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Home Buying in Financial District : Real Estate Advice

  • All49
  • Local Info8
  • Home Buying7
  • Home Selling3
  • Market Conditions2

Activity 6
Wed Apr 2, 2014
D. Patrick Gobin answered:
H Jeffrey,

I currently have a great listing in Fidi that is being sold at $724 psf. It is a large one bedroom with great sunlight and in a 24 hour doorman building for $589,00. It's a great deal! .

I have been living in the Financial District for 20 years and would highly suggest in investing in area. Please feel free to contact me at (347)344.6110 if you are interested in see this apartment.

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Tue May 7, 2013
Jesse Isaacs answered:
Hi Mary,

My name is Jesse Isaacs and I am the Executive Vice President here at REAction International, a real estate brokerage here in Midtown West.

This ad appears to be false and you will find that the internet is riddled with false and misleading ads (unfortunately).

If you'd like, please feel free to contact me and I will put you in touch with one of my top agents specializing in the Financial District.

Thank you and I look forward to hearing from you.

Kind Regards,

Jesse Kane Isaacs
Executive Vice President | Director of Rentals, NYC
REAction International, Inc.
Licensed Real Estate Broker
57 W. 57th Street
Suite 1100
New York, NY 10019
Office: (646) 374-4422
Mobile: (845) 239-3144
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Mon Oct 12, 2009
carol friedman answered:
to get an idea of what the coop board has accepted in the past have your broker look up past /recorded sales to give you and idea of what prices they have accepted. However, submit your package and if you meet the boards criteria you have a good chance of being accepted. boards do require to meet you for an interview as welll.unfortunately a board does not have to give you a reason for a turn down. Make sure your board package is perfect with all required documents, dress appropriately for the interview and good luck carol friedman Nests seekers int. ... more
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Thu Apr 3, 2008
Fred answered:
let me clarify that by real yield i mean your cash on cost, excluding long term appreciation. so if you are looking for the rental income to make you money, you need to look at multi family buildings, not individual units. ... more
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Mon Mar 3, 2008
Adina Greenberg answered:
My answer is based on numbers I found.
Cipriani Club, 51 active sales listings: $1,551 per ft² (avg)
William Beaver House, 149 active sales listings: $1,644 per ft² (avg)
75 Wall St., 70 active sales listings: $1,340 per ft² (avg)
Downtown Club, 26 active sales listings: $1,143 per ft² (avg)
25 Broad St, 10 active sales listings: $1,130 per ft² (avg)
These are only some of the developments in the Financial District.
While prices per square foot are lower on Battery City, the Common charges are very high.There are 3 new condo developments in Battery City;
Riverhouse, 173 active sales listings: $1,384 per ft² (avg)
The Visionaire, 2 active sales listings: $1,233 per ft² (avg)
Tribeca Green (Rental building), 8 active rentals listings: $7,422 (avg price)
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