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Updated over 7 years ago,

User Stats

61
Posts
15
Votes
Achi Adamit
  • Residential Real Estate Broker
  • Teaneck, NJ
15
Votes |
61
Posts

Mgmt Fee for retail strip in Manhattan?

Achi Adamit
  • Residential Real Estate Broker
  • Teaneck, NJ
Posted

Hi there!

I have an opportunity to manage a 5 store retail strip in Manhattan, New York.  What is a reasonable management fee I should charge them?

I'm aware there are variables but assuming A-Z management and a percentage of gross...what would be a range I can charge?

TIA!

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