Home Buying in Brooklyn>Question Details

Patrick Momp…, Home Buyer in 11210

what is the average maintenence fee for a 2 bedroom condo in brooklyn, and would it be better to buy a house close to the same price?

Asked by Patrick Mompoint, 11210 Sat Oct 3, 2009

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Hello, I can vaguely answer your question because you didn't mention any specific areas. But as a co-op specialist here in Brooklyn the average maintenance for areas like East Flatbush, Old Mill Basin, Flatbush and Crown Heights range from $650 to $780 or so. The maintenance is in this price range because sometimes it depends on the floor it's on and the square footage of the unit.

The maintenance includes your gas, water, heat and property taxes. It is also tax deductible and you can apply for the STAR Program which reduces your maintenance and there is no income requirement.

I can guarantee you that it is much cheapter to buy a two bedroom co-op than a house in Brooklyn. If you haven't noticed the prices on homes in the low $300's are scarce and may not be in the best neighborhoods.

I have many two bedroom co-ops that you can get for as low as $160,000 to $200,000. Visit my website at:
http://www.KandHhomes.com and take a look. Give me a call if you have any co-op requirement questions or you have interest in one of the co-ops.

Rhonda Holt
Full Time Top Sales Agent
Specializing In Co-ops and Home Sales
Weichert Realtors, H.P Greenfield
1712 Utica Avenue, Brooklyn, NY 11234
Email: HelpMeRhonda1919@yahoo.com
Twitter Me At: http://www.Twitter.com/HelpMeRhonda09
Web Reference: http://www.KandHhomes.com
0 votes Thank Flag Link Fri Oct 9, 2009
Maintenance fees can vary greatly depending upon age of the condo, number of units, amenities offered, etc. Whether to buy a house or a condo is more up to your individual lifestyle and taste than whether it's "better" to buy one over the other. If you get a house or condo and stay there at least 5 years, it will be a worthwhile investment either way. With a condo and maintenance fees, you don't have to worry about maintaining the grounds around your unit - cutting grass, raking leaves, snow removal, etc., but you have less privacy. In a house, you take care of everything yourself but the obviously your privacy is a little better. If you're seriously looking and are not currently working with an agent, I would like to speak with you.

Ralph Windschuh
Certified Buyer Representative
Associate Broker
Century 21 Princeton Properties
631-467-0009
rwindschuh@c21princetonproperties.com
0 votes Thank Flag Link Sun Oct 4, 2009
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