Tagged : residential

Found 15 blog entries tagged as "residential".

Residential real estate can be defined as an area developed for people to live on.  As defined by local zoning ordinances, residential real estate cannot be used for commercial or industrial purposes. There are different types of residential real estate.  Read on as we break down each type of property that can be classified as residential.  

Condominiums

Condominiums are usually fee simple transactions. Fee simple is the most absolute form of ownership in dealing with Real Estate or Real Property. Condominiums may be residential, industrial, or commercial. They may be newly constructed or converted from an existing structure of 2 or more units. Condominiums are usually sold as individual units. The remaining property or "common area" is owned…
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Winter WeatherCasandra Properties CEO, James Prendamano, spoke with Tracey Porpora from the Staten Island Advance to discuss how winter temperatures can affect the real estate market.  While some businesses are seeing a negative impact with warmer winter temperatures others are doing better.

 

James was quoted saying, “There are always the critical economic indicators that drive the housing market...Seasonality also plays a role in the heartbeat of the market. Typically, in the winter there’s a bit of a drop in active homebuyers. Weather, the holidays, children’s school year all contribute to that seasonal shift we see during this time. Overall, however, the market is as strong as it has been in quite some time.”

 

To read the full article click here.

 

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Each week the Staten Island Advance features a “Home of the Week”.  This past week Celia Iervasi, one of Casandra Properties, Inc. Associate Brokers, had one of her listings featured in the weekly article. 

The home located at 129 Coverly Ave on Staten Island sits on top of Todt Hill. It is a custom, all brick, 8,000 square foot home.  This two-story home has three bedrooms, seven bathrooms, a formal living room and dining room. Each floor features its own terrace giving the owner the prime location to sit and enjoy the priceless views! With countless custom features such as Brazilian cherry floors and coffered ceilings this home does not disappoint.  This one-of-a-kind home not only boasts its own elevator but also includes a two-car heated

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Homes for sale Staten IslandCasandra Properties CEO, James Prendamano, recently had the opportunity to discuss housing prices on Staten Island with Tracey Porpora at the Staten Island Advance.  SIBOR (Staten Island Board of Realtors) statistics, released in November, showed the median sale price at $572,500 for a home on Staten Island. 

 

James was quoted saying “Staten Island still remains a very affordable option when compared against the rest of New York City. A massive benefit of purchasing real estate on Staten Island is we were relatively unaffected by the tremendous influx of foreign money into our competitive markets. As a result, we were equally unaffected as regulatory changes caused that money to dry up.  Staten Island real estate investments remain some of the most

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Why pay for new construction when you can get a BEAUTIFULLY remodeled semi attached home for a fraction of the price? This large 3 bedroom house features hardwood floors and solid wood crown and base moldings throughout, bathrooms on every level, large finished basement with side entrance, fully tiled master bath with glass shower enclosure and jacuzzi tub, plus much more!  

16 Dunhill

The outside has brand new landscaping featuring new sod, shrubs, and trees. All exterior moldings have been repainted for a fresh appearance. 

16 Dunhill Kitchen

The newly remodeled eat in kitchen features solid wood cabinets with LED under cabinet lighting and all new stainless steel appliances.

16 Dunhill Living Room

Large bright living room/dining room combo with LED high hats and hardwood floors. 

16 Dunhill Master Bath

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32 Wandel AveThe Nixon McGowan Team of Casandra Properties is proud to announce their new listing located at 32 Wandel Avenue in the Grymes Hill area of Staten Island, NY. 

New construction single family semi-attached homes set high in hill on dead end block for ultimate views and privacy. Walk in at grade level for a rec room, 3/4 bath, plenty of closets and access to build in garage. Main level features open concept with kitchen, shared living/dining, half bath and front balcony. Upper level includes 3 bedrooms, shared full bath, washer/dryer and ample closet space. This home comes complete with a secluded backyard with pavers. Convenient location that is easily accessible to all buses, and just a short drive to the Verrazano bridge.

 

For more information

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CP for SaleTracey Porpora at the Staten Island Advance chatted with our CEO, James Prendamano about the Millenial generation. Per a new study by Apartment List, 26-year-olds are now, more than ever, more likely to live with a parent than a spouse.  In fact, just 50 years ago the percentage of 26-year-olds living with a spouse was 76%.  That number has now reduced to only 24%.  What is causing this rapid decline?  

 

“As so many things have changed over the last 20 years, so have our social patterns and that indelibly ties to real estate patterns.  Today, the average age for marriage is 28.2, so you’re seeing these folks stay at home longer in many cases to pay back large student loans, save on housing costs, etc.,” said James Prendamano. 

 

To read the

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61 Weiner StThe Nixon McGowan Team of Casandra Properties is proud to announce their new listing located at 61 Weiner Street in the Charleston area of Staten Island, NY.  

Move right into this impeccably kept two (2) family detached all brick home in quaint area. Enter in to the grand two (2) story foyer of this home featuring 3 bedrooms, 2 ½ baths, and a one bedroom apartment.  The first floor features foyer, living room, dining room, family Room, eat in kitchen with cherry cabinets and granite counter tops.

Design features include hardwood floors throughout and fireplace and sliders out to large back yard. The master bedroom includes a full bath and jacuzzi tub. One bedroom apartment on second floor, partially finished basement with office, 2 car garage & 3

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Staten Island RailwayOur CEO, James Prendamano, recently had the opportunity to discuss the reasoning behind the increase in home prices that are within walking distance to the Staten Island Railway (SIR). According to the study you can get anywhere from 9%-34% higher price for your home vs. elsewhere on the Island. The average price of a home near a SIR station is $499,000, with the rest of the borough averaging $459,000.

 

James was quoted saying “All things being equal, it makes perfect sense the train stops from Mid-Island and those as you get closer to the ferry carry with them pricing bumps in and around the train stations.”

 

To read more click here.

 

If you are interested in selling your home or purchasing a new home we are here to help!  Please

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Newark AveThis New Construction six (6) over six (6) two (2) Family detached home is located in the Elm Park section on the North Shore of Staten Island. Main unit features 3 Beds, 2 baths, full size basement with full bath and garage. Second floor unit has 3 beds and 2 baths.  Features will include hardwood floors throughout, oak railings and steps, upgraded kitchens with granite countertops and tiled bathrooms. Location is walking distance to all local buses and just a short drive to the Staten Island Expressway. 

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

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