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, therefore visit with any licensed loan officer; much will depend on the type of loan; each co-op is different when it comes to downpayment requirements therefore also consider working with an agent of your own. The referenced property is not showing as available on MLS, for available area properties check www.mlsli.com... more
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
Finding a home can be less stressful than you think.
We would be happy to provide you with a FREE service called Listing Book. Listing Book provides every property listed with the Multiple Listing Service.
We will set up an account that you will then own. Simply enter your search criteria and everything that matches your search will be delivered to your account.
If a property that is over your price limit is reduced into your range, you will be immediately notified.
When new properties are listed on the Multiple Listing Service that meet your search requirements, you will be immediately notified.
This service is free to you and does not obligate you to me or any other Realtor; you get to pick with whom you wish to work.
The minimal information we need to get you started is your full name, email address and $ maximum. You will control the rest.
Contact us at gail@GladstoneGroupRealty.com... more
Use a broker! There is no reason to not. They generally get there commission from the seller, thus no cost to you. Their knowledge, experience and negotiating skills will be invaluable to you. They will insure you not only get the right fit for your needs, but also insure you do not over pay. Happy house hunting!... more
Celtic Park consist of 749 apartments but no terrace. There are about 10 apartment with roof top terraces but they are rarely available for rent or sales. It's been more than 15 years since I've sold one or seen one sold and I've been dealing with Celtic and the Woodside/Sunnyside area for more than 26 years.
Berkeley Towers on 52 St and 39 Rd have lovely layouts and terraces plus ample closets, including walk-in closets.
Call me if you are interested - Paula 917 596 9419... more
You can check www.mlsli.com under the Find a Home tab and then by area-- you will see all currently available units by area--unfortunately most co-ops in the area do require 20% down, however there are some that require 10%--do keep in mind Boards have other financial requirements as well, therefore just because a complex may accept 10% down, does not necessarily mean you'll qualify Board requirements--financial requirements vary from complex to complex no matter the percentage down.... more
We don't predict the future, only God knows the answer to this question. What we can tell you is whether the area is generally stable as compared to other neighborhoods. The economic makeup of a community. The level of education, average incomes, family statistics etc. This is precisely why you should form a relationship with a respected realtor who is willing to invest the time and effort in providing you with the correct tools and information to assist you in becoming an informed buyer. People who do this really do better not only in their purchase choices, but in negotiating all the areas of pursuing the purchase of a property. This includes helping to pick the right lender, inspector, attorney etc. A trained monkey can point out a kitchen, living room, bathroom etc. But, proper guidance, and information to help you achieve your goals in invalueable, and requires a good deal of experience. An example I can give you, On a few occasions, couples came to me thinking that they wanted to purchase in certain areas of Queens. However, after listening to the lifestyle needs and wants they had, I showed and subsequently sold them homes in Long Island for the same amount monthly they would have spent in Queens with much larger properties in better condition then Queens and with community amenities (golf, swimming, parks and recreation, Libraries, etc.) they either couldn't find in the communities they were considering or would have had to pay a lot for inqueens.
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Joey, lets cross that bridge when we get to it. First make sure you have sat down with a bank and know how much loan you can secure and what the monthly payments will be. Next find a property you like and if you love it are ready to make I will gladly call the coop board and ask.
Hope this helps.
Given the current state of the market, it would be wise to avoid paying a premium for properties in outlying neighborhoods. The patterns of gentrification tend to follow subway lines. Sunnyside's growth is spurred by development in LIC along the V,G,7 lines whereas Bushwick/Ridgewood is supported by the explosive growth in Williamsburg along the L,J,M,Z lines. While you may be able to currently achieve slightly higher rents in Sunnyside, the glut of vacant condos and luxury rentals in LIC will have to filled before Sunnyside begins to experience significant appreciation. Bushwick on the other hand is already home to the angsty artist demographic that is the hallmark of an up and coming neighborhood. It is the same group that transformed Soho and Williamsburg. Given the choice between the two I would highly recommend Bushwick/Ridgewood. Especially with a 2-3 family property, you will be able to avoid dealing with rent stabilization laws and can develop your property according the the free market. I hope this information has been helpful. If you'd like some assistance in locating an investment property please feel free to reach me at email@example.com Good luck with your search!... more