Real Estate in NYC
49 East 129th street Coming soon to the market
Wed, 15 Aug 2018 10:52:34 +0000
A 9000 sqft 12 family will be coming soon to the market. The property was built in 2007 and has a 25 year tax abatement. There are 11- 1 bedroom apartments and 1 studio. All apartments are in very good condition and the building is fully rented. Rents range from about $1500 to $1900. Nearly … Continue reading 49 East 129th street Coming soon to the market
Two new high-rises on West 124th street
Tue, 14 Aug 2018 09:52:17 +0000
According to Patch.com plans have been filed for 2 new building to rise on West 124th street between 7th and 8th avenue.  Each will be 12 stories tall. The existing buildings will be demolished but no plans have been filed as of yet. The average size unit will be just over 1000 sqft and the total square … Continue reading Two new high-rises on West 124th street
Thinking of buying a Manhattan apartment for investment?
Mon, 13 Aug 2018 11:02:11 +0000
This is the 1st in a series of articles for buyers who are considering buying a Manhattan apartment as an investment.  I  once read an article where someone commented that NYC property is like a Swiss bank account for investors because it’s considered so low risk and certainly will go up in the future. But … Continue reading Thinking of buying a Manhattan apartment for investment?
361 West 116 street in contract
Sat, 11 Aug 2018 10:35:03 +0000
361 West 116th, an SRO building sold occupied without the certificate of no harassment has entered contract. The last asking price was $1,699,000 for this South Harlem townhouse. It had a renovated ground and 1st floor and 4 total bathrooms. The Author-  Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real … Continue reading 361 West 116 street in contract
Only 4 Harlem townhouses sold this year for $4 million or more
Fri, 10 Aug 2018 09:52:02 +0000
So far this year, only 4 Harlem townhouses have sold for $4 million or more. One of the four townhouses broke a record in when it sold in February of this year for $5.1 million. That was a renovated home at 72 Hamilton terrace.  Beyond that, there have been 3 other townhouses that sold for … Continue reading Only 4 Harlem townhouses sold this year for $4 million or more
382 Central Park west apt 4Y Just listed
Thu, 09 Aug 2018 11:37:59 +0000
A 648 sqft apartment with northern views has come on the market in the Olmstead condominium. The full service postwar building features a renovated lobby features, gym, and exercise studio where various classes are taught. Take a look at the video to get a sneak peak. The Author-  Brian Silvestry , a licensed real estate broker, has … Continue reading 382 Central Park west apt 4Y Just listed
How to pick a real estate attorney
Wed, 08 Aug 2018 11:42:02 +0000
Let’s assume you are doing a residential purchase or sale and need a Manhattan real estate attorney to represent you. How do you find one and what should your criteria be? Let’s take a simplified look at what they do first to assist the process. On a purchase, your attorney will review the proposed contract … Continue reading How to pick a real estate attorney
Upper west side 2bd/2ba condos under $2 million
Tue, 07 Aug 2018 10:29:12 +0000
According to a search on listings website Streeteasy.com, there are 42 condo listings on Manhattan’s upper west side with at least 2 bedrooms/2 bathrooms under $2 million. The largest apartment for sale in this price range is a 1400 sqft duplex and the listings include 16 listings for $1.7 million and under. The listings include two listings … Continue reading Upper west side 2bd/2ba condos under $2 million
How long does it take to go from contract to closing for a Manhattan property
Mon, 06 Aug 2018 10:32:45 +0000
Once you have an accepted offer, the contract review process begins. In an ideal world, this will take about a week but can often take longer, as the lawyers haggle over details of the contract like as is versus working condition or closing dates or what happens if there is a title issue…Once the contract … Continue reading How long does it take to go from contract to closing for a Manhattan property
Upper West Side townhouse report
Sun, 05 Aug 2018 11:23:36 +0000
The Upper West side townhouse market has seen increasing inventory over the last several months and fewer and fewer sales. In the last 3 months, 22 new listings have come on the market. Last 3 months # Sales Average/month Low price High price Inventory 8 2.7 3.9 million 9.25 million 24 months The next table … Continue reading Upper West Side townhouse report

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