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Richard Torres

33 Closed Sales
$15.8M Total Value
$265K - $825K Price Range
$479.5K Average Price
Prior five years

About Richard

Richard Torres is a distinguished figure in the world of real estate, serving as the visionary founder of R.A.S. Equity Partners and Remedial Property Management Incorporated. With a laser focus on Real Estate Investment Sales, Mr. Torres specializes in the sale of diverse property types, including development, multifamily, retail, and residential properties spanning the vibrant landscapes of New York and Connecticut.

Before establishing R.A.S. Equity Partners LLC, Mr. Torres held a pivotal role as the Real Estate Director of Investment Sales at Besen & Associates. During his tenure, he orchestrated the successful sale and listing of real estate transactions exceeding a staggering $100 million in total value. Mr. Torres also serves as a dedicated Broker for the Bronx Public Administrations Office of the Supreme Court, where he collaborates closely with court-appointed Receivers and Note Holders in the expert management of distressed asset properties.

In conjunction with Remedial Property Management Solutions, Inc., Mr. Torres and his adept team offer a comprehensive suite of services, meticulously preparing assets for seamless integration into the market. Drawing upon his extensive experience in residential sales and rentals, Mr. Torres has cultivated enduring relationships that consistently generate business in the residential market. This success led to the establishment of the R.A.S. Residential division.

Mr. Torres possesses a rich portfolio of expertise, including commercial leasing and real estate property evaluation. With nearly two decades of hands-on experience, he has cultivated invaluable connections with respected developers, landlords, lenders, elected officials, attorneys, and city agencies. His portfolio includes a diverse array of projects, encompassing court-appointed receivership buildings, H.D.F.C. buildings, and privately owned assets. He boasts a proven track record of collaborating with regulatory bodies such as HPD, DOB, ECB, and D.H.C.R. to rectify building-wide violations and navigating L&T court proceedings.

Embodying his motto of "Bridging the Gap between Landlords & Tenants," Mr. Torres has successfully mediated complex legal issues involving landlords, tenants, and city/nonprofit agencies. His dedication to fostering peaceful and secure tenant-landlord relationships aligns seamlessly with his commitment to advancing positive progress and equal housing opportunities for all. A Bronx native, he harbors an unwavering passion for enhancing neighborhoods through the maximization of a building's potential.

As an esteemed member of the Board of Realtors, Mr. Torres upholds the highest standards of ethics and adheres rigorously to all NAR codes of standard operational practices. His unwavering belief in equal opportunity and equitable treatment for all has earned him acclaim from clients and industry leaders alike, commending his unwavering professionalism and ethical conduct.
Home Types: MultiFamily, Condo, House, Co-op
Languages Spoken: English, Spanish
Years of Experience: 7

Transaction History

Seller Deals

Total Deals
5
Total Value
$2,855,000
Average Sale Price
$571,000
Price Range
$160K - $720K

Buyer Deals

Total Deals
1
Total Value
$75,000
Average Sale Price
$75,000

Production Over Time

1 Year View by Quarter

Seller Deals

Total Deals
14
Total Value
$7,197,000
Average Sale Price
$514,071
Price Range
$130K - $770K

Buyer Deals

Total Deals
2
Total Value
$174,000
Average Sale Price
$87,000
Price Range
$75K - $99K

Seller Deals

Total Deals
29
Total Value
$14,779,000
Average Sale Price
$509,621
Price Range
$130K - $825K

Buyer Deals

Total Deals
4
Total Value
$1,044,000
Average Sale Price
$261,000
Price Range
$75K - $650K

Production Over Time

5 Year View

Richard's Listings and Deals

Agent License: New York 10491213413 Connecticut REB.0793207
Agent Photo

Richard Torres