Category Archives: Manhattan NY Apartments Infos

242 East 25th Street New York NY 10010

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242 East 25th Street New York NY 10010

242 East 25th Street has positioned itself as a very desirable condop building in the Kips Bay neighborhood. Located on 25th Street between 2nd and 3rd Avenue, 242 East 25th Street, is one of just a few new buildings in the Kips Bay area.  Close to both Murray Hill and Gramercy Park neighborhoods many buyers have found this building to be a great addition to the condominium inventory.
242 East Street is a condop building.  A co-op structure, but with condo by-laws make the building investor friendly, no board approval, pet friendly, with flexible purchase terms. It is a relatively new building, built in 2005, a part time doorman(currently 7 days a week-8am to midnight) live in super, fitness room, roof deck, storage, elevator building. The building is 13 stories tall and has 54 units, making it a well sized boutique building for the neighborhood.
The first half of 2012, saw 3 sales occur at 242 East 25th St, and one is still currently in contract.
Two One (1) Bedroom Apartments closed this year: Apartment 5B and 7B, closed for the same price, $540,000.  Both Southern Facing units, with excellent light are nicely sized units with open kitchens and washer/dryers within the unit.
Our team sold apartment 5B, very quickly, receiving an offer within the first 3 weeks of the apartment coming on the market.
One Alcove Studio closed this Year-Apartment 8C closed for $410,000.
There have been multiple sales this year and late last year that have taken a very long time to sell, more than 6 months on the market.  The conventional wisdom is that the longer something sits on the market the more likely the buyer will push to negotiate and lower price the seller will ultimately see.
Pricing correctly at the beginning will give the best opportunity to maximize the price and this is why we have had continued success selling apartments at 242 East 25th Street.
We have sold multiple units in 242 East 25th Street this unique condop in Kips Bay neighborhood of Manhattan New York. For most updated availability or questions about this condop, contact us at (917)837-8869 today.

Superior Ink at 400 West 12th Street West Village New York

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Superior Ink at 400 West 12th Street is consistently agreed upon as one of or the most desired West Village Condominiums for sale buildings.  Completed in 2009, Superior Ink was developed by one of Manhattan’s most respected development companies, Related Companies, and designed by one of the most well received architects, the Robert A.M. Stern architects, Superior Ink Condominium was well received by the Manhattan real estate market.  Located in the West Village facing the Hudson River, Superior Ink is a mid sized building, but large for the West Village, at approximately 50 condominium residences and about a half dozen townhouse residences located on Bethune Street.

Superior Ink Condos for Sale is made up of a 17 story Tower that directly faces the Hudson River and 7 townhouse residences on Bethune Street. The 17 story tower houses the condominium residences and many of those apartments will directly face the Hudson River with unobstructed views.  Superior Ink is one of just a few Green Condominium Buildings in the West Village with the LEED Silver certification.  The LEED certification was earned through the building having both energy efficient management systems and energy efficient elements throughout the apartment.  Any buyer looking to buy a Green Condominium for sale in Manhattan would be inclined to look at Superior Ink Condominium residences.

One of the attractive features of Condos for Sale at Superior Ink is its amenity package. First starting with the full time doorman and concierge services.  The Related Company has a well deserved reputation for its excellent service and trained staff.  The fitness area’s within Superior Ink Condominium are second to none.  The state of the art fitness center includes an additional yoga and Pilates room. There is a children’s playroom, screening room, residents lounge with catering facilities, private storage and bike room.

An amenity that is not to be missed is the building’s own garage with direct access to the building’s residences, valet parking is also available at the full service garage. With a parking space, you will have both the convenience of being able to drive directly into the building and also the additional privacy and security that brings.  Very few condominium buildings in the West Village and downtown Manhattan have such a feature.

Something worth noting is that the townhouse residences at Superior Ink also have the full access to all of the building’s amenities.  So you have the rare combination of town house living but the added convenience of the benefits of a full service condominium.

Features of the condominium residences for sale at Superior Ink include 10-12 foot ceilings, thoughtfully designed layouts with the extremely high level of finishes that you would expect in such a building. The residences were designed to take advantage of the West Village location.  Views of the Hudson River from the energy efficient floor to ceiling windows.

After the building sold out quickly, there have not been too many resales at Superior Ink Condominiums, a sign that once you own there you never want to give it up.  However when apartments do come on the market they typically sell very quickly.  Here is a breakdown of typical pricing for Condos for Sale at Superior Ink Condominium:

Studio Loft’s for Sale at 400 West 12th Street: Range in Price around $1,800,000
One Bedroom‘s for Sale at Superior Ink: Range in Price around $3,000,000
Two Bedroom‘s for Sale at Superior Ink Condominium: Range in Price from $4,000,000 to upwards of $10,000,000+
Three Bedroom‘s for Sale at Superior Ink: Range in Price from $5,000,000 to upwards of $15,000,000
Four Bedroom and Larger Condos for Sale at Superior Ink: Price upon request

If you are interested about knowing what is currently for sale at Superior Ink Condominium, contact us today at (917) 837-8869.

Or if you would like to request an appointment to see the availability at Superior Ink, call us at (917) 837-8869

What NYC neighborhoods are good to invest?

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What NYC neighborhoods are good to invest?

New York city (NYC) has many vibrant neighborhoods that cater different lifestyle and people. Many buyers call us and like to own a piece of Manhattan New York, they either have been here before or have a family member currently live here and would like to diversify their investment portfolio and include a NYC condo in it.

We often get the question What NYC neighborhoods are good to invest, there is no one answer for everyone.

Before we can answer this question or for the buyer to determine, they have to consider several points as outline below:

Price Range (investment dollar amount) : What is the price amount that you are thinking of invest? We work with buyers that have invested $850,000 USD price range on a one bedroom condo and that can rent anywhere from $3,500-$4,000 USD per month unfurnished depending location and season. We also have work with buyers that invested $3,500,000,000 USD sales price and rented the three bedroom condo for $17,000 USD per month. Depending on your projected price range then we can narrow down the neighborhood.

Culture and Lifestyle: Do you intend on staying at this condo at all when you visit New York city? Perhaps you planning to live there one day in the near future? Or this is for sole investment purpose? If you plan on living in the condo, then it is best to look at the area and neighborhoods that you like and socialize when you are in New York.

Amenities: Do you prefer a condo with a pool? How about fitness center and spa?
Buildings with lots of amenities sometimes are newer buildings, these buildings are usually built after 1980s or some older building have added the amenities to suit residents interest.

There are other factors to determine which neighborhood is best suited for each person’s preference. We specialize in working with buyers looking for condo investment in New York city, we are seasoned Real Estate agents that can help you in finding the right investment.

Contact us today at (917)837-8869 to discuss directly on how we can work together.

Does the furniture come with NYC condos?

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Does the furniture come with NYC condos?

Many of the website photos of the condos will have furnitures and fully furnished units. However, the furniture DOES NOT convey in a Manhattan condominium purchase unless it is specifically mentioned in the property description or discussed prior to the negotiation. If there is  an option to purchase the furniture there will often be two prices, one with the furniture and one without.  The spread between the two prices, may or may not reflect the actual replacement costs of the furniture and will include a convenience premium of being able to move right into the apartment without spending the time to furnish it yourself.

At rare occasion, our buyers may want to purchase the owner’s furniture, there is often a disconnect between what the buyer is willing to pay and the emotional attachment the owner may have for the piece.

Many savvy sellers in Manhattan New York will hire staging services to custom design and place the furniture pieces to ensure property maximize its value. This is with help of a team of interior designers and architects, when every square inch of the apartment has been well thought out, what it does is to show you as the buyer the potential for the space.

A part of owning an apartment is making your own personal design decisions, putting your own personal touches on how you would like to live in the apartment, but it’s helpful to see the size and scope of how certain combinations of furniture can work in certain rooms and areas.

If you prefer to purchase seller’s furniture together with the apartment, we can discuss it in detail to best protect your interest. We also team up with very experienced Real Estate attorney that can put the specifics in the contract so all parties are in agreement.

We are very experienced and knowledgeable Real Estate agents in Manhattan NY condominium market, team up with us today so you can be well advised on your Real Estate purchase and avoid any unneccessary stress or cost.

Call us (917)837-8869 or email us here: https://manhattannycondosforsale.com/contact/

Can I get more discount as an All Cash Buyer in NYC?

What is a Sales Application in buying Manhattan New York condos?

As Foreign Buyer, How much down payment do I need to put down to buy a one bedroom condo?

Greenwich Village Condo Sale Report Spring 2012

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What’s the Greenwich Village apartments for sale market like right now?
Being in the middle of the spring selling season, we are seeing peak levels of volume activity.  Well priced apartments when they come on the market are selling extremely quickly.  Greenwich Village apartments for sale are some of the most desired types of apartments in all of Manhattan.

A few factors influencing the Greenwich Village New York Real Estate market specifically the condominium market:

1. Tight Control of Supply- Very few new condominium projects are built in the neighborhood and those that do are typically not high rise buildings.  The last project at 130 west 12th Street sold out very quickly, a very successful project.  Mainly re-sale condominiums are what comes available and those when priced well are selling at a fast pace.

2. Near Multiple Universities-Within the Greenwich Village area there are multiple universities including the ever present NYU and Stern Business School, Parsons and the near by Cooper Union and School of Visual Arts or SVA.  The close proximity to multiple universities brings with it a demand for housing.  We work with many parents who decide to purchase apartments while their children go to school and start working while in New York City.  Purchasing condominiums in the area as an investment unit is highly sought after because the built in demand and high rental prices are very advantageous for landlords.

Pricing in the Spring of 2012 for a Greenwich Village Apartments for sale in New York City:

Studio’s-Range from $550,000-$800,000
One Bedroom’s-Range from $850,000-$1,500,000
Two Bedroom’s- Range from $1,350,000 – $3,000,000
Three Bedroom-$2,500,000 and up
Penthouse Condominiums for sale in Greenwich Village – call us at (917) 837 8869

If you are interested to know about specific price ranges for a certain type of Greenwich Village condo for sale, call us today at (917) 837-8869 or email at
us here: https://manhattannycondosforsale.com/contact/

What is a NYC Condo Leasing Application?

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What is a NYC Condo Leasing Application?
As Manhattan NY condo specialists, we sold many NYC condos to investors that would like to rent out their condo unit as soon as the property closed. As part of our full service, we always help them rent out the condo unit to most qualified tenants.

It is extremely important to rent out to financially qualified tenants, when there is interest, we pre-screen each single perspective tenants and the process is much more than just a credit check to ensure the tenant is financially qualified.

After our initial pre-qualifying, Each NYC condo building have their own leasing application and required documents, the perspective tenants have to complete it throughly in order to rent an apartment in NYC.

From this example, you can see there are a lot of information required by the condo management and condo board.

Each building have a slight different requirement, this is an example of what most of the required items will be.

We as Manhattan condo specialists, we are experienced in qualifying tenants and work together with the perspective tenant to put the rental package together so it is complete it correctly.
As a condo owner, you should work with agents who are competent and able to find you the best tenants possible.
If you are a condo owner and would like to rent out your condo unit, contact us today (917)837-8869 so we can help you secure a qualified tenant. We as Manhattan condo specialists, we are experienced in qualifying tenants and work together with the perspective tenant to put the rental package together so it is complete it correctly.

As a condo owner, you should work with agents who are competent and able to find you the best tenants possible.If you are a condo owner and would like to rent out your condo unit, contact us today (917)837-8869 so we can help you secure a qualified tenant.

How much down payment does Foreign Buyer need to buy One Bedroom condo in Manhattan New York

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How much down payment does Foreign Buyer need to buy One Bedroom condo?

There is no clear cut answer to how much down payment a foreign buyer will need.

Through our many successful experiences helping foreign buyers, we can provide you some ideas as to what to expect if youare thinking about financing or obtaining mortgage in the United States.

If you are a foreigner national thinking of buying in Manhattan and want to obtain financing by US bank, you will need to prepare many documents and substantial amount of down payment in order to satisfy bank’s requirement and qualification.
On various property websites, perhaps you see Manhattan condominium buildings only require a 10%

down payment. Keep in mind that 10% is what each condo requires, but each bank will require much down payment more depending on each of your situation. Here are some different factor that will determine how much down payment is required:

  • How much is the loan amount (the money you want to borrow from the bank)
  • Different Type of Loan
  • Your financial profile ( you may have to provide your home country bank information so the US bank can verify your assets or possibly ask you to open up a US bank account)
  • The building you are interested in (US bank will evaluate each condo building and decide if the bank would want to lend in that building.)

It is in our experience that unless you have started the loan application, the bank will not be able to provide you their approximate estimation for the down payment, but usually the down payment is minimum 30% of the purchase price of the condo.

Many of our foreign international buyers put down payment 30% to start, sometimes up to 50%, it will really depend on the factors we mentioned above.

If you are thinking of buying a $1,000,000 condo in Manhattan New York, your down payment is going have to be at least $300,000. (this does not include your other closing cost of a condo)

Many foreign international buyers are not familiar buying in Manhattan New York, we helped them through the buying process and everything they need to know about the market and how Manhattan New York works here. If you are thinking of buying Manhattan condo, call us today (917)837-8869, or email us so we can talk about what you need to prepare before your trip to NYC.

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Market Report-2011 Sales at Georgetown Plaza at 60 East 8th Street

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Overall Thoughts for 2011 Sales at Georgetown Plaza at 60 East 8th Street:
Georgetown Plaza is one of the only cond-op buildings in the Greenwich Village/ Union Square neighborhood.  Because it is investor friendly and has flexible purchase policies, it has become one of the more desirable buildings.  Apartments when priced within the most recent comparable sales, typically sell quickly and at strong prices.

The roof top deck and views are always a major attribute to the building.  Renovated apartments are selling the quickest and at the highest prices, as most buyers do not want to go through a lengthy renovation process.  Because of the close vicinity to NYU (New York University), there is always a consistent demand for rentals, making apartments in the building equally attractive for an investor looking to rent out the apartment.  A very low supply of apartments is expected and we continue to see most apartments go into contract quickly when coming available.

Most apartments sold close to their asking prices, something that we expect to see in 2012.  Georgetown Plaza is one of the most well established buildings in the Greenwich Village neighborhood and we continue to see strong demand in the foreseeable future.

We hope you have found our market report valuable and informative.
In this consumer savvy and an immediate need for information days and age, it is most beneficial to work with a real estate agent who knows the market and understands the subtle differences that can make a big difference.  If you are interested in condops for Sale at Georgetown Plaza or in the Greenwich Village neighborhood call us directly at (917)837-8869 or email us at https://manhattannycondosforsale.com/contact/

We look forward to speaking with you.

Georgetown Plaza Part 3 – TWO BEDROOM in Manhattan New York

Georgetown Plaza Part 2- One Bedroom apartments

Georgetown Plaza Part 1- Studio Size Apartment Market Report

995 Fifth Avenue The Stanhope Hotel

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995 Fifth Avenue, New York NY 10028-The Stanhope Hotel

995 Fifth Avenue Condop located across from Central Park and the Metropolitan Museum of Art.  Originally built in 1926, as the Stanhope Hotel, and designed by famous pre-war architect Rosario Candela.  Rosario Candela designed some of the most prestigious buildings in the Upper East Side most notably 740 Park Avenue, 1040 Fifth Avenue, and 834 Fifth Avenue.  995 Fifth located at 81st and Fifth Avenue is a boutique building, made up of approximately 26 residences and sits positioned as one of the most prestigious and desirable condops near and next to Central Park located on Fifth Avenue. (photo from: http://www.nytimes.com/2008/09/14/realestate/14deal1.html)
Originally designed as a hotel, the Stanhope Hotel was one of the top hotels in the Upper East Side right beside the Carlyle Hotel in desirability.  A historically significant building, 995 Fifth Avenue, sits across on the south end of the Metropolitan Museum, with direct Central Park and Museum views.  This condop conversion started in 2007, the pre-war building was meticulously renovated keeping it’s pre-war architectural details, but renovated with a keen sense of modern conveniences and luxury buyer’s in mind.

One of the most notable features of the residences at 995 Fifth Avenue is the size of the apartments found in the building.  Most residences at 995 Fifth Avenue, this condop across from Central Park, are in excess of 4,000 square feet.  Upgraded infrastructures include individually controlled 4 Pipe HVAC systems, state of the art building wiring for all audio/visual needs.  995 Fifth Avenue has a 2500 square foot La Palestra fitness and spa, 24 hour doorman, concierge, resident manager, and additional storage.

Apartment features take on the pre-war aesthetic characteristics of the building.  Spacious and comfortable layouts, gracious apartment entrances, service entrances, Small Bone designed eat in kitchens, libraries, formal dining rooms, and all within the design elements of a Rosario Candela building.  995 Fifth Avenue continues to be one of the most in demand pre war condop buildings along Fifth Avenue in the Upper East Side.  995 Fifth Avenue is a condop, meaning that it is a co-op structure but with condo by-laws, creating more flexibility with purchase.  It also is on a landlease, which has an estimated 150 years left on it.  Sitting right along Fifth Avenue, many of the apartments have direct Central Park Views.

Typical Price Range for 995 Fifth Avenue Apartment for Sale:

  • Three Bedrooms:  $6,500,000+
  • Four Bedroom, Five Bedroom and Larger: $12,000,000 – $22,500,000
Contact us if you would like to schedule an appointment or want specific information regarding current availability of condos for sale at 995 Fifth Avenue.
For more information about 995 Fifth Avenue or other Condos for Sale near and along Central Park:
If you are interested in condos for Sale 995 Fifth Ave call us directly at (917)837-8869 or email us at EHSU(a)elliman.com.

Penthouse Condo for sale in Manhattan New York

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A Manhattan NY penthouse for sale is often regarded as the essence of luxury living in New York City.
A city full of skyscrapers a penthouse apartment allows you the ability to live at the top. A New York City Condominium penthouse possesses a variety of distinctive characteristics which set them apart from a traditional apartment.   Looking out from your Manhattan penthouse you  will  see the iconic Manhattan  landmarks such as Central Park, the Empire State Building, the Statue of Liberty, Hudson River to East River views and the Manhattan city skyline.

What is a NYC Manhattan Penthouse?
A Manhattan Penthouse is typically found on the top floor of an apartment building. In new construction condominiums you will typically have a series of the top floors in the building with the “Penthouse” or “PH” designation.

A penthouse typically shares a certain number of common characteristics:
  • A NYC Penthouse usually is much larger in size than the other apartments in the same building
  • Outdoor space is common including a private roof top garden, setback terraces, or large balconies.  In Manhattan having your own private outdoor space is a true luxury and epitome of a luxurious lifestyle
  • Panoramic Views are quite common.  Living in one of the top floors if not the top floor will allow you the best views Manhattan has to offer but with the peace and quiet of a top floor apartment
  • Unique Layouts-Duplex(Two Floor), Triplex(Three Floor), or Full Floor Apartments are typically found on the penthouse level of a building.  Now your apartment is like a home, but on top of a luxury condominium building.
  • The most sought after and rare penthouses will have features such as a Penthouse with a private pool or hot tub, penthouse with a wood or gas burning fireplace, private elevator access, full floor penthouses.
  • A New Construction condominium Penthouse offers the finest in today’s modern convenience?

Why Purchase a Manhattan NYC Penthouse Condominium?
If you find yourself in the position to buying your own piece of Manhattan, a penthouse condominium offers a luxury lifestyle of New York City.

  • Living in the top floor of a condominium will provide you with breathtaking views of Manhattan.  Looking out towards Central Park, the Statue of Liberty, the Empire State Building or river views will all be at your fingertips.
  • Some of the most exclusive and unique apartments will be penthouses, living in one will allow you a truly unique one of a kind Manhattan experience.
  • Manhattan New York view is better from the top. After a busy day you will be able to come back to your penthouse apartment and look out quietly  on Manhattan from your penthouse condominium
  • Penthouses represent the best Manhattan Real Estate has to offer.  Extraordinary views, personalized layouts with an attention to detail, and outdoor space that is truly desirable.
Where do I go to buy a Manhattan Penthouse Condominium?
We offer our penthouse buyers a level of service that is centered in having a detailed understanding of the condominium penthouse market in Manhattan.  The Manhattan condominium market is specialized for penthouse sales.   We know that a penthouse buyer has many specific needs when it comes to the penthouse unit they will call home.  Whether they are looking for a unique exposure, outdoor space spacious enough to entertain, private and exclusive entrances to the building, we accommodate all these needs through our understanding of the market.

Call us today at (917)837-8869 or email us to set up a private consultation to discuss the Manhattan Condominium penthouse that you are looking to buy. (http://manhattannypenthousesforsale.com/contact-us/)

One Bedroom Condo Penthouse-Manhattan New York

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One Bedroom Condo Penthouse-Manhattan New York

The One Bedroom Penthouse Condominium is going to make up the smallest percentage of penthouse condominiums for sale in Manhattan New York.  Most penthouse condominiums in New York City are quite simply more spacious in size.  A penthouse is usually going to start out in the two bedroom category and increase in size from there.  Reason being is that the demand for these types of trophy apartments are for larger spaces.

You can find a One Bedroom Penthouse Condominium for Sale in Manhattan typically in a new development condominium building.  Most new development condominium buildings are being built and marketed to have multiple “Penthouse” Floors.  It could be the top 2 floors or maybe as generous as the top 4 floors are designated penthouse levels.

The condo units on these “Penthouse Floors” are usually larger, more unique layouts, more outdoor space, optimal views and exposures than the standard floors in the same building. You can usually spot a building that has multiple penthouse floors by the way the apartments themselves are numbered.

These condo units are usually named PH1-A, PH2-A, PH3-A. The PH represents the Penthouse Designation, the 1,2,3 represent the penthouse floor it is on and the last Letter represents the individual apartment unit.   If you are looking for a One Bedroom Penthouse for sale in Manhattan New York more than likely the apartment itself won’t be on the very top penthouse floor as those will be for the larger apartments. However your penthouse apartment will more than likely be larger, have distinguishable characteristics that other apartments in the building do not have.
Expect pricing for a One Bedroom Penthouse Condominium to start at $1,000,000 USD, but pricing can easily reach $2,000,000-$3,000,000 for a luxury new development condominium with exceptional features including large amounts of outdoor space, panoramic views, loft like proportions.

We are very experienced in the luxury Manhattan condo market, therefore we understand and know penthouse buyers’ needs and have successful working experiences in catering to our buyers needs.

Contact us at (917)837-8869 or email us(http://manhattannypenthousesforsale.com/contact-us/) to discuss your Manhattan New York Penthouse search whether is for one bedroom Penthouse or other unique Manhattan New York penthouses.

Visit http://manhattannypenthousesforsale.com/ for other unique penthouses information, or call (917)837-8869 for your specific inquiries.

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

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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!

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