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Market Conditions in 10018 : Real Estate Advice

  • All7
  • Local Info1
  • Home Buying3
  • Home Selling0
  • Market Conditions1

Activity 142
Mon Apr 15, 2013
Jennifer Chiongbian- 917-250-2284 answered:
That will depend on the level of service in the building and other factor suchs as view, floor level and square footage.

I am a working real estate broker and Manhattan appraiser so when values are affixed to units, these are the things that are considered when making a loan. ... more
0 votes 3 answers Share Flag
Tue Apr 9, 2013
Rafal Zbrzezny answered:
Hi Brittany,

The price of $535,000 is the price for the condo. Underneath the price there is an estimated price per month of $2397. This is what you can expect to pay monthly. Your monthly payment will depend on how much down payment you will put down and also what your percentage will be on your loan

If you any other queations please feel free to contact me at
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Sun Sep 8, 2013
Rafal Zbrzezny answered:
Hi Sherry,

Its a nice elevator, laundry building in a prime location. Is this in regards to the studio currently available in the building?

Rafal Zbrzezny
Licensed Real Estate Salesperson

113 East 12th St.
New York NY, 10003
(O) 212 693 0200
(M) 917 455 7847
(F) 212-693-0800
... more
0 votes 7 answers Share Flag
Tue Apr 16, 2013
John Jourden answered:
Good morning

Have several clients looking in Gramercy Park as we speak. This particular apartment is well priced for a large 850 Sq Ft 1BR Co-Op. At $763 Sq Ft, there is solid room for appreciation as many Co-Ops in the area are already priced at $800+ Sq Ft.

What's NOT to LOVE about Gramercy Park would be my first response! Fantastic dining, schools, shopping and retail. Easy access to the Lexington Avenue 6-Train and future corridor for the Second Avenue Subway line.

Always in high demand on the rental side as well. Gramercy Park is the "Park Slope of Manhattan". A young, established professional demographic dominates the area since it's quite a bit pricier than it's surrounding counterparts. Doesn't have the younger "Frat House" feel to it like the more affordable East Village and Murray Hill neighborhoods.

Walkable to both Flatiron - where a lot of New Yorkers work, and Union Square - where a lot of New Yorkers like to play!

Feel free to contact me if you're looking for a Buyer's Agent. I almost exclusively work with Buyer's for two reasons: I love taking care of people and New York is my City - and I love sharing it with everyone!

John Jourden
Licensed RE Salesperson
The Spire Group
REBNY Member
... more
0 votes 5 answers Share Flag
Mon Apr 1, 2013
Corey Wayne Ogle answered:
Condos and Co-ops have a monthly fee that pays for building maintenance, staff and property upkeep.
0 votes 5 answers Share Flag
Thu Feb 28, 2013
Amy Rea answered:
I'm not sure what you mean by How Risky are HDFC apartments...

Find a neighborhood that you like, and a space that you can enjoy, renovate it, move in, and enjoy it. When you sell it, you will not lose your money.

When purchasing an HDFC Coop, however there are details that vary, so pay attention so you are informed:

(a) Income restrictions vary and are updated every year, as they are percentiles of median income
(b) Seller paid flip tax or building funding fees vary per building, so find out what it is when you wind up selling
(c) When does the HDFC status run out?
(d) When did the HDFC become an HDFC Coop

Best wishes, always
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Wed Jun 5, 2013
Anna M Brocco answered:
Any local agent/realty office can provide such information...
0 votes 6 answers Share Flag
Thu Jan 3, 2013
Nick Agostinelli answered:
The reason the maintenance is so high is because this building is on landlease. In other words, unlike most co-op or condo buildings, the land underneath is not owned by the building and rent must be paid for the right to occupy that land. All of Battery Park City is this way, and scattered other buildings around the city. In general, the apts. in such buildings are priced lower to offset the high monthly cost. I hope this helps. ... more
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Fri Dec 21, 2012
Nilthia Jackson answered:
Firstly I wasn't clear on the question so I will give two answers for the two ways I understand the question. If you are asking why are record sale prices decreasing? One reason could be that people have been buying available well priced properties and their is more scarcity. If you are asking Why sale prices are decreasing that would be because the market is turning around.
Hope this helps

Nilthia Jackson
Licensed Salesperson
Lord and Andra
... more
0 votes 1 answer Share Flag
Thu Dec 13, 2012
Maryann Johnson answered:
Yes, many of the condos and rentals on Roosevelt Island are pet friendly. There may be a weight & size maximum but those would be on the only restrictions if any. I work a lot on Roosevelt and would be happy to help you find the perfect condo. ... more
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Fri May 3, 2013
Yuriy Goldstein answered:
Depends on many factors. Location, type of construction, materials used and so on. Can go to average $100 per sq. ft. but again depends on many factors.

Yuriy Goldstein
NYS Licensed Home Inspector
Lic.# 16000037742
... more
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Sun Feb 17, 2013
John Peitler answered:
Please call me. I have some apartments like this. My name is Tanuja and I can be reached at 347-882-0353. Thank you and good luck.
0 votes 11 answers Share Flag
Mon Apr 1, 2013
Vladimir Daskalov answered:
1 West 72nd Street was floor to ceiling windows and fireplaces in some of the units.
0 votes 3 answers Share Flag
Thu Apr 11, 2013
Adina Greenberg answered:
The description says Contract signed. I checked our system and it may be on the 11th floor. The pictures don't match, but the floor plan is the same. The listing broker has another apartment for sale on the 3rd floor, but that's not the same floor plan. It is a bit confusing.
There are a couple of listings available in the building, I counted 5 open houses. I think its best to have a look Sunday and check out the availabilities.
... more
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Wed Apr 22, 2015
Anna M Brocco answered:
Without much information....See the links below for the NYC Housing Preservation Department for helpful information. Also consider consulting with an attorney beforehand.
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Tue Oct 16, 2012
Nick Rafello, V.P. answered:

This is for INVESTORS ONLY. Tenants are currently paying $2500. per month.
0 votes 5 answers Share Flag
Thu Apr 11, 2013
Trulia answered:
Hi jkusa04,

That's a good question! You should work directly with an agent who can help you learn more about that specific property (and probably will know a lot about similar properties in the area). To find an agent, just click on the yellow button on the property's listing and you will be able to start a dialogue.

Please let me know if you have any questions or if I can help with anything else. I am happy to be a resource for you. Good luck with the search!

Ali, Trulia Voices Community Manager
... more
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Thu Mar 7, 2013
John Peitler answered:
I have some nice apartments that are pet friendly. Please call me. My name is Tanuja and I can be reached at 347-882-0353. Thank you and good luck.
0 votes 4 answers Share Flag
Wed Sep 26, 2012
Anna M Brocco answered:
According to the listing site, it appears that common charges are $1,181 per month.
0 votes 2 answers Share Flag
Tue Sep 11, 2012
Cynthia Dillon answered:
Cliff: The decline in value varies from market area to market area, however I would say that midtown east probably experienced a 10 to 15% decline in 2008-2009. Some of that is adjusting, but (again depending on location) in general, currant prices are at 2005 levels. That being said, there are highly desirable building that did not experience any drop in market value and have continued to trade at 2007 prices.

If you have specific properties that you would like me to research, I can give you a more specific answer, of course.

Happy to help.


... more
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