There are many options for you on the upper east side in Lenox Hill and Sutton Place
As an east side resident for 28 years and a real estate broker for 21 years, I'm very familiar with the inventory of homes.
Feel free to contact me with your wish list and I can tell you about properties that could be your home.
Regards,
Marilyn Mayers
Lic. Assoc. RE Broker, Sr. VP
Halstead Property LLC
212.381.3211... more
There is! Feel free to call/email me to discuss if you are still on market or have further questions.
Neeta Mulgaokar
Licensed RE Assoc. Broker - Spire Group NY
734-945-0454
neeta@spiregroupny.com... more
An estate sale is a home and property that was owned by someone who is deceased. Usually the famiiy or heirs sell the possessions as the inheritance. My suggestion would be to make sure and attrorney is involved who understands that process. Thinks like Death Certificates and closing out of federal I.D's (social security etc) is very important.... more
There is no catch Hamna,
It traditionally means that on a one year lease your thirteenth month or in some cases, the twelfth month is free. You are still required to pay the first months rent and security up-front. Should you have other questions, I am happy to answer them for you.
Best,
Brooke Davida, SVP
The Corcoran Group
212-444-7847
Bzd@corcoran.com... more
Investor,
This building offers a wealth of amenities in the building. There is little in the ENTIRE city that compares in that respect. With that being said, what it will get on the rental market is a tricky question because of it's distance from the subway system right now.
That is always a huge factor for renters. If you are focusing on renters that work nearby (Medical professionals) than perhaps less so. Either way, you will need to be very educated on the market for rentals here. With vacancy rates so low, it is a very important thing to consider.
With the location as it is, it's still probably better to err on the conservative side with projected rental income for a few years, at least until that Second Ave subway is operational.
Best regards,
TOWN
45 Horatio street
New York, NY 10014
Office: 212 604 0300
Mobile: 917.423.5004
Fax 646.738.7415
E: rshumake@townrealestate.com
W: www.townrealestate.com... more
That price is oddly low for a 2 bedroom in that location in Manhattan, which suggests something is not quite right.
Others have speculated as to what could be wrong, it could even be a clerical error in the database.
Your best path is to ask a real estate agent ("broker") to help you find an apartment in your price range.
The vast majority of NYC apartment sales involve two brokers--one for the seller and one who represents the best interests of the buyer. I work as a buyer's agent (not all agents do). There's no need for the buyer to pay the broker, because by prior agreement sellers brokers share commissions with buyers brokers.
Karla Harby
Licensed Real Estate Salesperson
Rutenberg Realty
New York, NY
212-688-1000x146
kharby@crrnyc.com... more
From what I see, the rental market in Manhattan is really strong and prices are increasing. As an example, one of the landlords I am working with is now renting for 2200 1 BR apartments in a walk up that he was renting for 2150 just a few months ago. Also, if before it was possible to find some landlords that paid broker's fees - now the landlords do not pay commission, and tenants have to pay it because the market has changed. Even with these changes apartments rent really fast.... more
The maintenance fees for a co-op are higher, but keep in mind that
includes heat, water, taxes and the maintenance of the building. For a
condo it does not include taxes and some condos you pay for your own
heat as well.... more
Hi Eric, While some owners know their upcomping availablilities in advance, you will have a lot more options a month - month and a half before your desired lease start date. You should note that Manhattan is the fastest moving rental market in the World and you should be very well prepared and ready to move fast when you see a place that you like. I would be happy to assist you with your apartment search in Manhattan. You can also look check out available listings here
Elena Ravich
Rakita Realty
646 593 7207
elena@rakitarealty.com... more
If you feel the board is ureasonably/unhustly hostile towards you, you may wish to consult with an attorney who specializes in real estate; as for the agents apprehension, unfortunately brokers could be held liable for any problems that may arise in such a situation....... more
Not sure where the ad was seen; if it appeared on RealtyTrac, Keep in mind that RealtyTrac's information may not always be accurate and oftentimes can be misleading--you could be looking at a lis pendens property--notice of default--some of those properties may not be for sale yet, and some may never be, if the default is satisfied by the owner. If you are interested in foreclosures, work with an agent--he/she will have access to reliable information, as most of them end up being listed by a broker --also don't overlook traditional sales as some may turn out to be a much better bargain than some of the foreclosure properties. Be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously.... more
Being that this question was asked, and answered nearly one year ago, I just want to add a little update...
The upper east side still remains the best area for families with children (especially the upper east 80s), Real Estate investors and those who want the most value for the dollar. The price per square foot still remains considerably lower than the upper west side, which didn't see the same decline in property values during the economic downturn. The reason for this is most likely due to the fact that the upper east side is larger in area, offering more residential living options, hence the situation of supply and demand. I therefore advise anyone to consider the upper east side first, as the best neighborhood for an opportunity to make an apartment purchase, if value, and living in a safe, long-established neighborhood is important criteria to you.
When you shop for apartments in any neighborhood, upper east, upper west, etc., you should definitely have your own Buyer's Agent representing you. In case you are not already aware, Buyers' Agents work free with buyers because the sellers pay the commission. Also note that the Seller's Brokers work for, and represent sellers, in order to sell the apartments they represent for the highest price possible. If you look on your own, and respond to listings you find online, in the NY Times, etc., you are responding to ads that are placed by the Sellers' Brokers. If you should have any additional Real Estate questions, I am happy to help... I look forward to hearing from you.
Sincerely,
Lindsey Newman
Senior Real Estate Sales Associate... more
You have received very informative answers thus far. At the present time, I have a working relationship with a Seller's Broker, in order to represent the buyer, with their short sale property in the upper east side of Manhattan; so I speak from a point of real-world experience on this topic. I want to add something and emphasize a point that most apartment buyers don't seem to realize when apartment hunting. This info can wind up saving you a significant amount of money, and in the case of a short sale, time...
When you look at apartments that are on the market, and advertised as short sale opportunities, you really have to have your "comparable" homework done. The prices of apartments in a particular building, and neighborhood, will vary greatly. If you find a short sale situation, by way of the Internet in the form of ads placed by the owner, Real Estate Broker or bank, they will do very little, if anything, in order to help you discover the true value of the property. You therefore need to protect yourself by having your own representation, in the form of a Buyer's Agent. Just keep in mind that there is no cost to you associated with having your own Buyer's Agent, because the seller pays the entire commission.
Sincerely,
Lindsey Newman
Senior Real Estate Sale Associate... more
Realizing that this question was asked, and answered, quite a while ago, I just want to add one important piece of information that many should find informative...
The resources that are available on the Internet are a good starting point to look at property. However it is important to know that the properties that are being displayed are being done so because they are advertisements placed by the Sellers' Brokers. If a particular apartment isn't "priced well" in their opinion, it might very well be left out of their advertising campaign. To buyers, this may appear that these particular properties have been pulled from the market. However the reality is that the units may still be for sale, but are no longer being advertised. Also keep in mind that the Sellers' Agents represent the sellers who have contracts with them, and their loyalty lies with them because the seller is who pays the commission when the property is sold.
These are perfect examples of why as a buyer, it is important to have your own Buyer's Agent representation. A Buyers' Agent not only has access to resources that consumers do not, but the Buyers' Agent works 100% free with buyers. This is because the sellers pay the entire commission. If you should have any additional Real Estate questions, feel free to contact me... I look forward to hearing from you.
Sincerely,
Lindsey Newman
Senior Real Estate Sales Associate... more