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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)


Wow! So much Brooklyn Real Estate Information

“That’s right” says Jeff Grandis, a Brooklyn Real Estate Broker, who proudly announces the launch of a completely redisigned and upgrated version of his web site . The web site is very helpful and informative to both sellers and buyers of Brooklyn Real Estate. There is extensive information on many different neighborhoods, such as architectural influence, lifestyle information, school information and much more. Please visit the different pages at www.jeffgrandis.com or call Jeff Grandis at 917-804-3198, your lifelong Brooklyn resident and your Brooklyn Neighborhood Real Estate Broker. You can also e-mail to Jeff at jeff@jeffgrandis.com


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)


Selling a Lifestyle or a Home or both?

The fact of the matter is according to Jeff Grandis of jeffgrandis.com when working with a buyer “a professional real estate broker must take the time to get to know that buyer’s needs in terms of what they can afford to spend, the amenities of the home and most importantly the location of the home”. (Read the article)


A New Year, A Different Market ? Thoughts on the Real Estate market In Brooklyn, New York

“What a difference a year makes‿ states Jeff Grandis of JeffGrandis.com. Last year at this time both buyers and sellers were completely confused about the change of market forces from a seller’s market to a buyer’s market. As a result many buyers sat on the fence and did not buy, thinking that the market will finally crash and prices will tumble. Well, according to Jeff Grandis in fact there was a price adjustment downward in many Brooklyn Neighborhoods. The adjustment was as much as 15% in some neighborhoods and less in others. For example, Midwood, Madison, Gravesend, Homecrest, Sheepshead Bay experienced a significant price adjustment. The downtown neighborhoods of Dumbo, Park Slope, Fort Greene, Clinton Hill, Carroll Gardens, Cobble Hill, Boerum Hill, Brooklyn Heights, Williamsburg and Greenpoint underwent a less severe downturn in price. Many sellers realized that the time of tremendous increases in price for their properties was over. Now, if a seller wants to sell, they have to be much more realistic about their expectations price wise says Grandis, who has been listing and selling Brooklyn Real Estate for over 19 years. According to Jeff Grandis, 2007 should be a much better real estate market. Now most sellers and buyers understand the changes that the Brooklyn real estate market have undergone. It was like a big storm, and now there seems to be a welcome calm. Sellers now know that they have to be realistic about price and buyers now know that prices have stabilized so if they need to buy, now it is a great time. (Read the article)


Dining Out In Boerum Hill, BOCOCA, Brooklyn New York

According to Jeff of JeffGrandis.com “ Smith Street has a high concentration of many different restaurants and cuisines”. Jeff goes on to say “ probably the best selection of restaurants in all of Brooklyn can be found in BOCOCA – ( Boerum Hill, Cobble Hill and Carroll Gardens ).

One of the best restaurants in the area is Cubana Café located at 272 Smith Street, between Sackett and DeGraw Street.

If you like to drink Mojitos, then this is the place for you. The mojitos here are the real thing with all fresh ingredients and made to perfection. The atmosphere is lively and always festive with Great Cuban music playing, Steve, the owner, greets you like family and absolutely great food, priced moderately.

There are always plantain chips and spicy dip complimentary to get you started with your mojito. Once you have had one or two mojitos then your taste buds are in for a real treat with any of the great appetizers. The corn on the cob with the chipolte (excuse my spelling if incorrect) sauce is superb. The corn is always sweet, the sauce with cheese on top is always a hit. (Read the article)


This is where you can share your best nightclubs and fun places to eat

This is where you can share your best nightclubs and fun places to eat: anybody can log in and post, just keep it clean or you will be blacklisted!


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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.