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Market Conditions in Gramercy Park : Real Estate Advice

  • All38
  • Local Info5
  • Home Buying12
  • Home Selling1
  • Market Conditions3

Activity 3
Sat Oct 18, 2014
Anna M Brocco answered:
Ask your agent about any necessary clarifications; co-op ownership represents an interest (i.e. stock) in realty; condo ownership is actual ownership of realty. Condominium ownership is, for most practical purposes, only one form of cooperative housing and, like the co-op, must include provisions for management and maintenance of the building(s) and common areas, usually dictated by an elected Board of Managers, in the case of a condominium, and a Board of Directors in the case of a co-op. ... more
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Mon Dec 16, 2013
Florin Hoxha answered:
Rentals range from $50-80/SqFt per year. This is the median range and it really depends on exact location, building type (luxury vs walk up), unit renovations, floor, and renovations. It also depends on whether you are renting in the summer months (higher price) vs the winter months (typically lower prices) ... more
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Tue Apr 9, 2013
Fern Hamberger answered:
Hello Maria,
Cash is king and it may win you the sale. And depending on the seller, it may reduce the price
by a few dollars. since paying cash will also reduce the time waiting for the property to close.
However, the sale does not only depend on paying all cash. there are other factors, a seller will consider. I.E. If you are currently residing or even working for an American Company.
If you are Brazilian, does that mean, do you hold a social security number? do you have a job in the US?

Best Regards
Fern Hamberger
Vice President Asso Broker
The Corcoran Group
fhamberger@corcoran.com
... more
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