Real estate blog entries tagged with peter nikic by Peter Z. Nikic

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peter nikic: CAP Rate, what is it and how it's calculated? - 10/08/09 09:48 AM

You are looking to buy an apartment building or other commercial property and as you look through the paper work, you see CAP Rate. But what does it mean and how is it calculated? You have at least heard of the term, but it was never clear to you as to what … (2 comments)

peter nikic: No Records Found! Who is showing your listings? - 09/28/09 03:49 PM

Today I got a call from someone who wanted to show one of my listings. He said the showing would be between 12:00 - 1:00 PM. I told him that I would have to check and get back to him.I called him back confirming that it was OK to show. He … (4 comments)

peter nikic: 5 BR, 4 Bath house in Pleasantville, NY - $899,000 - 09/16/09 08:36 AM

Pleasantville, NY

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peter nikic: 24 Family Apartment Complex in Dutchess County - 8% CAP - 09/15/09 11:16 AM

Here's an opportunity to own a beautiful 24 family apartment complex in Dutchess County. Property is priced to sell! at 8% CAP Rate!
Call or email me for details. Peter Nikic (914) 804-0037 peter.nikic@broadnbailey.com
… (3 comments)

peter nikic: 1 BR Apt in Tarrytown - $1,400 - 09/15/09 09:17 AM

53 South Washington Street Tarrytown, NY - Apt 1NMap & Directions
1 BR apartment on first floor with full Bath in 7 family building.Rent: $1,400 per month Security Deposit: $1,400Available: September 1, 2009 Heat and hot water includedGreat location, apartment will be renovated, all hardwood floors, high ceilings, full … (0 comments)

peter nikic: How in the world does the market create pricing? - 09/14/09 11:07 AM

How many times have you been in situations where you saw a house that was priced much lower than the same house in another neighborhood or state? I feel that I run into these situations all the time.
So what is it that creates these fluctuations in price? How does the … (0 comments)

peter nikic: Wanna know how to catch a Monkey! - 09/10/09 03:07 PM

Catching up with a friend, we got into the conversation of real estate. Not a foreign subject to either of us since I am a licensed real estate broker, he is a contractor as well as both of us being multi-property owners. The conversation began when I asked him if he … (5 comments)

peter nikic: Thinking about buying an apartment building in the Bronx? - 09/04/09 03:34 PM

Many of my friends own apartment buildings in the Bronx. I also owned a building there several years ago. If you're unfamiliar with the area, you're probably saying to yourself "Now why would anyone want to buy a building in the Bronx!"
Well, if you're a real estate investor and live … (4 comments)

peter nikic: Bronx Buildings For Sale - 08/10/09 09:17 AM

In 1994, I bought my first building in the Bronx, a 21 unit 5 story walk-up. I really didn't know what to expect, I had never owned a building before. I remember one night speaking with my wife just before we bought the building. She had said to me "you can … (2 comments)

peter nikic: 1 BR - $1,400 - Tarrytown, NY - 08/10/09 08:28 AM

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peter nikic: 1 Br - 2 Bath in Millbrook - $850 - 03/25/09 10:25 AM

11 Daniele Lane Millbrook, NY - Apt #14Click here for Map and Directions
1 BR apartment on 2nd floor with 2 full Baths in 3 family house. Spacious, skylights, 2 entrances, parking, yard.Rent: $850 per month Security Deposit: $850Available: May 1, 2009 Heat and Hot Water IncludedThis is a … (3 comments)

peter nikic: Studio Apartment in Millbrook - $550 - 03/25/09 10:23 AM

23 Daniele Lane, Millbrook, NY - Apt #17Click here for Map and Directions
2 room studio apartment with full Bath in 12 family building. Private entrance, front deck and carport included. * Utilities Included (ask for details).Rent: $550 per month Security Deposit: $550Available: April 1, 2009If interested, call Peter at … (3 comments)

peter nikic: 2 Bedroom Apartment in Pleasantville - $2,200 - 03/25/09 10:13 AM

71 Tompkins Ave, Pleasantville, NY - Apt #1Click here for Map and Directions
Spacious 5 room - 2 BR apartment on first floor with full Bath in large 6 family Tudor.Rent: $2,200 per month Security Deposit: $2,200Available: May 1, 2009 Heat and hot water includedGreat location, all hardwood floors, … (1 comments)

peter nikic: 2 Bedroom apartment in Millbrook - $800 - 03/25/09 10:10 AM

23 Daniele Lane, Millbrook, NY 12545 - Apt #25Map & Directions
2 Bedroom apartment with full Bath, living room and eat-in kitchen in a 12 family building. The building contains mostly side by side apartments. There are no apartments below or above this unit. It was completely renovated about a year … (0 comments)

peter nikic: 1 BR - $1,400 - Tarrytown, NY - 02/19/09 11:13 AM

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peter nikic: If home prices drop, should property taxes drop? - 10/24/08 08:47 AM

In the current edition of Realtor magazine, there is an article written by John E. Grippa. He says as home prices drop, so should property taxes.
After reading the article, all I kept thinking was that there seems to be something wrong with this concept. I don't mean that John E. … (8 comments)

peter nikic: Spacious 6 room - 2 BR apt on 2nd fl with full Bath - $2,200 - 10/15/08 02:42 PM

peter nikic: I Love NY . . . How it all started? - 07/22/08 11:47 AM

The year was 1977, New York City, on the verge of bankruptcy, dreary, dark, crime was rampant. It was like a scene of Gotham City from "Batman." Real estate was so bad; the City of NY became the biggest landlord in the city as landlords abandoned their buildings, the city obligated … (21 comments)

peter nikic: Pleasantville, it's Real and in Color! - 07/20/08 12:20 PM

Often I get asked "Pleasantville? Like the movie?" I reply "yes, only in color". With a population of just over 7,000 and an area of less than 2 square miles, Pleasantville is small yet highly desirable. Located in central Westchester, just 45 minutes from mid-town Manhattan. It's small size does not … (15 comments)

peter nikic: "Only God should be privileged to live alone" - 07/12/08 11:56 AM

My mother is moving in with me, along with my wife and 3 children. Yes, there will be difficult times, but over-all I think it's the best thing. My children will be closer to their grandmother. My wife is very open and understanding with my mom, and as a result I … (39 comments)

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