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Brooklyn Real Estate Market Outlook for 2010 for Mixed Use and Commercial Property Sales

The Brooklyn Real Estate market in 2009 was a year that most if not all brokers, agents and realtors are glad is behind us.
As a broker for 22 years selling Brooklyn Real Estate in many Brooklyn neighborhoods, I’ve seen in the last year that few Brooklyn neighborhoods saw any price increases in property values.

For most Brooklyn neighborhoods, since we have been in a downward trend price wise, for the last 3-4 years prices remain at the lowest level since last real estate boom.

While the 2010 Brooklyn Real Estate Market is expected to bring an improvement in sales volume, meaning, there will be more people selling and buying properties, I do not foresee an increase in property values yet and commercial property sales will still be slowed. Most mixed use and commercial properties will be difficult to sell in this overly cautious lending environment and slow business forecasts. (Read the article)


Brooklyn By The Sea

The neighborhoods of Sheepshead Bay, Brighton Beach, Coney Island, Sea Gate and Manhattan Beach are all located right on or are surrounded by the Atlantic Ocean.

According to Jeff Grandis, a lifelong resident of Brooklyn and a Brooklyn Real Estate Broker ” For a truly relaxing,fun,historic,interesting and delicious experience every New Yorker or tourist should visit these Brooklyn neighborhoods.”

Sheepshead Bay is the New York version of Fisherman’s Wharf in San Francisco. Sheepshead Bay has both fishing and party boats depart from the piers going out to sea morning and night. Restaurants, clubs,shops and expensive condominiums abound.

Brighton Beach is the mecca of Russian culture in Brooklyn. Brighton Beach Avenue is a wonderland of specialty food markets, cafes, nightclubs and restaurants. The boardwalk stretches for several miles along the beaches of Brighton Beach and Coney Island ending at Sea Gate, Brooklyn’s oldest gated community.

Coney Island is at least for now still the home some great old amusement park rides that are a wonderful slice of Brooklyn history, i.e. The Cyclone and The Wonder Wheel. (Read the article)


Signs of Life in the Brooklyn New York Real Estate Market

Jeff Grandis, a Brooklyn Realtor for 22 years points out that across the spectrum of properties for sale in Brooklyn New York today, whether Commercial, Residential or Mixed Use, buyers are out there shopping for values and buying. For example, whether it is a 1,300 Square Foot 3 bedroom 2 bath Luxury Condominium in Brighton Beach for sale at $535,000 or a one family 3 bedroom 2 bath duplex home for sale in Midwood for $450,000, or an extra large 2 family 3 bedroom over 2 bedroom house for sale in Sheepshead Bay for $689,000,or a mixed use building with one store and one 2 bedroom apartment for sale in Flatbush for $499,000 there is plenty of activity from qualified buyers and deals are being made.

Grandis further points out that there are so many all cash investors out there hunting for deals and finding them at all price levels and property types. Now is truly a great time to buy. Even with the economy in a shambles and so much uncertainty and insecurity that exists in many peoples minds about what direction to turn in for a safe investment, Brooklyn Real Estate is still a solid choice for the long run. (Read the article)


We Know Brooklyn, New York Real Estate - The Jeff Grandis Team

In the Real Estate Brokerage business having a great team behind you is crucial to one’s success in properly and professionally servicing clients and customers. Jeff Grandis has the good fortune of being the leader of a great team. The most important member of Jeff’s team is Anna Kader, an incredibly bright, focused, professional and thoroughly pleasant person. Anna, originally from Russia, has been in the United States for over 20 years. A former A.V.P for Citibank, Anna has a very strong technical computer background as well as a strong background in customer service. In the Real Estate Brokerage business for over 5 years, earning her Real Estate Broker’s license Anna has an unusually strong knowledge and passion for real estate. Anna and Jeff work very carefully and thoroughly in researching prices and trends in sales of Brooklyn properties to give their clients the most up to date and accurate information to base their pricing decisions on.

A strong exposure for the properties always increases the odds of getting more showings to qualified buyers and in return more opportunities to receive written bona fide offers. Anna’s strong computer background benefits our clients dramatically. She posts our client’s properties on multiple websites popular on the major Search Engines, including Jeffgrandis.com to maximize the exposure to the marketplace. (Read the article)


Brooklyn, New York Neighborhood Information

Please visit the Brooklyn Neighborhoods individul pages on our website to get detailed information for: Bath Beach Bay Ridge Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Boro Park Brighton Beach Brooklyn Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Downtown Brooklyn Dumbo Dyker Heights Flatbush Flatlands Fort Greene Fort Hamilton Fulton Ferry Georgetown Gerritsen Beach Gowanus Gravesend Homecrest Kensington/Parkville Madison Manhattan Beach Marine Park Midwood Mill Basin Park Slope Prospect Heights Prospect - Lefferts Gardens Prospect Park Red Hook Sea Gate Sheepshead Bay Sunset Park Williamsburg Windsor Terrace (Read the article)


Welcome

In the fascinating and fast paced world of Real Estate in Brooklyn New York, occasionally we like to step back and comment on community related issues, special events, neighborhood trends, the business of real estate and important and not so important news in the form of blogs. I have been a neighborhood Real Estate Broker for many years and I would like to share my knowledge of the Real Estate business with you. I hope that you find that the blogs we are posting on this page to be helpful and informative. Please feel free to browse through these blogs and respond if you wish to. I welcome your e-mails with constructive ideas and comments.

Thank You,

Jeff Grandis


Dining out in Bay Ridge Brooklyn New York.

Brooklyn New York has a stunning array of great restaurants!

If Italian food is your favorite and it is definitely mine I highly recommend “The New Corner‿ restaurant on 72nd street in Bay Ridge Brooklyn NY. Moderately priced and consistently great food, the following are some dishes that I highly recommend. Start out with the combo seafood salad & chef salad, it is to die for.If you are really hungry also go for the Zuppa di Clams or Mussels in a red sauce. The herbs and fresh sautéed garlic make it a real winner.For your main dish, whether you choose a traditional Veal Cutlet Parmigiana, Veal Chop alla Chef or Lobster Fra Diavolo with linguine, or you choose anything else on the menuit will be a great meal.
If you still have room for dessert the Profiteroles with ice cream, Ricotta Cheese cake (the Italian version) are a home run.

Your lifelong Brooklyn resident and also your Brooklyn Neighborhood Real Estate Broker,

Jeff Grandis


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Jeff Grandis offers expert advice on how to sell your property, free market evaluation of Brooklyn, New York Real Estate. Featured properties for Gravesend Brooklyn NY. Call for Brooklyn residential, investment and commercial property: Brooklyn New York real estate appraisal. To browse through Brooklyn Real Estate Listings please visit my page Listed Properties residential, commercial investment real estate and mixed use, houses co-op and condos homes for sale Brooklyn New York. Get your Complimentary Brooklyn real estate properties evaluation today from your local Brooklyn NY Neighborhood's Real Estate Broker or receive a Broker Opinion Letter or Broker's Price Opinion Report - BPO or a fully Certified Appraisal. Houses for sale in Brooklyn NY.