Real Estate Investment, Advisory & Management
Based in Brooklyn, Cydean LLC is a full-service real estate investment, advisory and management firm. We have capabilities in sourcing, acquisition, financing, renovation and asset management.
Our leadership team has a three decade history of successful real estate investing and management.
Our Story
Cydean LLC was founded in 2003 to continue our founder’s successful value-added approach to real estate investment. The company seeks multi-family apartment investment opportunities in low to moderate income neighborhoods within the New York metropolitan area. We look to identify underutilized assets and improve cash flow in a manner which is sustainable and beneficial to our investors as well as local communities.
Through our use of quantitative and qualitative criteria, we identify mismanaged or under-capitalized properties and add value through improved financing, renovation and management. This approach to real estate investment has resulted in superior risk adjusted returns over many years.
Services
ADVISORY & BROKERAGE SERVICES
Identify High Potential Opportunities
Cydean LLC has decades of expertise in property assessment, valuation and cash flow analysis. Our goal is to identify opportunities with attractive risk/return profiles based on quantitative and qualitative metrics. We can participate as an investor or in an advisory role.
RENOVATION & PROJECT MANAGEMENT
Unlock Value & Increase Cash Flow
We enhance the value of properties for both owners and tenants through renovations and improvements based on risk/return analysis. Cydean LLC utilizes a network of trusted contractors to ensure quality and limit cost overruns.
PROPERTY & TENANT MANAGEMENT
Improve Maintenance & Tenant Relations
The Cydean LLC team works to lessen the management and administrative burden for owners. Our services include property management, tenant relations, tenant screening, rent collection, insurance and regulatory compliance.
Projects
A Proven Strategy
Over the past 30 years Cydean LLC has participated in the evolution of the residential real estate market in Brooklyn. Our strategy based on quantitative and qualitative measures has consistently identified investment opportunities which provide positive returns for our investors as well as our community.
The projects below are a sampling of investments in which Cydean LLC principals have participated in.
PROSPECT HEIGHTS
Identify Distressed Opportunities
Cydean LLC acquired a property in this centrally located neighborhood at a significant discount from a financial institution during the most recent “great” recession. The area has undergone a residential and commercial renaissance due to public and private investment in Barclays Center and other large scale projects. This has resulted in superior returns for our investors.
CLINTON HILL
Uncover Relative Value
Cydean LLC’s Managing Partner successfully acquired a brownstone in this neighborhood when Clinton Hill was undervalued relative to other areas such as Fort Greene and Park Slope. In the ensuing years property values and rent rolls have increased dramatically as demographic changes brought new families and businesses to the area.
FORT GREENE
Utilize Local Knowledge & Network
This acquisition created the template for Cydean LLC’s successful investment strategy. Fort Greene is a centrally located neighborhood with easy access to public transit. By leveraging local relationships to identify and acquire underutilized properties, the team’s Managing Partner has made multiple successful investments in this neighborhood.