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181 E. 90TH ST 7DE
4 BED / 4.5 BATH
Helped an apartment owner realize significant value arbitrage associated with their real estate.
When a neighboring apartment came up for sale, identified that the combined apartments with 4 bedrooms would sell for a higher market value per square foot. Supported the purchase of the apartment, an easement for additional corridor space, and plans for the combination.
In about a year, the two units with the architectural plans to combine were sold for $4.125 or 38.4% more than the owner's cost basis.
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