Category Archives: Manhattan Short Sales Condos

The Visionaire 70 Little West Street Green Condos Battery Park city

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The Visionaire 70 Little West Street Green Condos Battery Park city

One of the most preeminent “Green” new construction condominium buildings in all of Manhattan, The Visionaire at 70 Little West Street located in Battery Park City Manhattan New York. Condos for sale at the Visionaire are located in a building that was given the first LEED “Platinum” certification, an extremely prestigious achievement. Located at 70 Little West Street in Battery Park City, The Visionaire condos for sale is geographically positioned with open southern and western views.

The Visionaire is 33 stories tall, has approximately 250 condos in the building and has a very distinctive curved facade.

The Visionaire condos for sale was awarded the LEED Platinum certification because the all encompassing green features including: An air filtration system that filters and circulates the air throughout the building and each apartment, a water filtration system that filters city water before entering each condominium apartment at the Visionaire, the usage of Eco friendly construction materials, just to name the few. The list of green features is exhaustive and every detail was thought of from top to bottom.

The amenities at the Visionaire condos for sale includes first a full time doorman and concierge. A fitness package including a sky lit swimming pool, steam rooms, a fitness center with accompanying rooms for yoga and group fitness. Resident amenities include a resident lounge with an outdoor terrace and catering kitchen. The roof deck on the 12th floor includes barbecues, roof top gardens and lawn area. A very popular amenity is the children’s playroom. A laundry facility is located within the building that complements the washer/dryer’s found in each apartment. Finally, valet parking services are available as is an electric charging station for those with an electric vehicle.

As you can see anybody looking for a condo for sale at the Visionaire is going to be well taken care of when they buy in the building.

There are a wide variety of sizes and prices for Condos for Sale at the Visionaire at 70 Little West Street NYC.

Studio’s range in size from approximately 600-750 sq ft and are priced in the range of $640,000-$750,000
One Bedroom’s range in size from 800-1000+ sq ft and are priced in the range of $850,000-$1,100,000
Two Bedroom’s range in size from 1200-1400+ sq ft and are priced in the range of $1,350,000-$2,400,000
Three Bedroom’s range in size from 1700-2000+ sq ft and are priced in the range of $2,000,000-$3,000,000

As you can see there is something for everybody who is looking to buy a condo for sale at the Visionaire at 70 Little West Street.

If you are interested at knowing what is currently for sale in the Visionaire Condos at 70 Little West Street, we can provide you with all information.

The Visionaire Condos for sale has sold extremely well as the preeminent Green Condo building in all of Manhattan.

Contact us today at (917) 837-8869 or email us at the form below.

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Manhattan NY Condos FAQ: What is a sales application for Manhattan NY condos?

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We are Manhattan New York condo specialists, often we are asked by our buyers of series of questions that are regards to the unique Manhattan New York condo markets. We will be answering these frequent asked questions and hope to help other buyers who are interested in buying or investing in Manhattan New York condominiums.

In Manhattan New York, over 15% of the housing inventory are condominiums, when a buyer purchase a unit within the condominium community, there are application to be completed. (with the exception of purchasing new development condos from the sponsor prior to condo board formed and in place.) Each building and condo management has different applications and processing fees. Every buyer whether they are buying as primary residence, second home, investment, will need to complete the ‘sales or purchase application’ when purchase Manhattan New York condos. There are processing and application fees along with the applications as well.

Here is example of a Manhattan New York condo purchase application from a condominium unit that we sold recently.

There will be reference letters required from the buyer, two years of W-2 forms & tax returns, and bank verification letters along with other documents. The sales application must be completed according to instruction or the sales can not move forward. In case of oversea buyers, there may not be tax returns or W2 forms, we can then discuss in details with condo management to find other items or documents to suffice that request.

Other than providing all the paperwork documents, please take note that there are a list of checks that must be submitted in order to process the application.  Each condo building has different list of fees but this serves as a sample for your record.

Each Manhattan New York condos has different sales or purchase application. We are familiar with the sales application process. If you or someone you know would like to buy or sell Manhattan New York condominiums, please call us directly today at (917) 837- 8869 or (646) 644- 6929. We specialize in Manhattan New York condominium market and have experiences selling Manhattan New York condos in different neighborhoods, do not hesitate to call or email us to see if we can be of help to you.

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Manhattan New York Short Sales Buyer Must Read

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Manhattan New York Short Sales is becoming a common phrase in Manhattan Real Estate market. Buyers should know the Short Sales Process and manage the expectation to what is required of them.

Feels like yesterday, Manhattan New York Real Estate was selling record prices in buildings such as 15 Central Park West and The Plaza Hotel.  Today, we are reminiscing those days where Foreigners are in town and buying High-end Manhattan Real Estate with not much of thoughts or aggressive negotiation.

Manhattan Short Sales is coming to New York.  As Manhattan New York Real Estate agents, we have been hearing a lot of short sales and bank owned properties surfacing all over rest of United States real Estate  market. Not only until recent 6 months, those short sales are starting to creep into the North part of Manhattan neighborhoods, such as Harlem, Riverdale and Inwood. Now you can find a short sale or two in newly construction buildings that were built in the last 5 years.

As experienced short sale agents, we handling Manhattan short sales for several distress sellers, all in new construction buildings, new construction buildings that were built and sold in the last 5 years. These sellers bought in a market where new construction were guaranteed to appreciate in value as long as you get into the sales office the first phase of the marketing process. The buyers were required to put down only 10 percent of the price, and they were granted a mortgage with almost any lender. So with a $1M property, the buyers were only required to have $100,000 + the closing cost to the closing table. Not too bad for a million dollar condo.

I am faced daily with questions by the buyers and buyers’ agents on the short sale process. It is important for me as listing agents to explain the process and different challenges we may encounter as we move forward. Managing expectation is a must.

Manhattan Short Sales Buyers:

  • Be Patient. If you need to move in immediately, this is not the one for you. The lender will take their time to review the short sale package and it is similar to a Co-Op board package, it can take anywhere from 90 days to 180 days from offer + short sale package submission to close.
  • MAYBE Deals but not Steals. If you plan to make an offer, please present your best and highest offer. Lender is absorbing the loss of this property, therefore the lender will want to minimize as much loss as possible. The BPO (Broker Price Opinion) or appraisal will show the lenders the most recent market comparables, the lender will not sell lower the fair market price. 
  • Best and Highest offer.  Short Sales processors at the bank that have a lot of cases to work on and documents to look and work through, our case is only one of a million, so make their work easy is the key to successful Short sale transaction. As a Short Sale listing agent, I will not put the seller in a position where the sale price is the reason that we do not receive an approval. Therefore short sales buyers, please do not expect the lender counter your offer. If you can not present your best and highest offer, we will be happy to keep your offer as a back up offer. The lender will rather say YES or NO, lender likes certainty, not maybes.
  • Cash MAYBE be the king. If you are an all cash offer, which most of our short sales buyers are. That is a plus. However, the lender are looking to absorb as little loss as possible, so just because the offer is all cash with no mortgage contingency, it does not mean that you will be approved compare to other higher offers that needs financing. Price is the most important concern for the lender.

We are Real Estate agents under one of the most successful Manhattan Brokerage firm Prudential Douglas Elliman with extensive market knowledge. In addition, we have the confidence and success rate in completing Manhattan short sales transaction. 

If you are an owner that is unsure if you are qualified for a short sale or already behind your mortgage payment, call us today at (917)837-8869 or email us  for a confidential conversation.