Industrial & Commercial Real Estate

Celebrating 40 Years of Service in the Five Boroughs

The Bronx Queens Brooklyn Everywhere Else View All Listings
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A full service industrial / commercial real estate brokerage founded in 1977, our organization has established itself as a market leader in the greater NYC area, with a reputation for success, loyalty and trust.

As a boutique family firm, we have the flexibility to navigate complex transactions of any size, across multiple territories and asset classes, while maintaining a cooperative culture with our competition, and providing constructive feedback to our clients.

We have been consistently recognized for our competence and expertise, and we pride ourselves on our ability to provide an exceptional service.

We offer multiple services relating to the selling and leasing of industrial, commercial, development and investment properties in the Tri-State area.

    Buyer / Tenant

  • Customized Inventory Search
  • Up-to-Date Listing Analysis
  • Off-Market Search Capabilities
  • Comparable Sales / Leasing Analysis
  • Coordination of Additional Professional Services
  • 1031 Exchange Assistance

    Owner / Landlord

  • Selling & Leasing of Commercial Property
  • Detailed Market Analysis
  • High Quality Marketing / Ad Materials
  • Dedicated In-House Design & Technology Staff
  • Customized Marketing Program
  • Regular Detailed Market Reports

    Property Valuation

  • Highest & Best Use Study
  • Data-Driven Sales & Leasing Analysis
  • Comparative Listings Summary
  • Comprehensive Zoning Analysis
  • Financial Underwriting

    Financing Assistance

  • Coordination of Services
  • SBA Financing
  • IDA Tax Benefits
  • City / State Benefits
  • 421 A Tax Abatements

    Property Management

  • Monthly Property Reports
  • Detailed & Accurate Bookkeeping
  • Tenant Mediation
  • Timely Rent Collection

    Consulting

  • Expert Property Disposition
  • Vast Professional Network
  • Creative Marketing Solutions
  • Expansive Knowlegebase / Historical Data
Standardized Operating Procedures

With over 40 years of EXPERIENCE, we continue to be an outstanding source for the successful brokerage, management and development of both large and small projects, helping our family of customers and clients attain their highest goals.

179 Morgan Ave, Brooklyn

13,100 sf Warehouse; Leased to HG Stones

58-38 Page Pl, Maspeth

93,000 sf Industrial Building With Land; Sold

10101 Avenue D, Brooklyn

925,411 sf Industrial Portfolio Sale; Sold to Centerpoint Properties

84-00 73rd Avenue, Queens

73,000 sf Queens Industrial With Parking; Leased to City Lumber

44-12 57th Ave, Maspeth

133,729 sf Industrial Land; Leased to FedEx

58-38 47th St, Maspeth

90,000 sf Plot of Land; Sold & Subsequently Leased to Amazon

1500 Bassett Ave, Bronx

366,375 sf Warehouse On 9 Acre Plot; Leased to Amazon

134-154 Morgan Ave, Brooklyn

254,600 sf Industrial Park; Sold to Terreno Realty Group

1 Railroad Pl, Maspeth

101,237 sf Cross-Dock Terminal; Sold & Subsequently Leased to Amazon

214-70 Jamaica Ave, Jamaica

14,000 sf Retail; Leased to Novo Dialysis

3046 Northern Blvd, LIC

12,000 sf Community; Leased to Davita Dialysis

8000 Cooper Ave, Glendale

9,392 sf Retail; Leased to Goldfish Swim School

27-35 Jackson Ave, LIC

13,000 sf Retail; Leased to multiple retail tenants

23-20 Jackson Ave, LIC

50,000 sf Development Site; 99-year Ground Lease, Jackson Square

16-37 George St, Ridgewood

5,000 sf Industrial; Sold to User/Investor

48-85 Maspeth Ave, Maspeth

32,000 sf Warehouse; Sold to User/Investor

5700 49th Pl, Maspeth

80,000 sf Warehouse; Sold to Investor/Developer

65-45 Otto Rd, Glendale

20,000 sf Industrial; Leased as Conversion to Retro Fitness

47-19 Northern Blvd, LIC

1,500 sf Retail; Leased Long-term to Popeyes Restaurant

52-01 29th St, LIC

12,000 sf Warehouse; Leased to National Tenant

309-319 Starr St, Brooklyn

11,000 sf Industrial; Sold as Retail Conversion

1231 Lafayette Ave, Bronx

150,000 sf Office; Leased to City of NY

212 Drake Ave, Bronx

32,000 sf Industrial Land; Leased to National Equipment Rental Company

30-02 Borden Ave, LIC

100,000 sf 2-Story Industrial; Sold to Development Company

10-28 46th Ave, LIC

5,000 sf Industrial; Leased to Craft Brewery

46-81 Metropolitan Ave, Maspeth

1031 Sale/Leaseback; 195,000 sf Industrial Land Site

55-01 2nd St, LIC

45,000 sf Warehouse; Leased to City Harvest

13-17 Laight St, Tribeca

80,000 sf Commercial Loft; Sold to Investment Group

22-22 Jackson Ave, LIC

155,000 sf Residential Development; Sold for Rental Apartments

95 McKinley Ave, Brooklyn

5,000 sf Warehouse; Sold to Investor

58-77 57th St, Maspeth

25,000 sf Industrial Space; Leased to Commercial Printing Company

11-15 46th Ave, LIC

50,000 sf Residential Development; Sold for Rental Apartments

1-37 12th St, Brooklyn

15,000 sf 3rd Floor Retail; Leased to Retro Fitness

140 Stewart Ave, Brooklyn

160,000 sf Industrial Parcel; Sold to Nightclub Operator

5-33 48th Ave, LIC

41,000 sf Industrial Loft; Sold as Residential Conversion

280 Johnson Ave, Brooklyn

6,000 sf Flex Space; Leased to Advertising Agency

230 Green St, Brooklyn

5,000 sf Warehouse; Highest PSF Price in 2018

43-01 21st St, LIC

100,000 sf Industrial Loft; Sold to Queens Developer

10300 Foster Ave, Brooklyn

142,000 sf Industrial; Leased to City of NY, HRA

65-55 Traffic Ave, Ridgewood

21,000 sf Warehouse; Leased to Recycler

46-06 11th Street, LIC

12,000 sf Industrial; Leased to Classical Art School

381 Troutman St, Brooklyn

5,000 sf Industrial; Leased Long-Term to Craft Brewery

365 Ten Eyck St, Brooklyn

20,000 sf Commissary; Leased to Online Mealkit Distributor

321 Starr St, Brooklyn

23,250 sf Industrial; Sold for Retail Conversion

10 Woodward Ave, Ridgewood

27,000 sf Warehouse; Leased to Fresh Produce Supplier

30-30 Review Ave, LIC

30,000 sf Warehouse; Leased to National Wine Distributor

269 Randolph St, Brooklyn

29,000 sf Warehouse; Leased to High-End Art Storage

33 Williams Pl, Brooklyn

32,000 sf Industrial Building; Leased to MTA

48-18 Van Dam St, LIC

55,000 sf 2-Story Industrial; Sold to Union

178 Snediker Ave, Brooklyn

80,000 sf Industrial Site; 20-Year Lease to Recycling Operation

1260 Zerega Ave, Bronx

96,000 sf Warehouse; Sold for Self Storage Development

43-01 22nd St, LIC

180,000 sf Industrial Loft; Sold for Office Conversion

9 29th St, Brooklyn

80,000 sf Warehouse; Long-term Sublease to Fresh Direct

2417 3rd Ave, Bronx

150,000 sf Industrial Loft; Sold for Office Conversion - The Bruckner Building

95 Evergreen St, Brooklyn

150,000 sf Office Space; Leased to City of NY

2505 Bruckner Blvd, Bronx

19 Acre Industrial Site; Sold to Retail Developer

212 Wolcott St, Brooklyn

11 Acre Industrial Assemblage; Sold to Developer and NNN leased to UPS

Executive Team

Paul J Yuras

Partner

Mathew Diana

Partner

Ranee Jaber

Partner

Brokerage

Warren Baymond

Salesperson

Justin Butts

Salesperson

Greg Kehl

Salesperson

Jean Liu

Associate Broker

Kris Jimenez

Associate Broker

Paul Cianciaruso

Salesperson / Director of IT & Marketing

Abhiram Sunkavalli

Salesperson

Nikita Sigelakis

Salesperson

Michael Makris

Salesperson

Peter Derbar

Associate Broker

George Sirras

Associate Broker

Zion Segev

Salesperson

George Chen

Salesperson

Jack Disbrow

Rein Mäekask

Salesperson

Michael Russo

Salesperson

Michael Marra

Salesperson

Marketing & Information Technology

Aidrich D Frazier

Web Developer

Paul Cianciaruso

Salesperson / Director of IT & Marketing

Administrative Staff

Fran Yuras

Office Manager

Claudette Desplanches

Administrative Assistant

Malina Lewis Butts

Administrative Assistant

Marie F DeFelice

Administrative Assistant

Maureen E Battaglia

Administrative Assistant

Past Executives

Gary Diana

President 2003 - 2016

Richard Diana

Founder

General Inquiries

DY Realty Group
36-36 33rd St
Suite 503
Long Island City, NY 11106
(718) 937-1476 fax

Paul J Yuras, Partner

Paul J. Yuras began his career in 1978. Mr. Yuras is a Vietnam Veteran who returned from service to graduate from St. Francis College in Brooklyn, NY, earning a Bachelor's Degree in Accounting & Business. Working for many years in the field of Accounting & Taxation gives him the ability to provide strong financial analysis.

With over 38 years of experience, extensively in the industrial and commercial real estate markets, Mr. Yuras has completed millions of square feet of sale & lease transactions for hundreds of companies.

In addition, Mr. Yuras & his company have worked together with Cushman & Wakefield, serving as a sub-contractor providing real estate tenant representation services for the NYC Department of Citywide Administration Services. Mr. Yuras personally negotiated for, consulted with, and successfully completed over a million square feet of relocation & lease renewal transactions for numerous New York City agencies during the period of 1995 through 2003, and once again, in the same capacity, from 2009 to 2016.

As a Principal of DY Realty Services, he is proud of the high quality and professional service offered by himself and by DY Realty Services as a whole.

Mathew Diana, Partner

Mathew Diana grew up on Long Island and has been a New Yorker his entire life.  After attending college at the State University at New Paltz, he began a career in real estate at Rennert-Diana & Co., Inc. founded by his father Richard Diana.

Over the past 25 years, Mr. Diana has completed numerous sale and lease transactions in all boroughs.  He also has extensive experience with construction, construction management and building maintenance.

Ranee Jaber, Partner

Ranee Jaber earned his Bachelor's Degree as an undergraduate at Johns Hopkins University, and his Master's Degree from Pace University in New York. Since joining DY Realty in 2007, Ranee has been involved in over $300,000,000.00 worth of commercial real estate transactions, and is constantly innovating and establishing new lines of business within the industry, with a particular focus on digital technology. Having worked with companies both large and small, Ranee can quickly identify the key requirements of any organization in order to provide prices and professional service.

Warren Baymond, Salesperson

Warren Baymond joined DY Realty Services in 1988 after a career at IBM as a Field Engineer and Services Director. He has 18 years of experience in all areas of commercial real estate leasing and sales. He has a strong track record of advising buyers, sellers, tenants, owners and investors to successful negotiate the acquisition, disposition and leasing of their properties. Understanding customer requirements and locating properties that help them achieve their business objectives has been the top priority. Warren has worked closely with city and state agencies and not-for-profit companies to achieve their objective of delivering valuable services to their clients and communities.

He has represented the New York City Health & Hospitals Corporation, the New York State Dormitory Authority, and been a member of the Department of Citywide Administrative Services Tenant Representation Team since 2011.

Warren studied Electrical Engineering at Howard University in Washington, DC and graduated from Case Western University in Cleveland, Ohio with a Master in Business Administration.

Justin Butts, Salesperson

Justin Butts was born and raised in Sag Harbor, NY and earned his degree in International Business from Eckerd College in Florida.  Fluent in English and German, he spent 3 years in Germany working for an international shipping and logistics company.  When he returned to New York, Justin took up residence on Manhattan’s Upper West Side and began his career in industrial and commercial real estate.  Since 2000, he has been instrumental in closing hundreds of sale and lease deals throughout the 5 boroughs.

Jean Liu, Associate Broker

Originally from China, Jean Liu now calls Westbury, NY home.  With a BA in English and a Master’s in Education, she has been involved in industrial and commercial real estate for many years.  Adept in the Chinese and English languages, Jean has facilitated countless lease and sale transactions in the industrial, development and retail sectors.

Kris Jimenez, Associate Broker

A graduate of the New York City College of Technology, Kris Jimenez is a Queens native. After a decade long career as a NYC paramedic, he decided to build a more satisfying career in industrial and commercial real estate. Kris has focused on assisting Outer-borough specific clients with their industrial, office, creative space and retail needs.

Since joining DY Realty in 2011, he has demonstrated his negotiating abilities by leasing spaces as small as 2,500 square feet to selling 100,000+ square feet industrial sites.  

He is fluent in both English and Spanish.

Paul Cianciaruso, Salesperson / Director of IT & Marketing

Paul Cianciaruso, Director of Information Technology & Marketing, was born and raised in Queens, NY and graduated from CUNY Queens College with a Bachelor of Arts degree in Marketing, Communications & Media Studies. He spent 10 years working in the advertising and marketing sector before joining DY Realty Services in 2015. His primary duty is to translate DY Realty's vision into clear, concise marketing materials and design elements. Currently residing in Bellerose, Queens, Paul also has a hand in DY Realty's SEO, User Support, Geographical Imaging and Data Design. He received his New York State salesperson license in early 2018 and uses his strong knowledge of technology to contribute to the identification and marketing of properties throughout the boroughs.

Abhiram Sunkavalli, Salesperson

Abhiram joined the DY team in 2017. Prior to DY, he was a senior associate at Triangle Equities. Before that, he was VP of acquisitions at Cayuga Capital Management (CCM), in this role he was responsible for sourcing, underwriting and transaction execution of multi-family, retail, office and hospitality investments.

Abhiram was involved in the acquisition and development of over $500 million in real estate assets primarily in the North Brooklyn sub-market.

Michael Makris, Salesperson

Michael Makris was born and raised in Garden City, NY. After graduating from Towson University in 2011, Michael spent eight years in the media industry with key positions at companies like the NBA, Showtime and CBS. Beginning as a Marketing Account Executive, Michael rose to the position of Assistant Director and eventually Executive Producer.  Having joined DY Realty Group in 2019, Michael has immersed himself and quickly learned the NYC outer-borough commercial real estate market.  With a focus on industrial real estate and development in Brooklyn and Queens, Michael has also negotiated and closed deals in the office and retail markets.

 

**Michael is fluent in English and Greek.**

Zion Segev, Salesperson

Zion grew up in Israel and moved to New York City 25 years ago.  He has worked as a computer programmer and as an entrepreneur in several successful businesses before joining DY Realty.

Over the past decade, Mr. Segev has completed numerous sale and lease transactions in all boroughs.  He also has extensive experience with construction, construction management and building maintenance.

Aidrich D Frazier, Web Developer

Aidrich has been developing web-based database and reporting systems since 2000 and joined the DY team in 2003. In his tenure with the company, he has created one of the most comprehensive web-based Customer, Listing and Marketing management systems in the business. Though he returned to his hometown of Wichita, Kansas in 2014, Aidrich remains a committed part of the DY family.

Paul Cianciaruso, Salesperson / Director of IT & Marketing

Paul Cianciaruso, Director of Information Technology & Marketing, was born and raised in Queens, NY and graduated from CUNY Queens College with a Bachelor of Arts degree in Marketing, Communications & Media Studies. He spent 10 years working in the advertising and marketing sector before joining DY Realty Services in 2015. His primary duty is to translate DY Realty's vision into clear, concise marketing materials and design elements. Currently residing in Bellerose, Queens, Paul also has a hand in DY Realty's SEO, User Support, Geographical Imaging and Data Design. He received his New York State salesperson license in early 2018 and uses his strong knowledge of technology to contribute to the identification and marketing of properties throughout the boroughs.

Gary Diana, President 2003 - 2016

Gary graduated from Hofstra University with a degree in Economics. He began his career in commercial real estate industry in 1979 at Rennert-Diana & Co, Inc, the firm founded by his father, Richard Diana. Over his career, Mr. Diana has completed millions of square feet in transactions with a focus on the four outer boroughs of New York City.

In the past he served as President of the University's Alumni Organization and was a current member of its nomination recognition committee. He was an active member of several national and international groups that focus on education and cultural renewal for indigenous people throughout North America and South America. Gary worked to build schools in the Amazon and participation on building projects in South Dakota to improve the lives of Native American people living on reservations.

Sadly, after a brief, hard battle with pancreatic cancer, Gary passed away a little after midnight on August 23, 2016.