Commercial Office, Retail & Mixed-use Properties For Sale
COMMERCIAL REAL ESTATE IN STATEN ISLAND, NY
Starting your own business can offer many freedoms. But before you can begin designing and planning your business model, you must first find the right commercial space. The New York State-licensed team at PreReal, Prendamano Real Estate can assist aspiring business owners in Staten Island, NY, with their next venture. Learn more about our commercial real estate properties for sale.
Types Of Commercial Properties Available
Commercial real estate includes any building that serves as a business, including:
- Retail: This is a space that sells services or goods, such as boutiques, eateries, bookstores, and more.
- Office: This is a space used to gather employees in one central location for a business, including medical offices or business offices.
- Industrial: This is where heavy-duty work is completed, such as factories and warehouses.
Commercial properties can be broken down into three categories, which measure the quality of the
space, location, and how easy it may be to renovate. The three classes of commercial real estate
include:
- Class A: This is typically one of the highest-quality spaces in the area that require little to no renovations and are in a great location. A Class A building usually is highly sought-after, making it a popular and competitive choice.
- Class B: This describes buildings that are still a quality space, but they may have minor
characteristics that decrease the value. For example, they may be older or lower in price, requiring more extensive repairs to restore the space. - Class C: These are older buildings that are not as high-quality as other choices. They may be in an undesirable location or need too many costly repairs.
To further explore your commercial property options, take a look at our featured spaces for sale in Staten Island, NY.
Tips for Buying Commercial Real Estate
There are many ways aspiring business owners can prepare for an easy, speedy purchasing process. For starters, it can be a good idea to receive pre-approval for any commercial real estate loans. This way, you’ll know how much you should spend on business space. It also can allow us to accommodate your needs so we can adhere to them and find the right building for you and your business. In addition, you should research the area to find the best locations that allow your business to thrive. That way, you can ensure your store remains busy once open. Exploring the area also can be a good way to note potential competition, making it easier to decide on a space. If you need further assistance in deciding what your best options are, be sure to take advantage of our investment services.
Put Your Trust In PreReal, Prendamano Real Estate
The process of purchasing commercial real estate can be confusing. But with the help of our experienced brokerage team, future business owners can easily secure the commercial space of their dreams. Serving the Staten Island, NY, area, PreReal, Prendamano Real Estate offers real estate consulting services for those looking to start their own business. To learn more about our commercial real estate options, contact us today.
Commercial Real Estate for Sale in Staten Island, NY
You need adequate space with the necessary amenities to run a business successfully. Business owners in Staten Island, NY, can find commercial properties using the complete listings and real estate consulting assistance from PreReal, Prendamano Real Estate. Learn more about our professional services and commercial real estate for sale in our Staten Island, NY area.
Advantages to Purchasing Commercial Real Estate in Staten Island
Before acquiring commercial property for your business, you should weigh the differences between buying and renting, since each comes with distinct benefits. Advantages of purchasing a property include:
Opportunities for Additional Cash Flow
When you purchase commercial space, you gain the unique opportunity to increase your business’s cash flow. For instance, if you buy a big enough property, you may have extra space to rent out to partnering companies. This tenant income can go toward a variety of purposes, including:
- Easing the cost of purchasing the property
- Conducting improvements or additions
- Lowering your business’s expenses
- Stimulating the growth of your company
Ability to Cater the Property to Your Business
Buying property gives you more flexibility to modify the space to fit your needs. Say you obtain a property in the perfect location but with sub-par amenities. Purchasing the commercial space allows you to make the changes you feel are necessary to secure your company’s success.
Build Equity
Another benefit to purchasing your commercial space is it enables you to build equity. As you enhance the property, its value will increase over time, putting you in the position to make a profit should you decide to sell in the future.
Potential for Tax Deductions
Choosing to buy business property instead of renting also will provide you with tax benefits. As the property owner, you can deduct interest and depreciation on your building to receive a tax break. The New York State’s Department of Taxation and Finance details common property tax exemptions for businesses.
Types of Commercial Real Estate For Sale in Staten Island
Your industry plays a significant role in determining which commercial property best meets your operational needs. The commercial space should be an asset to your company, allowing it to function more efficiently and cost-effectively. At PreReal, Prendamano Real Estate, an exclusive buyer agent can help you find the following types of commercial properties for sale:
- Office
- Retail
- Mixed-use
- Manufacturing & warehouses
- Land commercial
- Non-conforming use
Find the Ideal Property for Your Business in Staten Island
Discover the PreReal advantage by working with us to find a commercial space for your business. Our highly knowledgeable and trained real estate agents will work closely with you to locate the ideal property for your bottom line. Contact PreReal, Prendamano Real Estate for more information about commercial real estate for sale in Staten Island, NY.