New York City Real Estate

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New York Real Estate

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New York City Houses for Sale - New York City Condos

New York City Condominiums (condos): Owner has a deed for unit, has a separate mortgage, pays property tax on the unit plus a percentage of the common areas and pays a monthly maintenance fee. A board of directors governs the complex with the owner having one vote. The condo owner has a fee simple absolute unrestricted ownership and is individually responsible for property taxes and maintenance fees. Use the sales price of condominiums with similar size, appeal, age, neighborhood in New York City, incurring similar maintenance fees, etc. to determine market value. Ask owners in the complex what they like and dislike about both the unit and the complex. How good is the sound proofing? End units and upper units generally sell for more when sound comes into play. How is its location in the complex? Is it near downtown New York City or will you have to commute? Next to an access street, parking facility, pool? Look for units that are not adversely affected by these. Stay away from predominantly rental condo complexes in New York City, those having more occupants that are renters. They are often poorly maintained as absentee owners usually vote against improvements and increases in maintenance fees. When buying condos in New York City, it is always good to ask lots of questions.

New York City homes for sale (introduction)
New York City condos

New York City cooperatives
New York City resale homes
New York City gated communities
New York City townhouses
Building a house in New York City
New York City new homes
New York City luxury homes
New York City lofts
New York City investment property
New York bungalows
New York City duplexes
New York City triplexes
New York City residential real estate (attached)
New York City residential real estate (detached)