New for investors

Get first look at bank-owned properties.

Island Advantage Realty lists a steady stream of bank-owned (REO) properties across Long Island and New York City, and the good ones move fast. Sign up and pick your areas to hear about them first. It takes less than a minute.

Areas we cover

  • Nassau
  • Suffolk
  • Queens
  • Brooklyn
  • Bronx
  • Manhattan
  • Westchester
Get investor alerts

New vacant cash/rehab listings

    See all listings with photos →

    From islandadvantage.com

    Recent Island Advantage listings

    Tap a photo to see it larger. Use “View listing” to open it on islandadvantage.com. Information deemed reliable but not guaranteed; check the listing page for current status.

    Other brokerages & bank-owned

    More Bank-Owned Opportunities

    Listings in this section are not listed by Island Advantage Realty. Information deemed reliable but not guaranteed. Questions? Reply to any of our texts or emails.

    Long Island · New York City · Westchester · Rockland

    Investor alerts for bank-owned & REO opportunities.

    Tell Island Advantage Realty the areas, price range and property types you want. When a matching opportunity becomes available, our team can let you know.

    • Choose any mix of Nassau, Suffolk, NYC boroughs, Westchester and Rockland
    • Email and text alerts are separate, optional choices
    • Stop texts anytime by replying STOP

    Island Advantage Realty 360 Motor Parkway, Ste 200A, Hauppauge, NY 11788

    Island Advantage Realty LLC · Licensed Real Estate Broker, New York · Equal Housing Opportunity

    Investor interest form

    Investor interest form — cash & rehab properties

    Takes about a minute. Fields marked are required.

    1Your contact details

    2Areas of interest

    Select all the areas you’re interested in. You can choose more than one.

    Long Island

    New York City

    North of NYC

    3Your saved search: price range & property type

    4How we can reach you

    Want listing alerts by text?

    This is optional. Check the box only if you want texts about opportunities that match your criteria. You can submit the form without it, and the box is never checked for you.

    Text-message consent is optional, separate from email, and never preselected. Text alerts go out as soon as matching properties are listed. Reply STOP at any time to opt out.

    Your details go to the Island Advantage Realty team. No texts are sent by submitting this form.

    A clearer way to connect

    Focused on the areas and property types that matter to you.

    Bank-owned and REO opportunities can move quickly. A concise investor profile helps Island Advantage Realty understand the areas, price range, and property types you want to discuss.

    Bank-owned and REO opportunities appear on this page only when shared from verified source records. Join the list to hear about them first.

    How it works

    Three simple steps

    01

    Share your focus

    Choose your preferred geography, budget, and property type.

    02

    We review your profile

    An Island Advantage team member can review your request and follow up as appropriate.

    03

    Choose communications

    Email and text communications are separate choices. Text alerts require affirmative consent.

    What happens next. We record your interest in our CRM. Text alerts only go out if you check the text-message consent box.

    Island Advantage Realty

    Local guidance. Clear next steps.

    For questions about investor opportunities, contact Island Advantage Realty directly.

    Rob@islandadvantagerealty.com