Selling Mixed-Use and Commercial Estate Property in Brooklyn
Navigating Environmental Safety, HPD Compliance, and COPA Legislative Changes.
Mendy Lipsker
Broker of Record
Mendy@MendyRealty.com
Specialized Tactical Approach
Selling a commercial warehouse in Gowanus or a mixed-use building in Crown Heights through an estate is significantly more complex than a standard residential sale. These properties often come with active commercial leases, environmental considerations, and strict NYC regulatory requirements. At Mendy Realty, our 20 years of experience has taught us that commercial estate sales require a specialized tactical approach.
HPD Compliance
Any residential building with three or more units, including mixed-use properties with apartments over retail, must be registered annually with HPD. If the registration is outdated, the estate cannot certify violations or initiate court actions. We audit these early to prevent stalls at closing.
Environmental Diligence
Commercial buyers in 2026 are increasingly diligent. Expect requests for Phase I Environmental Site Assessments to check for historical contamination. We also gather Tenant Estoppel Certificates to verify lease terms and security deposits.
Legislative Changes: COPA
Impact on certain residential buildings with four or more units:
The Community Opportunity to Purchase Act (COPA) can introduce mandatory notice periods where qualified non-profit organizations get a first look at the property. We ensure your commercial asset is marketed to a deep pool of qualified cash buyers who understand probate sales.
