Market Conditions in 10007 : Questions & Answers

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Mitchell Hall, Real Estate Pro in New York, NY
Mitchell Hall answered:
What zip code in Manhattan is going to appreciate the most?
I'll have to check my crystal ball and get back to you. Seriously no one can predict the future.
0 votes Share Flag Fri Sep 24, 2010 Market Conditions in New York
Rick LiCastri, Real Estate Pro in New York County, NY
Rick LiCastri answered:
How many years does it take to clean up your credit after a series of late mortgage payments?
Can take between 3 to 7 years
0 votes Share Flag Thu Sep 16, 2010 Market Conditions in New York
Filippa Edbe…, Real Estate Pro in New York, NY
Filippa Edberg-Manuel answered:
how have land values in Chelsea (NYC) changed in the last 10 years for commercial development?
Dear Shauna,

Chelsea, and particularly West Chelsea with the recently opened (first part of the) High Line Park, is in my opinion one of the most exciting areas of New York.

Since ... more
0 votes Share Flag Wed Apr 27, 2011 Market Conditions in 10011
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Is this the best time of the year to buy a property in Mahattan? do you think prices can drop a bit more by the end of 2010?
It's always a good time to buy when you are ready and need to buy--unfortunately, none of us knows where the market will head tomorrow or in the days ahead--what we all know is tod ... more
0 votes Share Flag Wed Sep 29, 2010 Market Conditions in New York
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
where can I find a 3 bedroom for $3100?
Much will depend on the area(s) of interest, are you specifically interested in Manhattan, or will other areas do--without any particulars, you may wish to ask your question again--or a ... more
0 votes Share Flag Sat Jun 14, 2014 Market Conditions in 10023
Maureen Cody, Real Estate Pro in Charleston, SC
Maureen Cody answered:
Doesn't this unusual sale really screw up all the averages you are reporting: $6 per sf at 2201 Broadway?455,000 sf???
Dear Michael

Was this a short sale? A bank foreclosure? Also not sure what site you are looking at - there are some sites that record the amount of the loan the bank has forgiven, ... more
0 votes Share Flag Fri Aug 13, 2010 Market Conditions in 10023
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
What is the average maintenance cost in Chelsea coop/condo apartments?
Maintenance fees will vary from complex to complex--much will depend on size, any existing mortgage, land lease fees, amenities, assessments, etc. If you are interested in a particular ... more
0 votes Share Flag Mon Dec 26, 2011 Market Conditions in 10011
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
How effective would a potential Fannie and Freddie homeowner bailout be?
How much longer can the government bribe the public with the public's money?
0 votes Share Flag Sun Aug 8, 2010 Market Conditions in New York
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Is there a good rental market in syracuse and surrounding areas?
A lot will depend on your budget and your expectations on the return of your investment--if you are not familiar with the area, consider a visit and see what locations, properties that ... more
0 votes Share Flag Wed Jun 9, 2010 Market Conditions in New York
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
how can I get a property overview and market analysis for a property in NYC particularly, 30 West 70th STreet?
Any local agent will be able to help you--contact any realty office(s) and inquire or contact any local Trulia contributor(s) directly and ask.
0 votes Share Flag Fri May 21, 2010 Market Conditions in New York
Jenet Levy, Real Estate Pro in 10012
Jenet Levy answered:
During the period of construcyion of the 2nd ave subway are apartment values deteriating?
Face,
Good question. Not in my experience. The construction of the 2nd Ave. subway has negatively affected storeowners on 2nd Ave, because it blocks some foot traffic. It surely will i ... more
0 votes Share Flag Mon May 14, 2012 Market Conditions in 10128
First Last, Other/Just Looking in 90002
First Last answered:
I have a feeling that prices are still being slashed in upper east side Ny NyPl.comment
"Slashed" is too strong a word, in my opinion. I own an apartment in the 10021 zip code, I meet regularly with buyers and sellers in this neighborhood, and I follow the data r ... more
0 votes Share Flag Thu Apr 29, 2010 Market Conditions in 10021
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
How many apartments all types were sold on the upper east side of NY for 2009 vs 2008?
You can look on the Prudential Douglas Elliman website. They have a market report for 2000-2009 that should have the information you are looking for.
0 votes Share Flag Sun Feb 7, 2010 Market Conditions in Upper East Side
Anoir Redoua…, Real Estate Pro in SoHo, New York, NY
Anoir Redouane answered:
Does a facade easement have any impact on a loft condominium in TriBeCa?
Dear Jlgguy,

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 eas ... more
0 votes Share Flag Sun May 13, 2012 Market Conditions in Tribeca
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
What are rent rates for Port Chester, NY?
Depends on what exactly you're looking for--why not contact any local realty office(s) and ask to look at a few rentals -- see what your money can buy firsthand.

Anna
0 votes Share Flag Sun Dec 13, 2009 Market Conditions in New York
Anoir Redoua…, Real Estate Pro in SoHo, New York, NY
Anoir Redouane answered:
what is a proper offertha i should make for a co-op value at 100000?
Dear Manny,

This is nearly impossible to answer when one doesn't have the comparables for that particular Coop.
You or your agent (preferably), should look at comparable units ... more
0 votes Share Flag Sat Dec 12, 2009 Market Conditions in New York
Alen Moshkov…, Real Estate Pro in 10022
Alen Moshkovich answered:
Looking for some statistics on the NY real estate market regarding property video tours and how they affect sales?
Absolutely.....

If I'm not mistaking, a potential buyer will stay on a property listing with a video tour ten times longer than one would on a virtual tour or photos alone. A v ... more
0 votes Share Flag Mon Aug 9, 2010 Market Conditions in New York
Bob Borger, Real Estate Pro in New York, NY
Bob Borger answered:
How will the opening of the new East River Plaza affect real estate prices in East Harlem?
Hey, Ziggy hope all is well. Here's an interesting post I found in Curbed that may help to answer your question.

http://curbed.com/archives/2008/0/20/development_du_jour_east_12 ... more
0 votes Share Flag Tue Oct 27, 2009 Market Conditions in East Harlem (El Barrio)
Jenet Levy, Real Estate Pro in 10012
Jenet Levy answered:
two people own 250 shares in a co op one dies what happens
It depends on which way they were owned - Tenants in Common, or Joint Tenants with Rights of Survivorship. The best thing is to check with an attorney. If there is an attorney for the e ... more
0 votes Share Flag Wed Oct 28, 2009 Market Conditions in New York
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