Commercial Closings: $1,000+

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Are you buying or selling commercial or industrial real estate or a building with 4 or more units? If so, you have come to the right place. Our attorneys have closed hundreds of commercial & industrial real estate transactions and are well prepared to negotiate the terms, conditions and contingencies of any such transaction. Our fee starts at $1,000 for a 4-family, mixed use or commercial property.  The fee increases based on the amount of units and purchase price.  Call us for an exact quote. The fee includes the services listed below.

For Residential Real Estate transactions, Click Here.

FOR BUYERS OF COMMERCIAL OR INDUSTRIAL REAL ESTATE

  • Review and negotiation of the contract of sale,
  • Review of underlying leases (for properties with Tenants),
  • Preparation of Attorney Opinion Letter for the Lender (if necessary),
  • Explanation of the real estate contract and mortgage commitment to the buyer,
  • Resolving any issues (including tenant issues, title problems, repairs, etc.) prior to closing,
  • Correspondence with the seller’s attorney, title company and mortgage company,
  • Preparation for closing, including obtaining necessary title work,
  • Review of mortgage commitment and title commitment, and
  • Representation at closing.

FOR SELLERS OF COMMERCIAL OR INDUSTRIAL REAL ESTATE

  • Preparation, review and negotiation of the real estate contract,
  • Explanation of the real estate contract to the seller,
  • Preparation of Attorney Opinion Letter (for Buyer’s Lender, if necessary),
  • Resolving any issues (including tenant issues, title problems, repairs, etc.) prior to closing,
  • Correspondence with the buyer’s attorney,
  • Preparation for closing, and
  • Representation at closing.

Commercial transactions are more complicated than residential ones and require extra attention to certain covenants and contingencies. Particularly important is the clause regarding existing tenants, which should specify the apportionment of rent payments and who bears the responsibility of evicting holdover or non-paying tenants.

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Feel free to contact us today to discuss any questions you may have.

Please note that we also represent clients with respect to Real Estate Refinancing.

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Brooklyn Office°

2620 E. 18th Street, Suite 2
Brooklyn, NY 11235
(718) 989-9629

Bronx Office*

2010 Williamsbridge Rd.
Bronx, NY 10461
(347) 923-3880

Dutchess Office*

42 Catherine Street
Poughkeepsie, NY 12601
(845) 208-9238

Manhattan (Downtown)*

222 Broadway, 19th Floor
New York, NY 10007
(212) 365-0934

Manhattan (Harlem)*

8 W 126th Street
New York, NY 10027
(212) 365-0934

Nassau Office*

225 Franklin Avenue, Suite 325
Great Neck, NY 11021
(516) 558-0045

Putnam Office*

Use Rockland, Dutchess or
Westchester Office
(845) 208-9238|

Queens Office*

3537 36th Street
Astoria, NY 11106
(718) 554-5652

Rockland Office*

3 E Evergreen Road
New City, NY 10956
(845) 208-9238

Staten Island Office*

307 Sand Lane
Staten Island, NY 10305
(718) 554-5687

Suffolk Office*

445 Broad Hollow Rd., Suite 25
Melville, NY 11747
(631) 306-0057

Westchester Office*

199 Main Street, 4th Floor
White Plains, NY 10601
(914) 274-2045

Essex Office*

16 Orange Street
Bloomfield, NJ 07003
(973) 528-0285

Disclaimer

° Principal Office
* By Appointment Only

Monmouth Office*

50 US Highway 9 North 125
Morganville, NJ 07751
(732) 474-6410