Team Lala leveraged a 15-year-old relationship with the seller from a past research project. The seller had been struggling to find satisfactory offers for the Rego Park properties through independent efforts.
CHALLENGE
Despite selling during a period of high interest rates, the building’s quality and the management’s excellent record-keeping enabled Team Lala to efficiently complete their due diligence and quickly identify potential buyers.
RESULT
Team Lala successfully secured multiple bids, ultimately selling the property for over $20,000,000, surpassing the seller’s expectations.
Bronx Pro