Monthly Archives: April 2011

The Charleston Condominium-225 E 34th Street New York NY 10016

The Charleston Condominium – 225 East 34th Street

The Charleston Condominium is a relatively new construction condominium building located on 34th Street between 2nd and 3rd Avenues.  This 191 unit, 22 floor condominium building was designed by SLCE Architects and is one of the only new construction condominium buildings in the Murray Hill neighborhood.

The Charleston is a full time doorman building, with fitness room, resident’s lounge including a kitchen.  A beautifully landscaped roof top deck with great views of the Empire State building and Manhattan skyline. A pet friendly building with it’s own dog run for the pet lovers.

Located near the Midtown Tunnel, this transportation friendly location in Murray Hill is within walking distance of the retail and entertainment options that have made Murray Hill a popular location.  The Charleston at 225 E 34th Street has a variety of new construction apartments available.  Studio’s, One Bedrooms, Two Bedrooms, and Three Bedroom Penthouses are all found in the building.

Many apartments have corner exposures with accompanying balcony’s in the larger apartments. Studio apartments for sale at the Charleston typically start in the $600,000 range, One Bedrooms start in the $850,000 range, Two Bedrooms start in the $1,250,000 range.

The Charleston was named after the original owner of site, Charles Benenson, who was well known as a New York City developer and art collector.  The developers who purchased the site bought it with the intention of naming their new building The Charleston, honoring the Benenson family and previous owner himself.

If you are intersted in find a condo for sale in Charleston-225 East 34th Street – Manhattan NY Condos contact us today at (917)837 8869. Or Email us here: http://manhattannycondosforsale.com/contact/

West 67th Street – Manhattan NY Condos

West 67th Street – Manhattan NY Condos

West 67th Street in the Upper West Side of Manhattan has some of the most popular Upper West Side Condos for sale available. This historic park block street is noteworthy for a number of reasons.  Bounded on the west by Central Park you will find the historically significant Hotel de Artistes residences, a co-op building, on Columbus Avenue you have ABC studios and 45 West 67th St.  The Millennium Tower at 101 West 67th Street and Park Millennium at 111 West 67th Street are found between Broadway and Columbus.  These two buildings have some of the most dramatic Central Park, Manhattan skyline, and Hudson River views available. These Lincoln Center Condominium Buildings make up three of the most desired buildings in the Upper West Side all conveniently located on West 67th Street.

101 West 67th Street commonly known as the Millennium Tower. Built in 1994 by the Millennium Partners Development Company. The residences at 101 West 67th Street have arguably some of the most commanding views of Central Park, the Hudson River and Manhattan Skyline from an Upper West Side Condo building. The Millennium Tower is a 56 story with a 80+ condominium residences, not too many apartments per floor.

111 West 67th Street known as the Park Millennium is the twin of the Millennium Building’s  at 101 and 111 West 67th Street.  These buildings have separate entrances with full time doorman and concierge services.  These are pet friendly buildings with on-site laundry facilities.  One of the defining features of these buildings is being so close to the Reebok Sports club.  The Reebok Sports Club is one of the finest exercise facilities in the entire of Manhattan. Features include a swimming pool, multiple floors of cardiovascular and weight training areas, multiple group exercise rooms with classes running throughout the day, basketball courts, rock climbing wall, an outdoor running track, outdoor deck along with personalized training capabilities.

45 West 67th Street was built in 1983 it is a 33 story, 175 apartment Lincoln Center Condo building.  One of the reasons why this building is so popular is because of the mix of apartments available within it, studios up to 5 bedroom combined apartments.  There are even some duplexes and penthouses with outdoor terraces available which is quite rare for a Lincoln Center Condominium residence.    There is a 24 hour doorman, concierge, valet services, laundry, private garden, and storage available in the building.

It’s no surprise that West 67th Street is home to some of the finest Lincoln Center condominiums for sale. This historic park block has access to everything the Upper West Side is known for.  Walking distance to the Lincoln Center, Central Park, shopping and restaurants are right at your fingertips.

If you are intersted in knowing what is for sale in any of these West 67th Street – Manhattan NY Condos contact us today at (917)837 8869

Manhattan New York condo frequent asked questions:

Manhattan NY Condos FAQ: How long does it take to close on a Manhattan NY Condo?

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 quickly you can close on your Manhattan NY Condominium purchase depends on a couple of different things.

  • Is it a New Construction condo or Resale Manhattan New York condo?
  • Are you buying it ALL CASH or FINANCING?

What kind of building you are purchasing in?

If you are buying a new construction condominium that has their certificate of occupancy and is completed enough that you can move in, then you could probably close within a couple of weeks once the contracts are signed, if you are paying cash for the property.  There is no condo application to submit or condo board waiver needed.  Your closing will depend on how quickly the attorneys can schedule the closing.

If you are buying a resale condominium all cash, then you will have to submit a condominium purchase application, a credit check will be completed, and the condominium board typically has a first right of refusal for the apartment and they must issue a waiver for you to be able to schedule a closing for the apartment.  So in this case the closing depends on how quickly you can submit the application (here is blog post we wrote about condo sales applications).  Often sales applications require some financial documentation, maybe reference letters, documents to be notarized, etc.  The longer it takes for the application to be submitted the longer it takes you to close on the Manhattan NY Condo.  Once the application is submitted the first thing the management company usually does are the credit and background checks.  Each management company works at a different pace, often they will say they have 5-7 business days, to complete the checks, which in reality can turn into 2 weeks.  Then they give the board the application.  Each building is different, but each building will have a certain amount of time they are allowed to review the application, often 3-4 weeks. The board might not take the full 3-4 weeks, sometimes they might issue the waiver in a week, but sometimes it could be the full amount of time.  Once the board issues the waiver for you to purchase then a closing can be scheduled. All in, you are probably looking at approximately 30 days-60 days once the contracts are signed until you can move into the apartment in a resale condominium.

How are you purchasing the Manhattan NY Condo? (All Cash vs. Financing)

An all cash purchase is always the fastest way to close on a Manhattan New York. This means you have all the funds for closing in the bank account, and/or the funds are in an account that can be wired/transfer to a New York bank account to issue the check.

If you are financing the purchase that is probably going to double the amount of time it can take compared to the cash option.  One of the big realities of getting financing for a Manhattan NY condominium in today’s lending environment is that the bank will not only be qualifying you as a borrower but they will also be looking at the building if they want to do a loan in the building.  The qualification of the building is going to be different for every bank.  One bank might be okay with doing a loan in the particular condo building and another may not, even though the banks are using the same information about the building to determine their desire to give you a loan for that building.

Qualifying the Manhattan Condo building is a process that will add time to the closing.  We have seen certain banks able to qualify the building and the buyer, do the appraisal, issue the commitment letter and have underwriting give a clear to close in 45 days from the time of contract signing, but we have also experienced when it takes more than 5 months for the bank to finally give the clear to close.

What also adds time to the closing when you are financing is that in a re-sale condominium building, the purchase application will often require the purchaser to submit the committment letter from the bank within the application.  As we have already discussed, once the application is in the hands of the board in can easily take 30 days to get the board’s approval.  Once the board issues the waiver that the buyer can purchase, then the bank will have the underwriters look at the buyer’s information again before they issue a clear to close.

As you can probably easily see, the process can become arduous and consuming very quickly because there are so many integral steps that have to be done one at a time when financing your purchase.

Conclusion:

Every buyer’s situation will be different and there is no one step by step map for every purchase.  Depending on what you are buying, how you are buying (all cash vs financing), and the building you are purchasing in will determine the approximate amount of time it will take to close.

If you want to know more about what to expect for your OWN situation, contact us today and we will talk to you about how long it will take for you to close on your Manhattan NY condominium. We can be reached at (917) 837-8869. Email us your specific questions or requirements here: http://manhattannycondosforsale.com/contact/

Other Manhattan New York Frequent Asked Questions:

Gramercy Starck Condo Spring 2011 Report

Gramercy Starck Spring 2011 Report-340 East 23rd Street New York NY 10010

Gramercy Starck Condominium located at 340 East 23rd Street has been very active in the sales and rental market so far in 2011.  If you are interested in Gramercy Starck,  looking to purchase or sell a Gramercy Starck Condo than this report will be very informative.

At the time of the publishing of this report there are 15 active condos for sale at Gramercy Starck. The range of the apartments is everything from a studio apartment for $540,000 up to a possible combined Sky House duplex for $5,100,000.  You have studio’s, one bedrooms, two and three bedrooms, skyhouse duplexes and a couple of penthouse condos for sale at Gramercy Starck.

  • Right now there are Three (3) studio condos in Gramercy Starck for sale ranging in price from $540,000 to $580,000.
  • The last Gramercy Starck studio to sell was a 16th floor South facing studio for $575,000
  • There are Five (5) one bedroom condos for sale in Gramercy Starck ranging in price from $799,000 to $975,000.
  • The last one bedroom to sell was a north facing 5th floor for $787,500.
  • There are two and three bedroom apartments starting at $1,595,000 up to $2,000,000.

If you are looking for one of the highly desirable Starck Penthouse or Sky House (duplex) apartments the pricing starts at $2,500,000 for the larger 2 bedroom sky houses and penthouses.  Contact us if you are interested in receiving the most up to date condos for sale in Gramercy Starck.

We are Gramercy Starck condo specialists, if you are a buyer looking to purchase a condo for sale at Gramercy Starck contact us today to receive an in depth analysis of what is available, what has sold, and when a new available condo unit comes on the market. Email us or Call us 917 837 8869, tell us your specific needs and we will put you on list and you will be notify if a unit becomes available that is suitable to you.

If you are an owner at Gramercy Starck and would like to sell, lease or buy another unit in the building, we can help. Contact us as we have successfully sold and lease multiple units for several owners in the building with our aggressive and creative marketing plan. Call us at 917 837 8869 or email us today.

To read more about Gramercy Starck Rentals and Sales:

  1. Gramercy Starck : January 2010 Report
  2. Gramercy Starck Rental and Sales Expert
  3. http://www.GramercyStarckRentals.com

Manhattan NY Condos FAQ: Does this Manhattan NY Condo have a Garage in it?

We are Manhattan New York condo specialists, we sell many Manhattan Condos to international and out of town buyers, a common Manhattan NY Condo question that always comes up is, “Does this Condo have a Garage in it?”


The answer is that not all Condominium buildings will have a garage, most will not. If  the Manhattan New York condo has a garage often the garage will be owned and operated by a separate company or vendor independent of the condo association. So if you own or rent an Manhattan New York apartment in the building, it DOES NOT automatically come with a parking spot.

In some Manhattan New York New construction buildings that have built in garages where you have had the opportunity to purchase your own parking spot.  When you buy a parking spot it will often be like purchasing any other “real property.” You will have monthly or yearly operating expenses to own it.  You could rent it out to other people just like an apartment depending on the rules of the garage.

Often what we find extremely useful is if you can gain access to the garage from within the building.  This is where we see some real utility of having a garage in the building.  Those days when you are dropping off groceries, luggage and you can go directly from the car to the condominium elevators and up to your apartment is a terrific convenience amenity to have at your disposal.

If there is a garage in your building but it is operated independently of the condominium association people ask if they get a discount for parking there. That answer depends on the arrangement the building has with the garage.  We would lean towards saying that probably not.  You will rent the space like anybody else, but the benefit is that being able to use a garage that is right next to or within your building will be very valuable especially on those cold rainy winter days when you are coming back from the airport or when your car is loaded with groceries.

How much will a parking spot cost? That is a very typical question and it really depends on the location and demand for a garage in the particular area you are looking in.  The price typically has a strong correlation to the pricing of apartments in the area.  Typically areas with a high demand for apartments will have an equally high demand for parking and therefore the price will reflect that high demand.  I have seen parking spaces be as high as $1000/month and sometimes as low as $200/month in certain parts of Manhattan.  The best way to find out is to just ask and you will quickly see what the pricing for your neighborhood will be.

Other Manhattan New York Frequent Asked Questions:

If you have a specific question about Manhattan New York condos, email us directly on the form below or call us today at (917)837-8869.

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The Chesterfield Condominiums Upper West Side New York at 186 W 80th St

The Chesterfield Condominiums Manhattan New York at 186 W 80th Street, New York NY 10024.

The Chesterfield Condominiums is located in the heart of the Upper West Side neighborhood in Manhattan at the SE corner of 80th and Amsterdam. Originally built in 1920 and converted into condominiums in 1988. The Chesterfield Condominium is 11 story, 91 unit building, elevator doorman building. One of the aspects that sets the Chesterfield Condominiums apart from many of the other buildings in the are is that it is a pre-war building. Many of the units also have different types of outdoor space, balconies, terraces, solariums.Chesterfield Condominiums New York City

Chesterfield Condominiums sits in the middle of all the Upper West Side has to offer. You are a short five minute walk to either Central Park or Riveride Park. A block away from the Natural History Museum, multiple subway stations and bus lines. Located on both a tree lined street and Amsterdam Avenue you can have the ambiance of the physical character of an Upper West block along with the practicality of being close to the neighborhoods amenities.

Apartments at the Chesterfield Condominiums range in size from studios up to 2 bedroom apartments. Prices range from around $425,000 for a studio and up to $1.4 million for two bedroom unit.

The combination of the location of this doorman condominium and its prewar character have made this a very desired location for many people looking for an Upper West Side condominium. Being close to famous Upper West Side institutions like Zabar’s and the Natural History Museum combined with the practicality of a doorman condominium make this a desirable location to own your own piece of the Upper West Side for your own personal enjoyment or investment.

If you would like more information about the Chesterfield Condomiums or other apartment buildings in the Upper West Side feel free to contact us at anytime. If you are interested in selling your apartment at the Chesterfield, contact us today for a comprehensive analysis.

For a complete list of the current apartments for sale at the Chesterfield Condominium or for condominium apartments for sale in the Upper West Side call Morgan Evans or Eileen Hsu at (917)837-8869 or (646)644-6929 for further details or email us through the form below:

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Manhattan NY Condos FAQ: Are the Manhattan New York condo Pet Friendly?

Manhattan NY Condos FAQ: Are the Manhattan New York condo Pet Friendly?

One of the most common questions we receive is regarding the pet policy in a condominium building.

The answer is that every building has a different pet policy. Most buildings will allow pets, but will have specific guidelines that outline if they allow both cats and dogs and the size and quantity of each.  Aggressive breeds of dogs are usually prohibited.

In Manhattan New York; if you have larger dogs(50 lbs+) there are only several buildings that will  be available to you. Some buildings do not allow any pets at all, but when you visit the building you will see some unit owners coming in and out of the building with their dogs.

This is typically because those pets had a “grandfather clause” and were already in the building prior to the most recent decision to change the pet policy in the building.

In looking to buy Manhattan New York condos, it’s very important to ask about a building’s pet policy before you start looking at apartments because a pet policy is not something that will be amended to your specific situation.  Unless the pet is a service pet that is required, no matter how much you like an apartment if the building has a strict no pet policy there is not much you can do to change it.

In Manhattan New York, most buildings will require you to use separate elevators and you must notify the building of the type of animal that you are have.  This is typically because of insurance reasons, but depends on building to building.

If you are looking at purchasing a Manhattan condominium and will be bringing your pet to the apartment even if its for just a few days a week, month or year let us know what type of pet and how many you have so that we can make sure the condominiums we will be looking at allow them.

LOOKING FOR YOUR OWN PET FRIEND MANHATTAN NY CONDOS? EMAIL US TODAY.

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Vanderbilt Condominium-235 East 40th Street New York NY 10016

Vanderbilt Condominium-235 East 40th Street New York NY 10016 Midtown East Condo.

The Vanderbilt Condominium at 235 East 40th Street is a long established Midtown East condos building.  Built in 1986 this 41 story 365+ apartment building has one of the best amenitypackages for all Midtown condos for sale.

235 East 40th Street has a health club called The Vanderbilt Club is the amenity floor found in the building.  There is a 75 foot long pool, sauna, jacuzzi, health club, basketball/racquetball court, both mens/womens locker rooms, table tennis and all attended by building staff.

The Vanderbilt Condominium is a full service building, with 24 hour hour attended lobby with doorman and concierge, attended package room and live-in super.  There is a full size laundry room and garage that can be accessed from within the building.

The Vanderbilt Condominium is one of the most desirable condo buildings in the Murray Hill neighborhood for a number of reasons.  The location near both Grand Central Station and the United Nations makes this highly valuable for the owners in the building  Located at 235 E 40th Street, this is one of the premiere Grand Central Station Condo buildings.

At the Vanderbilt Condo you have a variety of condos for sale.  There are studios for sale at Vanderbilt Condominium that start in the low to mid $400,000 range.  One bedrooms for sale at Vanderbilt Condominium start in the low $600,000 range for the smaller lower floor apartments and can go upwards of $900,000 for the higher floor with expansive Midtown East condominium views.  Two Bedrooms for sale in this Midtown East Condos location start around $1,300,000 and go up.  For a comprehensive and up to date list of the condos for sale at 235 East 40th St contact us today.

Vanderbilt Condos at 235 East 40th Street is one of the most desired Grand Central Station condos buildings. Whether you are looking to invest, rent, or live Vanderbilt Condos could be the location for you. Contact us (917)837-8869 today to see the building.

EMAIL US HERE: http://manhattannycondosforsale.com/contact/