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Market Conditions in Harlem : Real Estate Advice

  • All169
  • Local Info14
  • Home Buying57
  • Home Selling4
  • Market Conditions15

Activity 15
Tue Oct 4, 2016
Andrew Simmons answered:
Try this company asanduffconstruction. It is very useful company in design and architect.

http://www.asanduffconstruction.com/architectural-design-and-consulting/
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Wed Aug 26, 2015
Erdogan asked:
I'm shopping for a home around 119th and Madison. I'm interested in finding out insider tips on value projections for the next 5 years and possible new shopping developments (chain…
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Mon Feb 9, 2015
Samir Mahadin answered:
As a local Real Estate Broker I can tell you that it depends on whether it is a condo or coop and what condition it is in. For a condo in good condition it is an excellent price. For a coop it is too expensive. For a condo needing work, it really depends on how much work and the quality of the apartment.

Keep in mind that compared to the rest of Manhattan, this price continues to be very attractive, and will likely continue to rise as the reputation of the neighborhood grows.

If you would like more help please let me know, I am at your service.
... more
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Mon Feb 9, 2015
Samir Mahadin answered:
A TCO is a Temporary Certificate of Occupancy, which allows a building to be occupied, but will need eventually to be replaced by the official C of O (Certificate of Occupancy.
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Wed Jun 18, 2014
Maxwell Stainback answered:
The monthly maintenance on this unit is $532, the building is pet friendly and the unit is on the first floor facing the back. Please note that this is a HDFC Co-op which means you would have to meet the income requirements. Please see the link below for a more detailed explanation of HDFC Co-ops.

http://theharlemtimes.com/online-news/hdfc-coops-what-are-they-and-how-can-you-buy-one

Please feel free to contact me if I can be of any assistance!
... more
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Mon Feb 24, 2014
Nardeen Billan answered:
Not sure what the question being asked is. If you are looking to buy, I can help. Send me an email at nardeen@rapartnersny.com

Thanks.
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Mon Dec 23, 2013
Craig Rothfeld answered:
The maintenance appears to be $900 per month which would include both property taxes and building maintenance. Please message me at craig@harlemlofts.com if you'd like some further help
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Wed Nov 6, 2013
Dale Bowrin answered:
Hi Dietra,

I will be more than happy to assist you with your search. Please let me a little bit about your search so I can send you a list that matches your criteria. dbowrin@bondnewyork.com ... more
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Mon Oct 14, 2013
Christopher Pagli answered:
Hi, Yes 259 West 137th sold for 1.6 million in 2012.

Chris
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Mon May 27, 2013
Mitchell Hall answered:
HDFC coops are for "low income" households. Each HDFC coop can determine the definition of "low income" The standard formula most common is based on 120% -165% of area median income determined by HUD.

The documents required is a recent federal tax return. Most will accept adjusted gross income.

All HDFC coops must remain "affordable"

Mitchell Hall
Associate Broker
TheCorcoran Group
347-921-4255
Mhall@corcoran.com
... more
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Mon May 6, 2013
zhaoi asked:
Were there any events that caused the drop to be so steep, yet still be able to rise just as quickly?
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Tue Apr 30, 2013
Parish Pradhan answered:
Anishav,

Are you looking for properties to purchase or rent in the zip code? You attached a link which is in Harlem but the zip code is around Murray Hill and Kips Bay area then you mentioned midtown. Please be more specific on what you are looking for.

Feel free to email me.

Regards,
Parish
parish.pradhan@kwnyc.com
... more
0 votes 7 answers Share Flag
Tue Apr 9, 2013
Edith Karoline Jasser answered:
Not sure what you are asking about, on the trulia site you sent the link for the price is 535 K which is the current asking price you will be able to negotiate with the seller, the amount below is an estimate what your loan would cost you per month for that price with 20 % down, but you can open the calculator and
see what the monthly expense would be if you put down 30 % and it always depends what the loan's interest would be for you, the exact tax amount etc. but that number will give you an estimate for your consideration....
$535,000
$2,398 / mo Mortgage Center

Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert

Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE 
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties ---- EdithSellsHomes@gmail.com
Check out my website at htttp://tinyurl.com/YourRealtor4Life
HAVE THE MOST WONDERFUL DAY :)
... more
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Thu Feb 28, 2013
Janet Resino answered:
I have been working in HDFC buildings for over 7 years. it is important to get a feel of the building and read the minutes to see what is going on, where there are any problems. In this respect an HDFC building is the same as all other co-ops.

You have to check out their position on flip tax, renovations, subletting.

One of the big things that I have found , again in all buildings, is how efficiently they handle their finances.

If you can live with the regulations, which you have to make sure you understand fully, then HDFC buildings tend to be relatively a safe investment.

Most HDFC buildings have been renovated to code and regulations so in that respect they are safer than some other buildings, and the cost of those upgrades have been paid for by the city.
Most HDFC buildings do not have underlying mortgages so you are assured of a financial savings in your maintenance which is a cost factor in other buildings.

With all real estate, location is everything. If the property is in an excellent location, there is little question about any risk.
... more
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