Is There ANY Luxury One Bedroom Apartments With Laundry In The ROOM?
Dec 04, 2009 by L W | Posted in New York City
I am planning to move back to NYC and I scarceness a Luxury Apartment in Midtown Manhattan. Ideally, a 1 bedroom w/ washer and dryer in the room. Is this a pipe flight of fancy? I realize already that it's expensive. =] Thanks.
How Much Is Real Estate In Manhattan? I Assume People Can Buy Apartments Not Just Rent?
Apr 21, 2009 by PER92 | Posted in New York City
Especially the Upper West Side and other areas around Midtown well served by the subway.
If the prices are so expensive in every borough then how does the New York Urban district population of over 8 million people afford to live there? They can't all be earning over US$150,000 p.a.
Trusty you can both buy or rent apartments in NYC, in Manhattan or in any other borough.
Most apartments for sale are "co-op" apartments. That means that you are really buying shares in the corporation that owns the construction, and you get what is called a "proprietary lease" to live in your apartment. All the tenents jointly bridle the building through the co-op board.
The other kind of apartment you can own is a "condo". With a condo, you own the manifest apartment and the building is owned by the developer. The buidling is also governed by a board, which often has tenents on it, but the the greater part of the votes on the board belong to the owner of the building.
With a co-op, you pay "maintenance" fees, which file the real estate taxes and the payment for the underlying mortgage on the building, as well as upkeep for the structure. With a condo, you also pay maintence, but only for the upkeep on the building. The taxes are your own responsibility and the underlying mortgage is the obligation of the owner of the building. In both cases, of course, you will also have your own mortgage on your apartment. How high these maintainance fees are depends on how sumptuous your building is - does it have a doorman, for example?
On the Upper West Side of Manhattan, a two bedroom apartment could assortment from 800,000 dollars to just over a million dollars for a co-op. Condos tend to be a smidgen more dear. But of course, location and amenities effect the price a LOT. And you should also consider how high the maintainance fees are, since that will personage into your monthly costs tremendously!
Good luck!
PS: If you want a part of town that's a lot like the Upland West Side but cheaper, and you are willing to look outside of Manhattan, try Park Slope Brooklyn. That's where I physical. Park Slope is no longer a bargain in any way - prices have gotten just out of control here lately, but it is still cheaper than Manhattan. And I'm always surprised by how much the More elevated West Side and Park Slope are alike every time I visit the UWS! Two bedrooms here go for somewhere between 500,000 and 900,000. Lawful a suggestion.
Do You Have To Be Semi-rich To Live In The Village (section Of Manhattan), New York City?
Jul 01, 2007 by βread⊆ℜumbs™ | Posted in New York City
I was born and raised in Midtown Manhattan and have recently visited the Village and ate at a captivating French restaurant called The A.O.C.. I fell in love with the Village instantly and would like to be sure what kinds of jobs the people hold, who live there, and what types of salaries they are on in order to animate in the Village.
Also, how much is the average rent of a niceeee apartment there?
What is the average price of an apartment to buy in the Village too?
In my structure in Midtown Manhattan, the cost to buy an apartment on average is between $750k-$850k, sometimes more or lower, around $300k.
I am 17 and am very interested because I am looking to major in either Finance or Accounting in college and would like to know if a job in those fields (in N.Y.C.) would support a existence in the Village.
Any help/information would be great!!!
Note*: Please, only answer if you or someone that you know live/tempered to to live in the Village.
Thanks!
You can and should compare arrive rental and sales prices yourself on newyork.craigslist.org; the Sunday New York Times also prints many ads for apartment sales. A 1BR apartment in the significant part of Greenwich Village will run you at least $2000/month, probably more like $3000. To buy, a similar apartment will cost at least $600,000. With a commerce degree you may be able to get a Wall Street/investment banking job and afford that sooner rather than later. You might also over the East Village, where prices are generally lower.
From January through April of 2010, I was living in New York Conurbation to partake in a web development internship with a company in the Empire State ...
New York Burg Manhattan sunset panorama with historical skyscrapers over Hudson River with beautiful red color sunshine imputation viewed from New Jersey Weehawken waterfront.
$400,000-$500,000 for ~ 500 sq feet benefit 