Staten Island Real Estate News

413 New DorpCasandra Properties is pleased to announce that 413 New Dorp Lane has been leased.  This property garnered significant attention due to its highly coveted location near the corner of Hylan Blvd and New Dorp Lane.   This free-standing 5000sf building has an ample parking lot for 35 cars making it perfect for restaurant use.  The property was formerly occupied by Gennaro’s Pizzeria, a beloved Staten Island eatery.  The new tenant, Bravo Pizza has signed a long term lease to open a pizzeria and sports bar concept at the site. Mike and Frank Libretta and their family have been in the restaurant business for over 30 years.  They currently operate six pizzerias Manhattan, including one near Madison Square Garden.  Mike Libretta hopes to follow in Gennaro’s

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White BoardReal estate acronyms or abbreviations can be confusing. They are used to save time and money in advertising ads. Without abbreviations, real estate ads would be costly and lengthy.

Most real estate agents use this lingo, so once you get the hang of them, you will be able to read and understand real estate listings!

4B/2B: Four bedrooms and two bathrooms. A "full bathroom" is a room with a toilet, a sink and a bathtub. A "three-quarter bathroom" has a toilet, a sink and a shower. A "half bathroom" or powder room has only a toilet and a sink.

CMA: Comparative market analysis or competitive market analysis. A CMA is a report that shows prices of homes comparable to a subject home and that were recently sold, are currently on the market or were on

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 James Prendamano

Casandra Properties is extremely excited to announce that our CEO, James Prendamano, has received two mayoral appointments with the New York City Economic Development Corporation. 

 

“I want to thank Mayor DeBlasio, Borough President Oddo and NYCEDC for this opportunity. As a lifelong Staten Island resident, it has always been my passion and goal to serve my community.  I am honored to be serving on these boards that will allow me to raise awareness and connect the dots these amazing programs offer to Staten Island and New York City.”, said James Prendamano.  

 

James will be serving as a director of the New York City Industrial Development Agency (NYCIDA), which provides financing assistant to businesses.  He was also appointed as a

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Home StagingSelling your home is definitely not an easy process...STAGED HOMES SELL FASTER! Agents say that 70% of buyers prefer a staged home over an empty one because staging a home makes it easier for buyers to visualize the property as there’re future home, and 40% of buyers are more willing to walk through a staged home they first saw online!

 

How much does home staging cost? Probably less then you think! As a general rule of thumb, most staggers charge $300.00 to $600.00 for an initial design consultation that’s a small price to pay for the maximum sale of your property! Staging is also something you can do on your own using key pieces you already own, remember keep it simple and clean and get rid of the clutter. Eliminate half of your belongings as

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358 ClevelandNEW MIXED-USE LISTING!!! 358 CLEVELAND AVE— ZONED FOR WATER RECREATION / BOAT RENTAL

$825,000

 A rare double lot (111 X 137), a stone’s throw from the Marina features beautiful harbor views and room for development! Priced to disappear, this mixed-use property provides a picturesque locale for anything from a Boat / Kayak Rental Office, a Fish ‘n Chips Bar and Grill to an Architect’s Office. 

The one-bedroom house on the land was built in 1984 and has 2 full bathrooms and a converted attic space with a spiral staircase. 

The existing two-story building has 2,140 square feet. The view from the balcony off the second story full kitchen is a must-see study in tranquility. That is to say: it’s a beautiful view if you don’t build a 3 story Tudor or

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Opportunity ZonesAs a real estate agent, I along with my team often get calls about investors looking for 1031 investments. When selling a property owned for a long period of time especially in New York City where prices historically have skyrocketed over the years, the owners are often exposed to capital gains. So, their options were always primarily to pay the taxes on the capital gains which can in some cases be as high as 35% +/-  or enter a 1031 like-kind exchange where you replace the sold property for a similar property.  

 

There is now a new program in New York State under the Federal Job Acts of 2017 that provides an alternative for investors facing capital gains. An opportunity zone is a low census tract with an individual poverty rate of 20% or more and

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South Shore CommonsCasandra Properties is excited to announce we have been retained as the exclusive broker for the sale of South Shore Commons.  This is a unique investment opportunity to acquire a strong performing center in one of the highest demographics on Staten Island.

 

South Shore Commons offers the investor a unique value-add opportunity!  The low maintenance center is in excellent condition and is adjacent to Bricktown Commons. The center is uniquely positioned as a shopping destination for New Jersey/NYC area.  

 

South Shore Commons is located at 2925-2965 Veterans Road West. The center has a GLA of 155,000 SF with 180,000 SF of unused FAR.  Don’t miss out on this amazing opportunity to own some of Staten Island’s best commercial real estate! 

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Real Estate AgentThis process looks different in most states. However, the process has a similar structure wherever you go. In the state of New York, to qualify for licensure as a Real Estate Salesperson, a candidate must first register and complete a 75-hour salesperson course. A list of programs is provided by the state so you know where you can register. After you’ve completed the course, you must take and pass an exam administered by the Department of State. Once you’ve passed your test, before you can jump in the ring you need to find a sponsoring broker. Once you’ve done this, it’s time to get to business! Essentially, the process of becoming an agent is comprised of these steps:

 

  1.      Registering for a 75-hour real estate course 

Use this resource

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Famous Staten Island Residents

Although many people consider Staten Island the forgotten borough of New York City, the island has produced some of pop-cultures most famous across many industries. Some of the island’s most famous musicians include 

 

Wu-Tang Clan

This rap group assembled in the early 1990’s in Staten Island. They were considered a revolutionary rap group when they emerged on the scene. The group has gone on to become one the most well known rap groups in history. 

 

David Johansen

Johansen’s career budded in the late 1960’s where he was the lead singer of a Staten Island band called the Vagabond Missionaries. Later he also worked with the band The New York Dolls as a singer and songwriter. 

 

Joan Baez

Joan Baez career starts as far back

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91 New DorpCasandra Properties is pleased to announce the exclusive listing for 91 New Dorp Plaza, a 4400sf professional building located near the train station and municipal parking lot.  One of the most vibrant neighborhoods in Staten Island, New Dorp has bustling retail shops, restaurants as well as professional offices including medical, physical therapists, lawyers, accountant and architects. This New Dorp Commercial building is for sale and for lease.  Perfect opportunity to put your own business into this prime New Dorp Location.  Plenty of street parking available.  This commercial space is ideal for many uses including non-profit, professional office space, retail space or check with your architect to convert to mixed-use.

 

For more information,

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