Gail, the records are not available. My concern in regard to the cesspool is that it can potentially pose a safety hazard if not properly maintained. My home inspector indicated that we'll likely have to replace the cesspool because it is at risk of collapsing over time.
We're going to have a specialist inspect it and make our decision pending the results.
The only concern you should have , is if there is more than 50% of the building being occupied by tennants.You will have a hard time finding a lender to finance the transaction which is the reason now most buildings are limitimg subletting.... more
If you are buying a home or a condo in the 5 boroughs for $425k your total closing costs will be between 3 and 4% of your total purchase price. To get the best estimate you should contact a loan officer.... more
You will be required to provide 2 months bank statements from the day you make application or sign an agreement of sale with a realtor whichever is earlier. Hope that helps. If you have anymore questions I would be happy to help.... more
The total unit is 556 Sq. Ft. and therefore the bedroom may be very small or there may be only one main studio room. You can contact: http://christiepropertygroup.com for more info.
Good Luck!!!!!!!!... more