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• 7,320 sq. ft. 3 story "Contemporary Office Bldg" - $35 USD Yearly - $35/ft Class A Bay Ridge, Brooklyn - Class A office space in Bay Ridge's Narrows Medical Building. Up to 7320 sf available. Will subdivide or join to make 6320 sf contiguous on 2nd floor of building. 1000 sf office also available on 3rd floor. One parking space onsite for each 1000 sf leased. Short walk to X buses and R subway. Neighbors include Prudential Financial, Clean Rite Launder Center, TD Bank, 101 Restaurant, numerous small businesses and Ft Hamilton Army Garrison. Property information
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Prime Commercial Co-op
• 2 bath commercial -  MLS® $499,000 Bay Ridge, Brooklyn - Prime commercial co-op space in Bay Ridge, Brooklyn contains four examination rooms with plumbing, consultation room, back-office area, waiting area with reception desk, changing room, two lavatories and parking for two autos (for extra fee). One block to R subway. Maintenance $850/month includes heat, hot water, taxes, insurance and general building upkeep. Unit has private entrance and two zone central air conditioning system. Property information
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Legal Three Family
• 2,796 sq. ft., 3 bath, 6 bdrm 3 story - MLS® $850,000 Bay Ridge, Brooklyn - Legal three family Brownstone/Limestone attached house in heart of Bay Ridge, Brooklyn. 10 rooms, 6 bedrooms depending on usage, 3 kitchens, 3 bathrooms, original details, and hardwood floors throughout. Nice backyard. Great income potential for the investor or large house for the big family. Four blocks to R subway and X bus. Walk to shopping & restaurants. Zoned for PS 102 (across street), IS 30 (short walk) & Ft. Hamilton HS. Bay Ridge Botanical Garden and Shore promenade short walk. Don't miss out on this great house close to all Bay Ridge has to offer. Property information
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Lot with Approved Plans
• lot / land - MLS® $1,500,000 - 421a Tax Abatement Williamsburg, Brooklyn - Vacant land in Williamsburg, Brooklyn with R7-A zoning. Price includes approved plans for 12 unit condo. 421a Tax Abatement in place. Plans permit greater than 19000 sq. ft. buidable of 'quality housing'. One block to L subway and short walk to two business districts. Property information
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CB Reliable now has a Commercial Division providing services including: Real Estate Brokerage Seller/Buyer Representation Landlord/Tenant Representation Property Management Commercial Lending/Re-financing
Our office is conveniently located in Bay Ridge, Brooklyn. Our Commercial Division has over ten years of commercial realty experience. For a no obligation consultation please feel free to contact our office at 718-921-3100. Read More
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• 850 sq. ft., 1 bath commercial "Office Space" - $1,750 USD Monthly - NYC style office Bay Ridge, Brooklyn - Newly renovated commercial office space with three rooms, large entry can be used as waiting area/reception and private bathroom on prestigious Doctor's Row in Bay Ridge. Currently used a therapist's office. Two block walk to R train and half block to local bus. Landlord desires long-term (5 years) lease at $1750/month plus adjustments. Tenant must have good credit, financials and provide proof of insurance at lease signing. Tenant must provide references. Sorry, no smokers, no pets and no sublets. Property information
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There is much in the way of speculation about being in a buyer's market. Perhaps we are and only due to the large inventory, however, buyers are not out in droves making offers and closing deals as past buyer's markets have always been. Most buyers believe they cannot get financing to purchase available homes and they're just not confident enough to buy. Most buyers feel the property they want to purchase cannot be properly valued so they ask what am I really buying? Please allow me to help - most buyers believe and feel they cannot make a purchase at this time. There's alot of money out there for the lending. Are you a member of a credit union? Are you paying an existing mortgage and upon sale of that property and the purchase of a new property will you need a mortgage? How about that lender, have you asked if they're making loans to existing customers with a good track record? Now is the time to be proactive and research the opportunities that will get you what you want. It is not the time to wait for something to happen. It's time for you to make something happen for you. Case in point, last Friday a young man stopped by my office and inquired about several properties to buy. One to renovate and live in with his family and two others for investment purposes. What does he know? How much money does he have? For him there is no better time to buy than now: low prices plus low interest rates equals opportunity. The news of a poor economy has resulted in buyers' becoming renters' out of fear. This young man sees the rental community as a strong source of future financial gain. No risk no reward. Moving forward and as mortgages reset there are going to be many new foreclosures and potential short sales. It is yet to be seen how the federal government bailout of banks will effect the foreclosure market. It is fair to say the federal government is going to make the final decision if they have, in fact, lent public funds to those foreclosing banks. Remember the federal government forced several banks to take part in the bailout. Real estate, as an industry, has always had a significant number of foreclosures as a part of its sales. Although they may seem to be attractive deals on the surface "caveat emptor" or buyer beware has never been a truer statement with regards to involving yourself in a foreclosure. The seller desires to be free and clear from any financial burdens after the closing of the foreclosed upon property and the lender wants the agreed to amount of the loan to be repaid. Since the buyer is the only one with any money I ask myself if the federal government, in its attempt to bail out bad deals, is going to re-coup the monies or a significant part of the monies from the "bad" deal? Who will make up the amount for the federal government's time, energy and to repay the "people"? The buyers that's who and that's how. Fees, taxes, surcharges and processing charges will be tacked onto the purchase for buying a bad deal. Does this make a good deal now out of this bad deal property? Or is this some kind of polished up old new deal? So, you want to sell or buy and you want to do it now? Do it the old-fashioned way. Twenty percent down on a thirty year note. Don't treat your house like an ATM. Whether you're selling or buying: twenty percent down, thirty year note, build equity. Coldwell Banker Reliable located at 7428 Fifth Ave., Brooklyn, NY 11209, tel: 718.921.3100, website: www.cbreliable.com is offering a series of educational seminars for 2009 including Avoiding Foreclosure and Selling Short. If you have any questions and/or comments about any blog posts or would like to discuss a real estate issue please contact John J. Young, Licensed Real Estate Salesperson, Coldwell Banker Reliable, 7428 Fifth Ave., Brooklyn, NY 11209, tel: 718.921.3100 or email at john@johnjyoung.com
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I just read the analysis from Zillow. They're reporting Brooklyn's holding its own compared to surrounding areas. There is an interactive map that indicates by color each major area: borough, county, etc. and as you roll your cursor over it a window appears with region-specific info. Info to help both buyers and sellers with, oftentimes, their largest investment. It's been said, "Everybody came from Brooklyn" now I believe "Everybody wants to come from Brooklyn."
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This one family semi in Bay Ridge is now listed at $725,000 Features: 3 bedrooms 1 bathroom galley kitchen breakfast nook shared drive one car garage backyard hardwood floors throughout short walk to X bus and R subway shopping restaurants zoned for PS 185, IS 201 and Fort Hamilton HS lot: 20x100 house: 16x37 unfinsihed basement
For more information, eflyer, appointment to view and photos visit johnjyoung.com
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58 Bushwick Ave between Ainslie St & Powers St, Williamsburg, Brooklyn, NY 11211 Irregular 50x93 lot with approved plans for 12 unit condo and 421a tax abatement in place. Floor Area Ratio extended to 14000+ square feet buildable of quality housing by NYC DOB. Conveniently located in Williamsburg one block to L subway and short walk to two business districts. For setup, plans etc please contact John at your conveince. Contact: John J. Young
Licensed Real Estate Salesperson
Coldwell Banker Reliable Commercial Division
7428 Fifth Ave.
Brooklyn, NY 11209
o 718.921.3100
c 917.613.2802
f 718.921.3110
e john@johnjyoung.com
w johnjyoung.com
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Legal Three Family • 2,796 sq. ft., 3 bath, 6 bdrm 3 story - $874,999 - New to Market Bay Ridge, Brooklyn - Legal three family limestone house in heart of Bay Ridge, Brooklyn. Great income potential for the investor or large house for the big family. Four blocks to R subway and X bus. Walk to shopping & restaurants. Zoned for PS 102 (across street), IS 30 (short walk) & Ft. Hamilton HS. Bay Ridge Botanical Garden and access to Shore promenade short distance to walk, jog or bike to. Don't miss this great house with lots of original detail and charm close to all Bay Ridge has to offer. Property information
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Modern Office Space
• 1,000 sq. ft. commercial - $3,000 Monthly Bay Ridge, Brooklyn - Office is modern updated space located on 5th Ave & Bay Ridge Pkwy in Bay Ridge, Brooklyn. This space is perfect for the service professional such as a lawyer, accountant and financial planner. Neighboring businesses include Sovereign Bank, Washington Mutual Bank, Rite Aid, Scottrade, Dunkin Donuts, Weight Watchers, Jean Danet Bakery, Bay Ridge Manor, Gino’s Restaurant and NYS Senator Martin Golden. The office is located on a very busy corner on Doctor’s Row within a short walk to R subway and local bus runs on Bay Ridge Pkwy. Landlord desires 5 year lease with annual increases. Lease rent includes heat, hot water, electric, computer(T3 service) and central air conditioning. Tenant must provide references and financials and must have good credit (fee for credit report performed by realtor). No sublets permitted. Space will delivered vacant. Property information
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Bay Ridge, Brooklyn - Announcing a rent/lease reduction on 7428 Fifth Ave, a 1,000 sq. ft. commercial. Now $3,000 Monthly - . Property information
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Large One Family
• 2,272 sq. ft., 2 bath, 3 bdrm 2 1/2 story - $749,000 - New Listing Bay Ridge, Brooklyn - Large one family house 3 bedrooms and 1 full bath on second floor, walk-up attic has 2 rooms and plumbing. First floor enters into enclosed porch, living room, formal dining room with original details, eat in kitchen and access to basement. High ceilings, hardwood floors throughout and solid construction make this a great bargain. Private driveway can accomodate 2 cars minimum and a 1 car garage. Small backyard can be nice garden. School district 20. Must see! Property information
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I trust your Thanksgiving was happy and healthy. Giving thanks can be something as simple as saying it to donating one's time. As Christmas approaches and we reflect on things we are truly thankful for I ask you to consider those who have given so much for our freedom and way of life in America. When sending out Christmas cards add one more address to your list and ask any friends and family who are truly thankful to live in America to do the same.
Send a Christmas card to
A Recovering American Soldier
c/o Walter Reed Army Medical Center
6900 Georgia Avenue NW
Washington, DC 20307-5001
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