WRA Properties, Inc.

Real Estate Investments For Sale/Brokerage

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Real Estate Investments for Sale/Brokerage

(Commercial Listings are provided at the bottom of the page.)

Commercial Brokerage Services

Our years of experience have enabled us to compile a comprehensive database of market activity allowing us to accept and succeed at even the most challenging commercial and residential brokerage assignments. We hold reciprocal licenses in adjoining states and are fully equipped and capable to service all of your brokerage needs.

Our sales staff is responsible for over 800 million dollars in sales volume. As representatives of both Financial Institutions and private investors, we specialize in the purchase and sale of multi-family apartment houses, office buildings, commercial loft buildings, 1031 Tax Free Exchanges, shopping centers, taxpayers and pools of privately held and Institutional performing and non-performing mortgages. Our present management clients, as well as, an extensive list of our qualified investors" provide a ready source of purchasers and sellers.

Acquisitions/Dispositions

As owners and managers of commercial and residential real estate, the principals of WRA Properties, Inc. are uniquely qualified and in tune to today's market trends. Our practical "hands on" experience with real estate investments allow us to effectively assist you in the purchase or sale of your Real Estate assets. Our years of experience assures you of obtaining the best practical investment and management advice. Some of the services we provide are:

  • 1031 Tax Free Exchanges
  • Investment advice/analysis
  • Due diligence
  • Lease audits
  • Site inspection and analysis
  • Cost benefit studies

For more information about WRA Properties, Inc.'s brokerage services, please call Frank T. Chiarello, President, at (718) 224-9500 x130 or Send Us E-Mail.


Real Estate Investments for Sale/Brokerage

Franklin Avenue, Brooklyn, NY
4 Story walk-up with 16 apts, 40 X 100 Built 88
New Windows J-51 or MCS available. Low rents, great upside
Asking 575,000 (4609)
Contact: David Rinaldi 718-224-9500 Ext.150

Decatur Avenue, Bronx NY
5 Story walk-up with (11) 3 bedroom apts
$125 per room average, building contains new windows-upgraded electric
Asking 480,000 (4584)
Contact:Marco Lala 718-224-9500 Ext.340

Sutphin Boulevard, Jamaica Queens, NY
6 Apts & 2 stores, apts. are renovated
Tenants pay heat & utilities
12% CAP on asking price 675,000 (4628)
Contact: Pat Morelli 718-224-9500 Ext.500

Bronx Exclusive Melrose Avenue, Bronx, NY
5 Story walk-up 20 X 100 Built full
8 apts. & 4 stores, building in good condition
Asking 595,000,possible owner financing (4629)
Contact: Marco Lala 718-224-9500 Ext.340

Bronx Exclusive Morris Ave, Bronx, NY
5 story, corner building 50 X 73 Built 63
20 Apts. & 2 Stores, Building in good condition, many improvements
Asking 1,395,000 (4630)
Contact: Marco Lala 718-224-9500 Ext.340 Cliff Street, Yonkers, NY
7 Apts (6) 3 BDR'S (1) 2 BDR
Income 76,000 and no Vacancies, sold buildings
Asking 340,000 (4623)
Contact: Pat Morelli 718-224-9500 Ext.500 East Tremont Avenue, Bronx, NY Just off Grand Concourse
5 Story Vacant Shell, 11 units
Asking 265,000 (4627)
Contact: Marc Alper 718-224-9500 Ext.370 Chelsea Development Site West 19th Street off 9th Ave
2 Story Garage Delivered Vacant
Buildable 62,500 square feet
(4605)
Contact: Barbara Rohregger 212-490-0500 East Harlem Prime Development Property
4 Contiguous Lot 92 x 100
Zoned R7-2
Asking $900,000 (4582)
Contact: Marc Alper 718-224-9500 Ext.370 Bedford Stuyvesant, Brooklyn,
4 Story Walk-Up 16 Apartments
40 x 100 - Built 87 Building in Excellent Condition
Asking $650,000 (4581)
Contact: David Rinaldi 718-224-9500 Ext.150 West 180"s Manhattan,
5 Story Walk-Up 32 Apts Clean Bldg W/ Large Apts. Low rents great upside
50 X 70 - Built 56
Asking $1,325,000 (4566)
Contact: Charles Cordero 718-224-9500 Ext.115 Bedford Stuyvesant, Brooklyn,
Vacant 8 family shell. Prime for renovation
25 X 100 - Built 60
Asking $195,000 (4550)
Contact: David Rinaldi 718-224-9500 Ext.150 Grand Avenue, Bronx, New York,
5 story walk-up, 50x100 built 88. 22 apartments.
New roof and windows. Building well maintained. Shows 13% cap.
Asking $775,000 (4531)
Contact: Marty Kapelner 718-224-9500 Ext.120

Boynton Avenue, Bronx, New York,
6 story elevator building, 100x138 built full.
50+ apartmentss with stores. Long term ownership Asking $2,100,000 (4530)
Contact: Marty Kapelner 718-224-9500 Ext.120

Dobbs Ferry Road, Hartsdale, New York,
4 story modern elevator building. 23 Medical office suites,
ample parking, over 11% CAP. Close to hospital. Asking $4,995,000 (4525)
Contact: Marty Kapelner 718-224-9500 Ext.120

East End Avenue, New York, New York, Prime Location!
Four contiguous 5 story walk-ups with air rights. 33 apts, 6 stores
Asking $8,500,000 (4509)
Contact: Charles Cordero 718-224-9500 Ext.115

East 140's, Bronx, New York,
Vacant lot, 75 x 91, Zoned R6. Only $80,000 (4497)
Contact: Marc Alper 718-224-9500 Ext.370

Lower East Side, New York, New York,
5 story walk-up with 7 apts & 1 store. Apartments renovated
21x75 built 50. Asking $995,000 (4529)
Contact: Marty Kapelner 718-224-9500 Ext.120

East 20's, New York, New York, Gramercy Park
3 story building with 9 apts & 2 stores. 41x100 lot. Prime location!
Asking $2,350,000 (4522)
Contact: Charles Cordero 718-224-9500 Ext.115

Bronx, New York, Westchester Square Location
2 story brick taxpayer. Lot 100 x 97 with 15,000 sq. ft. of building
12% return. Asking $2,300,000 (4516)
Contact: Marty Kapelner 718-224-9500 Ext.120

Greenwich Street, New York, New York,
One story garage in Soho. Can build upto 6 story garage for 188 cars
92 x 75 lot. Asking $6,200,000 (4511)
Contact: Charles Cordero 718-224-9500 Ext.115

Long Island City, New York, Queens
5 story brick walk-up with 54 apts. and 6 stores. Stores on busy
intersection. Many improvements to building. Excellent investment opportunity
Ask $3,240,000 (4482)
Contact: Charles Cordero 718-224-9500 Ext.115

East 120's, New York, New York,
Vacant lot, 90 x 25. Up and coming area!
Asking $130,000 (4532)
Contact: Pat Morelli 718-224-9500 Ext.500

Bronx, New YorkGrand Concourse Vicinity
5 building package- 147 apts. + 4 stores. All walk-ups, total income
$1,079,499 at 11.5% CAP. Individual property information available upon request.
Asking $6,100,000 (4350/54/55/56/57)
Contact: Marco Lala 718-224-9500 Ext. 340

Schuylerville Section, Bronx, New York, Exclusive
6 contiguous buildings. 3 story walk-ups containing
18 large apartments. Upside potential. Rent Roll $172,200
Sold as a Package $1,795,000 Cash or $350,000 per house (4437)
Contact: Marc Alper 718-224-9500 Ext. 370

East 184th Street, Bronx, New York, Exclusive
66 unit elevator building. Currently 16 vacancies.
Strong upside potential.
Asking $2,000,000 (4410)
Contact: Marco Lala 718-224-9500 Ext. 340

East 213th Street, Bronx, New York, Norwood/Van Cortlandt area
5 story walk-up, 25 apartments
New roof, boiler, brass plumbing. Shows 11-1/2% CAP
Asking $975,000 (4400)
Contact: Pat Morelli 718-224-9500 ext. 500

West 126th Street, Harlem, New York,
5 story walk-up with 20 apts., 4 stores. Lot 50 x 100, 5-1/2 Rent Roll
Asking $940,000 (4387)
Contact: Charles Cordero 718-224-9500 Ext.115

East 80's, New York, New York,
Two 5-story walk-ups with a total of 22 apts, 14 apts. renovated.
J-51 in place. Great location! Ask $3,400,000 (4368)
Contact: Charles Cordero 718-224-9500 Ext.115

Holland Avenue, Bronx, New York, 4 story walk-up apartment building
14 apartments-7/1BR's, 7/2BR's. Lot 35x100, built 77.
Asking $559,000 (4281)
Contact: Marty Kapelner 718-224-9500 Ext.120

Boerum Hill, Brooklyn, New York, Development Opportunity!
L-shaped lot-9,000 sq. ft. with 1 story building. Tenants on mo-to-mo lease. Zoned M1-2
Asking $645,000 (4275)
Contact: Marc Alper 718-224-9500 Ext. 370

Maplewood, New Jersey Professional Office Building
32,000SF with 120 parking spaces, 100% leased. Excellent location. 9.5% CAP
Asking $3,995,000 (4274)
Contact: Charles Cordero 718-224-9500 Ext.115

Bayside, Queens, New York, 3 story elevator medical building
Built in 1991. Can be delivered vacant. 30 x 100 built 60
Asking $800,000 (4303)
Contact: Charles Cordero 718-224-9500 Ext. 115

Caffrey Avenue, Queens, New York, Far Rockaways
Two story walk-up with 20/1 bedroom apts., lot 100 x 206 built 45 x 158
Building recently refinanced, assumable mortgage. Asking $975,000 (4295)
Contact: Charles Cordero 718-224-9500 Ext. 115

Queens Boulevard, Elmhurst, New York, 2-story taxpayer in prime
location. 7 tenants, 1 elevator, 11 years old. 11% CAP
Asking $5,900,000 (4212)
Contact: Charles Cordero 718-224-9500 Ext.115

Flushing, Queens, New York, Two 3-story walk-up apartment building
10 years old. 28 apts. with parking. Prime location.
Asking $2,600,000 (4211)
Contact: Charles Cordero 718-224-9500 Ext.115

Quincy Street, Brooklyn, New York, 3 story "SRO" Brownstone
8 rooms and 2 apartments
Asking $225,000 (4100)
Contact: Marc Alper 718-224-9500 Ext. 370

East 120's, New York, New York, 2 contiguous 5 story walk-up
21 apartments, Rent Roll $157,200
Ask $925,000 (4098)
Contact: David Rinaldi 718-224-9500 Ext. 150

Union Avenue, Bronx, New York, Exclusive South Bronx
6 story brick walk-up with 43 large apartments. Motivated Seller
Asking $1,625,000 (3980)
Contact: Marco Lala 718-224-9500 Ext. 340

Pacific Street, Brooklyn, New York, Crown Heights
6 story elevator building, 35 units, 15 apts. renovated
Building in good condition with many improvements.
Asking $ 1,350,000 (4026)
Contact: Marc Alper 718-224-9500 ext. 370

Fulton Street, Brooklyn, New York, Fort Greene
2 story taxpayer with 19 apartments and 11 stores
Building in excellent condition, 100% occupied. Good location
Asking $1,830,000 (3762)
Contact: David Rinaldi 718-224-9500 Ext. 150

Murray Street, New York, New York, Tribeca 8-story loft
elevator building. Ideal for condo conversion.
Delivered vacant. Asking $ 5,000,000 (3640)
Contact: Marc Alper 718-224-9500 Ext. 370

Jackson Heights, New York, Queens 6-story
elevator building with 56 apts. and 6 stores
A must see!
Asking $4,300,000 (3735)
Contact: Charles Cordero 718-224-9500 Ext. 115

Off Grand Ave., Bronx, New York, 5-story walk-up
22 apartments, $164,000 rent roll
Building is in good condition.
Asking $750,000 (3718)
Contact: Pat Morelli 718-224-9500 Ext. 500

East 20's, New York, New York, Kips Bay, 6-story
Elevator apartment building, total 25 apts.
New roof, windows and boiler. Low rents, great upside
Asking $2,325,000 (3704)
Contact: Martin Kapelner 718-224-9500 Ext. 120

Grand St., Brooklyn, NY, Williamsbrugh- Two story brick mixed-use property with 2 stores and garage.
Asking Price: $625,000 (2905)
Contact: Pat Morelli 718-224-9500 Ext. 500

400 West Second Street, Berwick, PA, Berwick- Perfect for 1031 Tax Free Exchange. Eckerds Drug Store. Built in June 1998. 20 year net lease with bumps highly leveraged. (2902)
Contact: Nick Episcopia Ext. 460

Queens Blvd., Queens, NY Elmhurst- 50 Feet on Queens Blvd. Queens most active street. Perfect taxpayer for user or investor. Asking Price: $700,000 (2855)
Contact: Marty Kapelner 718-224-9500 Ext. 120

Main Street, Farmingdale, NY, Long Island - One story taxpayer with six stores and 80 foot frontage. Gross potential income just under $90,000. Bank says sell! Asking $600,000 and ready to deal. (2233)
Contact: Charles Cordero 718-224-9500 Ext. 115

Off Broadway, Queens, NY, East Elmhurst - One story brick fully equipped restaurant & catering facility with parking for 100 cars. Property zoned R3-2. Asking $2,000,000 (2093)
Contact: Charles Cordero 718-224-9500 Ext. 115

Westchester Avenue, White Plains, NY, Near Westchester Mall - Modern strip taxpayer with 5,000 sq. ft. and six stores. Shows 9% cap on asking price. (1950)
Contact: Pat Morelli 718-224-9500 Ext. 500

, , New York,

(LIST#)
Contact: 718-224-9500 Ext.


Disclaimer: All information regarding available properties is from sources deemed reliable; but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, changes of price, rental or other conditions, prior sales, sales, lease or financing or withdrawal without notice.

To list your property or other real estate asset on this internet site, call Frank T. Chiarello, President, at (718) 224-9500 x130 or send us email

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Copyright 1998 WRA Properties, Inc. All rights reserved.