Key Takeaways
- Every deal starts with pricing and finding the right buyer or property.
- Due diligence, financing, and contracts take most of the time.
- A coordinated team keeps the deal on schedule.
Mendy's Original Take
From the Mendy Realty archive, first published by Mendy Lipsker.
Putting a deal together requires you to orchestrate and coordinate many parts and pieces. So much can go wrong, but we work very hard for the buyer or seller to get the job done. Here is a list of just some of the many tasks that go into it.
2026 NYC Investment Snapshot
Investor demand stayed strong in 2026. New York City investment sales reached $23.69 billion through Q3, with multifamily and development sites leading the market.
NYC sales by asset class, Q1 to Q3 2026
Figures through Q3 2026 include projected closings.
The Steps Of A Deal
Price and market
Set the right price and reach qualified buyers.
Negotiate and contract
Agree on terms and sign with attorney review.
Due diligence and close
Complete inspections, financing, and title work.
Common Questions
How long does a NYC real estate deal take?
Many deals take 60 to 90 days from contract to closing, depending on financing and due diligence.
Who is involved in a NYC closing?
Buyer and seller attorneys, brokers, lenders, and a title company.
Related Reading
Talk To A Brooklyn Broker
Buying, selling, or investing in New York real estate? Start with a direct conversation.
718.751.0738Market figures compiled from public records and published market data. Information is believed reliable but not guaranteed and should be independently verified.
