Thursday, January 25, 2018
DIVERSE REAL ESTATE: RETAIL AND PROFESSIONAL OFFICES IN RIDGEWOOD, AND ...
DIVERSE REAL ESTATE: RETAIL AND PROFESSIONAL OFFICES IN RIDGEWOOD, AND ...: JANUARY 25, 2018 For your information. Before looking be prepared with 4 months rent before setting up any appointments. Understand you ma...
RETAIL AND PROFESSIONAL OFFICES IN RIDGEWOOD, AND MIDDLE VILLAGE,NY
JANUARY 25, 2018
For your information. Before looking be prepared with 4 months rent before setting up any appointments. Understand you may find something space wise you need, but you may have to renovate at your expense to set it up. Which brings me to some Landlords give 1 months Free downtime to set up. Some may give two months. If you are a Franchise or a Bank you may get 3 months free.
Hot areas that have high traffic and high pedestrian traffic is important. You can go to one extreme to another. Example, in Forest Hills or parts of Astoria, Greenpoint, Williamsburg, and including Bushwick expect to pay top top dollar in rents.
If you choose an area like upper Glendale, parts of Woodhaven, you can find rents very low. There is a reason for everything. But you can find the Middle of the Road rents in Ridgewood and Middle Village, New York.
EXAMPLES OF CURRENT AVAILABLE RETAIL AND PROFESSIONAL OFFICES FOR RENT, IN RIDGEWOOD AND MIDDLE VILLAGE, NY .
1)1,250 SQ.FT. OFFICES FOR RENT, 2ND.FLOOR, RENT $2,400 DOLLARS.
2) 1600 SQ.FT. STATE OF THE ART DESIGNED PROFESSIONAL OFFICES RENT $4,650
3) RETAIL ON METROPOLITAN AVENUE, 1,250SQ.FT. NO BASEMENT, RENT $3,650
4) RETAIL ON METROPOLITAN, 3,500SQ.FT., RENT $18,500 ASKING
5) RETAIL ON MYRTLE AVENUE/FOREST AVE. 1,100 SQ.FT. RENT $4,000
I have 38 years of experience in the Business and have placed over 2 dozen businesses in many areas. Franchise also, like Dunkin donuts, subway, etc.. And including placing banks. I am a hands on broker with many years of experience and have prepared to date over 3,000 written appraisals. I sell mixed use buildings, small apartment buildings and tax payers. Many 1031 exchange deals.
DIVERSE REAL ESTATE
73-12 METROPOLITAN AVENUE,
MIDDLE VILLAGE,NY 11379
1-347-837-9206
For your information. Before looking be prepared with 4 months rent before setting up any appointments. Understand you may find something space wise you need, but you may have to renovate at your expense to set it up. Which brings me to some Landlords give 1 months Free downtime to set up. Some may give two months. If you are a Franchise or a Bank you may get 3 months free.
Hot areas that have high traffic and high pedestrian traffic is important. You can go to one extreme to another. Example, in Forest Hills or parts of Astoria, Greenpoint, Williamsburg, and including Bushwick expect to pay top top dollar in rents.
If you choose an area like upper Glendale, parts of Woodhaven, you can find rents very low. There is a reason for everything. But you can find the Middle of the Road rents in Ridgewood and Middle Village, New York.
EXAMPLES OF CURRENT AVAILABLE RETAIL AND PROFESSIONAL OFFICES FOR RENT, IN RIDGEWOOD AND MIDDLE VILLAGE, NY .
1)1,250 SQ.FT. OFFICES FOR RENT, 2ND.FLOOR, RENT $2,400 DOLLARS.
2) 1600 SQ.FT. STATE OF THE ART DESIGNED PROFESSIONAL OFFICES RENT $4,650
3) RETAIL ON METROPOLITAN AVENUE, 1,250SQ.FT. NO BASEMENT, RENT $3,650
4) RETAIL ON METROPOLITAN, 3,500SQ.FT., RENT $18,500 ASKING
5) RETAIL ON MYRTLE AVENUE/FOREST AVE. 1,100 SQ.FT. RENT $4,000
I have 38 years of experience in the Business and have placed over 2 dozen businesses in many areas. Franchise also, like Dunkin donuts, subway, etc.. And including placing banks. I am a hands on broker with many years of experience and have prepared to date over 3,000 written appraisals. I sell mixed use buildings, small apartment buildings and tax payers. Many 1031 exchange deals.
DIVERSE REAL ESTATE
73-12 METROPOLITAN AVENUE,
MIDDLE VILLAGE,NY 11379
1-347-837-9206
Wednesday, January 3, 2018
JIM TURANO/BROKER WITH ACTOR VINNY VELLA OF THE SOPRANOS
As a Real Estate broker I have met some nice people who are actors and it was a pleasure to meet Vinny Vella, Nick Raio, and Paul Savino. Truly Goodfellas.
Tuesday, January 2, 2018
2018 REAL ESTATE MARKET TRENDS BY VETERAN REAL ESTATE BROKER JIM TURANO
READ ALL ABOUT IT. 2018 REAL ESTATE MARKET TRENDS
In New York, especially parts of Queens, and in Brooklyn, I feel that 1031 Exchange Purchases will be stronger than in 2017. I have 38 years of experience in the Business, and based on the increasing calls, offers, and purchases they outweigh the sales of 1 and 2 families in these areas. Better than having your money in the Bank, by investing for example in a Pre-War Building, that has been remodeled, with modern apartments, new roof, converted Boilers, and all new tenants within paying higher income now than before is the way to go. Especially if the train is just down the block. Convenience to trains, buses, a multiple amount of stores offers young people a new way of living.
THE NEW MULTIPLE THAT MANY ARE NOW USING IS 17 X'S YEARLY INCOME
Specific areas where the multiples of 17 times income provides around 5.9% cap return. In addition, the rents go up yearly, and so does the building value. The best deals can be attained in Ridgewood,NY 11385 and in Middle Village,NY 11379 currently. Many areas like Astoria, Greenpoint and Williamsburg are close to 20-22 times income already. As an experienced investor the old thinking of 14 or 15 times yearly income just has to be adjusted upward slightly or you will miss out on deals in 2018.
Imagine a Beautiful Pristine Pre-War Building, Brick, with 12 apartments, consisting of just one bedroom apartments and studio apartments provides for the landlord less tenants, less water bills,etc.
I have written many articles in 38 years, many can be found on Google. My office is located in Middle Village,New York 11379 and I have assisted many in the past 38 years. My reputation speaks for itself.
............ JIM TURANO/BROKER*DIVERSE REAL ESTATE* 347-837-9206
Read more: Queens Examiner - entry THE 2018 HOUSING MARKET REAL ESTATE UPDATE
JIM TURANO-CELEBRATING 38 YEARS IN THE REAL ESTATE BUSINESS
RIDGEWOOD-CORNELIA STREET BY MYRTLE AVENUE
12 FAMILY BRICK WITH 1 BEDROOM AND STUDIO APARTMENTS
In New York, especially parts of Queens, and in Brooklyn, I feel that 1031 Exchange Purchases will be stronger than in 2017. I have 38 years of experience in the Business, and based on the increasing calls, offers, and purchases they outweigh the sales of 1 and 2 families in these areas. Better than having your money in the Bank, by investing for example in a Pre-War Building, that has been remodeled, with modern apartments, new roof, converted Boilers, and all new tenants within paying higher income now than before is the way to go. Especially if the train is just down the block. Convenience to trains, buses, a multiple amount of stores offers young people a new way of living.
THE NEW MULTIPLE THAT MANY ARE NOW USING IS 17 X'S YEARLY INCOME
Specific areas where the multiples of 17 times income provides around 5.9% cap return. In addition, the rents go up yearly, and so does the building value. The best deals can be attained in Ridgewood,NY 11385 and in Middle Village,NY 11379 currently. Many areas like Astoria, Greenpoint and Williamsburg are close to 20-22 times income already. As an experienced investor the old thinking of 14 or 15 times yearly income just has to be adjusted upward slightly or you will miss out on deals in 2018.
Imagine a Beautiful Pristine Pre-War Building, Brick, with 12 apartments, consisting of just one bedroom apartments and studio apartments provides for the landlord less tenants, less water bills,etc.
I have written many articles in 38 years, many can be found on Google. My office is located in Middle Village,New York 11379 and I have assisted many in the past 38 years. My reputation speaks for itself.
............ JIM TURANO/BROKER*DIVERSE REAL ESTATE* 347-837-9206
Read more: Queens Examiner - entry THE 2018 HOUSING MARKET REAL ESTATE UPDATE
ACTOR VINNY VELLA-SOPRANO'S
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