Special offer

Are the commercial property coming down !

By
Real Estate Broker/Owner with New York Real Estate Experts

Automotive Repair Building 50x95 with 15 Ft Ceilings and 12x12 Overhead doors Offers the opportunity to continue a profitable and well established business of over 40 years, in a high travel area with excellent visibility and accessibility in the Bronx located on the South side service road of a major highway Interstate 95, and across from Co-op City Possibilities are endless for the second Building 40x95 with 22 Ft Ceilings and 15x15 Overhead Door with 12,000 Sq Ft .

 

 

Some experts point to the bright sides of a down market - for example, the opportunity to snap up some great bargains. They say that investors who already have been shopping in London for skyscraper deals may set their sights on Manhattan later this year to find deals, and that may fuel some growth in overall sales. Some New Yorkers, especially businesses who have found the market too costly, also may find some deals.

"A correction might give opportunities," said Jonathan Bowles, director of the Center for an Urban Future, an independent research group. "I think it's healthy for the city's real estate market to have a down cycle."