Commercial Condominiums Apartments, Buildings for Rent
West Babylon (NY) commercial apartment / condominium building for lease, West Babylon (NY) commercial real estate for lease or rent
West Babylon (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 West Babylon building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the West Babylon (NY) apartments or condominiums.
Why lease your West Babylon (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 West Babylon (NY) investment property for a smaller down payment and fairly lower risk. If you are wanting to eventually purchase the West Babylon (NY) property, make sure your lease is drawn up by a capable attorney who knows real estate law thoroughly.
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New York commercial property for lease & sale
Commercial and industrial property for lease
Commercial and industrial property for sale