LEADING PROPERTY MANAGEMENT FIRM
Discover a place that feels like home
Welcome to MJR Real Estate Mgmt - your ultimate destination for renting or developing the perfect home. Whether you're looking to rent, invest, develop and construct, or need building management, we're here to make your real estate objectives materialize.
Types of Properties Under Management
Types of Properties We Manage
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Multi-family properties (2 to 12-unit buildings) and townhouses across New York City.
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Investment properties focused on maximizing returns with efficient management.
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Historic and modern properties blending charm with contemporary convenience.
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Rental buildings designed for both long-term tenants and investment-focused owners.
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Renovated townhouses, brownstones, and boutique multi-family residences.
Key Features of Our Managed Properties
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Spacious layouts with large windows providing natural light.
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Modern kitchens featuring stainless steel appliances and updated finishes.
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Hardwood floors and high ceilings, including exposed brick elements in select properties.
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Convenient locations near major transit, shopping, dining, and entertainment.
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Outdoor spaces designed for resident comfort and relaxation.
Our Management Approach
At MJR Real Estate, we take a data-driven approach to property management, aiming to achieve above market cap rates of > 10% while ensuring positive cash flow and long-term value appreciation. Through strategic renovations, optimized tenant placement, and proactive maintenance, we maximize profitability for property owners.
INVESTMENT AND DEVELOPMENT
We are experts in identifying real estate opportunities in all areas. With a niche of investing in destressed properties that require structural issues, development, tenant management, violations. Our specialization includes:
The information below is a case study exhibiting MJR Management's capability:
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Structural Issues
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Ground up development
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Renovation
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HPD Violation
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ECB Violations
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DOT Violations
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Tenant Issues
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Profitability Optimization
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Budget Management
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Extermination
HART STREET
PROJECT ASSESSMENT:
Hart Street is a three-family investment:
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3 / 3 / 3 with 3 bathrooms plus basement
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Fully occupied building with non-compliant tenants
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32 HPD Violations
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1 DOT Violations
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4 ECB Violations
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Vast Structural Issues
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Full gut renovation required
EXECUTION:
Our team of development and real estate performance improvement specialists executed plan for 8 months:
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Cured all ECB, HPD, and DOT violations within the eight month period
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Addressed material structural issues
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Complete roof replacement with an installation of a 400 sqft roof terrace
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Altered floor place for highest and best use
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Installation of new electrical, plumbing and HVAC
PROJECT COMPLETION:
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Nine Bedrooms with six bathrooms and roof top terrace
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All new electrical, plumbing, and HVAC
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Addressed all structural issues
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Mitigated all violations with minimal cost
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Outdoor patio
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Underbudget by $100,000
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Operating Margin of 94%
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Current cap rate of 11.0%
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Projected IRR of 22.6%
All Videos
CURRENT AVAILABLE RENTALS
Large Fully Renovated 3 Bed 2 Bathroom Duplex!!
Welcome to 680 Hart Street in Bushwick – a unique and newly renovated boutique rental building in the heart of Brooklyn. Thoughtfully designed and tastefully renovated, this building offers a mix of unparalleled historic pre-war charm with all of the modern finishes and conveniences one would desire.
This spacious Duplex features, large outdoor space, a brand new built-in sound system, in-unit GE washer/dryer, virtual intercom doorman, Mitsubishi heating/cooling, over-sized windows, stunning hardwood floors, a decorative fire place with exposed brick, a large living room, and a beautiful kitchen complete with a brand new stainless-steel kitchen appliance package (including a dishwasher).
$5,495 / 12 Month Lease
Large Fully Renovated 3 Bedroom 2 Bathrooms with Large Outdoor Space!
Welcome to 680 Hart Street in Bushwick – a unique and newly renovated boutique rental building in the heart of Brooklyn. Thoughtfully designed and tastefully renovated, this building offers a mix of unparalleled historic pre-war charm with all of the modern finishes and conveniences one would desire.
This spacious second floor unit with large backyard outdoor space features a brand new built-in sound system, in-unit GE washer/dryer, virtual intercom doorman, Mitsubishi heating/cooling, over-sized windows, stunning hardwood floors, a decorative fire place with exposed brick, a large living room, and a beautiful kitchen complete with a brand new stainless-steel kitchen appliance package (including a dishwasher).
Not to mention, you're just 2 blocks to the M train at Myrtle Avenue and 3 blocks to the L train on Wyckoff Avenue. In addition, to having access to an array of incredible bars, restaurants, and more throughout the neighborhood. Welcome home!
$4,650 / 12 Month Lease
Seamless Application Process
NO BROKER FEES
No Broker Fees
No Hassel
Easy Application Process
CONSTRUCTION
We carefully construct our buildings to provide the perfect home for a family, couple or roommates to thrive in Brooklyn, NY. With updated fixtures, outdoor space and laundry in-unit, everything you need is within the home you rent.
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Modern kitchen design
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New stainless-steel appliances
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Spacious eat-in kitchen
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Sleek bathroom design
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18-foot high ceilings
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Striking skylight
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Premium built-in sound system
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In-unit LG washer/dryer
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Virtual Intercom
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Central heating/cooling with HEPA filtration
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Large windows fill the space with natural light
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Exquisite hardwood floors throughout
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Two decorative fireplaces with exposed brick
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Generous living room perfect for entertaining
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Spacious private backyard perfect for outdoor entertaining
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Large bedroom size
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Close to public transportation
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Surrounded by fantastic bars, restaurants, and more
With a wealth of experience in real estate management, consulting, accounting, and finance, we specialize in operational improvement, restructuring, and addressing various real estate challenges, including structural issues, ground-up development, property renovation, and tenant compliance.
Services:
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Property Management and Repair
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Construction
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Performance Improvement and Restructuring
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Rentals and Sales
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Violation Removal
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Budget Management
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Financial and Accounting Services
MJR Real Estate Mgmt LLC we carry an expertise in managing both distressed and profitable properties, focusing on developing operational improvement strategies to enhance our clients' bottom line. Our in-house maintenance and construction team, supported by a network of over 100 connected professionals, ensures the highest quality workmanship.
Technology and Innovation: We leverage state-of-the-art property management software, including AI, to assess and meet your property performance needs. Our innovative approach combines past experience with advanced technology to stay ahead in the property management industry.
For inquiries, please contact us via email at mgmt@mjrassetmgmt.com or by phone at 917-268-2621.
ABOUT US
Founded in 2008, MJR Real Estate Mgmt LLC is a family-owned and operated property management firm based in Williamsburg, Brooklyn.
Contact Us
You can contact us with any questions about us and our services.
Looking forward to hear from you
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