I can't answer that question, but I have doubts this listing is for real. When an owner wants to sell his apartment (or house), he/she signs an exclusive agreement with a broker who then immediately put the listing on his brokers website. from there, the listing will be distributed to all other firms internal system. When there is no real address, it's more likely a so called open listing, or even worse a bait and switch. Without a real address, nobody will be able to see if this building was flodded or had water damage after Sandy... more
My advice would be to move on and hire a buyer's agent for the next apartment. If you wanted the apartment rather than "following it" you should have made an offer when it was for sale when you saw it. If it sold a few weeks ago it was probably in play a couple of months ago.
Apartments are not stocks. Following it? What were you waiting for?
You snooze you lose. Now your chasing the market.
In my opinion you need to be alert, prepared, ready, willing and able to purchase next time you see an apartment you like. The market in Manhattan and Brooklyn is on fire and moves fast.
Bidding, bidding wars, highest and best offers are now the norm but they take place before the apartment is sold.
The Corcoran Group
I assume what you are doing is going to open houses, or calling the listing broker who appears on a listing that you see on-line. What you are doing by that is limiting yourself and doing more leg-work than if you would have one who can do this for you. If you get yourself a good agent, they will get a sense from you of what your priorities are, and what type of apartments you might like. Often apartments (and houses) look different on-line than they do in real life. I am sure that you have seen many apartments that have the things that you love, but also the things you hate. If you choose one broker to look for you, they will know to rule out the things that you hate, so that you are not wasting your time seeing many more units than you need to. Is there a possibility that you will save a little, yes, but probably only a little. The seller has a bottom line that they want in their pocket. Any broker who wants to make a deal, will make the deal happen, whether they are selling it on their own, or splitting the commission. Of course selling their own listing is a home run, but that doesn't mean that they are willing to give up any of it.
If you are planning on buying a co-op, that is another reason to have your own agent. They will also weed out the units that are in building that may have certain guidelines that you may not fit into. That is nothing that you see when you look on your own.
All that being said, if you need financing for the perfect apartment, once you find it, please feel free to give me a call at 516-972-1687.
Senior Loan Officer
Preferred Empire Mortgage... more
It's not so much what are the pros and cons of a loft or a regular apartment in the W. VIllage. It is what you can afford. Loft are more coveted in Manhattan, especially the W. Village--so they will command a premium.
You now have the opportunity to search approximately 20,000 exclusive listings, representing the entire database of residential listings available through the membership of the Real Estate Board of New York (REBNY).
These are the most accurate listings you can find in NY because they come from the brokers themselves; there is no bait and switch, no duplicates, and no opens; and are updated every hour.
If there is anything that you are interested in seeing via the listings which have building information, taxes, floorplans, etc. Pleas feel free to reach out to me at your convenience.
SVP/ Associate Broker
Rutenberg Reatly NYC
You shouldn't need anything until you apply for the apartment. You can tell the agent that you have a guarantor if you want, but they shouldn't need anything beyond that until you find the place you want.... more
I'm familiar with your building. I have a friend who owns an apt. there and I used to live down the street. You are right that there aren't any apts. for rent there right now which is the best time to get more $. If you want to give me a call tomorrow I will tell you how I think you should handle this.
The Corcoran Group
Consider working with an agent of own, he/she will be your best guide--“co-op” involves the formation of a corporation for the purpose of acquiring title to a multi-unit building and, in turn, leasing individual units (apartments) to the shareholders of the corporation; whereas condominium ownership involves acquiring title to individual apartments or units. Condominium ownership is, for most practical purposes, only one form of cooperative housing and, like the “co-op”, must include provisions for management and maintenance of the building(s) and “common” areas, usually dictated by an elected Board of Managers, in the case of a condominium, and a Board of Directors in the case of a “co-op”. The “condo” advantage of individual unit ownership can be compared to the benefit of being able to “choose” your neighbors in a “co-op” setting, where the application process is very often quite selective. In the sale of a “condo”, once a price is agreed upon, the deal is done; whereas the “sale” of a “co-op” requires approval by the Board of Directors—which can be (and often is) withheld based upon arbitrary selection criteria—with no recourse to the buyer or seller if the “sale” is not approved. Co-op” ownership represents an “interest” (i.e. stock) in realty; “condo” ownership is actual ownership of realty.... more
Splitting the 2 bedroom into a pieces is a marketing tactic to TRY to get you more money. At the end of the day, people see thorough this that it is chopped up and the seller is trying to get more money; when the buyers end up paying price per square foot anyway, and are looking for usable space.
You will want to create the most usable space as possible. I have seen many units that advertised as a 2 bedroom but the second bedroom is so small that it turns buyers off. Ie. A studio with a wall up and called a one bedroom.
Greenwich Village apartments are small and pricy enough, that you will want to show that you have great usable open space and not that you are getting a tiny shoebox.
SVP/ Associate Broker
Absolutely you can dicker on the commission--although you'll need to carefully weigh realtor fees against what you'll actually receive. In a super competitive market like NYC, you'll need a realtor w/the skills, tools and network to get your maximum exposure to the right buyers and then negotiate and close the best possible deal. A realtor w/o the skills, tools and network will cost you more money in lost time and price than you'd pay the right full-service agent. I would give serious consideration to enlisting a Prudential Douglas Elliman agent for these three hugely important reasons: 1) they have the largest and best trained agents in Manhattan; 2) they do the largest and smartest marketing; and 3) they have the largest client base of sellers AND buyers. Email me at Gerardo.Vazquez@prudentialelliman.com and I'll give you the names and contact info of 3 great agents for you to interview.... more