BY AMALIA OTET
Amalia Otet is an online developer and creative write for RENTCafe.
With real estate prices picking up in all the five boroughs and the high demand for urban living, New York City is poised to remain an ultra-competitive market. Staying on top of the game requires both strategy and solid information to back up any real estate deal.
As the no. 1 resource for both commercial and residential real estate property information in NYC, including Queens and Long Island, PropertyShark aims to provide real estate professionals and home buyers with actionable market insights and up-to-date property data.
If you’re looking for reliable property information, PropertyShark is your best bet.
Whether you’re looking to buy or sell real estate, PropertyShark will take you where you want to go. The website collects real estate data from hundreds of sources – including title documents, assessment rolls, HPD records, building permits, etc. – into a single property research portal, making it easy for you to access the property data you want and need in one convenient place – online.
Thorough property research is critical when selling or buying real estate.
Before committing to a deal, it is highly important to research the property down to the finest detail. Through its property reports, PropertyShark allows you to check out the physical characteristics of the properties you’re interested in, with clear data on the age and size of the building, maximum allowable occupancy, as-built floor area ratio (FAR), lot square feet, air rights, and much more.
Additionally, PropertyShark lets you tap into their extensive database and find real-time information on sales, trends, and prices for New York City real estate. You can:
- Thoroughly search the sales history of any property back to 1966.
- See current and past ownership (with contact details such as the owner’s address and phone number, where available).
- Look up permit activity.
- View the property’s assessment history with accurate data on the property’s market value, assessed value, annual tax bill, and base tax.
- Check all liens on a specific property back to 1985 (a property is flagged if in foreclosure or bank owned)
- By providing quality information on all property types coupled with functional tools, PropertyShark gives potential customers the power to make more educated buying and selling decisions while boosting productivity.
To come in future editions: more info on how to use PropertyShark for identifying distressed properties (foreclosures, lis pendens or REO listings), running comparables, and compiling mailing/data lists.
Amalia Otet is an online content developer for Property Shark.