BNYC Acquisitions

By utilizing our network of brokers and REO financial officers, BNYC is able to source potential transactions through estate sales, foreclosures, short sales, lien sales or special situations / off market real estate transactions. Pricing these assets for a quick sale allows Brownstone NYC to receive favorable terms and acquisition savings upfront.

Property Selection Criteria

1

Properties that are in need of renovations, violation remediation

2

Underlying Assets are 1-4 family residential properties

3

Acquisition & rehabilitation costs add up to less than 65-70% of the property value

4

Must be near or in densely populated urban markets                                     

5

Focused on the Tri-State Area of: New York – New Jersey – Connecticut