Market Conditions in New York : Questions & Answers

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Steven Riddle, Real Estate Pro in 10023
Steven Riddle answered:
What is the average sales price vs listing price in Manhattan to date in 2014?
Hiya Gabi,
You are setting out bait? I have increases PPF going up 14% YOY. Looking in your book, So do you!
0 votes Share Flag Thu Feb 26, 2015 Market Conditions in New York
Steven Riddle, Real Estate Pro in 10023
Steven Riddle answered:
Please let me know about this home
This is my associates listing. How may I be of help?
You may contact me by clicking on my picture, Ill try to answer your questions in a more private fashion
0 votes Share Flag Thu Feb 26, 2015 Market Conditions in Chelsea
Steven Riddle, Real Estate Pro in 10023
Steven Riddle answered:
Can I ask is the Baccarat building loacted in Midtown Center is it in a safe neighborhood? Is it one of the better buildings to purchase in the area?
The Baccarat building is a Marvelous building! Marvelous for some, Ok for others.
It really depends on how you wish to utilize the Hotel Owner model.
Situated opposite the Museum of M ... more
0 votes Share Flag Thu Feb 26, 2015 Market Conditions in Midtown Center
Samir Mahadin, Real Estate Pro in New York, NY
Samir Mahadin answered:
Hello. Is $750 per square foot too much to pay for Lenox Ave between 125 - 120 streets?
As a local Real Estate Broker I can tell you that it depends on whether it is a condo or coop and what condition it is in. For a condo in good condition it is an excellent price. For a ... more
0 votes Share Flag Mon Feb 9, 2015 Market Conditions in Harlem
Samir Mahadin, Real Estate Pro in New York, NY
Samir Mahadin answered:
Also, what is a TCO?
A TCO is a Temporary Certificate of Occupancy, which allows a building to be occupied, but will need eventually to be replaced by the official C of O (Certificate of Occupancy.
0 votes Share Flag Mon Feb 9, 2015 Market Conditions in Harlem
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
how is sq. foot price determined by yhe property or the interior
Be mindful that square footage costs do vary and don't account for exact location and other considerations, therefore it's in your best interest to also review recently sold similar pro ... more
0 votes Share Flag Mon Jan 26, 2015 Market Conditions in East Harlem
Brian Walsh…, Real Estate Pro in South of Broad, Char...
Brian Walsh Buyer's Agent answered:
Why have prices depreciated for apartments in Tudor City?
SO many things can affect an area, market, or just a particular building. It is wise to contact a local agent for their professional advise on the matter. They will be happy to help.

... more
0 votes Share Flag Fri Jan 2, 2015 Market Conditions in Tudor City
Gerald Vonbe…, Home Buyer in Jackson Springs, NC
Gerald Vonberger answered:
How do I find out the market value for my apartment?
A good place to start looking at the value of your apartment is looking at the price of similar apartments in the same area with very similar renovations and amenities. You can at least ... more
0 votes Share Flag Tue Nov 25, 2014 Market Conditions in 10036
Cosmin Bita, Real Estate Pro in 10003
Cosmin Bita answered:
when looking in the gramercy park location what are the better deals? For example: coops or condo? I am confused with the maint fee? thanks
The complete answer for this would exceed the number of characters allowed by Trulia. In a nutshell: co-ops are about 35% less expensive than condos but they are much more restrictive a ... more
1 vote Share Flag Sat Oct 18, 2014 Market Conditions in Gramercy Park
Donna Rietbe…, Home Buyer in New York, NY
Donna Rietbergen asked:
No elevator? What about handicapped? This question was asked from http://www.trulia.com/property/3135278235-48-E-81st-St-New-York-NY-10028?ecampaign=con_day_propertycomp_bk&eurl=www.trulia.com%2Fproperty%2F3135278235-48-E-…
0 votes Share Flag Fri Sep 19, 2014 Market Conditions in Upper East Side
Michael Druc…, Real Estate Pro in 10022
Michael Druckman answered:
Can I wait till Fall to sell?
Rates will always fluctuate. More importantly, don't miss a property you want.
1 vote Share Flag Tue Sep 16, 2014 Market Conditions in 10022
Michael Druc…, Real Estate Pro in 10022
Michael Druckman answered:
Will the second avenue subway affect prices on the Upper East?
The market is always moving.
0 votes Share Flag Tue Sep 16, 2014 Market Conditions in 10022
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
How will the Deblasio Administration change the real estate status quo or is he fighting a losing battle?
Many in real estate have worried he would put a clamp on development in the Big Apple. Here's how the major NYC papers feel about it; http://therealdeal.com/issues_articles/city-papers- ... more
0 votes Share Flag Sun Sep 7, 2014 Market Conditions in New York
Lorna Leibow…, Real Estate Pro in New York, NY
Lorna Leibowitz answered:
Housing price in Sutton seems to be declining YY. Is this a dead-end place?
Not true. My recent sale of Apt 9J at 25 Sutton Place South broke price records for a two-bedroom in the building. Of course a view of the river gets a high premium and he condition of ... more
0 votes Share Flag Fri Aug 22, 2014 Market Conditions in Sutton Place
arisoszel, Home Buyer in New York, NY
arisoszel answered:
Grand Central Station
Loves be in NY WESTSIDE Crossover.
0 votes Share Flag Tue Aug 19, 2014 Market Conditions in Chelsea
mhawkins, Real Estate Pro in New York, NY
mhawkins answered:
1. how many townhouses are there in total on the upper west side? 2.how many townhouses are on the market on the upper west side?
Hello,

My guess would be thousands as the upper west side has really been developed over the past few years. I checked out streeteasy.com and found about 700 townhouses for sale cur ... more
0 votes Share Flag Tue Aug 12, 2014 Market Conditions in Upper West Side
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
where is the nearest grocery store?
You can use walkscore.com to find out how close any property is to local amenities.

Chris
0 votes Share Flag Tue Jul 29, 2014 Market Conditions in Upper East Side
Andy Feiwel, Real Estate Pro in 10004
Andy Feiwel answered:
I haven't been in NY for many years, and I would like to ask has lots of changes happened throughout NY in the past 5-7 years?
One thing you can always count on in NYC is change. Your 5-7 years ago coincides with the 2008 financial crisis that has led to the current market. Back then new development came to a ... more
0 votes Share Flag Thu Jul 24, 2014 Market Conditions in Upper East Side
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