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Poster Name:alum broker
Poster Message:
I’m a real estate broker specializing in multifamily properties. I have not been inside the property but I can do a quick analysis of the property value. According to public records, the building and land are worth about $917,000 for tax purposes. However, they aren’t making any more land on Tappan so you will need come up with a fair market offer on the property. Given the demand for similar lower tier properties, somewhere around $1.5m would be a reasonable offer. This range assumes the interior is poor condition.
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