Manhattan New York is an unique Real Estate market place compare to anywhere else in United States or the world. The housing inventory consist of majority of cooperatives, some condominiums, and few townhouses.

We work with serious and motivated buyers in various price ranges to find the perfect home for them. There are often list of frequent asked questions that we answered. Here are some highlights for most Frequent asked Questions.

Question #1, How to make an offer in Manhattan New York, here in Manhattan New York, Real Estate agents do not write the contract of sales, we use Real Estate attorneys who are experienced and local to draft and fine tuned the contracts. So until both buyers and sellers sign the contract, the deal is not binding. To read more click on this link here: (http://manhattannycondosforsale.com/manhattan-ny-condos-faq-how-to-make-an-offer-in-manhattan-new-york-condominium-market/)

Question #2, Who can fix things in my condo if something breaks? Most of the Manhattan New York buildings have superintendents or maintenance staff that upkeep the building, so if it is something minor such as clogged toilet or drain, the building staff can usually fix it for you, and you can pay for the spare parts of the item if needed. To read more click on this link here: (http://manhattannycondosforsale.com/manhattan-ny-condos-faq-who-can-fix-my-condo-if-something-breaks-in-my-manhattan-ny-condo/)

Question#3, Does Manhattan New York have garages? Manhattanites usually travel by public transit or taxi cabs. So, we use subway trains or buses to move from one point to another on the daily basis. If we have to get to a place faster and not during rush hour, we can wave down a taxi cab at street corner. Usually garages are for a separate monthly fee. To read more click here: (http://manhattannycondosforsale.com/manhattan-ny-condos-faq-parking-garage/)

To read other Frequent Asked Questions, click on links below:

• What is a Sales Application in buying Manhattan New York condos?
• Are Manhattan New York Condos pet friendly?
• What is included in my Manhattan New York Condo Common Charge?
• Who can help me manage my Manhattan New York condo?
• Manhattan NY Condo Buyers Checklist

Click on below link to read about Best of 2011 Manhattan NY blog post:

Best Manhattan New York Neighborhood, Local Eateries, Central Park Photos of 2011

Manhattan New York Buyers 2011 "HOW TO BUY" Must Read List

Manhattan New York Real Estate market is unique and different than anywhere else in the world. If you don't see your question answered here, contact us at (917)837-8869 and we will be happy to answer your questions. We can help you find the best Manhattan New York condo for you if you have a specific time frame and criteria for your search. Contact us today at (917)837-8869.

We are Mandarin-Chinese speaking Real Estate agents here in New York city, we 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. We educate both the parents and the children about the local Real Estate market, purchase procedure and the help them find the most suitable condo for their needs.

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.

Many of parents we have work with have bought properties in other parts of the world or United States, but keep in mind that Real Estate is local, each area has their own set of rules and 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 counterparts that can facilitate the transaction. If you are looking to have a smooth and stress free 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？

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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.

現在是銀行非常的保守.  所以說如果要借款的話, 大慨是九十天到一百六十天都有. 還有一點是, 如果說今天您在紐約, 如果說是有特別的定點要買房子. 其實, 紐約的房員, 其實我們是要注意看百分之十五的房員, condo  紐約這種的房員也不多.

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!

We talked with a lady from Dubai today who is looking to purchase a condo investment here in Manhattan New York because she believes now is a good time to invest in Manhattan New York.  I can definitely appreciate her views as we are seeing a lot of sale activities in this market and many of our serious buyers are finding good long term investments with our help.

We discussed her investment goals and we will stay in touch via emails until she arrives in New York in two weeks. Before we hang up the phone, she asked me what determines a good Manhattan New York condo investment.

Below are the three big points in my suggestions to her:

Location: Convenient location for public transportation, New Yorkers rely on public transportation such as subway, trains and buses.  If the building is near a subway station, the condo is much easier to rent out or resell in the future. Nobody ever complains about having too many transportation options, but they definitely complain about having to walk 15 minutes just to get to a subway.

Carrying charge: Assuming this is an all cash purchase with no mortgage payment. The owner (or landlord) is responsible to pay monthly condo common charge and Real Estate taxes. So the lower combined carrying charge (the common charge and Real Estate taxes), the more net profit there is on the investment. Every building is different when it comes to the common charges and real estate taxes so determining the value proposition each building has is a necessary aspect of the purchase.

Sale price: The sales price of the condo is relevant to what has been sold in the building before, for example, if in the same building, condition, exposure, square footage size and layout is the same sold for $920,000 last week, and you can buy the downstairs unit with identical condition and layout for $900,000 because the seller is very motivated, then you may be buying a deal, relative to units in the building. When it comes to sales price comparison of ‘a deal’, it is always ideal to compare within the same building, same neighborhood, same period of time (month/week), condition and exposure of the condo to determine if it is a good deal or not.

When determining a good Manhattan New York condo investment, ultimately we are talking about a property that is going to hold it’s value and have the best opportunity to maximize appreciation in the future.  Every person comes with their own thoughts on what makes a good investment, but as an active real estate agent in the Manhattan condominium market our experience will help you make a more well informed buying decision.

Call us today at (917)837-8869 so we can discuss how to maximize your investment.

Read other helpful blogs:

• Does Manhattan New York condos have garage?
• Dorchester Tower Condominium-155 West 68th Street New York NY 10023
• Who can fix my Manhattan New York condo if something breaks?
  

We live and work in an exciting city, there is something to do for everyone and something to do anytime of the day. This past year we highlight several exciting fun hyper local posts to showcase this great city along with some local affordable eateries that we like to frequent. We are also fortunate to live near by Central park where we have documented the park with photos throughout the changing of the seasons.

Hope you enjoy reading them as much as we have enjoyed in sharing with you.

Manhattan New York Neighborhood highlights and fun facts:

Midtown West- a vibrant Manhattan New York neighborhood

Riverside Blvd & Riverside Park Upper West Side New York

Lincoln Square-Upper West Side, one of our favorite Manhattan New York neighborhood

Old Rail tracks turned Park-High Line Park Manhattan NY

Manhattan New York local Cheap Eats!

Rigoletto Pizza - Upper West Side Manhattan New York

Cafe Habana in Nolita Manhattan New York

I ♥ New York - Wah Fung Favorite Chinese Food

Our favorite Central Park in all seasons (Photo Expressions)

Central Park NYC after Hurricane Irene!

Central Park Model Boat (sail boat) Pond

New York Central Park Foliage

We love Manhattan New York and we have our favorite coffee shops, restaurants and secret finds in almost every neighborhood. If you are looking to buy, invest or sell, contact us at (917)837-8869 we can discuss the neighborhood you would like to be a part of and find the right home for you.

We are full time, knowledgeable, experienced Manhattan New York Real Estate professionals that have help facilitate buyers from either United States or parts of world investing their money in Manhattan New York condominiums.

Through out the years, we have compiled a great list to reads and become a very valuable guide to the buyers who want to understand our unique market place.

Before the year end of 2011, here are some of our best selections of "HOW TO BUY" blog posts to give potential buyers an overview of our market place.

How to Buy Manhattan New York Condo (buying procedure)

How to Buy As Parents buying for children Must Read

How to Buy As Foreign National Buyers Must Read

How to Buy As First time Investor Buyers Must Read

How to Buy as Mandarin Chinese Speaking Buyers Must work with a bilingual and market expert

Please stay tuned, we will compile other lists with different housing inventory, featured condo buildings, Manhattan New York neighborhoods, Frequent Asked Questions blog posts and much more.

Call us today at (917)837-8869 to discuss your specific needs in private.

Manhattan New York is a big city with different housing rules than anywhere else in the world. Finding a Good NYC rental apartment is not a easy task by any means. It is important to be prepared and understand the time frame involved when looking for a suitable apartment. This blog post will help you figure out the time frame before your search so you can plan ahead.

There are TWO types of buildings you may be able to find a good NYC rental apartment. 

Option #1 is the condo buildings to find a good rental apartment (example: Gramercy Starck), higher quality of building and service, because it is built for permanent residents. If we were to look for apartments in Gramercy Starck or other condo buildings (renting apartment from a private owner), the process from the time to find the perfect apartment to able to move in may take 30-45 days. The paperwork has to be submitted into the condo board and it takes 30-45 days for them to review and approve the paperwork (application). With that being said, to be safe, if you were aiming to move in by March 1st (3/1), the latest we can submit the paper would be maybe January 15 (1/15) if you have a lease and need move in by end of February.

Option#2 is the rental buildings to find a good NYC rental apartment (the entire building is renters, no owners), this type of building also offers doorman, fitness center and everything like condo building but the neighbors are all renters and it may have a transient environment rather than homes. The positive side of this type of building is that it will approve your paperwork sometimes within 5-10 days, sometimes less and you can then move in right away. With this type of option, if you were to start looking early in January for example, they will most likely require you to move in end of January or sooner because they would not keep the apartment vacant more than one month.

(click here to see a list of documentations you may want to prepare before your rental search.)

As Manhattan New York Real Estate specialists, we have access to everything in Manhattan and we are very familiar with this neighborhood for all types of buildings, both condo or rentals. We also work with many condo owners to qualify tenants to ensure their investment condos are occupied by financial qualified tenants. Call us directly at (917)837-8869 to find your perfect rental apartments or find some qualified tenants for your investment condo.

To read more about finding a good NYC rental apartment click below links:

• Tenant Qualification for Manhattan New York apartment
• Relocating & Renting an Apartment in New York City: Step by Step guide
• Does Manhattan New York condos have garage?
• Who can fix my Manhattan New York condo if something breaks?
  

Contact us directly today at (917)837-8869 to discuss your specific needs in finding a good NYC rental apartment.

The East Village is a neighborhood in the downtown area of Manhattan.  It’s location would be described as North of the Lower East Side, East of Greenwich Village and south of Gramercy Park and the Stuyvesant Neighborhood and it’s eastern boundary is the East River.  Essentially it can be found north of Houston Street, East of 4th Avenue, and south of 14th Street.

Originally the East Village was known to be a part of the Lower East Side, but it developed it started to be identified as it’s own neighborhood in the 1960′s as the birthplace for the counter culture movement.  With counter culture at the heart of the East Village’s identity, a distinctive music and art scene was able to develop.  Known for it’s diversity, welcoming nightlife and entertainment, the East Village is one of the most distinct Manhattan neighborhoods.

To fully understand the East Village, taking a look at the area’s cultural, musical, and artistic history is the key.  Starting in the 1960s the area that was soon to be known as the East Village became the home of more artists, counter culture including the Beatniks, musicians and performers.  The term East Village started to appear in magazines and different publications giving the area it’s unique identity.

In the past decade, the neighborhood has seen a large gentrification movement of new condominium development, restaurants, and shopping move into the area.  The East Village is on the same path that other New York City neighborhoods were on just decades before it, including, Soho, Tribeca, and the West Village.

The residential real estate in the East Village is going to be a reflection of both it’s past, present and future.  You will have a combination of the original tenemental style walk-up buildings that make up most of the apartments for sale and for rent.  These mostly pre-war buildings offer a style of architecture and way of life that is going to be distinct to the neighborhood.  Then mixed in you will the new construction condominium buildings built in the past 10 years.  These are a reflection of where the neighborhood and much of Manhattan has been going.  These condominiums offer a luxury lifestyle that is a somewhat juxtaposition from where the East Village came from.

(left photo from: dipity.com)

What makes the East Village desirable is the unique characteristics of the neighborhood, the restaurants, shopping, nightlife, the way of life found there.  Whether you want to live in a new construction condominium or in a pre-war building you can find it in the East Village.

Call us at (917)837-8869 to find your prefect home in East Village or other fantastic New York city neighborhoods.

Other fun Manhattan New York neighborhoods:

Lower East Side

Little Italy-Chinatown

West Village

Chelsea

TriBeCa

Our city Manhattan New York is an international big cosmopolitan city, we work with both buyers and sellers are from another state or country. In a typical Manhattan Real Estate transaction, there are many parties involved in a transaction: 2 or more attorneys, 2 Real Estate agents, Buyers and sellers, Title company, Mortgage professionals, and etc. At the closing table, often there are almost 10 people attending one closing.

In many occasions, our sellers or buyers often have previous work or business contacts that they prefer to use from another part of the world, country or even state (sometimes, it is a family relative, friend, or someone referred by someone they know.)

CAUTION! Every local Real Estate market has its own rules, laws and policies, by using the local experts, it will benefit you as the buyer or seller to have the most smooth transaction without stress or unexpected obstacles.

In a Real Estate transaction in Manhattan New York, below two are the key experts that you absolutely should use an local expert.

• Attorney - PLEASE use a Manhattan New York based REAL ESTATE attorney (this means not just any attorney can do the job, Real Estate attorney that is currently practice in New York is a must) that is familiarize with the type of property you are purchasing. Whether is condo or co-op or townhouse, be sure they have a stellar reputation and track record in representing clients. Many buyers use the amount of fee the attorney charge as a way to chose the attorney, it is good to be frugal, but their track record should be the most important thing and not the fee they charge. A good attorney can minimize your risk in the transaction, protect you from many unknown.
• Mortgage Consultants - Buying in Manhattan New York is unique and very different than buying in any other state, county, or country. Mortgage consultants who has experiences working in Manhattan New York market will know how to navigate through the co-op or condo management to obtain the information they need in order to push your application through. They will also have a keen sense of the deadline in the contract and work with the Real Estate agents to get the coop or condo board package together.
• Real Estate agents – As Active and full time Real Estate agents, we pride ourselves in working efficiently with our buyers and sellers to maximize their Manhattan investment. When working with buyers, we discuss the overall goals and timeframe, explaining the different housing inventory and expected price range, recommend appropriate mortgage consultant, accountant, attorneys(if needed), select the best suited property, negotiate essential terms for the buyer, facilitate the contract signing, working on condo/coop application, final walk through checklist, and eventual success sale. When working with sellers, our interest is always to maximize the seller’s profit in the most current market, set the price ahead of the market, creative and aggressively market the property, qualify buyers and negotiate favorable terms for the seller and facilitate the sale to closing table. To benefit your purchase or sale of your property, call us at 917 837 8869 directly and we can discuss how to plan your investment in Manhattan New York.

We work with many out of town first time investors and buyers that would like to acquire a Manhattan New York condo as part of their investment portfolio.

For many buyers, they may have purchased Real Estate in different parts of the world or US but this is their first experience in buying in Manhattan New York. We often have a check list of basic steps to educate the buyers as to how to get started. Here is a good check list:

• Consult with a reputable lender or mortgage consultant to see how much can you finance in today’s market. In today’s market, lending guidelines are changing by the day, it is in your best interest to see what will it take to qualify for a loan.
• Do speak to your banker if you have money in bonds and money market. Find out how many days will it take to liquidate your funds so you know once we have a verbally accepted offer. Often in Manhattan New York market place, the seller seeks 10% of the sales price as downpayment at the time of signing contract. With that being said, if you are buying $1M Manhattan condo, you will need $100,000. at contract signing.
• Do Have a realistic budget of what you are looking for. Manhattan New York condo is approximately $1,000 per square foot, so unless you are looking for a 500 SF one bedroom, you will need more than $500K to buy a one bedroom condo. (the price will also depend on the building amenities, such as fitness center, residents lounge, roof deck, basketball court, swimming pools and etc.)
• Do speak to an accountant to see if you need to structure the purchase in a specific way to enjoy the tax deductible benefits of buying a Manhattan Real Estate. If you are a first time home buyer, is it beneficial to co-purchase the condo unit with your parents or alone; If you are an foreigner, is it better to buy it under your own name or start an LLC?; If you are an out of town investor, is this purchase going to be an investment property or?
• Do have a Manhattan New York Real Estate attorney ready. Manhattan Real Estate transaction requires each buyer and seller to have an attorney representing them in drafting and finalizing the contract. A good attorney can save you headachs, money and risks, ask your agent to refer you (3) attorneys so you can call and interview. Explain to the attorney what you are planning to do, and see which attorney you feel most comfortable to work with.

If you would like to find out more information or learn about more Manhattan New York investment opportunities, please contact me today.  Email us today (http://manhattannycondosforsale.com/contact/)call (917)837-8869.

Manhattan New York is a very unique housing market, we have many different type of housing products such as coop, condo, condop, townhouses and etc, here is a blog post explaining the type of buildings a buyer can look into when they are considering in buying in NYC.

Glossary of Terms Types of Manhattan NYC Buildings

Brownstones or Townhouses These are typically 4 to 6 story buildings built in the 1800′s through the early 1900′s. They are either single family houses or have been converted over the years into multiple apartments. As a single family home, a townhouse or brownstone offers buyers privacy and the ability to purchase without the cooperative board process. Some apartments in townhouses can have grand living spaces and, therefore, will be quite expensive. Generally, these buildings afford more “charm”, with features such as gardens, fireplaces, beautiful floors and ornamental wood moldings. In almost all cases these buildings will not have a doorman. One can also purchase a coop or condo unit in a townhouse building. The term “brownstone” refers to the type of material used as facing on the front of the structure.

Pre-War Buildings Prewar buildings are those built before World War II. These buildings are usually ten to twenty stories, provide spacious apartment lay-outs, gracious architectural amenities with features such as larger rooms, fireplaces, hardwood parquet floors and higher ceilings. These can be doorman or non-doorman buildings.

Post War Buildings These buildings were built between the late 1940′s through the 1970′s. They are generally hi-rise and are constructed of white, red or brown brick. Most will have doormen. Postwar apartments may actually afford more living space than their prewar counterparts in studio, one and two bedroom sizes. They have ample closets, live-in superintendent and laundry facilities.

Hi Rise Full Service Buildings These are generally associated with new construction or are apartment buildings that were built from the 1980′s through the present. They are typically condominiums, twenty to forty or more stories with doorman and concierge services. Other amenities often include: health clubs and swimming pools, valet services and parking garages

 Elevator Buildings This description is usually reserved for a non-doorman building that is six to twenty stories tall. There is usually an intercom security system, and some may have video security. These buildings could fall into either the pre-war or the post-war category.

Loft Buildings These buildings either were previously built for commercial or manufacturing purposes and are now used for residential living spaces or are newly constructed as loft buildingsThe spaces typically offer higher ceilings (9 feet-20 feet), open spaces and original details such as supporting columns, tin ceilings, etc. They are usually found in Greenwich Village, SoHo, TriBeCa, Chelsea, Flatiron, Nolita, and lower Manhattan and often do not have the services of a doorman.

Walk-Up Buildings This is the least expensive type of housing, and the quality can vary widely. Usually these are 4 to 5 story buildings with no elevator, hence the term “walk-up.” They were originally constructed as multi-family housing and lack the charm and elegance of traditional brownstones or townhouses.

• Search all your New York city properties-Manhattan Condos here
• What is a sponsor co-op apartment in NYC?
• Buy Manhattan New York Condo or Coop Must Read

Call us directly at (917)837-8869 to find the perfect type of building for you and your lifestyle. Whether is condo, coop, condop or townhouse, we have experiences in finding the right unit for the buyers.