Real Estate Blog - Real Estate

Tax season is here, and while that might bring a mix of stress and anticipation for many, for homeowners in Staten Island, it comes with unique considerations. Whether you own a single-family home in Tottenville, a charming colonial in Westerleigh, or a waterfront property in Great Kills, tax season affects you in various ways. Understanding your property taxes, potential deductions, and how to maximize your savings is essential.

Understanding Property Taxes on Staten Island

One of the most significant tax obligations for homeowners is property tax. In Staten Island, like the rest of New York City, property taxes are assessed based on your home’s market value and classification. The city uses a complex formula to determine these taxes, and homeowners often find themselves questioning how their assessments are calculated.

Your property tax bill depends on:

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Continue reading “It’s Tax Season: What Does That Mean for Staten Island Homeowners?”

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If you’re considering a career in real estate and love the idea of helping people find their dream homes or investment properties, becoming a real estate agent in Staten Island could be a rewarding choice. Staten Island offers a unique market with a mix of suburban charm and city convenience, making it a great place to start your real estate career. This guide will walk you through the steps to becoming a licensed real estate agent in Staten Island and offer tips to help you succeed.

Step 1: Understand the Role of a Real Estate Agent

Before diving into the licensing process, it’s essential to understand what a real estate agent does. Your job will involve assisting clients in buying, selling, and renting properties, negotiating deals, marketing homes, and staying informed about market trends. Staten Island’s diverse neighborhoods, from the waterfront views of St. George to the family-friendly streets of Tottenville, provide plenty of opportunities for agents to carve out a niche.

Step 2: Meet the Basic Requirements

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Brooklyn continues to grow as a premium destination for luxury real estate, bolstered by high-profile celebrity investments. The borough offers a unique combination of vibrant neighborhoods, historical architecture, and modern amenities that appeal to affluent buyers.

Notable celebrity activity, such as Amy Schumer’s recent real estate moves and record-breaking market trends, showcases Brooklyn’s increasing prominence in New York City’s luxury real estate landscape.

Looking for premium properties in Brooklyn? Contact Robert DeFalco Realty for expert guidance on the borough’s most desirable neighborhoods.

Key Celebrity Real Estate Transactions

Amy Schumer’s Brooklyn Heights Townhouse

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The “City of Yes for Housing Opportunities” is a significant zoning reform in New York City, adopted on December 5, 2024, aimed at addressing the housing crisis by making it easier to build more homes across all neighborhoods. This initiative is expected to enable the creation of 82,000 new homes over the next 15 years, though actual outcomes may depend on various factors like development pace and community responses.

As a Staten Island resident or property owner, understanding these changes is crucial as they could significantly impact property values, neighborhood character, and future development opportunities. Robert DeFalco Realty can help you navigate these changes and understand how they might affect your property investments.

Key Changes and Their Impact on Staten Island

The “City of Yes for Housing Opportunities” introduces several significant zoning changes that will affect how housing can be developed across NYC, including Staten Island. Here’s what you need to know:

Universal Affordability Preference (UAP)

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Are you a newbie investor looking to dive into the world of real estate? With its diverse neighborhoods and promising market, Staten Island presents a fantastic opportunity for those eager to start and potentially grow their wealth. At Robert DeFalco Realty, we believe that investing in real estate can be a rewarding journey, especially when you know where to begin. Here’s a simple guide to help you make informed decisions as you embark on your investment adventure.

1. Understand Your Goals

Before purchasing any property, take a moment to define your investment goals. This step is not just important; it’s empowering as it allows you to shape your investment strategy and choose the right property type that aligns with your objectives. Are you looking for rental income, long-term appreciation, or a quick flip? Knowing your goals will guide your investment journey.

2. Research Staten Island Neighborhoods

Staten Island offers a variety of neighborhoods, each with its unique charm and investment potential. Here are a few areas worth considering:

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A hidden lien could force you to cancel your property sale and lose thousands of dollars. Did you know that?

Learning how to put a lien on a property in NY – or better yet, how to check for one – is vital for anyone buying or selling real estate. New York law allows liens to stay attached to a property for up to 10 years, even after ownership changes. This makes liens a serious concern for Staten Island’s homeowners.

Mortgage liens, IRS tax liens, mechanic’s liens, and HOA liens can deter potential buyers and make selling your property much harder. The good news? You have several ways to check for liens on your property. You can work with title companies or visit the Richmond County Clerk’s office.

This piece will show you the exact steps to find property liens in Staten Island. You’ll have all the information needed before making any real estate decisions.

Understanding Property Liens in Staten Island

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