Sperry Van Ness #CRE National Sales Meeting 6-3-13
Anthony Palmiotto Professional Qualifications
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Mr. Palmiotto has been in the commercial real estate
industry since 2010 and joined Kislak in 2012. He specializes in
the sale of multifamily and other investment properties
throughout Philadelphia metro area including Southern New
Jersey. Prior to joining Kislak, Mr. Palmiotto worked for
another commercial real estate brokerage firm where he
specialized in the leasing of retail and other commercial
properties.
Mr. Palmiotto is a graduate of The College of New Jersey. He is a licensed real estate
salesperson in New Jersey and Pennsylvania and is a member of New Jersey Young
Professionals, the New Jersey Apartment Association and the Pennsylvania Apartment
Association.
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Mapleview Apartments
Merchantville, NJ
110 Residential Units
$7,650,000
Ashley Court Apartments
Philadelphia, PA
254 Residential Units
$16,125,000
Levittown Trace Apartments
Bristol, PA
617 Residential Units
$26,025,298
English Village
Horsham, PA
598 Residential Units
$82,370,402
Awbury Apartments
Philadelphia, PA
44 Residential Units
$2,700,000
Upsal Apartments
Philadelphia, PA
29 Residential Units
$1,759,500
31 North Virginia Avenue
Atlantic City, NJ
38 Residential Units
$1,444,000
Independence Press Building
Philadelphia, PA
156,000 SF
$5,000,000
2.
The Kislak Company, Inc.
Anthony Palmiotto
Sales Associate
PROFESSIONAL QUALIFICATIONS
All information contained herein has been supplied by sources deemed reliable. Accordingly, no
warranty or representation, expressed or implied, is made as to the accuracy of the information
contained herein, and same is submitted to errors, omissions, change of price, rental or other conditions,
withdrawal without notice, and to any special listing conditions imposed by our principals.
www.kislakrealty.com
KISLAK SALES IN PHILADELPHIA AND
SURROUNDING AREAS
TOWN PROPERTY NAME # OF UNITS
Bristol, PA Levittown Trace Apartments 617 units
Horsham, PA English Village Apartments 598 units
Philadelphia, PA Empirian Luxury Towers 582 units
Bensalem, PA Bucks Meadow 344 units
Philadelphia, PA MAC Portfolio 312 units
Lansdowne & Yeadon, PA Lansdowne Portfolio 288 units
Philadelphia, PA Ashley Court Apartments 254 units
Philadelphia, PA Phildelphia Portfolio 235 units
Philadelphia, PA Aderet Portfolio 230 units
Philadelphia, PA Fishers Crossing 216 units
Philadelphia, PA Hillside Gardens 201 units
Glenolden, PA Glen Brook Apartments 177 units
Penndel, PA Sherwood Meadows 174 units
Chester, PA Walnut Chestnut Park Plaza Apartments 138 units
Philadelphia, PA Manchester Apartments 132 units
Sharon Hill, PA Spring Village Apartments 124 units
Philadelphia, PA Frankford Terrace Apartments 116 units
Levittown, PA Country Club Apartments 112 units
Philadelphia, PA Cedar Glen Apartments 110 units
Philadelphia, PA Chapelcroft Apartments 105 units
Hatboro, PA The Garner House 102 units
Philadelphia, PA Holme Circle Apartments 102 units
Philadelphia, PA Park Circle Apartments & Hermitage Apartments 101 units
Philadelphia, PA Liberty Crossing Apartments 96 units
Philadelphia, PA See Comments 95 units
Philadelphia, PA Deauville Apartments 94 units
Croydon, PA Croydon Station Apartments 93 units
Philadelphia, PA Windermere Court Apartments 91 units
Philadelphia, PA Haldeman Manor Apartments 91 units
Philadelphia, PA Windsor Estates 82 units
Philadelphia, PA Windsor Estates Apartments 82 units
Philadelphia, PA Lotus Village Apartments 82 units
Bensalem, PA Salem Crossing Apartments 80 units
Philadelphia, PA Franklin Square Town Homes 80 units
Philadelphia, PA Cobbs Creek Court 79 units
Bensalem, PA Bensalem Court Apartments 77 units
Philadelphia, PA Benton Gardens 73 units
Folcroft, PA See Comments 72 units
Philadelphia, PA Oxford Tower Apartments 72 units
Bensalem, PA Bucks Crossing 68 units
Philadelphia, PA Laverock Place Apartments 66 units
Lansdowne, PA Patricia Court 66 units
Yeadon, PA Ridgeway Court 66 units
Ridley Park, PA Ridley Station Apartments 66 units
Upper Darby, PA Minerva Court Apartments 64 units
Lansdowne, PA Marshall House 63 units
Philadelphia, PA Penn Manor Apartments 62 units
Philadelphia, PA Windsor Terrace Apartments 58 units
Philadelphia, PA Meadowview Apartments 58 units
Atlantic City, NJ North Virginia Avenue 38 units
Atlantic City, NJ Victorian Court Townhomes I 15 units
3. REDEVELOPMENT OPPORTUNITY - 156,000 SF
INDEPENDENCE PRESS BUILDING
525 North 11th Street
Philadelphia, Pennsylvania
PROPERTY HIGHLIGHTS
• Historic building located in up and coming ‘Loft
District’ neighborhood
• Close proximity to multiple hospitals
• 9-story structure
• Tax abatement available
• Approved and permitted for 92 apartments plus
98 parking spaces
• Easy access to universities
• Rooftop cellular lease
• New “Class A” residential nearby
• Fully remediated
All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or
other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
Sold by:
MATT WEILHEIMER
SENIOR VICE PRESIDENT
mweilheimer@kislakrealty.com
732 750 3000 ext 253
732 750 3040 fax
ANTHONY PALMIOTTO
SALES ASSOCIATE
apalmiotto@kislakrealty.com
732 750 3000 ext 357
732 750 3040 fax
THE KISLAK COMPANY, INC.
661 Reading Avenue
West Reading, Pennsylvania 19611
1000 US Highway 9 North
Woodbridge, New Jersey 07095
www.kislakrealty.com
SO
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4. THE KISLAK COMPANY, INC.
1000 US Highway 9 North
Woodbridge, New Jersey 07095
661 Reading Avenue
West Reading, Pennsylvania 19611
www.kislakrealty.com
38 RESIDENTIAL UNITS
31 North Virginia Avenue
Atlantic City, New Jersey
PROPERTY HIGHLIGHTS
ANTHONY PALMIOTTO
SALES ASSOCIATE
apalmiotto@kislakrealty.com
732 750 3000 ext 357
732 750 3040 fax
All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or
other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
• Good neighborhood
• 80% of units are renovated
• Tenants pay for electric heat & hot
water
• On-Site laundry facility
• Excellent unit mix
• Upside in rental income
• Individual hot water heaters (30 – 50
gallons)
• Sprinkler system throughout building
• Central fire alarm system
• Valid green card
• Walking distance to casinos and
boardwalk
Presented by:
SO
LD
5. All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is
submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
• One- and two-bedroom apartments with walk-in closets and eat-in kitchens
• Two-level, two-bedroom townhouses
• Spectacular 5,000 SF clubhouse that includes billiards room, meeting
room, game room, coffee bar, business center, great room with fireplace
and state-of-the-art fitness center
• Olympic-size swimming pool
• Tennis court
• Community garden available to tenants
• On-site laundry room
SOLD
Property Highlights
The Kislak Company, Inc.
1000 US Highway 9 North
Woodbridge, New Jersey 07095
732 750 3000 ph
732 750 3040 fax
www.kislakrealty.com
English Village
Horsham Township, Pennsylvania
598 Residential Units
6. Anthony Palmiotto
Sales Associate
apalmiotto@kislakrealty.com
732 750 3000 ext 357
The Kislak Company, Inc.
1000 US Highway 9 North
Woodbridge, New Jersey 07095
www.kislakrealty.com
SOLD-Upsal Apartments
500 E Upsal Avenue
Philadelphia, Pennsylvania
29 Residential Units
All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is
submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
PROPERTY HIGHLIGHTS
• 29 Residential units
• 96% Occupancy
• On-site parking
• Tenants pay utilities
• Very close to Awbury Arboretum and other parks
Michael Wahl
Sales Associate
mwahl@kislakrealty.com
732 750 3000 ext 223
SOLD
Sold at 7 Cap
7. All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is
submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
• 13 Units are Section 8
• Two new water heaters
• New roof
• New boiler
• Secured building with intercom system
• On-site parking
• Two sets of coin-op machines
Unit Mix:
One Bedroom 9
Two Bedroom 6
Exclusive Listing
8742 Cottage Street
Philadelphia, Pennsylvania
15 Residential Units
Anthony Palmiotto
Sales Associate
apalmiotto@kislakrealty.com
732 750 3000 ext 357
The Kislak Company, Inc.
1000 US Highway 9 North
Woodbridge, New Jersey 07095
www.kislakrealty.com
For more information about this property or others,
please contact:
Exclusive Listing
8742 Cottage Street
Philadelphia, Pennsylvania
15 Residential Units
SOLD!
$65,000 per unit
8. Anthony Palmiotto
Sales Associate
apalmiotto@kislakrealty.com
732 750 3000 ext 357
The Kislak Company, Inc.
1000 US Highway 9 North
Woodbridge, New Jersey 07095
www.kislakrealty.com
Sold - Victorian Court Townhomes
Atlantic County, New Jersey
All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is
submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
PROPERTY HIGHLIGHTS
• 100% Occupancy
• All units are large 3 bedrooms containing 1,134 SF
• Private parking
• Separately metered water can be passed through to
tenants
• Tremendous upside in rental income
• Opportunity for condo conversion
• Great location with easy access to public transit,
shopping and dining
Condo Conversion Opportunity
For more information about this exclusive or other
properties, please contact:
SOLD!
9. Anthony Palmiotto
Sales Associate
apalmiotto@kislakrealty.com
732 750 3000 ext 357
The Kislak Company, Inc.
1000 US Highway 9 North
Woodbridge, New Jersey 07095
www.kislakrealty.com
SOLD- Ewing, New Jersey
The Ewing Apartments
10 Residential Units
All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is
submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
PROPERTY HIGHLIGHTS
• New roof and windows in 2006
• New hot water heater in 2008
• New pump in furnace in 2012
• Current Green Card as of 3/12/2013
• 12 on-site parking spaces with potential for additional income
of $50 per car per month
• Excellent location
• Below market rents
• Underutilized space with potential to build laundry room for
additional income of $250 per month
• Attic has space for two additional one bedroom apartments for
extra potential income of $800 per month per apartment
SOLD
by Anthony Palmiotto
10. All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is
submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
SOLD - 871 Residential Units + 1 Office
Pennsylvania
• 97% Occupied
• Same owner since 1965
• Ten 2 1/2-story center hall all-brick
buildings with semi-private entrances
• Free standing office building
approximately 2,000 SF
• All windows replaced within last 7 years
• 300+ On-site parking spaces
• Close to I-95, the Pennsylvania Turnpike,
shopping, dining and entertainment
The Kislak Company, Inc.
1000 US Highway 9 North
Woodbridge, New Jersey 07095
732 750 3000 ph
732 750 3040 fax
www.kislakrealty.com
For more information on this property or to discuss other
investment opportunities, please contact:
Ashley Court Apartments
Philadelphia, PA
254 Residential Units + 1 Office
• 90-94% Occupied
• Semi-Private entrances with intercom
system
• On-site laundry facilities
• Spacious courtyard
• Abundant parking
• Pool, playground, barbeques and picnic
benches
• Close to major shopping areas,
restaurants, highways and schools
Levittown Trace Apartment Homes
Bristol, PA
617 Residential Units
11. All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is
submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
Property Highlights
Mapleview Apartments
50-56 West Maple Avenue
Merchantville, New Jersey
• 110 Residential Units
• No rent control
• Walking distance to shopping
• Increase in revenue potential by upgrading the units
• Excellent tenancy
• Recent capital upgrades include paving and $200,000 for 3 new boilers
• Well maintained property
• Bus stop located in front of property
• Gas contract thru 12/2014
• Current Green card
• Laundry facilities on-site
• Located near the Cherry Hill border
• Parking on-site
• Assumable financing of 9 years remaining, at 3.99% with principal balance of
$5,811,653 as of 8/13
The Kislak Company, Inc.
1000 US Highway 9 North
Woodbridge, New Jersey 07095
www.kislakrealty.com
SOLD
12. For details about this properties or to discuss other investment
opportunities, please contact:
All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is
submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
The Kislak Company, Inc.
1000 Route 9 North
Woodbridge, New Jersey 07095
732 750 3000
www.kislakrealty.com
SOLD-Awbury Apartments
1240 East Washington Lane
Mount Airy Philadelphia, Pennsylvania
44 Apartments
Unit Mix:
One Bedrooms 22
Two Bedrooms 22
M
SOLD
SOLD
Call for details
13. For details about this transaction or to discuss other
investment opportunities, please contact:
The Kislak Company, Inc.
Featured Sale
Philadelphia, Pennsylvania
• 569 Residential Units & 13 Commercial Spaces on 25 Acres
All information contained herein has been supplied by sources deemed reliable. Accordingly, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is
submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
The Kislak Company, Inc.
1000 Route 9 North
Woodbridge, New Jersey 07095
732 750 3000
www.kislakrealty.com
• Gated community with
guard house
• Spacious units
• Beautifully landscaped
• On-site parking and garage
• On-site laundry facilities
• Fitness center & tennis
courts
• Easy access to Center City
and Routes 76, 676, 95, 1
and 611
SOLD
SO
•