December 2, 2016
Your business is starting to boom, and you decided the next right step is to finally own a space. But before you blow your budget on a mortgage, remember to be prepared. There are important steps to consider when starting to think about owning commercial real estate for the first time. Lease commercial property Westchester NY services will answer all your questions about first-time buying.
Visit many properties before committing to a commercial space. Do your research on each one. Take tours of the interior and exterior of the entire building, as well as the individual offices. Find out what works for you and what doesn’t about each. Don’t underestimate the importance of property location. Locations near hospitals, city centers, and universities generally have higher property values. And often, they’ll sell faster.
It’s likely you’re unfamiliar with the vocabulary that the experts use in commercial real estate. Learning some of the terms will be very beneficial when it comes to looking for spaces. It will not only make the process easier, but it will also make communicating with people in the industry easier. These are some common terms people in real estate use:
You need to know what exactly you want for yourself and what you’re looking for in a space. Asking yourself the right questions is the first step in purchasing commercial real estate. Some questions to consider are:
It’s wise to hire experts to help you with the process of purchasing property. Getting in touch with lease commercial property Westchester NY services is the perfect place to start for help. Besides commercial realtors, you should also consider a commercial real estate lawyer, an accountant, and a mortgage broker. Figuring out your financing is also a huge factor to consider.
The property you’re looking for should be the right fit for you depending on your unique needs. Buying commercial real estate doesn’t have to be a complex process with the help of lease commercial Westchester NY services. Set up an appointment with one of our professional and experienced realtors at the Rakow Commercial Realty Group: (914) 422-0100.
October 8, 2023
For over three decades, Rakow Commercial Realty Group has provided unparalleled commercial real estate services to clients in Westchester, Fairfield, Bergen County, and beyond. With a profound dedication to their clients and a commitment to excellence, RakowGroup has garnered numerous accolades and a stellar reputation in the industry. David Richman, the driving force behind RakowGroup, […]
April 20, 2018
Every year brings new changes in the commercial real estate marketplace. If a market was hot last year, it might have lost its luster and be overbought the next. Staying on top of the latest trends in the commercial property for sale marketplace is key to finding good deals and creating big returns. Finding the […]
April 5, 2018
Rick Rakow, who has dedicated nearly 20 years of service to feeding the more than 200,000 residents in Westchester County who are hungry, will be honored by Feeding Westchester, the county’s leading hunger-relief organization, on April 13th at Tappan Hill Mansion in Tarrytown, NY. The organization will also be celebrating its 30th anniversary at the […]
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Thanks for choosing RakowGroup! We look forward to speaking to you about all your real estate needs.