Global One Investments, LLC

- 118-35 Queens Blvd, Forest Hills, NY 11375

In the complex and competitive New York City real estate market, some firms specialize in a different side of the business—not just in helping individuals buy and sell single homes, but in the large-scale acquisition and management of residential properties. Global One Investments, LLC is one such firm, a real estate investment company with a significant presence in the New York metropolitan area. Their focus is on core-plus and value-add multifamily investments, which means they acquire properties and improve them to increase their value and enhance the living experience for tenants. This business model positions them as a key player in the city's housing market, particularly in the middle-income and affordable housing sectors.

Global One Investments, LLC, through its affiliate Nelson Management Group, Ltd, has established itself as a premier owner and operator of multifamily properties in New York. Their strategy involves identifying and acquiring properties that are in need of significant capital work, and then upgrading the apartments, common areas, security, and building systems. This approach not only improves the quality of the housing stock but also demonstrates a commitment to tenant satisfaction. By investing in these properties, they aim to position them at the top of their local markets while also reducing the buildings' carbon footprint through a focus on energy efficiency. This blend of investment strategy and property management makes them a unique entity in the real estate world, as they are both investors and hands-on operators.

Their portfolio is a testament to their long-standing presence in the New York market, with acquisitions totaling over 3,000 units across 12 distinct properties since 1996. The firm’s principals, Michael Gerstein and Robert Nelson, have decades of combined experience and have owned or managed thousands of units of multifamily housing. Their extensive knowledge of the local housing market, as well as state and local housing policies, provides them with a thorough understanding of the intricacies of real estate in New York City. This depth of experience and local insight is invaluable in navigating a market with so many regulations and complexities.

Global One Investments, LLC is located at 118-35 Queens Blvd, Forest Hills, NY 11375, USA. This address places the firm in a central and highly accessible part of Queens, a borough known for its diverse neighborhoods and strong residential market. Queens Boulevard is a major artery that runs through Forest Hills, a neighborhood celebrated for its leafy streets, beautiful architecture, and a mix of residential and commercial properties. The location is not only geographically central but also well-connected, making it a convenient base for their operations.

A significant feature of this location is its accessibility. The provided information notes a "Wheelchair accessible entrance," which is a key detail that speaks to their consideration for clients and visitors with mobility challenges. This is a crucial element for any business that aims to be inclusive and welcoming to all members of the community. Beyond this, the address is in close proximity to major subway stations and bus routes, including the E, F, M, and R trains, which serve as lifelines connecting Queens to Manhattan and other boroughs. This ease of access ensures that their team can efficiently manage properties across the city and that partners and investors can easily visit their office.

Services Offered:

• Real Estate Investment: Acquiring multifamily properties in the New York City metropolitan area.
• Property Management: A hands-on approach to managing and operating existing residential buildings through their affiliate, Nelson Management Group, Ltd.
• Value-Add Investments: Specializing in improving properties by upgrading apartments, common areas, and security.
• Green Initiatives: A commitment to increasing energy efficiency at their properties to decrease the carbon footprint and lower operating costs.

Features / Highlights:

• Proven Track Record: The firm has a long history and an extensive portfolio of acquired and managed properties in New York City.
• Local Expertise: The principals and their team have decades of experience and a deep understanding of the local housing market and policies.
• Comprehensive Approach: They function as both investors and operators, which allows for a seamless integration of acquisition and management strategies.
• Focus on Multifamily Housing: Their specialization in this sector provides a focused and expert service for investors and tenants.
• Accessibility: The office features a wheelchair-accessible entrance, demonstrating a commitment to serving all members of the community.

Contact Information:

• Address: 118-35 Queens Blvd, Forest Hills, NY 11375, USA
• Phone: (718) 997-9500

What is worth choosing Global One Investments, LLC?

For those interested in the investment and management side of New York real estate, Global One Investments, LLC is a compelling choice. Their business model is not about serving individual homebuyers, but rather about a sophisticated, long-term approach to real estate ownership. The firm's long history, extensive portfolio, and proven track record of acquiring and improving multifamily properties speak to their reliability and expertise. The fact that they are both owners and operators means they have a vested interest in the long-term health and success of their properties, which can translate into well-maintained and efficiently managed buildings.

The firm’s focus on middle-income and affordable properties also demonstrates a business model with a social component, as they are actively working to improve the housing stock for a significant portion of New York City’s population. The hands-on management style, with principals actively involved in the day-to-day operations, suggests a level of dedication and oversight that is not always present in larger, more impersonal firms. For investors, this provides a transparent and well-managed opportunity. For tenants in their properties, it can mean a better living experience. Ultimately, the worth of choosing Global One Investments, LLC lies in their specialized expertise, their deep local knowledge, and their commitment to both the financial and operational success of their properties.

Global One Investments, LLC

118-35 Queens Blvd, Forest Hills, NY 11375, USA