Casandra Properties, Inc. CEO, James Prendamano, spoke with Tracey Porpora from the Staten Island Advance to discuss one of Casandra Properties commercial real estate listings, 139 Bay Street, Staten Island.
The article states that with condominium prices rising in all other boroughs Staten Island’s North Shore has become a new focus for real estate moguls. James weighed in on this and was quoted saying, “The proximity to public transportation..coupled with the complete crazy, egregious pricing that developers are experiencing in Manhattan, Brooklyn and the other boroughs, makes Bay Street very appealing.”
139 Bay Street is one of three Bay Street buildings on the market. “The former Fishs Eddy building, and before that a Studebaker showroom is a four-story brick warehouse on Bay Street in St. George. It’s on the market for $6.2 million and comes with plans for 18 luxury condominiums and about 4,500 square feet of ground floor retail space. This property has unobstructed views of the water and Manhattan, and it’s walking distance to the train and the ferry,” said James Prendamano.
Here at Casandra Properties we have an extensive knowledge of the market and experience in Commercial Real Estate. Please contact us for all of your real estate needs at 718.816.7799 or email info@CasandraProperties.com.