Tenant-occupied sales require navigating lease survival rules, showing restrictions, and buyer expectations. In New York, existing leases survive a sale - the buyer inherits all tenant rights. Coordinate showings around tenant schedules and provide required notice before entry. Market to investors who understand rental income, or time the sale to align with lease expiration for owner-occupant buyers.
From the seller playbook: Tenant-Occupied Property Sales - Showing Constraints, Lease Survival, and Buyer Adjustments
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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