Staten Island Real Estate News

Real Estate Marketing is incredibly important in today's digital age. Marketing in general is rapid changing so here at Casandra Properties we are staying ahead of the curve by continuing to push the bar and add new methods of showcasing properties. In this video, Casandra Properties CEO and real estate expert, James Prendamano, explains how effective Drone Footage is in order to grab someone's attention by changing their perspective.

 

300 Views, 0 Comments

There’s no one way to invest in real estate. There are several reasons why anyone who can, should consider investing in real estate. Unlike stocks, and other investment types, the real estate market is less volatile. The market makes regular and predictable rises that can be leveraged to maximize an investor’s return. In general, the housing market always appreciates. Historic patterns in the real estate industry have shown that it is likely that the longer you hold onto a piece of property, the larger your return will be. Uniquely, real estate is also a tangible asset. For example, one can use a multifamily home as an investment method, but since it is a tangible item that is being invested in, it could also be multipurpose as a home for the investor.

940 Views, 0 Comments

Lease Agreements 

In commercial real estate, there are several types of lease agreements that landlords can make with tenants. When looking for commercial real estate, it is imperative that tenants understand the terms and structure of the lease agreement. In a net lease, the basic structure usually consists of a base rent amount plus additional costs for typical operational expenses. Typical operational expenses can include property insurance, real estate taxes, maintenance costs, and other expenses. Net leases primarily differ from gross lease in how the rent amount is determined every month. Net lease rent amounts are comprised of multiple costs and expenses that can vary month to month or annually while gross lease agreements call for a single

513 Views, 0 Comments

39 Willowbrook RdAnnouncing for sale 39 Willowbrook Rd. This well maintained semi-attached house is located in the highly desirable neighborhood of Westerleigh in Staten Island.

This gorgeous neighborhood is exceptional in every way. The classically beautiful and all-American homes found in Westerleigh have helped it build up a reputation of prestige in the area. The community is well-established with an ultra-rich history, and is home to some truly exquisite heritage properties with some dating back to the 1700s.

The three bedroom, three bath home features an open floor plan with a dining room and living room combo area, as well as a eat-in kitchen with granite counter tops and stainless steel appliances. The kitchen leads out to a 20'x15' deck perfect for outdoor

355 Views, 0 Comments

1267 Forest AveJust Listed! Fantastic commercial real estate opportunity to own and operate a hidden gem of a pizzeria in the heart of bustling Port  Richmond located on Forest Ave.  Join National tenants such as; Verizon, Allstate Insurance, CKO Kick Boxing and a Staten Island favorite, Crown Palace Chinese Restaurant.  This location sees continuous traffic throughout the day and provides abundant parking!  Top billing on top of the shopping center marquee. All equipment is in Immaculate Condition!!    Turnkey opportunity!  All this pizzeria needs is an energetic operator to thrive off of the already existing customer base.  Currently a new 5 + 5 year lease and  a brand New Lotto machine installed.

For more information contact Anthony at 718.816.7799 or email

816 Views, 0 Comments

Owners of commercial real estate often lease their spaces through one of the various types of net leases. In a net lease, landlords usually charge tenants a lower base, plus additional costs for typical operational expenses of the space. These additional costs can include real estate taxes, insurance, maintenance, janitorial services, management, landscaping, and many other costs. The primary difference between a net lease and a gross lease is that the rent in a net lease can vary based on the associated costs of operating the building, while in a gross lease, the tenant pays a fixed amount every month. 

 

The most common type of net lease is the NNN Lease (Triple Net Lease). In a triple net lease, the tenant is responsible for paying a base rent

934 Views, 0 Comments

Travis Staten IslandTravis is one of the oldest and isolated neighborhoods on the island, and one of the most unique with its interesting mix of residential and industrial real estate, deep military history, proximity to all major highways and transportation, and tranquil farm-like surroundings despite being so close to so much! 

 

Originating as an old Indian village, like most nations in this great country, the area was named New Blazing Star Ferry during Revolutionary times and was a skirmish site of the Battle of Staten Island. For decades dating from 1757, the area was a major part of the route between Philadelphia and New York via the Port Richmond Ferry as well as via present-day Victory Blvd, one of Staten Island's busiest thoroughfares. When it was first

230 Views, 0 Comments

3896 Richmonda AveAnnouncing the availability of 3986 Richmond Ave for lease.  This is a rare opportunity to place your business on Staten Island’s hottest retail corridor, Richmond Ave which is home to the Staten Island Mall and many other national brand tenants.  Approximately 2,500 to 4,000 sf of prime retail space is available for lease in a strip center which includes Pro Health Urgent Care and the popular Campania Restaurant.  Ample off-street parking is available in the rear of the premises which is located on the corner of Richmond Ave. and Amboy Rd., two main arteries which provide great exposure and easy access.  MTA Express and local bus lines as well as the SIRR Train station are just steps away. 

Call Sonia today for further details at 718.816.7799 or email

887 Views, 0 Comments

Staten Island Ferry SystemI was thrilled to read the article in the Staten Island Advance announcing that Staten Island is being added to the city’s fast ferry system. I would like to start off by thanking Mayor Bill de Blasio, Borough President James Oddo, and Councilwoman Debi Rose for their herculean effort bringing this route to Staten Island.  

 

It goes without saying that this is such a boom for the north shore and our surrounding commercial real estate and residential real estate projects such as Empire Outlets, URBY, Liberty Towers, and Downtown Plaza. This new route will enable Staten Island commuters the ability to get to Downtown and to Midtown on the West side in a much shorter amount of time.  The Staten Island Ferry currently has over 70,000 riders per day and

793 Views, 0 Comments

 In commercial real estate, when a company is leasing space for the operation of their business, there is no one way to pay for that lease. In fact, there are several types of leases in commercial real estate that a tenant and landlord can negotiate. Depending on the type of business, there are some leases that may be better suited. 

 

            One type of lease is a gross lease. This is one of the simplest commercial leases because the tenant makes fixed lump-sum payments that are all-inclusive. In a gross lease, the landlord is responsible for all expenses associated with the space including property taxes, insurance, and maintenance, while the tenant has a fixed rental payment. Typically, a landlord will charge a rental amount that reasonably

325 Views, 0 Comments

Sign up for email updates