what is the tax and maintenance fee for this apt? is this one allow co sign or foreign funds?

Asked by Cici, New York, NY Thu Jan 3, 2013

--
This question was asked from this property: http://www.trulia.com/property/3104867199-165-E-60th-St-2D-N…

Help the community by answering this question:

+ web reference
Web reference:

Answers

5
Elena Ravich,…, Agent, New York City, NY
Thu Jan 3, 2013
You already received an answer about the maintenance. Regarding your other question if foreigners can purchase in this building - it is easy to find out, once you engage an agent, your agent can make inquiries with the management company and check if pied a terres (buyers who will use the place as a 2d home and not as a primary residence). All condo buildings allow foreign buyers and many of the coops do but each coop building has its own policy about it. Also, to give you a more detailed answer, one would need to know how you intend to use the apartment after you purchase it, i.e. if you intend to rent it out or use for yourself as a pied a terre or as a primary residence. The intended use and some other factors will determine what particular property will better suite your needs.

I would be happy to give you necessary clarifications and assist you throughout the process.
Elena Ravich
Rakita Realty
646 593 7207
elena@rakitarealty.com
0 votes
Jennifer Chi…, Agent, New York, NY
Thu Jan 3, 2013
$1543 is the monthly maintenance for this unit.

If you are a foreign buyer, you can see more info at

http://www.youtube.com/watch?v=RBFi3iF1D1o&list=PL9A0EED…

You now have the opportunity to search approximately 20,000 exclusive listings, representing the entire database of residential listings available through the membership of the Real Estate Board of New York (REBNY).

These are the most accurate listings you can find in NY because they come from the brokers themselves; there is no bait and switch, no duplicates, and no opens; and are updated every hour.

Read: How to Buy an Apartment in Manhattan and Get the Best Interest Rate

http://www.buyandsellmanhattan.com/how-to-manhattan-apts/how…

Jennifer Chiongbian
SVP/ Associate Broker
Rutenberg Realty NY
9172502284
0 votes
Aileen Gross…, Agent, New York, NY
Thu Jan 3, 2013
Apologies! I didn't realize anyone had answered the question yet!
;-)
0 votes
Aileen Gross…, Agent, New York, NY
Thu Jan 3, 2013
The monthly Maintenance is $1,543.00. This INCLUDES all your taxes and all other building common charges monthly. :-)
As far as foreign buyers go, it can often be challenging to purchase a COOP instead of a CONDOMINIUM, and there are several factors that would need to be discussed prior to making an offer. Feel free to email me directly for the specifics!
:-)
Aileen Grossmann
0 votes
Jenet Levy, Agent, New York, NY
Thu Jan 3, 2013
Cici,
$1,543 is the maintenance. We don't really use the term "co-signing" for purchasing. Perhaps you mean co-purchasing, which would mean both individuals have to go through the full board approval process. The other option would be for the other person to "gift" you money. As far as foreign funds, that's not a problem as long as you show the enough income and assets for this particular board.

I would strongly suggest you work with a skilled, experienced agent who can guide you through the process. Co-ops are tricky to navigate. There are standard formulas and then lots of variation. Those of us with lots of experience know how to take you through the steps.

Best,
Jenet Levy
Halstead Property, LLC
jlevy@halstead.com
212 381-4268
http://jenetlevy.halstead.com
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more