There is 1 unit in 135 ocean parkway, that is a convertible 2. I can set up an appointment if you are interested in seeing it.
I have 4 two bedroom listings in the Kensington area and 5 in Windsor Terrace.
Licensed Real Estate Salesperson
Halstead Brooklyn, LLC
495 Atlantic Avenue I Brooklyn NY 11217
13 tenants out of 110, depending on how delinquent and why; does not seem too bad.
By delinquent is it that some are just always late, so always a month in areas? or are they 3 or more months in arrears? Are they senior citizens on fixed incomes with no bank loans?
In a co-op the monthly maintenance is superior to the Bank Loan any individual owner has on their co-op so if it gets really bad the management can send the bill to the Bank that has the co-op loan. Obviously a co-op does not want to do that just for a few months maintenance that they can see will get paid once the individual has resolved their individual short term problem, because it could send them into foreclosure, but if that does happen the building will get paid by the Bank.
If all the rest of the financials look good as you say, it looks like the building can carry a few short term debtors.
I have sat on many boards and managed many co-ops and condos and it is much easier for a co-op to get paid than a condo when individual owners are delinquent with their common charges, because of the superior lien of the co-op maintenance.
All the best,
Kathryn Lilly, Broker
Realty on the Greene, LLC
I have done some work with this Condominium before. What exactly is your price range, expected move in date, and specifications? There are several apartments available that I will be able to show you, however I want to know what your looking for first. My name is Luis, I look forward to speaking with you.
The minimum down payment for a FHA loan is 3.5% of the sales price. Closing costs generally run 4-5% of the loan amount in the 5 boroughs and can be financed by means of a sellers concession. all 1-4 unit residential properties, and condos that are FHA approved are eligible for FHA financing granted the property meets FHA minimum guidelines. Feel free to contact me if you have any detailed questions or for a pre-approval at 347-903-5626 or email at firstname.lastname@example.org
Home Savings of America... more
How much do you want to spend? Call me.
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com... more
Living now in southeast FL, formerly a resident and licensed New York State broker, the usual has been 1% of the asking price. Due to the strength of the Bar Association in NY and because a realtor cannot handle contracts in NYS, as a resident you must have an attorney handle your real estate transaction for the most legal protection. What's most important is that you engage him/her at the beginning..don't wait just to ask for their appearance at the closing table...not needed when all you do is sign your name. Without their help from the very beginning, i.e, before you agree to sign a contract to buy, they cannot represent you well on just closing day. If they charged 1.5%, it would be worth every penny!... more
In NY, buyer's agents are not as common as they are elsewhere. That is because your realtor does not prepare or negotiate a contract, we leave that up to lawyers. If you see a listing, or want to visit an open house, you do not have to go in with your own agent. Listing agents hate doing open houses where people come in an say, "By the way, I'm already working with so-and-so." That means that they have to split their commission, and who would want to do that if they don't have to.... more
Heather, what you really want is someone who is smart and honest and really looking out for your interests. With buyer brokerage, the agent is supposed to treat the sale as if they were buying the home/property themselves. I am a certified buyer representative but am a member of the Long Island Board of Realtors. There are homes listed in Brooklyn on MLSLI but Brooklyn has a separate multiple listing service and I might not be the best person to be able to show you all the listings in the areas you want. I would be pleased to speak with you and help if I can. Good luck! P.S. - there are also a lot of short sales out there. You might not want to go strictly for REO's - they're usually in really bad shape.
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
Attorney fees vary for every type of transaction that you hire them for. I would suggest consulting a reputable lawyer and asking him about the fees concerning the specific scope and circumstance surrounding what you're looking to do.
One such lawyer that I know of is Michael Reinhardt, Esq. He's a great Brooklyn Attorney that many people I know have used for their clients (including myself). Feel free to give him a call at 718-377-7798. Don't be afraid to tell him that I sent you!... more