Home Buying in Washington Heights : Questions & Answers

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Kathy Burgre…, Home Owner in Westchester, NY
Kathy Burgreen answered:
I'm looking for a studio/1 bedroom in Washington Heights for under $1500 a month (including brokers fees)
Broker fees are paid upfront - you cannot include it as part of the $1500./month rent. The only way around it is find an apartment for $1400./month & the extra $100. You reimburse your ... more
0 votes Share Flag Sat Aug 8, 2015 Home Buying in Washington Heights
Tracee Willi…, Real Estate Pro in New York, NY
Tracee Williams answered:
How do I find out what the AMI is for a specific neighborhood?
Hi Anne,

Ami for New York City for 2014 was $78,100. However, you will need to check with the listing agent to see what the exact numbers are for the coop.

Please feel free to giv ... more
0 votes Share Flag Sun May 10, 2015 Home Buying in Washington Heights
Jennifer, Home Buyer in Brooklyn, NY
Jennifer answered:
What are the comps for a two bedroom condo in a non new building in Washington Heights?
Start by going to realtor.com and selecting "Recently sold."
0 votes Share Flag Thu Jul 17, 2014 Home Buying in Washington Heights
Christopher…, Real Estate Pro in Westchester, NY
Christopher Pagli - ABR, GREEN answered:
I want two bedroom condominium comps in Washington heights
Streeteasy.com will be your best bet.

Chris
0 votes Share Flag Mon Jul 14, 2014 Home Buying in Washington Heights
Jenet Levy, Real Estate Pro in New York, NY
Jenet Levy answered:
What is a coop?
Hi, Madeleine.

When you own a co-op, you own shares in the corporation that owns the building. Those shares entitle you to a proprietary lease which allows you to occupy the apartme ... more
0 votes Share Flag Sat Apr 27, 2013 Home Buying in Washington Heights
Dania Robley…, Real Estate Pro in New York, NY
Dania Robley-Lehi answered:
What is the difference between a condo and a coop?
Hi James Cusano,

The first big difference between a condo (condominium) and a coop (cooperative) is that; a condo is real property. This means that when you buy it then you own it, ... more
0 votes Share Flag Tue Jan 1, 2013 Home Buying in Washington Heights
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
When is the open house and how much is the maintenance ?? Thank you
Since no link is visible, if interested in the property consider working with an agent of your ownhe/she can schedule showings, provide any necessary information, etc. Be aware that a m ... more
1 vote Share Flag Thu Apr 12, 2012 Home Buying in Washington Heights
Yul Park, Real Estate Pro in New York, NY
Yul Park answered:
When is the open house and how much is the maintenance?
I have a 3 bedroom condo in Washington Heights for $370,000. Address is 4260 Broadway. The link to the Trulia listing is below.

http://www.trulia.com/property/3075349055-4260-Bro ... more
2 votes Share Flag Mon Feb 27, 2012 Home Buying in Washington Heights
Billy Briggs, Real Estate Pro in New York, NY
Billy Briggs answered:
Looking for buyers agent.
How Much House Can You Afford?
Debt-to-Income Ratios
To determine your maximum mortgage amount, lenders use guidelines called debt-to-income ratios. This is simply the percentage of y ... more
1 vote Share Flag Sat Dec 3, 2011 Home Buying in Washington Heights
Jenet Levy, Real Estate Pro in New York, NY
Jenet Levy answered:
Would it be possible to find appartments in the washington heights area - to buy and rent it out to tourists while i am not in the usa?
Gernot,
Renting to tourists would be a problem because NYC laws have gotten very strict yesterday on this type of very short-term rentals. The hotels have put up quite a fuss about it ... more
1 vote Share Flag Sun Nov 27, 2011 Home Buying in Washington Heights
Parish Pradh…, Real Estate Pro in New York
Parish Pradhan answered:
Im looking to buy an apartment in Washington Heights with no more than 10% down. The price range is $250,000-350,000. Any ideas?
This is case by case... depends on the building rules. It can be coop or condo but definitely check with your lenders. Call me directly at 646-833-4338 for more info.
Thanks,
Parish
... more
1 vote Share Flag Wed Nov 16, 2011 Home Buying in Washington Heights
Joseph Runfo…, Real Estate Pro in Staten Island, NY
Joseph Runfola answered:
what is the crime rate in Washington Height?
DNAinfo.com reports; Woman Mugged by Group of Teens in Isham Park

Read more: http://www.dnainfo.com/20110928/washington-heights-inwood/woman-viciously-mugged-by-teens-isham-park?utm_ ... more
2 votes Share Flag Wed Sep 28, 2011 Home Buying in Washington Heights
Mitchell Hall, Real Estate Pro in New York, NY
Mitchell Hall answered:
Thank-you to everyone who answered my question on the co-op owner to renter ratio.Very impressed by all the responses. Great website!
Hi John,

Your welcome. It is my pleasure. Feel free to contact me with any questions.

Best,

Mitchell Hall, Associate Broker
The Corcoran Group
mhall@corcoran.com
0 votes Share Flag Thu Jul 28, 2011 Home Buying in Washington Heights
Christopher…, Real Estate Pro in Westchester, NY
Christopher Pagli - ABR, GREEN answered:
How safe is it around 158 and Edgecomb? Is it recommendable for a single woman to live/walk there alone? Also how much potential/planning is there
Hi, You can visit www.homefair.com and www.spotcrime.com for in-depth crime stats and area demographics for any area you choose.

Christopher Pagli
Licensed Associate Broker
Accredi ... more
1 vote Share Flag Mon Jul 25, 2011 Home Buying in Washington Heights
Tony Lara,  in New York, NY
Tony Lara answered:
Is it normal for the Escrowee to be the to be the seller's attorney?
Totally agree it's legal and standard procedure in NYC. If you need an attorney feel free to contact Keith Schutzman at keith@schutzmanlaw.net or 917-842-2889. Please note I do not ... more
1 vote Share Flag Fri Feb 4, 2011 Home Buying in Washington Heights
Deltsova Yel…, Real Estate Pro in New York, NY
Deltsova Yelena answered:
I am planning to buy a 2 bedroom apartment in Washington Heights, I am looking at sponsor-owned Coop units
There are condos and co-ops( no board approval) under 500K right near where I live in Washington Heights.
If you do not have agent yet, I will be happy to help you.
Feel free to call ... more
0 votes Share Flag Fri Feb 4, 2011 Home Buying in Washington Heights
Deltsova Yel…, Real Estate Pro in New York, NY
Deltsova Yelena answered:
If I buy in Washington Heights where is safe & close to train? I am a single woman who comes home late.
I live on West 189 & Broadway for 6 years and consider my area very safe! I wouldn't say "stay west off Broadway". From 181 and all the way to Inwood, around the park ... more
0 votes Share Flag Fri Feb 4, 2011 Home Buying in Washington Heights
Joseph Hasti…, Real Estate Pro in Bayside, NY
Joseph Hastings answered:
Any open houses scheduled Sun March 28?
Jordy, you are ahead of the curve on this as open house listings for that date would not yet be posted. Better to check late in that week (Thursday/Friday) for the best results.

Her ... more
1 vote Share Flag Fri Mar 12, 2010 Home Buying in Washington Heights
Tony Lara,  in New York, NY
Tony Lara answered:
Looking to Purchase Coop At 15 Fort Washington
I totally agree you need an attorney he/she will look over the finanicals and make suggestions accordingly. I'll be more then happy to recommend an attorney if you need one and don't h ... more
0 votes Share Flag Mon Aug 10, 2009 Home Buying in Washington Heights
Leif Johanss…,  in 10023
Leif Johansson answered:
478 West 158 street in Washington Heights - What's Up?
Hi there, I'm exclusive agent at Roger Morris Apt; Leif Johansson | Barak Realty.

I'm handling all of the sponsor units not the re-sales @ Roger Morris.

Pls let me know which apar ... more
0 votes Share Flag Sat Jun 6, 2009 Home Buying in Washington Heights
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