Home Buying in Upper East Side : Questions & Answers

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Aileen Gross…, Real Estate Pro in New York, NY
Aileen Grossmann answered:
it is condo or coop?
COOP! And the monthly maintenance is $838.00 p/month.
:-)
Aileen
0 votes Share Flag Tue Nov 5, 2013 Home Buying in Upper East Side
Klara Madlin, Real Estate Pro in New York, NY
Klara Madlin answered:
What is a condop ? ? that is how the apt is listed on line.
A condop is a coop with condo rules. Easy purchase and sublet rules unlike a coop, however, the you own shares and taxes are included in the maintenance
0 votes Share Flag Sat Mar 2, 2013 Home Buying in Upper East Side
Nicolas Puyg…, Real Estate Pro in New York
Nicolas Puygrenier answered:
hi I am looking for 2 bedroom apartment in nyc.
Hello Dara,

Why don't you send me an email?

Best,

--
Nicolas Puygrenier ǀ Licensed Real Estate Broker
Mona Lisa Real Estate Group LLC
419 Lafayette Street, New York, ... more
0 votes Share Flag Wed Feb 13, 2013 Home Buying in Upper East Side
Kevin F Kapp…, Real Estate Pro in Honesdale, PA
Kevin F Kappler answered:
Can one purchase a home in NY with a loan approved in California?
Unless the Loan is a State Sponsored program, i.e. California Housing Finance Association, that can only be used for a property in that state, than the answer is yes. Feel free to call ... more
0 votes Share Flag Sat Feb 9, 2013 Home Buying in Upper East Side
Elena Ravich,…, Real Estate Pro in 10019
Elena Ravich, Manhattan Expert answered:
Can a non-American resident, employed by the United Nations, buy a coop property? Thanks.
Hi Milo,

to answer your question, one would need to know if you intend to use this coop as your primary residence or a pied a terre. You mentioned that you are not a US resident, wh ... more
0 votes Share Flag Tue Feb 12, 2013 Home Buying in Upper East Side
William McBu…, Real Estate Pro in New York, NY
William McBurney Jr answered:
How do you find out how flexible is the seller on the asking price?
You make an offer that is designed to get acceptance or a counter-offer;
if there is no response after a period of time, you have to raise your offer.
0 votes Share Flag Wed Jun 5, 2013 Home Buying in Upper East Side
Mark Fisher-…, Real Estate Pro in New York, NY
Mark Fisher-Mortg Lender answered:
in your morgage calculator
Are you trying to calculate the closing costs? Mortgage tax varies depending on the county, in NYC it is 1.8%
0 votes Share Flag Tue Jan 29, 2013 Home Buying in Upper East Side
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Is the Upper East Side a good place to raise a family?
A good place is subjective, and should be defined and dictated by personal preferences, wants, needs, lifestyle, etc. When it comes to any safety/crime related issues, it's always best ... more
0 votes Share Flag Wed Sep 12, 2012 Home Buying in Upper East Side
Boris Bast, Real Estate Pro in New York, NY
Boris Bast answered:
what is the inherent danger in buying a land lease coop in NYC?
Hey Dave,

Depending on how many years remaining on the lease you may have a difficult time finding a lender for this Coop. The same issue may arise when you are going to resell the ... more
0 votes Share Flag Sat Feb 9, 2013 Home Buying in Upper East Side
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
how does one get their name in a lottery for an apartment in Manhattan?
See links below for helpful information.
http://www.nyc.gov/html/hpd/html/apartment/lotteries.shtml
http://www.nyc.gov/html/housinginfo/html/apartments/apt_rental_opportunities.shtml
0 votes Share Flag Wed Jun 27, 2012 Home Buying in Upper East Side
Jennifer Fra…, Real Estate Pro in New York, NY
Jennifer Frazier answered:
Do you know the average price of an apartment on Park Ave. in the UES? Trying to find data about Park Ave.
What size apartment are you questioning
0 votes Share Flag Mon Nov 26, 2012 Home Buying in Upper East Side
Aileen Gross…, Real Estate Pro in New York, NY
Aileen Grossmann answered:
What are the risks in buying an HDC financed coop?
Generally, my experience has been VERY HIGH FLIP TAXES paid by seller when you sell!! Preventing you from making a decent amount of profit. Also, when selling, it limits you to only a ... more
0 votes Share Flag Tue Jun 26, 2012 Home Buying in Upper East Side
Thomas Brady, Real Estate Pro in Suffolk County, NY
Thomas Brady answered:
when it says contract signed that means it's sold right?
Generally that would mean that the sellers and buyers have signed legally binding contracts and are moving towards closing. However there can be many hurdles along the way and various t ... more
0 votes Share Flag Sat Feb 9, 2013 Home Buying in Upper East Side
Jenet Levy, Real Estate Pro in New York, NY
Jenet Levy answered:
We are a gay couple looking to buy a 2br 2 Bath on the UES (Lenox Hill/Sutton place preferred) with a $1.25million budget. Any suggestions?
Hi, Raffles,
It's great that you know where you want to live and what your budget is. There are two things to do now. You need to be pre-approved by a lender and you need to begin wo ... more
0 votes Share Flag Mon Oct 7, 2013 Home Buying in Upper East Side
Regis Roumila, Real Estate Pro in New York, NY
Regis Roumila answered:
Do you expect sale and/or rent prices for a 400 sq/ft studio in Yorkville to increase significantly over the next 5-7 years?
what's your email? i can send you some listings
or fee free to contact me at:

Régis Roumila | Senior Vice President & Managing Director

Nest Seekers I N T E R N A T I O N A L ... more
0 votes Share Flag Wed Jun 20, 2012 Home Buying in Upper East Side
Susan Lusardi, Real Estate Pro in New York, NY
Susan Lusardi answered:
Ask a question... Why are the monthly outgoings(cc plus RET) so high at 124 east 79th street, The Belgravia?
This is a small building it only has about 67 units,good service and great location,give me a call for more information

Susan Lusardi
Vice President, Associate Broker
Prudential Do ... more
0 votes Share Flag Tue Jun 19, 2012 Home Buying in Upper East Side
Raoul Sodoga…, Real Estate Pro in New York, NY
Raoul Sodogandji answered:
in 99,000 on e 63 a good price?
Hello Schabot,

At that price i think it is a foreclosure, or it might be also a scam.

Be careful.

Warmest Regards,

Raoul Sodogandji
International Market Specialist
Directo ... more
0 votes Share Flag Tue Jun 19, 2012 Home Buying in Upper East Side
Bruno J. Nav…, Real Estate Pro in New York, NY
Bruno J. Navarro answered:
Hi I would like to invest in a 2 bed room property in the upper east side of manhattan. Its more of an investment. Any advise.?
Great question. Your best bet is to work with an experienced real estate agent who knows the neighborhood. At the moment there are about 110 two-bedroom condo apartments for sale on th ... more
0 votes Share Flag Sun May 13, 2012 Home Buying in Upper East Side
Scotty Elyan…, Real Estate Pro in New York
Scotty Elyanow answered:
Which would you prefer? a). Sunny apartment with Stellar View on High Floor b). Apartment with Balcony on Low Floor without much light?
Sunny apt, stellar view in my opinion. That's what I would want as a buyer.
0 votes Share Flag Fri Feb 24, 2012 Home Buying in Upper East Side
Yul Park, Real Estate Pro in New York, NY
Yul Park answered:
Is there an apartment for sale at 325 East 72 Street? If so, what is the listing price?
Hello again. 8-B is the last listing but like I mentioned, that apt has a contract signed.
0 votes Share Flag Wed May 9, 2012 Home Buying in Upper East Side
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