faq: Can I renovate my NYC Condo?
- 07/16/12 12:27 PM
Can I renovate my NYC Condo? As a NYC condo owner, You can renovate your NYC Condo as long as it is within building guidelines. It may not be as easy as you may think and certainly going to cost more than what you could do in a more suburban environment. Now that you are a condo owner, you have to live within the by-laws the building has adopted. One of those by-laws concerning a renovation is that any person you hire to come in and do work must be licensed, bonded and insured. Because work you are performing to … (10 comments)
faq: Can I do an inspection on my Manhattan Condominium Purchase? FAQ#10
- 06/09/12 09:45 AM
Can I do an inspection on my Manhattan Condominium Purchase? FAQ#10 The answer is that yes, you could bring in an inspector to do an inspection for your purchase of a Manhattan condominium purchase, but the practice is very uncommon. I understand that home inspections is a standard practice for any home purchase, however because we are looking at a NYC condominium purchase the process is a bit different. An inspector will typically not have access to any area's of the building other than that of the actual condominium so they won't have any ability to say if the building's heating … (2 comments)
faq: How to make sure my offer is binding when I buy NYC condos? (FAQ#9)
- 06/09/12 01:55 AM
How to make sure my offer is binding when I buy NYC condos? (FAQ#9) Many of our buyers are from out of town (different states in the US) or out of country (in different parts of the world), our market is not only competitive but very unique in its own way. Many buyers bring their own ideas and previous experiences of Real Estate transaction into this market place and soon realize almost nothing is like anywhere else in terms of purchase process. We are here to provide you guidance and education in terms of how to navigate through this unique … (1 comments)
faq: Who pays the agent's commission when I rent out my NYC condo? (FAQ#8)
- 06/08/12 12:21 PM
Who pays the agent's commission when I rent out my NYC condo? FAQ#8 We sell many condo units for our out of town investors, once the property is sold and closed, we will help the owners to find qualified tenants. Since many of our owners are not familiar with NYC condo market, they often ask who pays the agent's commission when they rent out their NYC Condo. This is not always definitive depending on what the market place is and how active the rental market is. In today's rental market, we are seeing majority of potential tenants pay for agents' commission. … (3 comments)
faq: Can I lease with option to buy in Manhattan condo? (FAQ#7)
- 06/08/12 01:43 AM
Can I lease with option to buy? Technically the answer would be yes. There is no law or rule in most condominium buildings that prohibits the ability to lease with option to buy. However the reality is that in our experience this happens very rarely in Manhattan New York.Most times a buyer who wants to lease with an option to purchase wants a "rent credit" as a part of their deposit for the purchase side. This type of scenario is very hard to negotiate for a Manhattan condominium.Another common practice for the lease with an option to buy is negotiating the price now, … (3 comments)
faq: Who pays for common charge + taxes when I rent out my NYC condo?(FAQ6)
- 06/07/12 08:10 AM
Who pays for the common charge and taxes when I rent out my NYC condo? (FAQ#6) You will continue to be responsible to pay your monthly common charge and taxes when you become a landlord for your NYC condo. A part of any lease application will be where you want any notifications or mail from the building's management to be sent to. It also helps to have a tenant that will gather any mail for you that continues to be sent to your investment apartment. Common charge bills can sometimes be paid electronically or automatic bill pay, making it easier to make … (5 comments)
faq: Will the Furniture come with my Manhattan NY condo purchase?(FAQ#5)
- 06/06/12 12:23 AM
Will the Furniture come with my Manhattan condominium purchase? The furniture does not convey in a Manhattan condominium purchase unless it is openly communicated that it comes with the apartment. If there is an option to purchase the furniture there will often be two prices, one with the furniture and one without. The spread between the two prices, may or may not reflect the actual replacement costs of the furniture and will include a convenience premium of being able to move right into the apartment without spending the time to furnish it yourself. Often when our buyer's want to purchase the … (6 comments)
faq: Is this a safe neighborhood or what's the crime rate? (FAQ#4)
- 06/02/12 09:24 AM
Is this a safe neighborhood or what's the crime rate? (FAQ#4)We work with many buyers that may not be familiar with all neighborhoods of Manhattan, they often ask us questions about the building and neighborhood, sometimes when we work with parents buying for children buyers, they are especially concerned about the neighborhood safety and crime rate. As a licensed Real Estate professional, we can not legally answer this question since we do not have the specific statistics or accurate data of each neighborhood's crime rate. Keep in mind that Manhattan New York is a city that almost never sleeps, on the … (4 comments)
faq: Can I rent my Manhattan Condo as Short Term Furnish Rentals?
- 05/29/12 10:59 PM
Can I rent my Manhattan Condo as Short Term Furnish Rentals? (FAQ# 3)The answer to this question it really depends on condo building's house rules you have purchased or looking to buy. We have many buyers that buy a condo as investment and we will secure a qualified tenant for them. Each of Manhattan New York buildings have their own house rules that outline all the regulations such as what is the minimum terms of a lease, pet policy, renovation policy and etc. Most of the condo buildings will required the owner to rent the unit minimum of 6 months to … (4 comments)
faq: Are any Parking Spaces for Sale in Manhattan NY (FAQ#2)
- 05/27/12 01:04 AM
Are any Parking Spaces for Sale in Manhattan NY?We work with many buyers that are from out of town or international buyers, in many parts of the country and world, it is very common to be able to purchase parking space since many drive to move from one point to the other, here in Manhattan, New Yorkers use subway public transportation, taxi cabs or car services to move around the city. Most of the parking garages in Manhattan NY are not for sale, they are on the monthly fee basis. The current going rate for monthly parking garage is about $500 … (5 comments)
faq: Can I put a washer and dryer in my Manhattan NY condo (FAQ#1)?
- 05/25/12 11:14 PM
Can I put a washer and dryer in my Manhattan NY condo (FAQ#1)? Many of Manhattan New York condos do not have its own washer and dryer within the unit. The building usually have central laundry in the basement or multi-floor of laundry room. Unless the condo is brand new construction and/or larger one/ two bedroom/three bedroom units in new construction, there is usually no private washer and dryer within the apartment. Most of the building that do not have washer/dryer within the units, the plumbing or venting may not be set up for having private washer/dryer for each owner. If the building allow the … (5 comments)
faq: How long does it take to close on a Manhattan NY Condo?
- 09/19/11 07:17 AM
We specialize in Manhattan New York condo market and well verse in all neighborhoods of Manhattan New York. As experienced Manhattan condo Real Estate agents, we compiled many other Manhattan NY Condos Frequent Asked Questions you can read here: (http://manhattannycondosforsale.com/tag/manhattan-ny-condos-faq/). These frequent asked questions will help educate buyers the buying process and the Manhattan New York Market. One of the frequent questions we receive is “How long does it take to close on a Manhattan NY Condo?” *To be specific, this question pertains to Condominium sales in Manhattan, NOT co-op sales. The closing process for a co-op is very different than a condominium sales.* How … (2 comments)
Licensed Real Estate Salesperson specialize in Manhattan Condominium market such as Resale Condominiums, New Construction condos and condops. We work with first time home buyers, foreign buyers, investors. We Specialize in neighborhoods: Upper West Side, Chelsea, Midtown West, Midtown East, Nolita, Lower East side, Greenwich Village, Soho, Union Square, Financial District in Manhattan.
Can I renovate my NYC Condo? 
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