David Kazemi

David Kazemi

Licensed Real Estate Salesperson

- Bond Salesperson of the Year in 2007, 2008 and 2010
- 2009, 2011, 2012, 2013, 2014 Platinum Sales Club
- Over $100 Million Sold and Rented

David Kazemi is Bond New York’s longest-tenured broker, having joined in 2002, not long after the firm’s inception. He is city savvy and has a keen eye for spotting deals across New York City’s many neighborhoods, enabling his clients to take advantage of emerging market trends. He has more than 120 sales to his credit, primarily condos in the markets of Greenpoint and Williamsburg, where the depth of his contacts and expertise has him fielding regular calls from developers and investors.

Though David specializes in Brooklyn properties, he also devotes his attention to Manhattan and welcomes sales listings for commercial as well as residential properties, regardless of the property's size. His experience is not limited to sales, as he welcomes inquiries related to rentals and leases across New York City's five boroughs. Born and raised in New York, David was graduated from S.U.N.Y-Stony Brook with a dual major in economics and sociology, and started his career in advertising, with the firm of Ogilvy & Mather. He is affable and laid-back and defined by his straightforwardness and responsiveness in communicating with his clients.

November 2014 by Ben Rubin
David Kazemi did a terrific job selling our condo in Greenpoint. He was instrumental in getting the place in stunning condition for online window shopping and by the first open house we had what ended up being our final offer. I''d definitely recommend working with David in the future!

November 2014 by Justin Karr
David Kazemi did a great job. He connected us with a good stager, organized a blockbuster open house and sourced several prospects from personal connections to buyers'' agents. In the end, he got us three bona fide offers above asking. Most importantly, he was fair and transparent in his dealings with us. We never felt like we were being led into something that wasn''t in our interest because it was easier or better for him. I''ve already recommended him to three people. I''ll keep doing so.

June 2014 by Maek Wilson
Dave kazemi is the best agent

March 2014 by Zach Sivan
David Kazemi was very professional and quite amazing setting and getting my apartment rented.

May 2008

June 2007
First, we apologize for sending this so late, but getting settled in our new home has been crazy. We just wanted to write and say thank you for helping us find our new home. You were very patient through all the craziness caused by our unfortunate original choice of lender. Thanks as well for the gift certificate, we''ve bought lots of lovely things for our kitchen table with it.

Thanks again for all your help. We definitely would recommend you to our friends. And let us know if you ever want to eat at PIO PIO, its delicious and steps from us.


Tara & Anwar

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Brick Underground




Brick Underground

Published 11/13/2014 - By Bidding War Strategy #268: The Broker's Love Letter



We recently wrote about bidding war love letters—the notes that potential purchasers write to convince sellers to choose them over rival offers—and included a few real-life examples. But in the course of putting the story together, we noticed that, for some buyers, the broker actually writes the letter, and it works.

A couple of brokers we spoke with insisted that buyers should pen the letter solo, since it's more heartfelt that way. But we also collected a few from situations where a broker's letter won the day, resulting in accepted offers. In our ongoing efforts to demystify the buying process (especially for first-timers), we've included the letters here. These examples follow many of the same guidelines as the buyer-written letters—namely, to have your broker introduce you with relevant details, convince the seller that you're serious about your offer and your love of the home, and strike the right balance between confidence and gushing. 

Thanks to Ari Harkov, a broker at Halstead PropertyHighlyann Krasnow, a broker at MNS Real Estate;  Brandon Bogard, an agent at Douglas Elliman; and David Kazemi, a broker at Bond New York for the letters. 


How to write a buyer's "love letter" (plus 3 real-life examples that won bidding wars)

Instead of "love letters," Park Slope buyers hit neighbors with postcards

How to win a bidding war

Peek in the seller's closets, nix the bathroom stop, and more ways to ace the open house

Brick Underground

Published 04/28/2014 - By Bushwick Townhouse Flippers Aim For Nearly 4 Times What They Paid. Will They Get It?



After a gut reno, this Bushwick townhouse is on the market for almost four times its last sale price.

In a rising real estate market, it can be hard to tell the difference between a fair asking price and dream-on numbers. BrickUnderground periodically examines homes on the market for significantly more than their most recent sales price and, with the help of experts and the number crunchers at real estate listings and property data website Point2 Homes, we try to figure out why--or why not--the asking price is worth it.


Current asking price: $1.2 million 

Previous sale price: $245,000

Difference: $955,000, or +390%

Listing date: April 19, 2014

Previous sale date: Sept. 18, 2013

Days since last sale: Seven months, one day


The developer who bought this three-story, 3,000-square-foot townhouse at 33 Aberdeen Street in Bushwick did a gut renovation--producing a pleasing combo of modern touches (stainless steel appliances, Caesarstone countertops and central HVAC) and historic details (exposed brick, a period staircase, crown moldings and mantels). The Flushing, N.Y.-based developer, Cadillac Homes, also replaced the vinyl siding on the exterior with a slate gray material that seems to be Bushwick’s answer to brownstone. 

The gray exterior notches up the curb appeal (Photo credit: Corcoran)

The townhouse is made up of two apartments: an owner’s duplex on the upper two levels, with three bedrooms, 2.5 bathrooms, a parlor floor with an open plan living area and kitchen, plus a walk-out deck; and a two-bedroom on the lower level that could be rented out. It seems that the home used to have four bedrooms in the duplex and three bedrooms in the rental apartment, according to past listings, so the reno likely resulted in a more spacious feel.

The floor plan (Photo credit: Corcoran)


But do the renovations justify the wild difference in price: $245,000 in September to $1.2 million earlier this month?

“Pricing is based on recent sales and market interest,” explains Adam Sikorski, a broker at the Corcoran Group who is listing 33 Aberdeen with his colleagues, mTkalla Keaton and Aaron Seawood. “Buyers see value in renovated, turnkey properties."

Sikorski makes the case as follows: fixer-uppers in Williamsburg are going for around $600 per square foot; turnkey condition places fetch up to $1,000 a foot. With that in mind, he says, $400 a foot for a turnkey townhouse five or six stops farther out on the L or J train to Bushwick "starts to make a lot of sense.” He says he just sold a smaller three-story, two-family home a couple of blocks away for the same price of $400 a square foot.

An updated kitchen in the owner's duplex (Photo credit: Corcoran)

The market for Bushwick townhouses is "very, very competitive," says David Kazemi, a broker at Bond New York who’s so bullish on the neighborhood that he’s moving there from Greenpoint (his offer on a condo got accepted on Friday).

Only 16 of a comparable size to 33 Aberdeen are on the market, StreetEasy shows.

Some buyers are sniffing around Bushwick because they can no longer afford Williamsburg, where renovated houses now run about $2.3 million to $2.7 million, Kazemi says. “That’s an entirely different stratosphere of housing."

“If you’re price driven—you have a cap on your capital [like] $1.5 million or $2 million—you’re not going to get that in Williamsburg anymore,” he adds. “Why don’t you try Bushwick?"
But by several metrics, the price for this townhouse seems off the charts. 

Looking back at sales from the first three months of this year, the average price of a one- to three-family home was a mere $575,000--less than half the asking price for 33 Aberdeen, according to Jonathan Miller, president of the appraisal firm Miller SamuelThe cheapest was $255,000 and the most expensive was $1.1 million.

"In both cases, it feels like you're an outlier," he says, meaning that both the purchase price and the asking price of 33 Aberdeen are outside the spectrum.

As far as homes on the market right now, the average asking price of a Bushwick townhouse that's 2,500 square feet or larger is $1.19 million, according to StreetEasy. But that includes homes much closer to Manhattan.

One of the newly renovated bathrooms (Photo credit: Corcoran)

Indeed, buyers looking for a hipster hotspot may be sorely disappointed. The townhouse is in the less desirable southeast part of Bushwick, far away--at least for now--from the restaurants, shops and bars popping up closer to Williamsburg. Though the L train stop is about a block away, and the J, Z, A and C trains are a short walk, the house is 12 stops from Manhattan. 

And what about that bargain-basement price of $245,000 that Cadillac Homes paid for the unrenovated towhouse?  The previous owner bought the house for $390,000 in 2004, city property records show. She tried to sell it a couple of times in the intervening years—listing it for $525,000 in 2009 and $450,000 in 2011, according to StreetEasy. But it never sold.

Corcoran's Sikorski says he doesn’t know the circumstances of the eventual sale to Cadillac, but according to PropertyShark data, it looks like it might have been a short sale or a foreclosure: In May, the bank filed a lis pendens, which signals that an owner is behind on mortgage payments. 

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Real Estate Weekly

Published 03/19/2014 - By Domino Sugar Site Part of South Williamsburg's Hip New Status

Domino Sugar site part of South Williamsburg’s hip new status

1:30 PM, MARCH 19, 2014 
By Holly Dutton

South Williamsburg, the area not-quite-as-gentrified as the north side of Williamsburg, may soon see its time come with the recent approval of the re-development of the former Domino Sugar Factory.

The neighborhood, defined by Grand Street to the North, Flushing Avenue to the south, Kent Avenue/the waterfront to the West and the Brooklyn-Queens Expressway to the East.

Luxury buildings like 29 South 3rd Street and Schaeffer Landing have cropped up in the

South Williamsburg

South Williamsburg

past couple years, and condo buildings like the Gretsch are offering apartments at $1,800 psf.

Buildings like the Gretsch at 60 Broadway, which was built in 1916 as a guitar factory and was converted to a condo building in 2003, are drawing buyers to the area with a myriad of luxury offerings.

The Gretsch has 120 units with 12 ft. ceilings and high-end finishes, a full time doorman, roof deck, children’s play room and free bike parking near the entrance.

Unit #10CD, a six bedroom, six bathroom loft at the building is currently on the market for $6.5 million. If it sells at that price, it will be the most expensive apartment ever sold in all of Brooklyn.

The unit is 4,000 s/f and has oversized windows and 13 ft. ceilings and some spectacular views.

The nightlife scene has been attracting a lot of buzz lately. Hot spots like TBA are competing with North Williamsburg/Greenpoint’s current club of the moment Output, on North 11th Street, and art gallery and bar, Glasslands, on Kent Avenue.

Neighborhood legend Peter Luger’s steakhouse, on Broadway and Driggs Avenue, which has been open since 1887, is one of the most popular and revered restaurants, along with newcomer Traif on South 4th Street.

But what about transit?

Just like neighboring Greenpoint, South Williamsburg has prime waterfront real estate with a somewhat lacking system of public transportation — the JMZ line at Broadway and L train at Bedford are often a further walk from some parts of the neighborhood, though the East River Ferry offers a lifeline to those near the southern waterfront.

For those looking to buy in South Williamsburg, there is still time to get a great deal, say local brokers.

Citi Habitats agent Fabrizio Uberti-Bona has lived at The Edge condo building on the Williamsburg waterfront for years, and is also a part owner of a pizzeria in South Williamsburg. He’s seen a “gigantic” change in the last three years in the hip neighborhood.

“Some of the best deals are in South Williamsburg,” he said. “People are being priced out of north Williamsburg and moving to Manhattan, and some people are also moving to East Williamsburg and South Williamsburg.”

Uberti-Bona said some people move to East Williamsburg for its easier transportation options, with the Bedford L train stop at maximum capacity, while cars owners are moving to South Williamsburg, where parking is easier to come by.

The approval of the former Domino Sugar factory redevelopment by Two Trees will be a huge boon for the neighborhood, and the size of the apartments will make a big difference in what kind of buyers will be drawn there, said Uberti-Bona.

“It all depends on how they’ll come on the market and the price range, and I think it’s more about what size apartments they will be offering,” he said. “They’re also talking about putting a school in the building, which would be attractive to families.”

Uberti-Bona, who said he will “most likely” buy at the Domino Sugar site development, has seen a “big demand” for family-size apartments in the area, and cash buyers coming in and snapping them up.

On the rental side, one bedroom apartments in South Williamsburg can still be found for $2,800, said Uberti-Bona, slightly less than the $3,050 median one bedroom price for Williamsburg as whole, according to StreetEasy.

David Kazemi, an agent with BOND New York who lives in Greenpoint and works in the area, has also witnessed the shift to South Williamsburg in the past few years.

“In the beginning, when Williamsburg started becoming a viable neighborhood for buyers, Metropolitan Avenue and Grand Street were kind of the cut-off,” said Kazemi.

“People didn’t want to go down there. And then the gentrification process started happening and now the South side is just as cool, if not cooler than the North side. It still has that edge that people like, and bars and shopping.”

Kazemi noted that retail has picked up along the Broadway corridor — an area under the Williamsburg Bridge, a defining structure in the neighborhood.

A new supermarket, Urban Market, and several new restaurants have opened recently.

New development buildings like 29 South 3rd Street are commanding $1,000 a square foot, a figure that was “unheard of” a few years ago, said Kazemi.

At Schaeffer Landing, on Kent Avenue near the waterfront, where condos are going for between $950,000 and $1.7 million, Kazemi has seen an “exponential” jump in prices.

“The way that Williamsburg and South Williamsburg are going, the Lorimer stop and the Graham stop will become very viable options for people,” he said. “There are more affordable or better deals. Those spots are next — there’s a little more space and less hectic bidding process.

DNAinfo New York

Published 03/19/2014 - By Tight Market Has Buyers Snapping Up Homes Sight Unseen

Tight Market Has Buyers Snapping Up Homes Sight Unseen

By Amy Zimmer on March 19, 2014 7:38am 

The 30-Minute Listing: Buyers Making Swift Purchases in Tight Market View Full Caption


QUEENS — The $599,000 one-bedroom unit in a Long Island City boutique condo had been listed on Streeteasy a mere 30 minutes when Pimmie Hoontrakul offered the full asking price, sight unseen.

Hoontrakul, a banking examiner working in Philadelphia on a temporary assignment at the time, couldn't visit the apartment as soon as it hit the market. But she had been burned before, losing out on three homes including one in the same building, so she didn't want to take a risk.

And it paid off.

"I knew this is what I wanted," Hoontrakul, 32, said. "If I wasn’t aggressive and have my offer in hand, I probably would have lost it."

Many house hunters know that, in today's tight market, they may not have the luxury of time to make a decision. Some — often those who have lost other bidding wars — are submitting offers before visiting and sometimes going above asking prices to try to seal the deal, real estate experts said. 

"I usually think something 20 times over," said Hoontrakul, whose bid was met with initial resistance by the seller's broker because she hadn't seen the space.

The following day Hoontrakul hopped in her car after work with her paperwork already completed, drove three hours in Friday evening traffic, looked at the space for 10 minutes, upped her bid by $15,000 and drove back to Philadelphia.

She got the apartment.

It's long been common for investors to buy apartments without visiting since they don't end up living in the homes they purchase.

Foreign buyers also often send emissaries — frequently a child or relative studying at one of the city's colleges — to take pictures or Skype while doing a walk-through, brokers said. And buyers at new developments often make selections based on floor plans and renderings.

But real estate agents are now seeing a new category of house-hunter getting swept up in the swift pace of the tight market.

"In the Long Island City market, Williamsburg, Greenpoint, or other hot areas in the boroughs, anything in that $600,000 price point — whether it's a one-bedroom or two-bedroom, condo or co-op — just falls off the shelves," said Hoontrakul's broker, David Kazemi of BOND New York.

"There's such a pool of buyers in this price range. It's such an achievable price. It hits a sweet spot."

A similar apartment in the same building on a lower floor hit the market the following week and was quickly snapped up for an even higher price, Kazemi noted.

In Manhattan, that "sweet spot" was between $1 and $2 million, brokers said.

"There are people who spend more time buying shoes," Douglas Elliman's Vickey Barronsaid. She has seen four clients in the past few months put in bids on apartments they either didn't see, or only looked at for a few minutes.

On the flipside, a buyer with "analysis paralysis" may lose out in this market, said Barron, noting that a growing number of house-hunters are now sending friends or brokers to check out apartments if they can't get there fast to make sure that "photos in a listing weren't enhanced."

A client of Barron's recently signed a contract for a pre-war one-bedroom in Gramercy for about $1 million that Barron visited but that the client didn't see until after the deal had been inked. The buyer, who had visited the building when bidding unsuccessfully on another unit, offered $11,000 more than the asking price "as insurance," Barron added.

"I knew she wanted pre-war details, a decent kitchen. She didn't need big city views but didn't want to look at the back of a building," Barron said. "That's when you have to really know your client."

Speedy sales are also happening at the market's high end.

A buyer put down more than $50 million for a five-bedroom penthouse in Chelsea'sWalker Tower, one of the city's fanciest new condos, after a five-minute walk-through, Barron said. Another spent 10 minutes looking at a four-bedroom unit there and buying it for $12.5 million. 

Daniel Hedaya, of Platinum Properties, has worked with several Manhattan buyers who have made bids the same day that homes have hit the market, offering the full asking price or more, he said.

"It's slowly becoming the norm," he said. "It's a symptom of the market conditions. Most well-priced apartments are on or off the market in three weeks or less."

In the fourth quarter of 2013, the average number of days Manhattan apartments were on the market fell 95 days, 46.3 percent down from the year before, according to aDouglas Elliman report.

In Brooklyn, the average number of days on the market fell 27.9 percent to 98 days, and Queens homes tended to be on the market for 103 days, a 5.5 percent drop in time on the market.

While inventory has been rising in calendar year 2014, it is unlikely to make too much of a dent, said real estate expert Jonathan Miller, who authors the Elliman reports.

"It's still a drop in the bucket," he said.

DNAinfo New York

Published 01/29/2014 - By 'Hidden" Apartment Sales Are on the Rise, Brokers Say

'Hidden' Apartment Sales Are on the Rise, Brokers Say

By Amy Zimmer on January 29, 2014 8:12am 

A living room of a home in an India Street building, where a seller recently refused to let broker David Kazemi, of BOND New York, publicly list her property. The seller's apartment sold in nearly two weeks for $573,000. View Full Caption


MANHATTAN — David Kazemi, a real estate agent who specializes in Greenpoint, recently got a call from a woman wanting to sell her one-bedroom, 625-square-foot condo on India Street.

But she didn't want her home listed anywhere. She didn't want to host any open houses. She didn't want photos of her home taken.

Transactions involving "hidden" homes that are never publicly listed — often called "pocket listings" or "off-market deals" — have become more popular in today's notoriously tight housing market, according to brokers.

To match buyers with sellers, brokers have to go “old school” in a market that has increasingly become focused on searching online — and sometimes that’s the very reason sellers want to avoid being listed, brokers say. They may worry about negative impacts of their homes sitting on the market too long — with the number of days clearly broadcast on sites like Streeteasy and Trulia, or they may want privacy.

Brokers, however, sometimes tread a fine line with pocket listings if they’re hoarding the sales for their own gain. Representing the buyer and seller is not only frowned upon by the real estate community but also violates New York's co-brokering rules, which require that a seller’s brokers send the listing to other firms and then split the commission with the buyer’s broker.

"When people hire a broker they want the service: full exposure, professional pictures, the whole 9 yards," said Kazemi, of BOND New York, who told the shy seller that in a "hot" neighborhood such as Greenpoint, the broker could attract 50 people to an open house and spur a bidding war.

But the seller insisted she didn't want people poking through her stuff during open houses, Kazemi explained.

So, he reached out to other clients, his friends and family. He called colleagues at big firms and at small ones around the neighborhood. Roughly two weeks after Kazemi began hunting for a buyer, he found one through a local firm. The condo sold for $573,000.

Off-market deals have long been part of the commercial real estate market. They've also been common in the upper echelon of the city's residential market, where sellers rely on the rolodexes of high-end brokers to quietly market their homes.

Jessica Cohen, of Douglas Elliman, has recently seen more sellers across the board request that their homes not be listed online.

"The market has been so sensitive to something getting stale," she explained. "[Buyers] think if it’s been on the market more than a few weeks it wasn’t priced right or something is wrong. So if your property doesn’t sell quickly, then you’re devaluing your home because people think it’s more negotiable."

While some sellers think a deal on the down low will avoid the risk of their home sitting on the market, on the flip side, by not listing, they might not get as much for their property, Cohen said.

"Usually to get the highest price it behooves them to bring it to market," said Cohen, who knows of about seven potential sellers on the Upper West and Upper East sides who are not interested in listing their homes.

"Our hands are tied in bringing it to market because we can only do what the seller is willing [to do]," she added.

Under New York’s co-brokerage rules, an agent must list a home unless a seller requests the home not be listed, explained real estate attorney Craig L. Price.

But Karen Gastiaburo, of Warburg Realty, said it’s incumbent on a broker to convince a seller that a listing must be shared.

There are ways for brokers to work around sellers’ concerns about privacy, by not disclosing “too much” in a listing, she explained.

If someone is concerned about a home sitting too long on the market, then maybe that seller has "unrealistic numbers in their head” for the sale price, she said.

“In this marketplace right now if it's priced right it will go sooner rather than later and probably go in a month,” Gastiaburo said, adding that if it sits on the market it was likely overpriced from the start.

Yet, when buyers are looking for specific homes that aren’t on the market, brokers will hunt down owners to see if they’re willing to sell, said Rob Anzalone, of Fenwick Keats.

His firm recently brokered such a deal for a $10 million property on the Upper West Side.

“When supply is low people need to be resourceful and look for other ways to tempt people to sell,” he said. "[That was] basically a private sale with a broker. It's old-fashioned investigating, and good brokers do it."

Curbed NY

Published 09/27/2013 - By What $4,100/Month Can Rent You Around New York City

What $4,100/Month Can Rent You Around New York City

Welcome back to Curbed Comparisons, a column that explores what one can rent for a set dollar amount in various New York City neighborhoods. Is one man's studio another man's townhouse? Let's find out! Today's price:$4,100/month.

↑ Two floors (one of which appears to be the basement) in a renovatedGreenpoint house contains two beds, two baths, 1,500 square feet, and a private terrace for $4,000/month. Oh yeah, and there's a private pool. It's pretty hard to argue with a private pool. Regardless of how the voting plays out, we're just going to go ahead and declare this one the winner up front.

↑ In the Financial District, this spacious 2BR/2BA can be converted to a less spacious 3BR/2BA. It's new and shiny and looks like it gets pretty good light. The building, being a luxury rental building in FiDi, has plenty of amenities. The apartment is asking $4,195/month.

↑ This spacious, light-filled 2BR/2BA in Carroll Gardens is asking$4,200/month. It has nice-looking floors, a lot of exposed brick, and a amply-sized kitchen.

↑ This 2BR/2BA duplex in Greenwich Village is three blocks south of Union Square and has a lot of exposed brick. Unfortunately, it's all covered in a salmon shade of paint that's really making us crave lox. $4,100/month.

↑ On the Upper West Side, a renovated 3BR/1BA is going for $3,995/month. Everything is all new and there are a bunch of closets.

↑ A 2BR/2BA in Downtown Brooklyn's The Toren is available for$4,000/month or $4,395/month furnished. It has a ton of amenities, including a gym, concierge, recreation facilities, and pool. Not a private pool, though.

Which place would you pick?
Carroll Gardens
Greenwich Village
Upper West Side
Downtown Brooklyn

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