Robb and Bucci of Sutton complete $500,000 sale of 712 East Fayette Street; Robb brokers $295,000 lease/sale: Feinberg leases 4,285 s/f office
Sutton Real Estate Co. arranged the following sale and lease transactions:
* The property of Medical Arts & Home Care Company, 712 East Fayette St. in Syracuse was sold by Mark and Joanne Williams to a local real estate partnership of Chris Geiger and Scott Smith for $500,000.
The new owners have obtained approval to erect a five-story building for 36 one-bedroom apartments and commercial space on the first floor. The property is situated to serve Syracuse University students and a growing business community
Sutton associates, Richard Robb and Andrea Bucci, handled the sale and purchase for the sellers and buyers, respectively.
* Robb of Sutton brokered the lease /sale of the former Fremont Bakery located at 119 East 2nd St., East Syracuse to Sweet Indulgence out of Watertown, represented by Mike MacCraken of Keller Williams. Sweet Indulgence is leasing the turn-key bakery for and will be purchasing at the end of three years for $295,000.
* Bart Feinberg of Sutton represented FRW Properties in the leasing of 4,285 s/f of office space at 890 7th North, Liverpool to Onondaga Cortland Madison BOCES, represented by Ed Rogers of Oliva Real Estate.
Sutton has served the commercial real estate needs of Upstate New York since 1933.
An expert team in all specialties of commercial work and property management experience ground Sutton in realistic solutions with lasting value for its clients.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing