Tagged : commercial real estate

Found 12 blog entries tagged as "commercial real estate".

What once started as nothing more than a coffee maker, a laptop, and a little desk is now turning into a well-paying business.

The hours that you have spent working on building your company or brand are paying off. Your workload's growing and so is your team, so it's time to find an office for rent.

Making the leap can be scary, as office space rental can be pricey.

If you're unsure about whether to begin renting office space, keep reading to see why you should consider it!

Office Space For Rent Casandra Properties

You're Adding On to Your Business

If you're beginning to add employees to your business, it's probably time to start thinking about renting a small office space.

Not only will having a house full of people probably stress you out, but your employees may be feeling

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139 Bay StreetCasandra 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

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356 New Dorp Lane
The Nixon McGowan Team is proud to announce their new listing located at 354-356 New Dorp Lane in the New Dorp area of Staten Island.  

Casandra Properties has been exclusively retained to sell 354-356 New Dorp Lane, a 2 story commercial building currently occupied by BCB Bank. This building was renovated just a few years ago featuring retail and offices throughout first and second floor. Offering includes rare private parking lot in the rear of building. The asset is uniquely situated by Hylan Blvd and surrounded by dense residential housing with strong demographics.  Strong vehicular and pedestrian traffic makes this an excellent location.  Don't miss this rare opportunity to own an asset of this caliber with bank tenant in highly desirable area of

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5000 Arthur KillThe Nixon McGowan Team of Casandra Properties is proud to announce their new listing located at 5000 Arthur Kill Road in Tottenville, Staten Island.  

This property consist of 18 acres of prime manufacturing land for lease located right off the Outerbridge and major highways. The owner is willing to entertain long and short term leases with the ability to build to suit. The property is able to be subdivided into increments as small as 5,000 SF. This is one site that you do not want to miss out on.

 Click here for to view the listing page.

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

 

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Rent regulationsWell, if you’re in the Real Estate business, by now you have probably read your fill of articles on the new rent regulations and how they will impact your respective portfolio.   The changes are coming fast and furious.  If you take the time to do some digging, you will find these sweeping changes are not limited to Rent Controlled and Rent Stabilized units.  Market Rate units are also significantly impacted.   Layer on top of this, New York State has amended its Human Rights Law to include Source of Income as a protected class and you have a perfect storm - and it’s headed right for the residential multi-family market in New York City.  While the sheer quantities of the housing stock in NYC and the other boroughs is significantly higher than Staten

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I was going to write this morning about all of the recent regulatory shifts in the rental market, our predictions (which have been consistent and spot on!), and how we see opportunity in this market as everyone runs for the hills.  

Instead, I woke up and nestled into my favorite blogging spot, opened my blinds and was greeted with this majestic view.   


I thought about how every day, every sunrise, we are greeted with a new set of opportunities and a bit of a clean slate.  I decided to save the heavier material for later in the week, today let’s talk about the amazing opportunities in real estate right here on Staten Island, shall we?

Staten Island, the forgotten borough, Staten Island never misses the opportunity to miss an opportunity.... remember

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We're proud to announce the sale of 2380 Hylan Blvd, the longtime site of the Excelsior Grand for a sale price of $10,200,000. The property consists of 78,200 SF of land with a two-story building just under 50,000 SF. Casandra Properties served as the listing agent and negotiated the sale on the owner’s behalf.  "This is the end of an era with the close of the Excelsior Grand but we're excited to see the transformation of the building with the new owners. They have an incredibly dynamic plan for the building that New Dorp residents will love." - Rob Nixon. This sale serves as a new comp for commercial real estate on Staten Island.

Commercial property on Hylan Blvd is always sought after so if you're looking for space to lease, sell, or purchase please

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Empire OutletsCasandra Properties is thrilled to announce that Jockey is the latest retailer to join the outstanding lineup of tenants at Empire Outlets.  “With Sales in the underwear market segment expected to reach nearly $150 billion by 2021, it made perfect sense to ink this deal with Jockey, America’s foremost undergarment brand” said James Prendamano, CEO of Casandra Properties, Inc. 

Jockey is a third-generation family owned company with operations all over the world.  JOCKEY is a registered trademark in over 120 companies. 

Empire Outlets is scheduled to open in April of this year.  Jockey joins retailers such as H&M, Gap, Banana Republic, Nordstrom Rack and Brooks Brothers among many others.  Empire will also feature a world class Food & Beverage

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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

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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

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