10 Years of Development Sales
Marco Lala and RMF's Investment Team Weigh In On the State Of NYC and Suburban Development
Track Record
Inside Knowledge
Family Team
TeamLala@RMFriedland.com
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Vacant BX Retail
Located Near The City Island Bridge This 3,240 SF Retail Building Was Built in 2006 And Will Be Delivered Vacant.

This 3,240 SF, single story retail building built in 2006 is located on the east side of City Island Avenue just South of Cross Street. Features include: utility setup for three tenants; three separate entrances; sheetrock walls; central air; sprinkler system; and a fire alarm. The current ten (10) year lease...

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What's The Team Lala Difference?
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Track Record
Inside Knowledge
Family Team
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2.6M In Unpaid Rent At Bronx's Bay Plaza Mall
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Landlords in New York State continue to struggle to cover expenses due to New York State's rent abatement program
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Possible Owner Financing
A Two Story Warehouse on a 150' x 100' Parcel With Potential To Build A 108K+ SF Mix of Apartments and Retail On Recently Upzoned Jerome Avenue In The Bronx.

Team Lala of RM Friedland presents a unique chance to build a 108K+ SF mixed-use building on the west side of Jerome Avenue just south of Tremont Avenue in the Bronx. The subject property is a 30,000 square foot, two story garage building currently used as an automotive repair shop. This area of Jerome Avenue was recently up-zoned to C4-4D.

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5 Harlem Buildings
This Five Building Package in NYC's Harlem Benefits From Substantial Improvements and J-51 Tax Abatements

Team Lala of RM Friedland is pleased to present this package of five apartment buildings located in NYC's Harlem. All five buildings were substantially rehabbed from 2007-2009 and benefit from 34 year J-51 tax abatements. They all feature intercoms and sprinkler systems throughout. The properties combine to a total of 18 residential apartments and are all located in the area bounded by West 121st Street to West 130th Street and Lexington Avenue to just west of Madison Avenue.

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R6A Development Site
Developers: Build Multifamily up to 63,075 SF on This Massive 114' x 204' Corner Site Located Across From Montefiore Hospital and Steps From E233rd Street in the Bronx's Wakefield

Acquire five adjacent buildable parcels located on the southeast corner of Carpenter Avenue and East 232nd Street in the Bronx's Wakefield Neighborhood. The subject assemblage sits in an R6A zone and potentially allows for the construction of a 63,075 SF apartment building with adequate on-grade parking.

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The Return of the Pandemic And Its Effects On NY Office Space
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Westchester Broadway Theatre Permanently Closes
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Westchester Sq. Warehouse
12,528 SF Three Story Warehouse With a Freight Elevator Located Across From Montefiores Westchester Square Hospital in The Bronx

Acquire this meticulously maintained three story warehouse located on the north side of Saint Peters Avenue just West of Glebe Avenue in the Bronx's Westchester Square neighborhood. Features include: a freight elevator, a garage bay door, ground floor parking, 14' ceilings on ground floor, 9.6' ceilings under the joists on the 2nd and 3rd floors and rubber roof with silver-coat.

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Multifamily @ $109/SF
This Mid-Century Bronx Elevator Building Has Been With The Same Family Since It Was Built 71 Years Ago... A 175 Footer With Large Apartments in Bedford Park

TeamLala of RM Friedland is pleased to present this 175 foot wide mid-century elevator building in the Bronx's Bedford Park neighborhood. The property consists of 60 residential apartments and is located on the west side of Bainbridge Avenue just south of East 197th Street. This stable, dignified and well maintained asset has been in the same family since it was constructed in 1949.

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6.2% CAP - Little Italy

11 Units in the Bronx's Little Italy - A 2007 Built 8 Family with Abated Taxes Plus an Attached 3 Family Home

Team Lala of RM Friedland is pleased to present this 2007 built eight family apartment building and an adjacent home located in the Little Italy section of the Bronx.

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Big Tech Is In CRE's Drivers Seat
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Forbes: 2020 Real Estate Trends for NY and NJ
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Attention Developers↓
Build a 13,926 SF residential building on the northeast side of East 198th Street just west of Webster Avenue in the Bronx.
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8% CAP Rate @ Ask
13%-17%+ Cash/Cash
100% Occupied
Free Market Apartments Plus A New 5 Year Lease on Retail Space And Parking Lot Located On West Sanford in Mount Vernon

RM Friedland is pleased to present a mixed use building consisting of four FREE MARKET apartments, ground floor retail and a parking lot located in the City of Mount Vernon, NY on the southeast corner of West Sanford Boulevard and South 11th Avenue. One block away from the Bronx/NYC border.

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Free Market Mixed Use
On October 14th 2020, Team Lala Closed Out The Sale of This Mixed-use Building on E233rd Street in The Bronx's Wakefield Neighborhood
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Elon Musk passes Bill Gates to become world's second-richest person
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Former NYC Mayor David Dinkins Dies at 93
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Attention Developers↓
Build a 12,847 SF residential building (or over 25K SF with a community facility) on the west side of Kingsbridge Terrace north of West Kingsbridge Road in the Bronx.
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6.5% CAP IN NYC

Asking a 6.5% CAP on a Hamilton Heights Single Tenant Corner Retail Condo on Broadway & W148th

3595 Broadway, Unit CD is a 1,826 square foot retail condominium which is part of a newly constructed twelve story residential building. The two-level condo unit will be delivered with a ten year lease in place to a well established ramen noodle restaurant with multiple New York City locations. The tenant is currently building out the space.

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Rehabbed Multifamily
Assumable 10 Year Loan at 3.64% (Fixed) on An Extensively Rehabbed Mount Vernon Corner Walkup - 10%+ Cash on Cash

The ownership has completed approximately $150,000 in extensive renovation and improvements over the past three years in this 4-story, walk-up, multifamily building consisting of 8 residential units.

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Elon Musk passes Bill Gates to become world's second-richest person
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Former NYC Mayor David Dinkins Dies at 93... Not COVID
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Bronx Elevator Bldgs

July 2020: Team Lala of RM Friedland Closes Out $9M Sale Of Two Bronx Elevator Buildings. This package included: A 54 Unit Art-Deco Building in The Bronx's Olinville and A 36 Unit On East 178th Street Just Off The Grand Concourse

Contact Marco Lala at 914-380-3806 for specifics on this deal or to learn more about obtaining a free pricing and market analysis for your property or portfolio.

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Bronx Development Deal

August 31st, 2020: Team Lala of RM Friedland Closes Out The Sale Of One Of The Largest Residential Development Sites This Year - With Approved Plans To Build 474 Units of Affordable Housing

Contact Marco Lala at 914-380-3806 for specifics on this deal or to learn more about obtaining a free pricing and market analysis for your property or portfolio.

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