a 40% masonry finish on the street facing elevation. Houses must meet all other local codes and begin construction within six months of closing. Seller may waive or modify setback and parking requirements. Building plans must be submitted to the Lawrenceburg Redevelopment Commission for approval prior to closing! All offers must include the 'Lawrenceburg Redevelopment Building Requirements Addendum' to be considered, offers will only be responded to during standard business/government working hours. #LohmillerRealEstate #JustListed #IndianaRealEstate #Indiana #Lawrenceburg #LawrenceburgRealEstate #RealEstate #Realtor #Land #LandForSale #LRE #LawrenceburgMainStreet