For those of you who have always wondered about exactly what I do, let me explain.  My father and I own a company named Acres Land Realty, Inc.  We are a real estate brokerage that specializes in the marketing & sales of commercial real estate.  Although we do some residential home sales, the skills and methods to market and sell residential real estate is quite different than commercial real estate.

My father has been helping clients buy and sell commercial real estate for almost 19 years now.  He started off in residential real estate, like most real estate agents, but following the housing crash in 1990 two things happened.  He sold the Chase Manhattan bank on Roosevelt Ave in downtown Flushing.  And he witnessed the tragic end that came to many clients American dream as they sold their homes off at a loss.  Between earning the lucrative commission that comes from a big deal like the Chase Manhattan bank and the ill feelings of earning commissions off families just trying to find a way to survive, I think he just decided he liked working in commercial real estate better. 

I’m very lucky to have had the opportunity to work with him for the past 5 years, because I really believe that he has shared insights and truths that I would not have gotten any other way.  If I had worked at a regular real estate brokerage, I don’t believe any mentor would share their thoughts, insights and experience in the same way.  Its just a matter of survival.  But, here, at our company, I had the opportunity to see, hear and learn just about everything.

In the 5 years we have worked together as broker-salespeople (I was here as an admin. asst for 2 years) we have sold 16 properties worth $30,493,000.  In the 18 years my father has been a real estate broker, he has sold over 35 commercial properties in NYC, Queens, Long Island and a few here and there.  In the past few years we have been working with a lot of clients in utilizing the 1031 Tax Exchange to defer capital gains taxes.  Its quite challenging to match up the timing of the contracts and mortgages so that everything works out perfectly, however, the benefits can be amazing.

We mostly focus on the marketing and sale of retail, NNN, strip center, shopping center and mixed use (retail + apartments) properties in the $1 to $7 million range.  Our buyers are mostly experienced buyers and many are previous clients.  We also work with commercial tenants and leasing office, retail and warehouse space (mostly properties we are selling or have sold). We have access to properties across the country, in all price ranges and property types. 

My office time is spent preparing sales presentations, researching potential properties, researching property and ownership information, calculating rent rolls and financial statements.  I do a tremendous amount of research and am always proofreading and checking if numbers match up. I also handle the day-to-day office management, including accounting and making sure the supply cabinet is stocked and all the staplers have staples. 

In my free time, I am always researching properties (mostly upstate and in Connecticut) to find properties that would make a good country retreat and artist’s gallery.

Advice is free, so if you have questions feel free to contact me.  I actually have a tremendous amount of bookmarked links and reference information that I have building up over the years, which I am currently trying to get posted on this site.  But, if there is anything specifically you are wondering about or looking for, mail me specifics.

I am always looking for opportunites in property management and development, so if you know of any, shoot them my way.  Thanks for reading.