LISTINGS & NEWS
NOW IN CONTRACT 
BRONX 10% CAP* UNDER 5x RENT* 
 
1965-BUILT MIXED-USE WITH 21 APARTMENTS, 7 MEDICAL/OFFICE SPACES & ONSITE PARKING IN THE BRONX'S WESTCHESTER VILLAGE
Team Lala of RM Friedland recently facilitated a fully executed contract on this 1965 built,brick, mixed-use property located on the north side of Westchester Avenue at the intersection of Waterbury Avenue in the Bronx's Westchester Village. The property offers onsite parking and a total of 28 units, including 21 residential apartments and 7 potential medical/office spaces.
*Income & metrics are projections.
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CLOSED 9/26/2024 
MOUNT VERNON 
 
100' x 100'PARCEL LOCATED IN MOUNT VERNON'S CENTRAL BUSINESS DISTRICT ON NORTH 5th AVENUE
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NEW FOR SALE 
100% FREE MARKET 
63 APTS / 2 ELEVATORS 
 
NO 'GOOD CAUSE' IN THIS FULLY FREE MARKET WESTCHESTER COUNTY MULTIFAMILY WITH 63 UNITS AND STRONG RENTS OVER $2,100 PER UNIT
Presenting this fully free-market multifamily building with 63 residential units in a six-story, all-brick structure built in 1928 and substantially renovated in 1987, securing its free-market status. This well-maintained building features 15 duplex apartments, a rooftop cell site, bonus rentable basement community/fitness space, a rooftop terrace, and select units with river views,offering a diverse range of amenities designed to maximize rents...
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News 
NYC weighs new plan to take buildings from bad landlords
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News 
The Commercial-Property Market Is Coming Back to Life: There’s still a level of uncertainty lingering in the industry, causing some investors to remain cautious about jumping in too early.
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News 
NYC Landlord arrested for second time: Head's back to Rikers
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PRICE REDUCED 
NEW ROC. / PELHAM 
GARDEN STYLE APARTMENTS 
 
WESTCHESTER GARDEN-STYLE APARTMENTS WITH COUNTLESS AMENITIES LOCATED ONE BLOCK FROM PELHAM BORDER IN NEW ROCHELLE
Presenting these 24 garden-style apartments located on Mayflower Avenue, one block west of Fifth Avenue (Pelham border) in New Rochelle, NY. Situated on an estimated 35,284 square foot parcel, this three-story brick and block building offers significant curb appeal, highlighted by a steel and glass main entrance, along with two additional entrances providing basement access...
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JUST CLOSED 
REGO PARK, NY 
 
TEAM LALA OF RM FRIEDLAND FACILITATES SALE OF 108-UNIT REGO PARK ELEVATOR BUILDINGS AT 7% CAP RATE AND $167K PER UNIT
Team Lala of RM Friedland recently closed the sale of two adjacent elevator buildings at 94-19 and 94-20 66th Avenue in Rego Park, Queens. These six-story properties, built in the early 1950s, include 108 residential units across nearly 98,000 square feet of gross building area on two parcels. The seller...
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PRICE REDUCED NOW 8.1% CAP 
BRONX MULTIFAMILY 
W/ GARAGE & PRIVATE DECKS 
 
SIX-UNIT BRONX MULTIFAMILY WITH MASTER LEASED GARAGE LOCATED ON EAST 219TH STREET NEAR MTA STATION
Presenting a six-unit multifamily property and a garage located on the east side of East 219th Street near Bronxwood Avenue, just a few blocks from the MTA train station at White Plains Road. The property consists of a main three story building, totaling 4,950 square feet, and includes a master leased three-car garage.
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News 
New York’s office recovery shows improvement, but industry pros aren’t celebrating yet
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News 
Why the Federal Reserve is split on the future of interest rates
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NOW IN CONTRACT 
100% FREE-MARKET 
FOUR 2019 BUILT 3-FAMS 
GOOD CAUSE EXEMPT 
 
TEAM LALA OF RMF JUST FACILITATED A FULLY EXECUTED CONTRACT ON THESE FOUR 3‑FAMILY HOMES IN THE BRONX
Tenants Pay heat these free-market and 'Good Cause Eviction' exempt (30 years) residential properties consisting of 12 apartments and located on Pearsall Avenue in the Bronx's Laconia neighborhood.
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ACCEPTED OFFER 
BRONX MIXED-USE 
 
100% FREE MARKET MIXED-USE BUILDING CONSISTING OF FOUR APARTMENTS AND THREE STORES LOCATED ON EAST 169TH STREET IN THE BRONX
With an estimated 4,750 gross square feet, the subject property consists of three ground-floor retail spaces and four residential apartments above...
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PRICE REDUCED 
MANHATTAN MIXED-USE 
ON 2ND AVE OFF E117TH 
 
TEN APARTMENTS PLUS TWO STORES ON SECOND AVENUE JUST OFF EAST 117TH STREET IN NYC'S EAST HARLEM NEIGHBORHOOD
The subject property consists of two studio apartments, eight one-bedroom units (including the super's unit), and two ground-level storefronts. Features include clean, spacious apartments, an oil-fueled boiler, meters in the basement, and more...
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CLOSED $3.8M 
INWOOD, NYC 
RENT STABILIZED 
 
The $3.8 million sale of a 48-unit apartment building in Inwood showcases Team Lala's ability to overcome challenges in the NY Metro commercial real estate market.
The property, located on West 204th Street near Sherman Avenue and three blocks from the MTA train station at West 207th Street, comprises 48 residential apartments. This well-maintained brick building features a steel and glass entrance, original lobby finishes, a 13-camera security system, and is situated between busy shopping corridors.
This transaction required tracking Individual Apartment Improvements (IAI) paperwork spanning 5, 10, 15 years, and more to secure financing.
Our team, Team Lala of RMF, listed and marketed the property with professional photography, detailed analysis, and targeted advertising. We conducted property tours and engaged in negotiations to secure the best terms for our client, maintaining constant communication and strategic advice.
We also collaborated closely with management to meticulously track and verify decades of IAI paperwork, ensuring all documentation was accurate.
The property was successfully sold for $3,800,000. The sale price translated to $79,000 per unit and $109 per square foot. Our effective marketing, negotiation strategies, and diligent IAI documentation management ensured maximum value for our client's investment.
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IN CONTRACT 
100% FREE MARKET 
BUILT IN 2001 
 
100% FREE MARKET ELEVATOR BUILDING WITH 23 RESIDENTIAL UNITS, TERRACES AND PARKING
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CLOSED - $9M 
 
ON MAY 14TH 2024, TEAM LALA OF RM FRIEDLAND FACILITATED THE SALE OF THIS 73 UNIT ELEVATOR BUILDING LOCATED IN THE INWOOD SECTION OF NORTHERN MANHATTAN
The subject property consists of 73 residential apartments with a rooftop cell site and is located on the north side of West 205th Street just east of 10th Avenue and two blocks south of the MTA train station at West 207th Street
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