Acquisition Criteria

3K Realty is an active real estate investment and holdings firm, acquiring and redeveloping distressed residential and commercial real estate throughout the greater New Jersey and New York metropolitan area—including Southern Connecticut and Eastern PA.

Residential: $80,000 to $400,000
Commercial: $100,000 to $5,000,000

Single Family Residential

  • 2 Bedrooms (Minimum)
  • No Flood Zones (Not including the Jersey Shore markets)
  • Middle-class to high-end markets. Solid Neighborhoods, No “War Zones”
  • Financially or physically distressed
  • No single-family rentals

2-4 Unit Residential Properties

  • Rental Hold or Flip

5-9 Unit Residential & Mixed-Use Commercial Buildings

  • Rental Hold or Flip
  • Preference for properties well suited for Condominium Conversions in Hoboken and Jersey City, NJ or other “conversion friendly” locales
  • Preference for Mixed-use buildings with 9 or fewer total units and at least 50% residential use (also well suited for Condominium Conversions)

5-55 Unit Residential Commercial Buildings

  • Bad Management or/
  • Physically Distressed or/
  • Financially Distressed
  • Minimum 10% CAP Rate or room for improvement to 10% CAP rate

Single Family Redevelopments (Flips), Developments and Condominium Conversions

3K Realty purchases real estate throughout the state of New Jersey with a preference for Hudson, Bergen, Essex, Union, Morris, Ocean and Monmouth Counties
  • New Jersey
  • New York City
  • Brooklyn
  • Long Island
  • Westchester, Rockland, Orange, Nassau and Suffolk Counties in NY
  • Fairfield County, CT
  • Eastern P.A

Rental Properties

  • Although primarily focused on the greater New Jersey and New York metropolitan area—including Southern Connecticut and Eastern PA— when it comes to long-term, larger rental asset acquisitions (5-55 units), 3K Realty is open to acquisitions in most markets throughout the United States— with interest expanding relative to potential After Repair Value (ARV) and the size of the property (i.e., the larger the further). Make your opportunities known.
  • Distressed Property (Physical, Financial and/or Managerial)
  • Distressed Single Family Residential
  • Distressed Mixed-use
  • Distressed Residential Commercial (Multi-dwelling units)
  • Distressed Developments/Conversions
  • Corporate Owned/ Bank Owned/ REO
  • Pre-foreclosures/ Short Sales/ Foreclosures
  • Non-performing Notes
  • Estate Sales
  • Equity Buy Outs
  • Freddie Mac Bulk Purchasing
  • Joint Ventures
  • Contaminated Land (Residential Only)