Reyes & Elsamad

Reyes & Elsamad A residential & commercial real estate company focused on helping you find your gem.

🏭 FLEX OFFICE | WAREHOUSE INVESTMENT OPPORTUNITY – ITHACA, NY 🏢A 73,887 SF industrial asset strategically located near I...
11/30/2025

🏭 FLEX OFFICE | WAREHOUSE INVESTMENT OPPORTUNITY – ITHACA, NY 🏢

A 73,887 SF industrial asset strategically located near Ithaca Tompkins International Airport and Cornell Business & Technology Park.

🔹 Fully Leased to a credit tenant, publicly traded on NASDAQ. A global tech & printing solutions leader serving high-growth sectors: food service, gaming/casino, POS automation & energy.

🔹 Long-Term Commitment – Tenant has occupied since the 1990s and recently consolidated national operations here.

📍 Prime Upstate New York Industrial Market
💰 Stable Income | Institutional Tenant | Growth Location

⸝

👉 73,887 SF Available | DM for Full Offering Memorandum

FOR SALE: Prime Warehouse Opportunity – Ocean Hill, Brooklyn, NY Reyes & Elsamad Real Estate Group is presents the sale ...
11/22/2025

FOR SALE: Prime Warehouse Opportunity – Ocean Hill, Brooklyn, NY

Reyes & Elsamad Real Estate Group is presents the sale of a single-story industrial warehouse ideally located in Ocean Hill, Brooklyn. This rare opportunity offers a versatile, vacant property perfect for a wide range of commercial, storage, or light industrial uses.

Key Highlights:

• Building Size: 12,085 SF
• Lot Area: 7,866 SF
• Lot Dimensions: 93 × 84.58
• Drive-in Bays: 3 oversized drive-ins for easy loading/unloading
• Office Space (2nd Floor): 4,219 SF of flexible mezzanine or office buildout
• Ceiling Height: 14 feet clear
• Zoning: C4-5D (Flexible commercial & mixed-use zoning)
• FAR: 1.0
• Property Taxes (2025): $50,220
• Tax Class: 4

This corner-lot warehouse offers exceptional visibility and accessibility, surrounded by major thoroughfares and close proximity to transportation networks. Its open floor plan, high ceilings, and multiple drive-in bays make it ideal for distribution, logistics, creative production, or adaptive reuse projects. DELIVERED VACANT. 🙂

Delivered Vacant – Ready for Immediate Occupancy.

📞 Contact us for pricing and a private tour!

Investment Opportunity 8-Unit Multifamily in Flatbush Full Gut RehabThis 8-unit multifamily property offers a rare chanc...
10/22/2025

Investment Opportunity
8-Unit Multifamily in Flatbush
Full Gut Rehab

This 8-unit multifamily property offers a rare chance for savvy investors to unlock tremendous upside in today’s evolving market. While currently under rent stabilization, the building has received an official HPD Notice to Vacate—creating a clear pathway for repositioning and value creation.

Why This Property Stands Out

Flexible Exit Strategies: Investors can pursue either

Ground-up redevelopment – Demolish and rebuild a brand-new asset free of rent stabilization; or
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Substantial Rehabilitation – By upgrading over 75% of building systems in compliance with DHCR’s standards, the property can qualify for deregulation, paving the way for market-rate rentals.

Clear Deregulation Path: With the building already vacant, you avoid tenant relocation issues and can immediately begin executing your repositioning strategy.

High Upside Potential: Transitioning stabilized units into free market apartments in one of the world’s strongest rental markets translates into significant rent growth and NOI expansion.

Located in a core Flatbush where the neighborhood has seen strong demand. Good transportation access, and sustained rental growth, ensuring long-term value retention.

DM us for more information!

Elegant 5-Story Townhouse in the Heart of Washington HeightsWelcome to 558 West 173rd Street, an exceptional single-fami...
10/03/2025

Elegant 5-Story Townhouse in the Heart of Washington Heights

Welcome to 558 West 173rd Street, an exceptional single-family townhouse offering 3,825 square feet of thoughtfully designed living space. Perfectly situated in the vibrant neighborhood of Washington Heights, this 5-bedroom, 3.5-bathroom residence combines classic charm with modern versatility.

Bathed in natural light from large front and rear windows, this four-story home boasts a gracious layout ideal for both comfortable living and grand entertaining. The main level, located on the 2nd floor, features a spacious family kitchen, an inviting living room, and an elegant dining area—creating the perfect hub for gatherings.

Unique to this property are two additional kitchens—one on the fourth floor and another on the ground floor—offering incredible flexibility for multi-generational living, hosting extended stays, or potential income-producing opportunities.

Retreat to the generously sized bedrooms, each providing comfort and privacy. The finished basement adds valuable space for storage, a home gym, recreational activities, or a dedicated remote workspace.

Just one block away, the Highbridge Recreation Center offers access to a city pool and lush park grounds—perfect for relaxation and outdoor enjoyment.

Whether you’re looking for a forever family home or a residence with adaptable space for growth, 558 West 173rd Street delivers the perfect blend of comfort, light, and location.

One tenant occupies the ground floor unit which has a lease till May 2026; we will not deliver this unit vacant.

Elegant 5-Story Townhouse in the Heart of Washington HeightsWelcome to 558 West 173rd Street, an exceptional single-fami...
10/02/2025

Elegant 5-Story Townhouse in the Heart of Washington Heights

Welcome to 558 West 173rd Street, an exceptional single-family townhouse offering 3,825 square feet of thoughtfully designed living space. Perfectly situated in the vibrant neighborhood of Washington Heights, this 5-bedroom, 3.5-bathroom residence combines classic charm with modern versatility.

Bathed in natural light from large front and rear windows, this four-story home boasts a gracious layout ideal for both comfortable living and grand entertaining. The main level, located on the 2nd floor, features a spacious family kitchen, an inviting living room, and an elegant dining area—creating the perfect hub for gatherings.

Unique to this property are two additional kitchens—one on the fourth floor and another on the ground floor—offering incredible flexibility for multi-generational living, hosting extended stays, or potential income-producing opportunities.

Retreat to the generously sized bedrooms, each providing comfort and privacy. The finished basement adds valuable space for storage, a home gym, recreational activities, or a dedicated remote workspace.

Just one block away, the Highbridge Recreation Center offers access to a city pool and lush park grounds—perfect for relaxation and outdoor enjoyment.

Whether you’re looking for a forever family home or a residence with adaptable space for growth, 558 West 173rd Street delivers the perfect blend of comfort, light, and location.

✨ For Sale: Prime East Williamsburg Warehouse ✨Unlock 3,163 SF of flexible commercial space with soaring 19ft ceilings. ...
09/27/2025

✨ For Sale: Prime East Williamsburg Warehouse ✨

Unlock 3,163 SF of flexible commercial space with soaring 19ft ceilings. Delivered vacant at closing, this property is ideal for an owner-occupier or investor looking to reposition in one of Brooklyn’s fastest-growing corridors.

📍 Corner lot on Metropolitan Ave with dual street frontage ensures maximum visibility.

🚇 Just a 10-minute walk to the L-Train, connecting you to Manhattan in under 20 minutes.

🏢 Flexible M1-1 zoning allows for light manufacturing, warehouse, distribution, or creative office uses.

💰 Low annual taxes ($15,448) provide a strong financial upside compared to other Brooklyn assets.

Surrounded by a vibrant mix of residential, retail, and commercial developments, this property offers long-term value and adaptive reuse potential in the heart of East Williamsburg.

DM us for more information!

Elegant 4-Story Townhouse in the Heart of Washington HeightsWelcome to 558 West 173rd Street, an exceptional single-fami...
08/09/2025

Elegant 4-Story Townhouse in the Heart of Washington Heights

Welcome to 558 West 173rd Street, an exceptional single-family townhouse offering an impressive 4,187 square feet of thoughtfully designed living space. Perfectly situated in the vibrant neighborhood of Washington Heights, this 5-bedroom, 3.5-bathroom residence combines classic charm with modern versatility.

Bathed in natural light from large front and rear windows, this four-story home boasts a gracious layout ideal for both comfortable living and grand entertaining. The main level, located on the 2nd floor, features a spacious family kitchen, an inviting living room, and an elegant dining area—creating the perfect hub for gatherings.

Unique to this property are two additional kitchens—one on the fourth floor and another on the ground floor—offering incredible flexibility for multi-generational living, hosting extended stays, or potential income-producing opportunities.

Retreat to the generously sized bedrooms, each providing comfort and privacy. The finished basement adds valuable space for storage, a home gym, recreational activities, or a dedicated remote workspace.

Just one block away, the Highbridge Recreation Center offers access to a city pool and lush park grounds—perfect for relaxation and outdoor enjoyment.

Whether you’re looking for a forever family home or a residence with adaptable space for growth, 558 West 173rd Street delivers the perfect blend of comfort, light, and location.

📊 NYC Market Pulse – May 2025Want to stay ahead in this shifting market? Here are the latest stats for Brooklyn, Queens,...
06/09/2025

📊 NYC Market Pulse – May 2025

Want to stay ahead in this shifting market?

Here are the latest stats for Brooklyn, Queens, and Manhattans condo market:

🏙 Brooklyn
• Median sold price: $992,262 (+2%)
• Price per sq ft: $732

Brooklyn continues a steady climb, with buyers still active across prime neighborhoods.

🏢 Queens
• Median sold price: $719,089 (+5.3%)
• Price per sq ft: $536
• Avg days on market: 84 days (↓ 6.5%)

Queens is heating up—especially in LIC and Astoria—with quicker turnover and rising prices.

🏗 Manhattan Condos
• Contract signings down 8% YoY
• Listings up 2% → 7,359 units
• Price per sq ft: $1,844 (+4%)

The Manhattan condo market remains resilient, with prices holding firm even amid slower volume.

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📍Follow Reyes & El Samad Real Estate Group for monthly updates, market moves, and exclusive insights across NYC’s most dynamic boroughs.

Another lovely deal that had .realestate represent the purchaser on this 2 Family property 🏡.  He successfully navigated...
03/08/2025

Another lovely deal that had .realestate represent the purchaser on this 2 Family property 🏡. He successfully navigated his client on this transaction right to close!

SOLD SOLD SOLD. This two family had 5 bedrooms and 3 bathrooms that traded for $750,000. 💰

Contact us for an evaluation of your home! 📈 We have seen an uptick of transactions in the Bronx as we have more properties under contract. Message us anytime!

SOLD! Julio Reyes represented both seller and purchaser on this transaction.  This office property is located at 4 Becke...
03/05/2025

SOLD! Julio Reyes represented both seller and purchaser on this transaction. This office property is located at 4 Becker Farm Rd, Roseland New Jersey, a hub for office properties built in the 1980s. The purchaser is going to reposition this office building into something completely different. Contact us for further information and of course an evaluation of your own asset. 🏢

This property is 294,000 SF spread over 4 stores that was in excellent condition located on 21 acres of private land. 😌

.realestate just brokered this 2 family property in the Wakefield area of the Bronx! 🥰 He successfully navigated the pro...
02/28/2025

.realestate just brokered this 2 family property in the Wakefield area of the Bronx! 🥰 He successfully navigated the process for both seller and purchaser. This property was sold for $625,000 which had a total of 4 bedrooms and 2 bathrooms. 🏡

If you need a broker evaluation of your property, drop us a message and we will get back to you asap 📞☎️

The market is hot and we can definitely assist you sell your property. We focus our brokerage services in the Tri-State area and in Dubai 🇦🇪! Located in Jersey City, Harlem and Bushwick, you can also drop by and meet us in person!

SOLD!! After negotiating an extensive list of hurdles that encumbered this property, we navigated both seller and buyer ...
02/21/2025

SOLD!! After negotiating an extensive list of hurdles that encumbered this property, we navigated both seller and buyer to the end of this transaction. 523 Liberty Avenue, Brooklyn NY is a 10,000 SF industrial lot that has two single-story warehouses with a small parcel dedicated to parking. The asset also has a residential overlay that allows for 39,000 SF residential development in the future. For now, our client (purchaser) will use this property for his construction business.

CONGRATS to everyone involved in this deal. ✨🙂

If you have a similar asset in the Tri-state area, feel free to message us! 📲☎️

Address

307 Knickerbocker Avenue
New York, NY
11237

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Tuesday 10am - 6pm
Wednesday 10am - 6pm
Thursday 10am - 6pm
Friday 10am - 6pm

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