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About Us / Success Stories
Securing the Goals of Both Parties: More Classrooms and Long-term Tenancy
The Perfect Fit for a Company With Many Needs
Successful Placement in Rezoned Area
Quick & Quiet Sale of Long Island City LandmarkLong known to anyone driving into or out of Manhattan, the former Bloomingdale's Warehouse is one of the best known buildings in Long Island City. Sparked by a need to consolidate operations, Federated Stores vacated the facility for the first time in its history. The ability of DY Realty Services to reposition the property in the market and our speedy response to the ownership’s desire to sell made us successful in producing a strong, qualified buyer for the 640,000 sf building quickly and quietly.
Sale & Leaseback of Bronx Facility
Sale of Office Building in Manhattan's Financial District
DY Sells the "Hard to Sell"After many years on and off the market, team members Zion Segev and Justin Butts acquired the exclusive agency of a “hard-to-sell” 80,000 sf industrial facility on Dunkirk Ave located in the greater Jamaica development area Within two months, they were able to conclude the sale of the property to an engine rebuilding company.
National Electrical Corporation Relocates Distribution Facility to Canarsie
Bushwick is Brooklyn's New Frontier
Even as other areas of Queens and Brooklyn under go conversion, the Bushwick area of Brooklyn has remained largely untouched. At first, the idea of new condo construction in Bushwick was not an easy sell. However, thanks to the pioneering efforts of DY Realty, the area's first highly successful conversion was completed at 101 Wyckoff Avenue. By understanding the value of access to L-train subway line, DY was able to correctly position the property as a great opportunity for the developer to capitalize on the growing demand for affordable condominiums.
Affordable Living in the Greenpoint Area of Brooklyn
As prices continue to escalate in surrounding Williamsburg and Long Island City, the old industrial sections of Greenpoint have become a prime alternative location for potential development. By assembling a series of former warehouses, distribution facilities and garages owned by separate companies, DY was able to create a property large enough for a 6-story building with 130 condo units. Located on Green St between Franklin and Manhattan Avenues, the project was an opportunity for a developer to capitalize on the incredible demand for affordable housing in Greenpoint, while also greatly benefiting the diverse ownership of the assembled sites.
Investment Sale of 804,000 sf Miami Industrial Portfolio
With the current real estate market in the New York City area extremely tight and cap rates historically low, DY Realty is always working to locate great investment properties outside the immediate geographic area for its extensive investor clientele. DY located one such opportunity near Miami International Airport. With a 95% occupancy rate by over a 190 tenants and with the strong potential for double digit returns, this industrial portfolio was the perfect property for one of our many New York City investors.
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DY Realty Services, LLC * 45-18 Court Square, Suite 403 * Long Island City, NY 11101 (718) 729-7474 phone * (718) 917-1476 fax * mail@dyrealty.com All information contained on this website is from sources deemed reliable, but subject to: errors, changes without notice, prior sale or lease, withdrawal without notice. © 2010 DY Realty Services, LLC - All rights reserved. |
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