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Midtown East : Real Estate Advice

  • All38
  • Local Info5
  • Home Buying14
  • Home Selling5
  • Market Conditions4

Activity 30
Mon Apr 25, 2016
Andrew Abram answered:
0 votes 28 answers Share Flag
Thu Feb 18, 2016
Jonathan Lahey answered:
Search on here to find your needs - http://streeteasy.com/building/333-east-46-street-new_york
0 votes 1 answer Share Flag
Sun May 17, 2015
Elena Ravich, Esq. answered:
Hi Jeffrey,

212 E 47 is a 2006-2007 condo conversion built in1979. Current for sale listings there are at $1,528 per ft² avg and $967,833 avg total price;

310 E 53 is a 2006 construction. Current listings there have an average $1,701 per ft² price or $3,369,750 avg price.

From what I've seen, brand new developments with good amenities are starting at $1800/$/psf for lower floor apartments. Let me know if I could be of any further assistance.

Elena Ravich | Associate Broker (Licensed as Yelena V. Ravich)
CITI HABITATS
250 Park Avenue South, 12th Fl | New York, NY 10003
C 646.593.7207 | eFax 917.262.7045
eravich@citihabitats.com
... more
0 votes 1 answer Share Flag
Sun May 17, 2015
Elena Ravich, Esq. answered:
What information you are looking for? I am happy to assist you may reach me for details at
Elena Ravich | Associate Broker (Licensed as Yelena V. Ravich)
CITI HABITATS
250 Park Avenue South, 12th Fl | New York, NY 10003
P 212-685-7777 | C 646.593.7207 | eFax 917.262.7045
www.citihabitats.com
... more
0 votes 2 answers Share Flag
Mon Mar 16, 2015
dploves2sellhomes answered:
If the desired price is more than the current market value, than in my opinion it's not a good idea. You should speak to a local Realtor to get a better idea of what the home is currently worth and he/she should be able to advise you on any upgrades or improvements that need to be done. When making any changes prior to selling a home, it is important to keep colors and designs neutral. What you might like, many not be what a prospective buyer would like. Keep it simple. ... more
0 votes 15 answers Share Flag
Tue Feb 24, 2015
Andrea Saturno-Sanjana answered:
For a wonderful grocery store near Midtown East, check out Fairway.
http://www.fairwaymarket.com/store/kips-bay-manhattan-ny/
0 votes 3 answers Share Flag
Sat Apr 5, 2014
gjaa answered:
I have heard that some of the neighbors pound on the walls, drill holes into other people's apartments and are the cause of all other kinds of illegal activity. Is this true? I do have more facts ... more
0 votes 2 answers Share Flag
Thu Feb 6, 2014
maclayrose0 answered:
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... more
0 votes 2 answers Share Flag
Sun Jan 19, 2014
Mary Stock answered:
Dear Mr. Alannnn,

The property is a studio (2 rooms = studio). It is in midtown east side of Manhattan and the square footage is 250 - 315. I also have some amazing studios of good quality for less. Please email me at mstock [at] stockpropertiesny [dot] com for the details on this and the 5 lovely others.

Mary Stock
... more
0 votes 2 answers Share Flag
Sun Jan 19, 2014
Mary Stock answered:
Dear Mr. Alann -

The maintenance is what it says there--$1789. That is because the price of this apartment has been greatly cut in order to compensate for the big maintenance. There are reasons--like a big mortgage on the building--when a bldg. ends up with a low price and a very high maintenance.

There are other apartments available, though. What square footage are you looking for. Do you want a 1-BR? Perhaps I can help you get what you want.

Mary Stock
StockPropertiesNY.com (I am a buyer's broker. I have all the listings, as well.)

mstock [at] stockpropertiesny [dot] com
... more
0 votes 1 answer Share Flag
Tue Nov 26, 2013
Michael DeFilippi answered:
Wed Oct 9, 2013
Margaret R. Hopp answered:
2008 ...five years ago...I hope you have sold your place!
0 votes 24 answers Share Flag
Mon Oct 7, 2013
Krystyna Rachtan answered:
Il mio indirizzo email è: kr@ny-home.net
Prego email me direttamente e fatemi sapere cosa proprietà che si desidera acquistare.
Please email me directly at kr@ny-home.net or call me at (212) 991-8072

Krystyna Rachtan, Licensed Real Estate Broker
Phone (212) 991-8072
NEW YORK HOME REAL ESTATE SERVICES, INC.
295 Madison Avenue, New York, NY 10017
... more
0 votes 1 answer Share Flag
Sun Jul 21, 2013
Mitchell Hall answered:
Hi Adina,

The listing that your question refers to PHG at 310 East 46th Street is a condop.

http://www.corcoran.com/nyc/Listings/Display/2566106

A condop is a residential building or portion that includes cooperative and condominium ownership structure. The condominium has a residential cooperative unit separate from the commercial unit and or garage unit.

A Coop can have underlying mortgage a condo can not. A condop such as 310 East 46th offers the flexibility of a condo such as 90% financing allowed, No Board Interview and also allows sublets like a condo.

A condop can offer the best of both condos and coops. The rules and amenities of a condo, tax deduction, lower closing costs (no NY state mortgage recording tax) like a coop because a coop is not considered "real property" it is considered "personal property."

Best,

Mitchell Hall
Lic. Assoc. RE Broker
The Corcoran Group
917-312-0924
mhall@corcoran.com
... more
1 vote 4 answers Share Flag
Sun May 5, 2013
Fern Hamberger answered:
The downside of a land lease is the lease of the building with the owner of the land.
If the lease is a long term lease then the only worries you have is the acceleration clause of the
Lease and that is usually reviewed and explained to you by your lawyer.
A land leased apartment sale price is much lower relative to the one that is not land leased.
Many time a land leased apartment will have a pretty high maintenance. So even after you pay off
Your mortgage, you will be helping the land lease holder pay off their landlord.
Best of luck.
Let me know if there are any other questions.
Fern Hamberger
VP. Asso broker
Fhamberger@corcoran.com
... more
0 votes 5 answers Share Flag
Thu May 2, 2013
Anna M Brocco answered:
Keep in mind monthly fees include land lease payments in addition to the other expenses....
0 votes 3 answers Share Flag
Wed Apr 24, 2013
Joseph Hastings answered:
The obvious reply is...when you cannot afford to purchase. The first indication of such would be by knowing if you have enough downpayment, additional assets and very good credit.
0 votes 3 answers Share Flag
Wed Apr 24, 2013
Mirza Shafique answered:
Of course that's false. Depends on the case.
0 votes 1 answer Share Flag
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