Among other choices, Whole Foods is only a few blocks away. If you choose to live in Tribeca, you won't be lacking for food options, be it groceries or restaurants. And there's always Fresh Direct where you can order on line and have it delivered.... more
Keep in mind that square footage costs do vary, and doesn't account for exact location and other considerations, such as property size, condition, etc.; therefore, it's really in your best interest to also review comps, recently closed sold similar properties in the immediate area. Consider working with an agent of your own, he/she will be your best guide.... more
The name is an abbreviation of triangle below canal. Tribeca, Manhattan's downtown neighborhood runs from Canal Street south to Park Place, and from the Hudson River east to Broadway. Tribeca's charming cobblestone streets are lined with spacious residential loft buildings that were converted from industrial warehouses. Click the link below for Tribeca neighborhood report.... more
You might consider hiring a talented Real Estate agent. I personally think that Trulia would not be your place for this, that you would have to go to a few places for each set of figures.
There are "reports" put out each year by a few of the larger Real Estate companies that you might be able to look at separately. Miller and Samuels has a thorough over look they do that is good for the sales market, but you might want to look to Citi Habitats yearly/quarterly reports for the Rental side.
There are many options, but you will stil have to pull together the data that makes the most sense and there is nothing like an agency insider to read the graphs with and interpret the current trends.
I have a referral who is an accomplished developer / contractor who can answer any questions you may have with the building process. He is fully licensed, insured, and has a portfolio that shows a wide range of projects. Please tell him Yul referred you.
Here are a few suggestions to make your home a more eco-friendly environment.
Take off your shoes when you get home! Did you know that 80% of indoor air pollutants are tracked in off the streets?
When painting, only use low or zero voc (volatile organic compound) paints. If you can smell it, it is toxic.
Only use cleaning products made from safe, natural and non-toxic ingredients.
Buy local, seasonal and organic. Visit http://www.cenyc.org to locate your nearest farmers market.
Swap out incandescent bulbs for warm tone CFL’s (try the 2700k or an LED alternative).
Refinish wood floors with low-voc urethane or water based floor finish.
Use low–voc caulk, sealant, and grout in bathrooms & kitchens.
If replacing floors, use cork, marmoleum, bamboo, FSC certified or reclaimed wood.
If replacing carpets, use natural, sustainable, recycled and/or long lasting fibers.
Consider kitchen countertops made from a variety of recycled materials.
Install low flow taps, showerheads and toilets.
Buy FSC-certified furniture or go vintage.
For more ways: http://nycblogestate.com/2011/10/living-green-at-home-in-manhattan.html
For more green Manhattan real estate:blogs: http://nycblogestate.com/p/green.html
Mitchell Hall, Associate Broker
The Corcoran Group
Battery Park City is unique in terms of the land lease. It is because back when they built the World Trade Center, all the dirt and rubble from excavating the site was used as landfill on the west part of the very downtown that is now Battery Park City. The World Trade Center belonged to the Port Authority of NY and NJ. Therefore the landfill, which became the land on which Battery Park City was built, belongs to the Port Authority. So all of Battery Park City is on land lease and that is why the common charges are so high. This does NOT apply to Tribeca. Land lease is rare beyond Battery Park City. There are some Upper West Side buildings that are on landlease, but beyond that there are very, very few buildings in the city for which this applies.
Halstead Property, LLC
TriBeCa is a very popular neighborhood. If you are looking into acquiring an investment property, you have to first of all think: Condo (Co-op's will most likely have rules preventing you from renting the apartment out immediately, or sometimes at all). To be able to answer your question correctly I would need to know a little it more about your time frame, budget, experience and expectations.
There are many great streets in TriBeCa, but it is not necessarily the street that "has a good return", but a specific unit in a specific building. You will have to think about things like renovations, amenities, closeness to transportation (the right subway), school district etc
Are you an all cash buyer, or will you have a mortgage with monthly payments? You will have to look at the maintenance cost for each specific unit, as well as the comparable rents to see what your projected return could be.
Just to give you some recent numbers: the median asking price for an apartment in TriBeCa (Condo and Co-ops) is $2,997,500. ( That is a median price per ft² of $1,515/sf). As you know Tribeca have a lot of lofts and the median size for any apartment for sale today is 2,000 ft². As for rents, a quick search shows that the median price per ft² for apartments offered for rents in TriBeCa today is $70/ft.
I mostly work with buyers - from TriBeCa to West Chelsea, and I'd be happy to give you some advice.
All the best,
How are you? I hope all is well.
Most easements will have an impact on value. It really will depend on what the facade easement is for and what the impact of that easement is?
Please email me with more details and I'll try to help you out.
Professional Real Estate Consultant
Halstead Property, LLC - SoHo
451 W Broadway
New York, NY 10012
If looking to purchase don't simply rely on square footage prices, as it can be measured in many different ways, rather review comps with your agent, recently sold similar units in the immediate area, see what the data suggests and go from there...... more