Staten Island Real Estate News

There is a new pilot program in East New York that may lead to the legalization of basement apartments in the area.  According to Crain's New York, the movement is an attempt to create more affordable housing in existing buildings. A hearing on the legislation, which has been in the works since the neighborhood in Brooklyn was rezoned, is set for Tuesday.  

 

While basement apartments are common in NYC, most are illegal as the units do not meet building and fire codes. New legislation would make changes to the existing codes, such as installing sprinkler systems or adding a means of egress to make these units safe to inhabit. The city also plans to give subsidies to help landlords offset associated costs. To be eligible, a unit must have more than

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Whether we represent the Seller or the Buyer, one highly important point to remember is you are dealing with many different generations from Millennial’s to Generation X’s to Baby Boomers. Each must be communicated with fairly, but in a language and facet, they will be comfortable and familiar with. When looking to purchase a home, Casandra Properties, Inc. will discuss your home’s selling and/or buying features. We will prepare a comparable market analysis, along with giving you a marketing strategy to get the best price. Next, we will help you prepare your house for the sale. If buying we will identify any improvements that we would suggest being done in order to drive top dollar for your home. Once a price is determined, it’s ready to go on the market.

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Supermarket for sale located at 2071 Clove Road, Staten Island.  Calling all entrepreneurs.  If you are tired of working for someone else, this thriving Supermarket opportunity awaits you.  Currently operated under the C Town banner, you can keep the brand or turn it into your own exclusive market.  2071 Clove Road is conveniently located just minutes from the Verazano Bridge in a densely populated residential area which is extremely underserved.  Join Staten Island’s diverse community where all types of specialty goods are in high demand.  Be creative and be diverse, own your own business!

The market is very manageable at approximately 6,000 square feet of floor space with ample parking on the premises.  The center has access from both Clove Road and

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Located in an exclusive and quiet community, this lovely home is one of few that was totally redone in the neighborhood, both inside and out. With an open floorplan, top-notch finishes, full finished basement, and plenty of yard space for entertaining during those warm spring and summer months, it is no surprise that Casandra Properties was able to secure a sale price of over one million dollars on this all-brick property, one of few that ever goes up for sale in the neighborhood. Emerson Hill is one of the most prestigious neighborhoods in Staten Island, many homes offering splendid views from above, privacy, and serene landscapes with winding roads that take its residents to a tranquil escape away from life's stresses. With multiple exclusive

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Calling all investors.  Incredible opportunity to generate secondary income with massive upside.  211-213 Bement Ave is a five family home conveniently located near public transportation and shopping.  The S44 and S94 buses stop directly in front of the building.  

 

On the 211 side there are two apartments.  The 1st floor is a two bedroom and the 2nd floor is a 4 bedroom duplex.  On the 213 side there are three apartments.  The 1st floor is a two bedroom, the 2nd floor is a two bedroom, and the 3rd floor attic is a one bedroom.  The 213 two bedroom apartments were recently renovated.  Renovations included new heating systems for both apartments in which tenants now pay for.  Heat for the other three apartments is paid for by the owner.  Other

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Clients often reach out for advice on how to further maximize or leverage their real estate investment. Many property owners’ first instincts are to maximize revenue by increasing the property’s income, improving the property’s quality of tenants, or exploring other creative revenue streams the property will allow.

 

Once your property is maximized, what’s the next step? Many investors or owners of real estate completely overlook tax benefits that exist when owning real property. Real estate is often considered the greatest tax shelter, for good reason. 

 

Here are a few real estate tax tips you may have not known that will increase your bottom line and generate protected wealth.

 

            Corporate Tax Structure: In 2018, there

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Just sold land.  Over 12,000 square feet of property located at the foot of Todt Hill, Staten Island.  Watch for improvements coming soon to this convenient location!

For further information call Sonia C. Tomai 718-816-7799 or email info@CasandraProperties.com

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Attention Doctors or Not-for-Profit operators who are tired of renting and are looking for a new home. 11 Ralph Place is a medical/community facility condo building in the Concord section of Staten Island.  The building is surrounded by a very dense residential population and is easily accessible by several bus lines.  The office features a reception area, waiting room, 4 exam rooms, and 2 private offices.

 

Call Mario Minelli at 718.816.7799 or email info@CasandraProperties.com

 

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These apps are not only essential in life, but essential for any real estate agent to keep up with the day-to-day, logistical, and administrative components of the job. 



Google Maps: With real time up-to-date traffic conditions, Google Maps will always give you the most accurate ETA and keep you on time to all of your appointments. 



Calendar App: Whether the standard calendar app on your phone, or another one, this is vital. You need a calendar app that can tell when where you're supposed to be, what you're doing there, when you're supposed to be there, who will be joining you there, and all other details. Use an app that is compatible with your computer so that you can have all information on both of your devices. 


Mail App: An email app

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A must-see prime investment property is this full commercial building at 1375 North Railroad Avenue, newly listed for $6,275,000. The impeccably maintained 6-unit commercial building is in the heavily trafficked New Dorp business district of Staten Island, steps away from the New Dorp train station.

This income-producing asset is surrounded by dense residential housing with strong demographics. The property features 6 stabilized tenants and is anchored by Empire State Bank. Don’t miss this rare offering to own an asset of this caliber, within this highly desirable area of Staten Island. Call us for a full set up about this prime property: 718-816-7799.

 

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