How to analyze properties from a listing

[Vincent Fiorilli]

Hi All,

I am beginning to research commercial multi families to invest in in NYC. I am wondering how much information you can garner from the listings (I have been using LoopNet) and at what point do you inquire further and what is the next step?

How can I ensure what the rent rates are and how profitable the building really is? When looking at properties for sale are you also looking for local rents on a different site to get a feel for the area market (which sites)? What are the best initial calculations to run and how do you know when to investigate further?

Looking for some general know how. Thanks for any respo;nses!