Ellenville (NY) commercial apartment / condominium building for lease, Ellenville (NY) commercial real estate for lease or rent

Ellenville (NY) apartment and condo buildings are sometimes great investments as they can be leased in part or in whole to a single tenant or several tenants. If the whole Ellenville building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the Ellenville (NY) apartments or condominiums.

Why lease your Ellenville (NY) apartment building and not just buy? It could take up to 30% down payment to make that happen, but with a master lease you can acquire Ellenville (NY) investment property for a smaller down payment and fairly lower risk. If you are wanting to eventually purchase the Ellenville (NY) property, make sure your lease is drawn up by a capable attorney who knows real estate law thoroughly.