Investor Looking to Unload Sandy House

[Stephen Dispensa]

Hey Guys,

I came across a deal from a developer I'm working with. They bought out a number of properties at a Sandy auction last year and are looking to unload one of them to another investor to free up some cash to finish their other projects. 

The house sits on a good size lot in Island Park. It needs to be lifted, however the current developer has all the necessary permits already. You can come in day 1, have the utilities disconnected, and lift the house. It's already gutted inside and ready to go up. 

The square footage is listed at 828, but to be honest the house seems a lot larger than that. Because the floor joists have been taken out I can't get inside to measure. There is also a structure to the rear of the house that was a converted garage being used as an illegal apartment. There may be a number of possibilities here, including knocking it down and adding an extension to the rear of the house. 

If anyone is interested, call my cell 516-343-0052