Category Archives: Foreigner Buy Manhattan Condos

New York Columbus Circle Holiday Market

New York Columbus Circle Holiday Market

This unique market is at 59th Street at the intersection of Columbus Circle on Central West is one of the best places for holiday shopping and eating in all of Manhattan.

There are some of the best local artisans, bakers, jewelry and small gifts by over 100 local small businesses come together to form what has become an outdoor fair.

One of a few outdoor holiday market’s in Manhattan, The Columbus Circle Holiday market has what we consider the best location.  Right at the entrance of Central Park on 59th Street and Central Park West, you can shop, eat and entertain yourself and then walk right into Central Park.

There is a wide variety of shopping opportunities within the holiday market. There is something for everybody, it will give you the ability to buy for just about anybody on your shopping list and you can snack on some delicious food in the meantime.

Hours of Operation for 2012:

  • November 28th – December 24th, 2012
  • Monday – Saturday, 10:00am to 8:00pm
  • Sunday, 10:00am to 7:00pm
  • Monday, December 24th, 10:00 to 4:00pm

This is a must see and then walk over to the Time Warner Center to get warm and do some more traditional shopping or take a stroll in Central Park.

The Christmas Tree at Rockefeller Center

The Christmas Tree at Rockefeller Center

If you only have few hours to sight seeing in Manhattan New York, we would recommend you to go see “the tree”. Every year, many visitors come to Manhattan New York to see this Christmas Tree at Rockefeller Center.

Here are some interesting fun facts about this spectacular tree:

  • It’s a Noweigan Spruce
  • The tallest tree on record was in 1999, 100 feet tall (2012 Height-80 ft)
  • The star on top of the tree since 2004 weighs 550 lbs
  • The tree is donated every year
  • The estimated cost of the tree is $73,500
  • The 2012 Tree survived Hurricane Sandy from Flanders, New Jersey

If you’ve made it to the Christmas Tree at Rockefeller Center you will also be able to see the ice skating rink, the window displays and decorations along Fifth Avenue, and will have the opportunity to do some world class shopping along Fifth Avenue.

Seeing the Christmas Tree at Rockefeller Center is also a FREE event, no admission necessary.

Eileen Hsu 許雅嵐, Chinese Mandarin Speaking Real Estate Agent NYC

大家新年好, 我是Eileen Hsu 許雅嵐, 你也可以稱呼 我Eileen. 我是在曼哈頓做地產的經紀人 (Chinese Speaking Real Estate Agent).

今天您如果要在這裡投資, 或著說幫孩子買房子, 請您跟我來電, 我們可以詳細的談, 我的電話是646-644-6929. 我會馬上給你們回電.謝謝!

下面是其他重要的文章中的信息:

曼哈頓交易問與答:怎麼在紐約房地產界出價?

曼哈頓交易問與答:誰能幫我維修公寓?

400 Fifth Avenue New Condo Two Bedroom Two Baths

400 Fifth Avenue is one of the newest condo building on Fifth Avenue. There is a luxury five star hotel from first floor to 30th floor, and the condo residences starts on the 31st Floor.

This 2 bedroom, 2.5 bath residence has Eastern Exposure of the Manhattan cityscape and East River, the building facade has one of the kind diamond angled windows which enhance the light, air and view from each room. The condo residences has black oak flooring, Miele kitchen appliances, a Subzero refrigerator and Mont Blanc stone countertops.This building is developed by Bizzi & Partners and designed by Gwathmey Siegel with interiors by DAS Concepts Inc.

This unit is current now SOLD AND CLOSED, but there are other residences available for sale. Contact us today (917)837-8869 or email us for most updated available units.

We are Manhattan Condo specialists, whether you are looking for a new construction on Fifth Avenue, or a condo with Central park or Empire State building view, we can help. Contact us (917)837-8869 so we can discuss in detail of what you are looking for.

Mandarin Chinese Real Estate Agent NYC-Eileen Hsu

I am a bilingual, Mandarin-Chinese speaking Real Estate agents here in Manhattan New York, I have worked with many international students in Manhattan New York in buying their NYC condo during their study or work duration in Manhattan New York. Before we begin home search, I make sure that both the parents and the children has a good general idea about the local Real Estate market, purchase procedure and the help them find the most suitable condo for their needs.

We work with many parents buying for children in Manhattan New York, not just Chinese buyers. Whether if you are looking for a Mandarin Speaking agent or NYC Condo agents that have experiences helping parents Buying a Manhattan New York Condo for children, we are the experienced Manhattan Condo specialists that can guide you through this process and navigate through the Manhattan Real Estate maze.

It is common that many of parents we have work with have purchased properties in other parts of the world or United States, but keep in mind that Real Estate is unique and local, each area has their own set of procedures when it comes to buying Real Estate.  Understanding the local market with the market expert can maximize your investment goal and eliminate any possible issues that may occur.

We thoroughly explain the process and prepare our buyers before begin home search, we have a team of attorneys, accountants, financial advisers and/or other parties to assist the purchase. If you are looking to have a smooth Manhattan Condo purchase, we can help. contact us now at (646)644-6929.下面是其他重要的文章中的信息:

Parents Buying NYC condos near NYU- New York University

International students’ parents buy Manhattan NYC Condos

曼哈頓交易問與答:怎麼在紐約房地產界出價?

曼哈頓交易問與答:誰能幫我維修公寓?

————————————————————————————————

大家好, 我是Eileen Hsu 許雅嵐, 你也可以稱呼 我Eileen. 我是在曼哈頓做地產的經紀人 (Chinese Speaking Real Estate Agent). 今天我們談一談父母親幫孩子買房子有什麼幾點要注意的.

第 一點是, 紐約這邊的房員有百分之八十五是合作公寓, 如果您在網上看到的話就是叫做coop. 另外一種是condo. 那condo是什麼呢? Condo的話,就是有產權的房子. 有產權的房子對我們華人來講是比較方便的, 因為可以自由的出租或者說是轉賣, 不需要委員會的同意或者批准, 只是有些表格要填, 讓他們通過而已. 那如果我們今天要來買房子, 幫孩子買, 大部分的華人是買condo的. 因為這樣子如果孩子以後就職在別州或者是離開紐約, 可以當作一個投資的機會來出租.

還 有,第二點是時間上的關係, 如果說今天您是, 現金買 成交最快也是要四十五到六十天, 四十五天是最快的, 如果你們今天錢已經準備好了在銀行在美國的戶頭. 如果說今天是要貸款, 貸款的話時間就不能掌握了! 因為現在紐約貸款是非常非常的麻煩, 除了貸款人自己要有資格, 第二點銀行還要審核每棟樓,每棟樓都要經過銀行的同意,或者是批准才能借錢. 像過去兩三年前,  只要是您要借款, 你要借錢 ,銀行就願意借給你.

今天您如果要在這裡投資, 或著說幫孩子買房子, 請您跟我來電, 我們可以詳細的談, 我的電話是646-644-6929. 也可以麻煩您打個 e-mail 給我 我會馬上給你們回電好嗎 謝謝!

Condominiums near Central Park on the Upper East Side

Condominiums near Central Park on the Upper East Side is a specific and focused search.  The overwhelming majority of the apartment buildings both on Fifth Avenue, Madison Avenue and Park Avenue are all cooperative buildingCondos near Central Park in the Upper East Side is going to look at a select group of buildings.

A question may be, why purchase a condominium near Central Park when I could buy a co-op apartment when there are so many more of them available? The answer is usually quite simple, that the co-op purchase process for an apartment on Fifth Avenue, Madison Avenue or Park Avenue is going to be quite specific as to the financial and personal documentation including the board interview and approval process that will be necessary to buy into those buildings and if you buy into a condo near Central park in the Upper East Side you will be able to circumnavigate the board interview and approval along with much of the more intensive documentation requirements.

Along Fifth Avenue on Central Park, the condominium buildings include 923 Fifth Avenue, 817 Fifth Avenue, 1049 Fifth Ave-(by address, building entrance located on 86th Street), 995 Fifth-(condop building, The Stanhope Hotel), 1280 Fifth Avenue, just to name a few.

There are a number of mid-block condominium buildings in what were once mansions now converted to condominium buildings. These condominium buildings are typically smaller more intimate, often with no doorman, yet usually have all of the pre-war characteristics that are highly desired.

Along Park Avenue, still close walking distance to Central Park a number of condominium buildings are available. The other feature that is typically unique to these buildings is that you will have a few that are a lot taller than their surrounding buildings, giving the higher floor apartments tremendous views of both Central Park and the city skyline, buildings such as 900 Park Avenue or 502 Park Avenue both have Central Park views from the higher floor apartments.

Condos near Central Park on the Upper East Side Pricing:

Except the price to start in the $2,500 sq/ft range and go up from there depending on the unit. Central Park facing units will be commanding a premium along with certain Fifth Avenue and Park Avenue buildings that will also be priced at a premium.  For the fully renovated, higher floor, optimum views, outdoor space you could be looking at a range of $4,000 sq/ft+ for certain apartments that have truly unique characteristics.

Since September of this year, there have been approximately Seven (7) closed condominium/condop sales between Fifth Avenue and Park Avenue.  The average price per sq ft for those apartments was approximately $3,700 sq/ft.  The price range was from $3,850,000 to over $23,500,000.

With these types of sales and the range being so wide it’s extremely important to recognize the most relative comparable’s often found in the same building if you have any, the same type of view, size and condition.

If you are interested in knowing more about what is available for a condominium near Central Park on the Upper East Side, call us today at (917)837-8869 so we can discuss your interest and find the suitable Condominium near Central park on the Upper East Side for you.

New York Central Park New Construction Condos

New York Central Park is one of Manhattan’s most popular destinations and for good reason. Designated a National Historic Landmark, Central Park provides some of the most iconic New York City views available.  Lining Central Park are arguably Manhattan’s most coveted and prestigious residential buildings.  Living right on Central Park is never easy, first is the pricing and second is that the majority of the buildings with Central Park frontage are co-operative in structure.  For those looking for that ease of purchase and flexible style of ownership a condominium is the primary choice.  Very few condos are located on Central Park, and even fewer are new construction condos.  Every new construction condominium on or near Central Park has sold out very quickly and that looks to continue that trend.  Some of the most recent successful new construction or condo conversion apartment buildings have been 15 Central Park West, The Plaza Hotel, and the Time Warner Center-25 Columbus Circle and 80 Columbus Circle.  These buildings sold well and continue to do so.

There are a number of new construction condos near Central Park that are currently being sold or in the process of being constructed. These buildings include the Laureate at 2150 Broadway, just two blocks from Central Park in the Upper West Side, 1212 Fifth Avenue on the northern part of Fifth Avenue along Central Park, One57-a new construction building located across from Carnegie Hall on 57th Street, noteworthy for it’s 90 story plus tower that will have commanding views of Central Park and the entire island of Manhattan.

Being near Central Park in any direction is desirable, Central Park South, Fifth Avenue or Central Park West are all home to a variety of amenities and neighborhood features.  The access to restaurants, museums, shopping and entertainment are all at your fingertips.

Along Central Park West, the new construction condos include 15 Central Park West and Time Warner Center- buildings. Expect pricing for any of these apartments to start in the $6,000,000 and up range, with the Park Facing units to be priced considerably higher.

The building known as One57, is being built by the real estate development company Extell and marketed as a premiere luxury condominium building.  Designed by Christian de Portzamparc and located on 57th Street between 8th Avenue and 7th Avenue, this building is scheduled to be 90 stories.  Pricing is planned to start at approximately $5,000 sq/ft and increase from there for the higher floor units.  The views from this building are going to be spectacular.
New Construction condos near Central Park do not come available that often as the development for them is scarce and quite competitive.  Every condominium built in the last decade near Central Park has done well.  If you are interested in a new construction condominium near Central Park and would like to discuss what you are looking for, contact us directly today at (917)837-8869.

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Greenwich Village Condos-How much is one bedroom in Greenwich Village?

Greenwich Village Condos for Sale are highly desired for a number of reasons.  First being that Greenwich Village is in the heart of downtown Manhattan.  A central location with a long established neighborhood community.  Greenwich Village is commonly the quintessential neighborhood when people think of New York City.  Greenwich Village Condos for sale are also highly desired because they are hard to come by.

The neighborhood itself is made up mainly of pre-war cooperative type buildings, meaning that the supply of Greenwich Village condos for sale is always limited.  This low supply of condominium buildings and consistent and high demand for condominium buildings has created one of the best long term investment purchases you can find in all of Manhattan.

One of the common questions we receive is “How much is a one bedroom Greenwich Village Condo for sale Cost?” It’s a fairly simple answer as there aren’t that many 1 bedroom condos for sale in Greenwich Village, however depending on what you are looking for the prices will vary.

If you are looking for a new construction or recently renovated building in Greenwich Village you are in luck.  New construction condominium and Greenwich Village is not something that comes up too often as it’s extremely rare.  But there are some recent buildings that have come available.  The two buildings that come to mind are 28 East 10th St-The Devonshire House and 130 West 12th Street-a recent condominium building.  Both buildings are going to have a distinct pre-war feel.  They are full time doorman buildings with top to bottom renovations.

One Bedrooms at 130 West 12th Street which just started selling are priced starting at $1,400,000 and went up from there.  Every single 1 bedroom condo for sale at 130 West 12th St that was made available by the sponsor is already in contract.  In fact most of the apartments made available by the sponsor have already gone into contract.

One Bedrooms at 28 East 10th Street-The Devonshire House, all sold out very quickly much like 130 West 12th Street.  At the time they came on the market the price range was approximately $1,150,000-$1,600,000.

If you are looking for a typical re-sale condominium 1 bedroom condo that is where you are going to find the majority of the inventory.   A number of factors make a lot of difference for pricing in a Greenwich Village condominium building.  The factors include condition-there is a large premium and demand for renovated apartments, pre-war or post-war buildings- Pre-War buildings are quite rare and the 1 bedrooms for sale in those buildings sell at a premium because of the built in scarcity, and always size and exposure of the apartment.  Higher floor apartments are always going to sell for more because of the quality views and light that comes with it.  Every square foot matters a lot in Manhattan, the larger the apartment the more expensive it’s going to be.

Pricing for a one Bedroom Condo in Greenwich Village is typically going to start around $800,000 and easily approaches $1,500,000 for the larger more renovated pre-war apartments.  The average price is going to be around $1,150,000 and will start to go up or down depending on what exactly you are looking for.

If you are looking to purchase a One Bedroom Greenwich Village Condo either for yourself, a child attending one of the near-by universities, as a pied a terre or investment property, you can contact me today at (917) 837-8869.  We are very familiar with the real estate market in Greenwich Village for condominium apartments and can help you with your search.

Greenwich Village 1 Bedroom condos for sale is a driven market, the best apartments are selling quickly, we can be contacted at (917) 837-8869 or email us by clicking this link http://manhattannycondosforsale.com/contact/.

Koreatown Manhattan New York neighborhood

Koreatown, or commonly referred to as K-Town is a neighborhood in Manhattan generally agreed to be located between Fifth and Six and Avenues from 31st Street to 36th Street. Essentially the location is between the Empire State building and Herald’s Square next to Macy’s in the Midtown Manhattan area. Koreatown is known more as a business district more so than a residential neighborhood.  However there are a number of very popular condominium buildings near the Koreatown neighborhood.  These condominium buildings include 325 Fifth Avenue, 400 Fifth Avenue, 425 Fifth Avenue, 445 Fifth Avenue, 100 West 39th Street, 350 West 42nd Street, just to name a few.

This neighborhood is anchored by what is known as “Korea Way” from 5th to 6th Avenue on 32nd Street. This is the heart of the Koreatown neighborhood.  What this street may lack in cumulative size it more than makes up for in concentration of stores and restaurants.  Known as a 24 hour destination for eating, shopping, relaxation and entertainment you will find Korea Way as a lively and spontaneous destination.  Whether you are looking for both traditional, regional or other combination varieties of Korean food you will find it on Korea Way.  If you are looking for salons, night clubs, bakeries, restaurants, shopping, internet cafes, hotel accommodation, you will find it all on this street.

The Koreatown neighborhood is a neighborhood of close proximity to many of the major tourist attractions in Manhattan, primarily the Empire State building along with the flagship Macy’s store. This combination and general proximity to the Midtown business district and many residential condominiums along with transportation to any location in the city have made the area quite popular.  Very lively with distinct personality, Koreatown is a developing neighborhood as new hotel and condominium buildings continue to be built in the surrounding area.  Whether you are looking for Korean food anytime of day or for hotel and residential accommodations this neighborhood will deliver.

If you are looking for a condominium for sale in the area the anchor buildings along Fifth Avenue or closer to Times Square are very popular. These Fifth Avenue Condominiums for sale include 325 Fifth Avenue, the newly built 400 Fifth Avenue, 425 Fifth Avenue and 445 Fifth Avenue.  These buildings all possess condos for sale that have tremendous views of the Empire State building and Manhattan skyline from their higher floors.  The newer condominium buildings such as 400 Fifth Avenue and 325 Fifth Avenue have a combination of amenities and high end finishes that are highly desired. 

Contact us today (917)837-8869 if you are looking to purchase a Manhattan New York condo near Koreatown.

Read about other exciting Manhattan New York neighborhood by visiting links below:

East Village

SoHo

Gramercy

Financial District

Murray Hill

Midtown

Central Park South

Condo owner Checklist-AFTER THE CLOSING

We always like to provide our new condo owner this checklist to ensure they are organized with their important documents.  After the closing, besides all the excitement of decorating a new apartment and setting up new electric/TV/cable account, we would like to remind new condo owners to organize important documents that pertain to their recent purchase for possible future use such as tax filing, refinance, resale and etc.

Here are some of the important items:

  • Condo sale and lease application – If you have completed a condo sales application. It is a good idea to keep a copy of what you submitted to the management.
  • Offering Plan/Amendments/House rules and financial statements of the condo – at the time of the condo purchase, the attorney represented you had completed their due diligence of the building, the attorney should have given you these documents at the time of closing. If not, ask the condo management for a copy.
  • Closing Statement of this condo purchase – any documents you have signed at the closing, you should keep a copy. Most of the buyer’s attorney will send you a closing statement package with the deed of the property and other related documents you have signed.
  • Loan application and Lender documents – This will be very useful if you financed your purchase for future resale or refinance.
  • Home owner Insurance Certificate – If you obtain home owner insurance, make sure you have a copy of the certificate and insurance agent’s contact information.
  • Lastly, a list of all the parties that participated in the purchase of your new condo- this list should have name and contact information of: Buyer, Seller, Buyer attorney, Seller attorney, Bank attorney, Mortgage banker, Bank name, Buyer’s agent, Seller’s agent and anyone else that played a part of this successful purchase.

Call us now (917)837-8869 or email us if you have questions about Manhattan New York Real Estate.

Other very helpful articles if you are thinking of buying a Manhattan New York condo:

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Foreign Nationals Financing in New York city

If you are an international buyer, foreign national looking to purchase investment condo or property in New York city, now there may be financing option available to you. The borrower should meet the following requirement in order to qualify. This is offer (updated on October, 2011) through Douglas Elliman Capital Mortgage company.

Below are basic requirements, each borrower will have very specific list based on individual:

  • $450,000 minimum loan amount, $3,000,000+ maximum loan amount 40% minimum down payment
  • 18-60 months post closing reserves are required, depending on loan amount
  • Borrower must establish an escrow account equal to 9 months PITI
  • Borrower must establish a second account designated for automatic loan payments
  • Income documentation required
  • Eligible property types include co-ops, condos, single family homes
  • Title may be held in the name of a corporation
  • 75 day rate lock
This means the minimum sales price of the property will be about $750,000 or more. Most of the Manhattan New York housing products are eligible for this program, and as many of our Foreign international buyers, they prefer to held title in limited liability corporation (LLC) which this is possible too.

**WE ARE NOT MORTGAGE BROKERS**, we are Real Estate agents that are have successful experiences working with foreign international buyers in Manhattan New York. We work with mortgage professionals that can provide financing for you if you are seeking financing. Call us today (917)837-8869 to discuss your Manhattan New York Real Estate purchase.


Here are more helpful articles for Foreign nationals buying in Manhattan New York:

  1. Can Foreign international buyer buy a Manhattan NYC condo?
  2. Foreign Buyer Frequent Asked Questions
  3. Use Local Expert for you Manhattan New York condo purchase
  4. How to determine a good Manhattan New York condo investment

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Buy a Manhattan NY Condo as first time investor?

Do you know How to Buy a Manhattan New York Condo as first time investor?

We are full time Real Estate agents that focus on Manhattan Condo market, we help finding NYC condos for first time investors, first time home buyers, parent buying for children and international buyers buying in Manhattan New York.

Buying a Manhattan New York Condo as first time investor, you should ‘play it safe’, do not over leverage yourself. If you are planning to buy the condo all cash, that is always desirable when presenting offers to condo sellers. Keep in mind that you should have enough equity in case there is an increase in monthly carrying charge for this condo or other misc mishappens. If you are planning on financing this investment, be sure to speak to alocal Manhattan lender that is familiarize with the market, the lending rules, and the mortgage products that may be suitable for you. We can recommend you a reliable and knowledgeable Manhattan mortgage consultant or You may have a bank that you are currently banking at, you can ask them to refer you a Manhattan branch mortgage banker as well. As an investor, the mortgage interest rate will be slightly higher than others, it is important to keep that in mind when figuring out your monthly expenses.

As a first time investor, buying a Manhattan New York Condo you should have a clear goal of what you plan to achieve in this investment. Is this a 5 year Real Estate plan or 10 year Real Estate plan? Why do you feel is the time to invest? Are you going to have a tenant in place the entire duration or only part of the time. Have you discuss this with your accountant to understand how to structure this transaction to receive the most tax benefits or possible tax complications?

Buying a Manhattan New York Condo as first time investor, team up with us, the experienced Manhattan Condo specialists that can guide you through this process and navigate through the Manhattan Real Estate maze. Whether you are a first time Real Estate investor, or an investor that have bought and sold multiple properties in other parts of United States or country, we can help.  Understanding the local market with the market expert can maximize your investment and avoid any possible problems down the rule. Many of our past clients are first time investors, they have bought many Manhattan condos under our guidance and continue to do so because we have developed a Real Estate plan for them. If this is something you are interested in,

contact us now at (917)837-8869.

Or contact us:

http://manhattannycondosforsale.com/contact/

Manhattan New York condo buyers frequent asked questions: