Staten Island Real Estate News - August, 2019

Protect Your Property: 6 Types of Property Insurance You Need to Know About

Whether you have your own home, have an office location, rent a home, or live in an apartment you have property. This is an accomplishment even if you don't technically own it. Everyone should have property insurance to make sure they're protected.

In the case of a crime, weather conditions, natural disasters, and other situations, you need insurance coverage. You could lose your property or everything you have otherwise.

There are various property insurance policies that cover specific damages and belongings. Here are six types of property insurance you should know about. (

1. Homeowner's Insurance

The average cost of storm damage repairs is about $8,000. Many people don't have this kind of money laying around. To skip extensive home…

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How to Get a Low Mortgage Payment: 8 Tips for First Time Buyers

In today's financial climate, buying a house isn't exactly easy. When adjusted for inflation, what would have cost around $30,000 in the 1940s now costs around $200,000.

It's no wonder that so many potential homeowners are foregoing ownership in favor of rental. For these individuals, buying a home is either unfeasible or impossible. 

However, that doesn't mean that you should give up on homeownership just yet. By reducing your mortgage, you might be able to make homeownership a reality. 

Wondering how to get a low mortgage payment? Read on. This article is here to help. 

Here's How to Get a Low Mortgage Payment

There's no magic method for lowering one's mortgage payment. If you want a low payment, you have to put in some work. Here's what…

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80 Bay St Landing 1J

The Nixon McGowan Team of Casandra Properties is proud to announce their new listing located at 80 Bay Street Landing, Staten Island, NY.  

Featured for sale is an expansive three (3) bed, three (3) bath duplex condo in Staten Island's exclusive Bay Street Landing complex. Spanning over 2,579 SF of living space and 883 SF patio/garden area, this unit is one of the largest in the building. First floor features long foyer w/ multiple closets, 1 bed, and gorgeous 3/4 bath. Renovated in 2013, the first floor is an entertainer's dream. The over-sized kitchen includes SS appliances, upgraded counter tops, wine fridge, double wall oven, and stove in Island. The dining room features double height ceilings and allows for hosting large crowds. A uniquely…

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Living Your Best Life on A Budget: How to Decorate a Loft

There are different types of apartments for just about everyone out there, from simple one-bedrooms to studios to penthouse apartments.

However, few come close to the charm and intrigue of loft apartments. Their tall ceilings and large windows make you feel like you're living in your own little world!

If you've recently signed a lease on a loft or are on the hunt for one, you may be wondering how you can afford to decorate such a unique space.

Luckily, decorating a loft can be done on even the tightest of budgets! If you're interested in finding out how to decorate a loft on a budget, keep reading below!

How to Decorate a Loft on a Budget

Lofts are traditionally large, open areas converted from industrial buildings into…

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5 Must-Have Property Features That Every Home Buyer Is Looking For

The latest 2019 statistics reveal existing U.S. annual home sales of over 4.5 million. 

But there are some things you can do to make the process quicker and more profitable. 

Are you ready to sell your house? Here are 5 key property features that'll help you sell your house faster. 

Bang for Your Buck

Selling a home is a big undertaking which is best done with the help of a real estate team for guidance. Click here for more about that. 

If you're putting your home up for sale, make sure it's squeaky clean. 

Declutter, take down personal photos and clean out closets and drawers. The house should look bright and open. 

If your home doesn't have these five features, consider adding a few before you put the house on the market. 

1.…

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1370-1372 Richmond Rd

The Nixon McGowan Team of Casandra Properties is proud to announce their new listing located at 1370-1372 Richmond Road in Dongan Hills, Staten Island.  

There are two separate storefronts being offered for lease. Both spaces consisting of approx. 1,500 SF and 1,100 SF have been recently renovated and are ready for immediate occupancy. Perfect for retail and/or office. Located on a corner with a traffic light, great visibility and strong vehicular traffic. There is plenty of street traffic and uniquely situated right by a bus stop. 

Click here for more details on the listing page.

For more information contact the Nixon McGowan Team at 718-816-7799 or email Rob@CasandraProperties.com or Brian@CasandraProperties.com

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5 Tips to Be a Successful First Time Landlord

Did you know that over one-third of Americans rent their home?

With so many people interested in renting, becoming a landlord can be a lucrative and rewarding job for anyone.

Are you interested in becoming a first time landlord? If so, here are 5 key tips that will help you succeed.

1. Every First Time Landlord Needs a Team of Professionals

Real estate investing is serious business whether it's your first or fifth property. This is why it's crucial to gather a team of experienced professionals who can help you navigate the confusing legal and financial matters. Real estate agents, lawyers, and accountants will be able to ensure your investment is safe and profitable in the long run.

Since each state has different property laws, it's…

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9 Incredible Benefits of Investing in Real Estate

“Buy land, they’re not making it anymore.”

That’s the famous quote that’s attributed to Mark Twain. Even then, he recognized the benefits of investing in real estate.

Land is a scarce commodity. It’s not something that you can create or manufacture. You can place improvements on the land to increase the value, but that’s it. That’s one reason why real estate is a smart investment.

It’s also a great opportunity to build wealth and security at a time when things seem too volatile. Read on to learn about the benefits of real estate investing and how you can get started.

The Top Benefits of Investing in Real Estate

Are you considering investing in real estate? You may be thinking whether or not it’s a good investment. Like all investments,…

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Smart Technology for Seniors Living Alone

It’s no secret that as we age, it becomes more difficult to perform everyday tasks, or manage the home. However, smart technology has become especially beneficial for seniors, as it opens up the opportunity to perform tasks, maintain independence, and ultimately stay living comfortably and safe within your own home. If you or a loved one are considering smart devices to utilize at home, read up on some of the most beneficial below! 

1. Smart Detection Devices.

Smart stove alarms are installed in a person's home to alert them of a potentially dangerous situation in the kitchen – such as smoke, a burner left on, or a fire. They act as smoke detectors and also alert you before a potential fire or toxic gas is emitted, giving you time to act. 

…

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Where are the Boomers Going?

Staten Island with a current population of 485,144 is typically a bucolic bedroom community with the majority of residences comprised of privately owned one- and two-family homes. Current average home value is $556,601.    Of some 167,672 households, 47.3% are over the age of 55 with an anticipated growth rate in senior ownership of .63% by 2023.   

There are few if any options for Staten Island’s aging population who are looking to downsize, or who no longer can or want to manage the day-to-day maintenance of a private home and who wish to stay near their families in the community they have established a life in.  With such a large customer base, it is hard to imagine that there not more available product. 

There is currently only one luxury 55+…

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