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

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

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