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

Locust Valley (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 Locust Valley building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the Locust Valley (NY) apartments or condominiums.

Why lease your Locust Valley (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 Locust Valley (NY) investment property for a smaller down payment and fairly lower risk. If you are wanting to eventually purchase the Locust Valley (NY) property, make sure your lease is drawn up by a capable attorney who knows real estate law thoroughly.