A popular metric to determine the value of a commercial real estate deal is the capitalization rate. Also known as the cap rate, this metric is useful in determining how much an investor may want to pay for a property…
36 Hole Golf Course Set on 300 +/- Acres of Land
FOR SALE 92 Shuurman Road, Castleton, New York 12033 $3,399,000 Evergreen Country Club Just two minutes from exit 11 on I-90. This property has a Full-service Pro Shop, Restaurant/Banquet facility. Golf carts and Turf Machinery available, Full Kitchen, and Walk-in…
125 Bath Street Redevelopment Site
6+ ACRE LARGE SCALE DEVELOPMENT OPPORTUNITY 125 Bath Street, Ballston Spa, New York 12020 PROPERTY HIGHLIGHTS • 6+ Acres located in the village core of Ballston Spa• In-fill location in the top submarket in the fastest-growing region in New…
ETPA Ramifications on CRE Investors
The Albany Times Union has reported local governments in Hudson, Newburgh and New Paltz backing a statewide “Good Cause” eviction bill and an upstate NY expansion of the Emergency Tenant Protection Act of 1974 (ETPA). This will have major ramifications…
Purchasing a Multi-Unit Commercial Property
An enormous amount of variables impact the decision to purchase and operate multi-family property. Understanding the market, the costof renovation and the amount of rent that might be charged is critical. Whathistoric and other tax credits that might be available…