Couple suggestions on how to narrow down your selection - you should write down all your important criteria and prioritize them. After determining your budget, what things are the most important to you about your new place, starting from more general to more specific. Are you looking for a specific neighborhood, proximity to subway or to a certain train line? Do you mind walking several avenues from the subway on your way home (takes about 5min to walk through one Ave and about 1 Min through 1 street) or you want to walk every day to exercise; what is a walk score from the closest grocery shopping, etc. - for example, if you do not want to walk more than 2 blocks from the subway on the East side - you do not look past 300s building numbers.
Do you have a cap on you future monthly expenses? Do you prefer pre-war or post war buildings? Pre-war buildings have higher ceiling and some fancy details that some people want and some do not care about. Are you looking for a building with a gym, roofdeck, any other specific amenities? Full time, part time doorman, or no doorman at all? Are coops ok or you got to have a condo? Do you mind a walk up building?
Are you looking for a pet friendly building - that will really narrow down your list.
Are you looking to finance not less than 80% or you can go to 70% - different buildings have different financing requirements and some are only for cash investors.
There are some other criteria that would take you or your broker more efforts to to investigate. Such as views from the apartment, level of light, specific layout requirements (like an open kitchen or walk in closets, or a dining alcove). Some people care about having lots of light in all the rooms and some would trade it off for something else, like a larger size or lower maintenance...
Some people are only looking for a recent renovation and some prefer doing their own renovation....
You really have to dig into things that are very important to you personally about your new place and are must have and what things are complimentary and you don't mind missing them.
We, brokers usually ask our clients to write down about 10 such criteria on a piece of paper and ask them to notify us when any of such criteria or their priorities change.
Good luck with your search and have fun !
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If you can not afford to live in Manhattan, there are many good options that are about a third less in price than the same space in Manhattan. and a reasonable commute to the city, if that is where you are working or attending school..
Determine your logistical/commuting needs, and find a great neighborhood along the A , E or one of the other express trains. There are many options here, . but the first question that most people have these days is if they even have the option to live in Manhattan. below 96th street. More people are considering Washington Heights/Inwood , for this reason , as the apartments are spacious, and affordable.
There are also some great neighborhoods in Queens, that are very affordable, as Brooklyn has become pricey in the last few years. I hope this is useful information, and wish you the best,
Since this is one of the biggest investment, you should consult with a specialist.
Aside from being the key element in real estate, its broader meaning is - Where do you want to live that fits your LIFE better. Ask yourself what life you imaging and a location or two will emerge. Then it may be worth to see what your budget buys you in the neighborhoods you want to be in - then the rest of the puzzle pieces will fall into place and a picture of what you should look for will emerge.
It is very simple.
You call a Real Estate Professional and he/she helps you thru that process.
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