Manhattan Condo Living

New On Market. Milan Condominium located at 300 East 55th Street, New York NY 10016. Building Features: 24 Hours Doorman and concierge, Garden, Health Club, Bamboo garden, Business Center, Pre-wired High Speed internet and cable access.

This Milan Condominium one bedroom apartment has Eastern exposure with open kitchen facing the separate dining room, and the spacious living room and oversize bedroom that also has Eastern exposure. The building has 421A tax abatement therefore this unit has low Real Estate taxes. The unit also has its own washer and dryer.

The Milan Condominium is a 32-story tower was designed by Peter Claman of SLCE Architects and developed by the World Wide Group of which Victor Elmaleh, who is a very fine artist, is a principal. Most of the 118 condominium units are two-bedrooms. The top penthouse has three fireplaces. The lobby and atrium club room were designed by Jay Valgora of Studio and the outdoor bamboo garden was designed by Ken Smith. The building has an 8-story base and chamfered corners and some angled windows.

To Read more about Milan Condominium or any other Manhattan Condos, please read our blog series below:

• The Milan Condominium Listing Detail
• Manhattan Condo Living information
• Buying Manhattan New York Condo Must Read Part I - Parents Buying for Children
• Buying Manhattan New York Condo Must Read Part II- First Time Investor
• Buying Manhattan New York Condo Must Read Part III- Foreign Nationals

If you are looking to sell or buy your Manhattan New York Condo, we are the Manhattan Condo Specialists. Please contact us as we will be able to access ALL the Manhattan Condo listings in area of your preference. To receive prompt response, please email us at Morgan.Evans(@)elliman.com. Call us at (917)837-8869.

Manhattan New York Condos are our specialty. We have many buyers who are not native 'New Yorkers', sometimes the condo definition can be different by buyers from their own culture or different parts of United States. It is important to establish a definition that is clear for others to understand about our Manhattan Condo market place.

Here is the definition of a "Manhattan New York Condos" from a New York Mortgage Professionals...Buying a condo is like a buying a single-family home that sits inside a building.

Manhattan New York Condos: You own the apartment plus a percentage of the building's common areas. Condo buildings have monthly "common charges" to cover building-wide services (management, door staff, plumbing, roofing, common walls) but these charges are usually much smaller than co-op maintenance charges.

Manhattan New York Condo buildings have condo boards and board of directors but they cannot deny sales or rentals-making condos very attractive to investors. Condos are usually more expensive than co-ops-there are fewer of them and there's a high demand.

Lending banks are lenient about condo buildings-if you borrow 75% or less of the price of your condo, a lender won't review the building's finances, and all banks accept completed condo buildings that are 90% occupied.

Manhattan New York Condo is "Real Property", your loan is a mortgage secured by the apartment itself. Closing costs are higher for condos than for co-ops... 2% - 4% of the loan, as opposed to the flat $1500 closing cost for a co-op. Mortgages for condos carry about the same low rates as for single-family homes.

If you have just started thinking about purchasing it may be in your interest to contact a real estate agent for a free consultation regarding what type of property in New York City might be right for you.

1. Manhattan Condo Listings
2. How to Buy a Manhattan New York Condo (Part I) as first time home buyer
3. How to Buy a Manhattan New York Condo (Part II) as first time investor
4. How to Buy a Manhattan New York Condo (Part III) as Parents Buying for Children

5. Manhattan Condo under $500K, yes they do exist

Manhattan New York Condo Buyers: Yes, we know the Manhattan Condo market, we know where to look to find a good condo base on your needs. It is important to know that with the historic low interest rate, many of our savviest buyers and investors are on the market right now looking with us buying a very well priced Manhattan Condo. If you are on the market to buy, we encourage you to contact us today by calling (212)321-7122 or (917)837-8869. Email us at : Ehsu(@)Elliman.com for immediate respond.

Manhattan Condo Specialists: Manhattan housing market has about 15% of Condominiums (condos) and 85% of Cooperatives (Co-Ops). We specialize in Manhattan condominium market, we sell and help buyer with pre/new construction condos, luxury condos, resale condos, and short sale condos.

We are Manhattan New York Condo Specialists, we work with many buyers (first time home buyer, season investors, out of town or foreign nationals) in buying Manhattan New York Condos, as agents we have to educate the buyers not only on the local market condition, but it is crucial to speak to the buyers prior their arrival in Manhattan New York so we can have a smooth Real Estate transaction.

As Manhattan New York Condo specialists, we educate our buyers that Manhattan New York Real Estate has many different type of buildings. Depending on your specific financial situation and the purpose of buying Manhattan New York Real Estate, you may or may not be able to qualify in each building by each building's financial standard and requirement. In general, Condos do not have stringent buying requirements as Co-Ops. Condos always can not deny a buyer as long as the financing is in place and seller agrees to sell.

Part of our service as Manhattan New York Condo Specialists, we advise the buyers on the condo prices, trends, locations, building amenities and financial information. Manhattan Real Estate is regional and neighborhood specific, there is not a single market report can describe the entire market place. An Upper West side condo sale prices is not comparable to a condo in Gramercy park. Two condo buildings in the same neighborhood do not always neccessary have the similiar pricing since there are various factors. In order to receive the accurate and precise market statistics, you should contact us in receiving them based on your needs.

To Read More on Manhattan New York Condos Click below links:

1. Manhattan New York Condos and Co-Op Listings. 
2. Buying in Manhattan New York city Must Read.
3. Foreign National Buyers Friendly Buildings.
4. Purchase procedure of Manhattan Real Estate.

If you are looking for a Manhattan New York Condo specialists who understands the buying procedure of Manhattan New York city Real Estate and are looking for the right investmentment, or are selling your property contact Eileen Hsu or Morgan Evans at (917)837-8869 or email us at: ehsu(@)elliman.com