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

A Port Chester apartment or condominium building for lease may be available from an owner in Port Chester (NY) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the Port Chester (NY) owner and make sure the numbers work.

Port Chester rental properties make a great investment income, but having to pay large down payments for Port Chester (NY) property can eat up capital you may need for future repairs or Port Chester (NY) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Port Chester (NY) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the Port Chester (NY) property for any bank holding or liens.