Steve Saleski and Karen Cannata-LaRocca of Sutton brokered the sale of a three multifamily property portfolio. The total sale price was $780,000. The properties involved are 9 Genesee St., Camillus; 308 Case St., Solvay; and 200-206 Ulster St., Syracuse.
Cannata-LaRocca and Richard Robb of Sutton collaborated with Scott Dumas of SmartCore Consulting in the sale of 1816 West Fayette St. Cannata-LaRocca, Robb and Dumas represented the seller, and the buyer, Learning Tree LLC of Syracuse. The sale price was $315,000.
Cannata-LaRocca sold 112 Leo Ave. in East Syracuse. The sale price was $135,000. Cannata-LaRocca represented the seller, John Adamy. The buyer was Samphier Smooth Floors. This property consists of a 2,592 s/f building on a .83 acre lot.
Cannata-LaRocca sold 6528 East Seneca Tpke. in Jamesville. The property sold for $105,000. Cannata-LaRocca represented the seller.
Cannata-LaRocca and Kristen Nave of Sutton represented the landlord in a 3,370 s/f lease of office space at 5750 Commons Park Dr. in East Syracuse. Carole Iseneker of Pavia Real Estate represented the tenant, Mohawk Valley Retina. Terms of the lease were not disclosed.
Bronx, NY Investment Property Realty Group (IPRG) closed the sale of 216, 218, 220 East 179th St., a development site located in the Mount Hope section of the city, for $3.735 million.
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.