It’s been a while since we’ve posted a blog, but Brooklyn real estate is booming and we’ve been really busy! However, as we reflect during this time of gratitude and giving, we can’t help but realize how thankful we are for all our success. Awaye Realty would like to share our sincerest wishes for joy, health, and peace to all our friends, customers, and clients. We thank you for your loyalty and support throughout the year.
This year, we not only had a banner year in real estate sales and rentals, but also welcomed several new buildings to our property management family. We hope to surpass their every expectation in the coming New Year.
It hasn’t all been toil. In fact, we just finished celebrating the season with the BNYMLS and Brooklyn Board of Realtors at the El Caribe Country Club. We danced, and drank, and played white elephant with our colleagues. A wonderful time was had by both the Awaye Realty Sales and Management teams.
Best of all, the event collected so many toys for the Children of Bellevue Hospital that Rich Schulhoff, CEO of BBOR, had to rent a large van to bring the gifts to the hospital. He told us he was privileged to play Santa and that the entire hospital staff came out to help distribute the toys to the children. We are proud to have been a part of such a wonderful venture.
We hope that you stay warm and merry this holiday season and wish you all the best!
With its vibrant culture, fabulous schools, charming streets, and proximity to Manhattan, the Carroll Gardens/ Cobble Hill area has long been a draw for people from all over the world. Now more than ever, everyone wants to own a piece of our backyard. If you live in brownstone Brooklyn and have ever considered selling your home, THIS is the time!
We have been selling everything we list, and within weeks! We just sold 201 Huntington Street (2 family townhouse) and 228 Clinton Street (4 family brownstone) for all cash. We sold 16 3rd Place (2 family brownstone) in 2 weeks for $350,000 above asking price.
The special advantage that Awaye Realty has over its competition is the fact that we are in Carroll Gardens. Customers go right to the source because they know that ease of access is one of the keys to an expedient sale. Also, we know how to price and market properties to sell for the highest price in today’s market. We know our product , our customers’ needs, local property values, and the financing options available for these mega dollar sales.
Carroll Gardens is our home. Stop by and visit. You may want to stay a while.
We are proud to announce that after only three weeks of marketing, Awaye Realty procured a buyer for 16 Third Place in Carroll Gardens. The seller was elated at the final
sale price which exceeded the asking price by $350,000.
Multiple buyers counter-offered to create a competitive atmosphere, which brought about the outstanding price for this brownstone fixer upper.
Both buyer and seller echoed good sale and congratulation to one another. The magnetism of Carroll Gardens has a strong pull on buyers looking to join this growing and vibrant community, and neighborhood properties are extremely sought after.
It’s been a while since our last entry, and it’s because we’ve been extremely busy. Now that we are officially in our eleventh year, we’ve finally taken a moment to sit back and celebrate!
President of Awaye Realty, Arlene Waye , organized a fete that would not soon be forgotten.
Arlene’s good friend and owner of the Tenuta Torciano Vineyards of Tuscany, Pierluigi Giachi, offered us an intimate wine tasting. Under his expert guidance, we sampled over a dozen wines. As the wine flowed, we indulged in decadent antipasti, fragrant truffle oils, and well-aged balsamics. Arlene’s husband Jim personally prepared lasagna for over eighty people!
Happy and full, we agreed that in a competitive industry such as real estate, we are fortunate to work with such enthusiastic, professional, and above all, warm colleagues. It was an amazing experience and we are already looking forward to our 15th Anniversary in 2018.
In other news, yesterday we rolled out the first phase of our new and improved website. We are proud to have a much more intuitive site that is now an even better resource for our customers. The new awayerealty.com offers THOUSANDS of Brooklyn, Manhattan, Bronx, Queens, and Staten Island listings… all in one place. Visitors can now browse not only Awaye Realty’s exclusive real estate sales, commercial, and rental listings, but also every listing provided by our fellow members of the Real Estate Board of New York (REBNY), Brooklyn Multiple Listing Service (BNYMLS), and Staten Island Board of Realtors (SIBOR).
Aside from everything that is available in the New York City real estate market, awayerealty.com offers a wealth of information about the intricacies of buying and selling your home or any other type of real estate, Brooklyn neighborhood biographies, definitions of common real estate terms, and much more. We invite you to browse around!wse not only Awaye Realty’s exclusive real estate sales, commercial, and rental listings, but also every listing provided by our fellow members of the Real Estate Board of New York (REBNY), Brooklyn Multiple Listing Service (BNYMLS), and Staten Island Board of Realtors (SIBOR).
We will keep you informed about Phase 2, but we anticipate going live with that sometime in April. Clients will be able to more seamlessly browse listings as well as create their very own accounts and personal folder of listings that interest them. We expect that the new awayerealty.com will deliver a smooth and valuable real estate experience for our visitors.
As always, we are busy matching our customers with their dream homes. As the weather gets warmer, the real estate market tends to heat up. There’s a lot of excitement in the air at our 522A Court Street office.
Many of you will soon be receiving out spring promotional postcard in the mail. If not please call us at 718.488.0800 to learn about our limited time 4% fee for full service marketing and representation of your real estate property.
The Awaye Realty family thanks you for your patronage. Without all of you, where would we be?
This month Awaye Realty Management, LLC celebrates its 10 year anniversary as one of Brooklyn’s premier providers of real estate and property management services. Based out of Carroll Gardens, Awaye Realty has weathered the housing and financial crash of the mid-2000s and has prospered despite the difficult economic climate for small businesses. Awaye Realty attributes its success to a heavy investment in technology and a staff of seasoned professionals.
“We are celebrating this amazing 10-year milestone by re-launching the website for the sales arm of our company,” says principle and founder Arlene Waye. “We strive to be a resource for our clients, and the new awayerealty.com will offer our visitors the ability to search over 20,000 listings in Brooklyn, Manhattan, Staten Island, and the Bronx.” A proud member of the Real Estate Board of New York (REBNY) since the start, Awaye Realty is also a member of Multiple Listing Services in Brooklyn, Manhattan, and Staten Island, which also feed their site.
Arlene Waye founded Awaye Realty Management, LLC in 2003. Prior to this, Ms. Waye held the position of Vice President of Operations for a major Brooklyn developer for sixteen years. She was employed in the capacity of real estate broker, property manager, and CFO, and was responsible for the operation of his real estate property management and development portfolio. Ms. Waye has been instrumental in the construction, management, conversion, and development of many condo, co-op and rental projects. She works hand-in-hand with developers creating offering plans, Schedule B’s, and consulting on project finishes. Ms. Waye then sells the projects, and continues to manage them. “My background as a developer’s broker and property manager allows me a unique insight into the real estate market, that’s a real edge for our clients and one of the secrets to Awaye Realty’s success,” says Ms. Waye.
Awaye Realty was the exclusive leasing agent for the former Watchtower properties at 6-10 Clark Street and 169 Columbia Heights (The Standish), where Awaye Realty Management also oversaw an extensive renovation of the building. The company also handled the renovation and conversion 26 and 34 Butler Place Condos, 172 Sterling Place Condos, and many others. Awaye Realty Management was also responsible for the renovation and conversion of 505 Court Street (Court Street Lofts) from a rent-stabilized building into a thriving luxury condo project. Arlene Waye was instrumental in the conversion and rehab of the adjacent property at 204 Huntington Street (Hunt Lofts) from the former Borden’s Candy Factory into a 60-unit luxury loft rental building. More recently, Awaye Realty Management overhauled the property at 149 Marine Avenue into one of the premier luxury cooperatives in Bay Ridge.
Awaye Realty Management, LLC offers a full range of real estate brokerage and property management services. The company has a proven record of success in selling and leasing both commercial and residential property, and is offering a reduced commission through February to mark their 10-years of business success. Call 718.488.0800, or visit them on the web at www.awayerealty.com for more information.
As Realtors®, we take our job as well-informed assets to our clients very seriously. We spend hours reading real estate industry publications, newsletters, and scouring internet real estate websites to stay on pace with current market trends.
Recently, a matter of great concern to a lot of people has been the scarcity of apartments in Brooklyn. It’s true! The vacancy rate in our great borough is very low, and great apartments get rented almost immediately. You can boil it down to displacement due to Hurricane Sandy’s destruction, or just the fact that Brooklyn is HOT!
Who wouldn’t want to live here? Brooklyn has everything; Amazing culture, fantastic dining and nightlife, convenient transportation options, and proximity to Manhattan.
So, if you’re looking for an apartment, where does that leave you?
Don’t despair. If you are looking to rent, Northern Brooklyn is experiencing a building boom. Amenity-packed luxury high-rise rental buildings are sprouting up everywhere. Many new construction buildings are offering great incentives like a month of free rent or a year of parking, and we can definitely help you get in on that. Also, spring and summer are seasons of major turn-over in the Brooklyn rental market.
Now let’s say you are not looking for a new construction property, or are trying to get deeper into Brooklyn. What are you to do? Be prepared, and be in
formed! It’s a good idea to start your apartment search about 3 weeks before your desired move-in date. Looking earlier can lead to a lot of disappointment as what is available today will not be tomorrow. Great apartments don’t stay vacant for long, so if you see something you love, you have to be ready to jump on it.
In terms of preparation, below is a checklist of what will be necessary to rent the apartment of your dreams. It’s a good idea to have all these items ready when y
ou go to view an apartment.
Credit Check/Application Fee (usually about $50 per applicant)
Salary Verification- Paperwork proving you earn 40X the monthly rent, ie., 3 recent paystubs and 3 most recent bank statements
Cancelled Rent Checks
Letters of recommendation from current landlord (especially when credit is an issue)
If you have a guarantor, you will also need the following information about them:
Credit Check/Application Fee
Salary Verification- Paperwork proving your guarantor earns 80X the monthly
Finding the right apartment is a lot of work, and we’re here to help you through the whole process. Call us any time at 718.488.0800, and happy hunting!
We are excited to report that, just as we suspected, our favorite borough, Brooklyn, is booming!
According to Property Shark, most Brooklyn neighborhoods are seeing a rise in residential property values. You can follow this link to the interactive PropertyShark.com map.
Williamsburg saw the biggest changes, with prices per square foot climbing by 174% since 2004. Other big winners include Prospect-Lefferts Gardens, with 63% growth, Gowanus with 52%, Fort Greene with 51%, and the majority of North-West Brooklyn (including our ‘hood, the always lovely Carroll Gardens) at a comfortable 20-30% climb.
At Awaye Realty, we’re not surprised. Just a stone’s throw from Manhattan, Brooklyn is a vibrant tapestry of geography, architecture, and people. There is something in our beautiful Brooklyn for just about everyone. From thriving artists’ communities to quiet ocean-side living, Brooklyn has it all! Brooklyn is also quickly becoming one of America’s cultural Mecca’s.
We’re improving every day. Now proudly boasting our own basketball team with the Brooklyn Nets, rumors are swirling that we’ll be getting Islanders Hockey soon, too. Brooklyn’s Business Improvement Districts have been attracting more and more businesses and consumers.
Our borough is healthy and exciting. People from all over the nation want to live here. If you are looking to sell, now is a great time to cash in on your investment. If you’re looking to buy, Brooklyn shows no signs of slowing down and interest rates are at record lows.
We hope this year brings you joy, health, love, and success.