COHEN GLOBAL PROPERTY INC was formed in the State of New York in 2005 and engages primarily in the buying, renovating, and selling of single and multi-family dwellings in the New York City metropolitan area.
The organization is divided into a few commonly owned corporations (1750 Dean St. LLC, 419 Pulaski LLC, Dean- Utica LLC, 72 Utica LLC, 649 Willoughby LLC, S.Y.0 connection Inc, 461 Willis Ave LLC, 325 Cypress LLC, 1520 Lincoln P1 LLC, 41 Wolcott St LLC, 92-17 190 Street LLC and many more).
The company has established many development sites, with this specialization in the five boroughs. Uniquely, the company has been rehabilitating and reselling homes on an average of 60-120 days.
New construction to sell has average 60-180 days from the date of receipt of the building departments permits.
The buyer profile frequently consists of "first time homebuyers" and middle-income earners, such as city and other municipal employees, health-care workers, trade-unions members and others with stable incomes.
The appeal of the product being offered by the company is a new constructed home in improving neighborhood that can be purchased with a modest down payment. The availability of end loan mortgage and access to quality and affordable homes are the primary drivers for this market which is experiencing tremendous growth.
In addition to its core business of selling new Construction homes, over the past twelve months the company has build and sold 16 newly constructed
houses and expected that new construction will become a significant area for future growth and profitability.
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