Commercial Real Estate Closings – Flat Fees Starting at $1,500
Our commercial real estate attorneys represent buyers, sellers, investors, landlords, and lenders in commercial property transactions throughout New York and New Jersey. We provide experienced legal guidance from contract negotiation through closing for mixed-use buildings, multi-unit investment properties, small to mid-size apartment buildings, retail storefronts, and other income-producing properties.
Flat fees for commercial closings start at $1,500 for smaller commercial, mixed-use, and four-family properties. Fees vary depending on the number of units and transaction complexity. Contact us for a personalized quote tailored to your transaction.
Representation for Commercial Buyers and Sellers
For Buyers of Commercial Real Estate
- Drafting and negotiation of the contract of sale
- Review and negotiation of rider provisions
- Review of underlying leases and tenant estoppel certificates
- Review of rent rolls, operating statements, and security deposit reconciliations
- Due diligence review of property financials
- Review of zoning compliance and permitted use
- Review of environmental reports (Phase I / Phase II, if applicable)
- Review of title report, survey, and resolution of title exceptions
- Identification and resolution of lien or violation issues
- Explanation of contract terms, financing obligations, and risk allocation
- Review of mortgage commitment and loan documents
- Preparation of attorney opinion letter for lender (if required)
- Coordination with title company and lender
- Coordination of tenant notices and lease assignments
- Coordination of 1031 exchange transactions
- Preparation for closing
- Representation at closing
For Sellers of Commercial Real Estate
- Drafting and negotiation of the contract of sale
- Preparation and negotiation of rider provisions
- Review and organization of leases, amendments, and tenant documentation
- Coordination of tenant estoppel certificates (if required)
- Resolution of title issues, liens, or violations
- Coordination of lender payoff and mortgage discharge
- Preparation of transfer documents
- Review of closing statement and adjustments
- Preparation of attorney opinion letter (if required by buyer’s lender)
- Coordination with buyer’s attorney and title company
- Assistance with assignment of service contracts or leases
- Coordination of 1031 exchange transactions
- Preparation for closing
- Representation at closing
Commercial transactions involving income-producing property require careful allocation of rent payments, security deposits, tenant obligations, and responsibility for any holdover or non-paying tenants. Proper drafting of these provisions helps prevent disputes after closing.
Frequently Asked Questions
Do I need a commercial real estate attorney for a mixed-use or multi-unit property?
Yes. Commercial transactions involving income-producing property require review of leases, tenant obligations, title issues, financing terms, and rent apportionments. Experienced legal representation helps prevent disputes and financial exposure after closing.
What does your $1,500 starting fee include?
Our flat fee includes contract review and negotiation, coordination with the title company and lender, review of leases and tenant documentation, and representation through closing. Fees vary based on the number of units and transaction complexity.
Do you review existing tenant leases and rent rolls?
Yes. We review leases, rent rolls, and security deposits to ensure proper apportionment at closing and to identify potential risks involving holdover or non-paying tenants.
Do you assist with 1031 exchanges?
Yes. We coordinate commercial transactions involving 1031 exchanges and work with qualified intermediaries to ensure compliance with IRS requirements.
When should I contact a commercial real estate attorney?
Ideally before signing a contract or immediately after entering into an agreement, so we can protect your interests during due diligence and financing.
Do you represent both buyers and sellers?
Yes. We represent both buyers and sellers of mixed-use and multi-unit investment properties throughout New York and New Jersey.
Speak With a Commercial Real Estate Attorney Today
If you are entering contract, negotiating a commercial property acquisition, or preparing to sell income-producing real estate, speak with an experienced commercial real estate attorney today.
With over 20 office locations throughout New York and New Jersey, we represent commercial clients across the region.