This building is not suppose to be too noisy, if facing front then you might hear it little bit, but if it is facing the rear, it should be ok. Feel free to contact us for more details, 646-606-2366... more
Hi Phungal, Hopefully you have checked around for some prices. I find Allstate has very good rates for condos and Coops....depending on your square footage, age of the unit,renovations etc.etc.. Those my buyers have gotten were between $230-$400 a YEAR-depending on whether it is a building or garden apartment. I can give you the name and number of someone I have dealt with many many times. call me Terry K 718-614-3167 or email me email@example.com... more
Hello! Prices vary. The best thing for you to do is meet with a Realtor in the area and get more information. I happen to be located in Woodbury, NY. Have you met with a loan officer to go over your finances and pre-approval? This shoudl be your very first step. I can help!
Sterling National Bank
Javier. Meneses@sterlingnational.com... more
Unfortunately none of us can answer with accuracy as to past or future mold/mildew problems, and you may wish to have a professional inspection; if you have concerns regarding the units, consider other locations; you can check out www.mlsli.com for available area properties... more
it all depends on the location, the market price, and condition. in your area there are several cooperatives in the sales process. hire an agent who will represent you, provide his/hers services and work on your best interest.... more
There are several different ways of creating a flip tax. You can do it on the number of shares, or on the sales price, or on the gain on the sale of an apartment (i.e. the difference in the price paid versus the price they are selling for). Personally I think the latter is the most palatable to a prospective buyer. Having said this, I would definitely be cautious in creating a flip tas as it can affect the value of the coop apartments.
I do think however that a minor flip tax might outweigh having an exorbitant maintenance... more
Yes, the studios in Berkeley Towers are quite large compared to other coops in the area. They are L-shaped have a small dressing area by the bathrooom. They are easy to separate the sleeping area.... more
In response to an email inquiry I received about my answer below............I am posting the reply here....
The amount of the legal action reported on Realty Trac may not represent the total liens on the property, but only the amount of the party who filed a complaint (legal action.)
Example: Market value of house - 500K. 1st Mortgage - in default.......Amount reported by Realty Trac is $380,000. That may not be the only lien that has to be cleared.... There might also be a HELOC (line of credit) for $85,000. In addition, there might be liens as a result of other judgements. The homeowner may have fallen behind on other bills, also. There could be 2 other liens as a result of judgements that total $77,000. The total of all of these liens may exceed market value. Looking at the Realty Trac number of 380,000 does not provide the full picture.
If the 1st lender forecloses, the subsequent liens may be wiped out. As an REO property, the lender would own a property valued at 500K market.
I have been a resident of Boulevard GArdens for 19 years. As being a resident for so long at this complex, I have to say the premises are well maintained and the residents are friendly. As to my knowledge of living there for so long, their are no bedbugs what so ever in this particular complex. There are rodents and roaches, but the maintence team keep them well maintained with traps and having exterminators coming in from time to time to spray for any vermon. The benefit of living at this complex, I feel is the great neighborhood, and the easy access to the city which you are only 10 minutes away. Also you have access to shopping stores ex: steinway, only 4-6 blocks away. If this place is, a place that you are interested in stop by and ask some of the residents how they like living their. Hope this helps....... more
Hi Happylam. Since you've already gotten your answers below from others. I'll be brief. You're probably considering this house because the price seems rather good, perhaps too good. Now, look at the negatives here that you've indicated. Train outside your door, open parking lot and the possibility of damage to the house.
You have two choices. One is to buy it, the other is don't buy it. Ultimately if you buy, at some point in your ownership you might look to sell. At that point your questions become someone else's questions. Your appreciation value may also suffer due to the proximity of the stated problems.
Surely there are other options in Woodside that wouldn't have these considerations. If price rules your choices, you may have already made your decision. Good luck.... more
This is a case of too little too late. Marketing should have been discussed up front at the listing presentation with the Agent/Broker you hired. This all gets into what type of exposure the marketing allows for and is it quantifiable. And of course if you went with a low commission that would naturally exhibit less marketing, less exposure, less offers and after time on market becomes an issue, less dollars. The way to get Manhattan exposure would be by using the number one office in New York, Prudential Douglas Elliman Real Estate.... more
Co-ops are co-ops and boards set up financial requirements, have your agent contact the management company to verify those requirements and see if you meet them, if not, don't waste your time and money on an application only to be turned down later in the process.