Central Park – Upper West Side
201 West 72nd Street Alexandria Condo in Upper West Side
201 West 72nd Street Alexandria Condo in Upper West Side
Alexandria at 201 West 72nd Street is one of the more prominent Upper West Side condominium buildings. Originally built in 1990, The Alexandria Condominium is a 200+ unit 25 story tall 24 hour condo building.
At the 201 West 72nd Street was built, it established itself as one of the more desirable condominium buildings in the Upper West Side. Conveniently located at 72nd Broadway, a convenient location next to the subway and multiple bus stops and just blocks away from both Central Park and Riverside Park.
Alexandria 201 West 72nd Street Upper West Side Condo
Alexandria Condominium at 201 West 72nd Street from some of the other post-war condominium buildings in the Lincoln Square neighborhood. These features include an extensive amenity package including a health club and pool, sundeck, laundry on every floor. A number of the apartments in the building include outdoor space, extremely tall ceilings, duplex apartments, and spacious layouts including various floor plans which is unique for a post war condominium building.
Located at the northern border of what would be described as the Lincoln Square neighborhood of the Upper West Side. The Alexandria commonly is perfectly located for somebody looking to be in the Upper West Side neighborhood. Even though this is a fairly sizable building at a little over 200 apartments, there isn’t that much turnover of apartments in the building every year.
A range of pricing for condos for sale in the Alexandria at 201 West 72nd Street include:
Studios typically sell from $525,000-$600,000
1 Bedrooms typically sell from $850,000-1,250,000
2 Bedrooms typically start around $1,350,000-$1,750,000
3 Bedrooms start around $2,250,000 and go up from there
What kind of mortgage can Chinese foreign international buyers have to buy NYC condos?
What kind of mortgage can Chinese foreign international buyers have to buy NYC condos?
Many of our buyers are Chinese foreign international buyers from Asia (Hong Kong, Taiwan, Mainland China, Singapore and other countries). Many Chinese buyers decide to buy so they have a place to stay when they come visit New York city, owning a condo is much comfortable instead of staying at different hotels. For many of our Chinese Foreign International buyers, it is a good way for these buyers to diversify their assets and investments by purchasing a Manhattan New York condo. Our Chinese buyers rely on our expertise in finding them the perfect New York city investment.
For Chinese Foreign international buyers asks us if they are able to obtain a U.S. mortgage, this will really depend on several items. (We are NOT mortgage brokers or mortgage bankers, this is for informational purpose only, it can change anytime per new lending guideline and regulation.)
- Status and/or Visa do they have any work visa or residence status in US? Or if they are true foreigner without any US credit history or records.
- Down payment amount: there are few bank will have some lending program for foreigners that do not have any United States Credit history, though the bank will likely to require a higher down payment of 40% up to 60% on case by case scenarios.
- Prior relationship with the bank, many of our Chinese buyers have prior relationship with different banks, if the bank has an office in New York, it may be possible for the buyer to obtain mortgage if there are other investments with this bank.
Please note that we are NOT mortgage professionals, we are experienced Chinese Speaking Real Estate agents that specialized in Chinese and foreign international buyers, we work with a team of mortgage professionals that specialize in foreign international lending.
Majority of our Chinese Foreign International buyers decide to find financing in their home country once they learn about all the lending criteria and requirements set by U.S. banks. The main reason being all the extensive paperwork and documentation required, hefty fees and mortgage closing cost if buyer decides to obtain US financing. Chinese Foreign International home country lending process may be more streamlined and less costly.
If you are a Chinese and/or foreign international buyer looking to purchase a NYC condo email us (http://chinesespeakingagent.com/contact/). We can discuss in details of your options and best way to find the right investment for you.
Are you a Chinese parent looking to buy a NYC condo for your son or daughter?
Are you a Chinese parent looking to buy a NYC condo for your son or daughter?
One of our expertise as Chinese Speaking Real Estate agents is to educate buyers who are parents looking for a suitable condo for their son or daughter that is currently living in Manhattan New York.
Many of our Chinese buyers who are parents, they have purchased their home in other places but their previous Real Estate experiences are almost irrelevant when it comes to buying in Manhattan New York.
As being Asian ourselves, we know what is important for Asian parents. We know parents want the best for your young son or daughter, find a suitable condo in a safe and convenient location is the one of our top priority. We are also financial savvy, we understand your Real Estate purchase is also serving as a long term Real Estate investment, hence it is absolutely beneficial for you to work with us who have extensive experiences working in finding the right property that will meet all of your criteria.
We have work with many Chinese parents who have young adult son or daughter that go to Columbia University, Fordham Law School, New York University, Stern, Parsons school of design, School of Visual Arts, music school and other well known schools. We also have parents buying for their young professional son or daughter who recently relocate to NYC working for different companies.
Each Chinese buyer have very specific and different criterias as we can discuss that when we are on the telephone. Here are few key steps to prepare and understand before your home search
- Time frame – is your son or daughter current renting an apartment? This is important to know so you can plan ahead.
- 45 days to 60 days IF YOU PLAN ON PURCHASE IT ALL CASH, cash means money in your bank account, this does NOT include any offshore financing or creative financing. (this does not include New development or new construction buildings. If new buildings, it can be much longer depending on the building, or it can be quick) Typically, the quickest we can close would be 45 days. If it is a cooperative, then it can be 90 or more days subject to condo board approval. If it is new construction condo, it can be two weeks up to unknown period of time depending on construction stage.
- 60 days or LONGER if FINANCING: If you are planning on financing this investment, be sure to speak to a local Manhattan lender that is familiarize with the market, the lending rules, and the mortgage products that may be suitable for you and your son/daughter.
- Result Oriented and Diligent Real Estate Agent: We are the market experts to educate you the housing market. Based on our detail discussion when you contact us, we will then customize a home search for you and plan all the necessary steps ahead prior to your trip to NYC. You can read about our other Happy Buyers’ Testimonials about us here: (http://manhattannycondosforsale.com/testimonial-past-clients/)
Smart and savvy buyers work with agents like ourselves, contact us today http://chinesespeakingagent.com/contact/ to experience result oriented agents.
Mandarin Speaking Real Estate Agent $1,000,000 Market Report 2013
Mandarin Chinese Speaking Real Estate Agent 2013 New York discuss what kind of housing product Chinese buyers can purchase in Manhattan New York with $1,000,000 USD.
Central Park Condos 紐約中央公園豪華豪宅
Mandarin Speaking Agents in NYC
Eileen (許小姐) is Chinese and English speaking Real Estate agent here in Manhattan New York. Eileen is also a Vice President 副總 of prestigious Manhattan Real Estate firm Prudential Douglas Elliman. She is Ranked in the Top 2% of Sales Professionals & Teams in the United States Prudential Real Estate Network. 我能說流利的普通話和英語。(http://www.ChineseSpeakingAgent.com) Eileen has a team that service both sellers and buyers of Manhattan New York market.
幫兒女買紐約曼哈頓公寓Chinese parents buy Manhattan NY condos for son or daughter
Chinese parents buy Manhattan NY condos for son or daughter
中國父母幫兒子或女兒買曼哈頓紐約的公寓
Many of our buyers are Chinese parents from out of town or country to buy a luxury condo for their son or daughter.
Asian parents knows the value of sending son or daughter to go to school in United States or aboard, New York is one of the US city that is on top parents lists. New York has a very unique and different market than other parts of the world. Buying condo in Manhattan New York can be complicated and stressful if you are not team up with the right agent as this is a very unique market place unlike anywhere else in the country or world. Many parents who are buying for their son/daughter that goes to school (New York University, Parsons school of design, School of Visual Arts, Columbia University, music school, other well known schools) or simple work in Manhattan New York.
Few key steps to prepare and understand before your home search
- Time frame – is your son or daughter current renting an apartment? This is important to know so you can plan ahead.
- Location – Location is everything in buying Real Estate. Where is the school son or daughter will be going to? Or where is their office? Would you prefer a neighborhood that is closer to where they will be going to daily? Or any specific preference? Manhattan New York neighborhoods vary, many convenient and central neighborhoods are in very much high demand. The buyers for those particular neighborhood must act quickly if they see a property they like.
- 45 days to 60 days IF YOU PLAN ON PURCHASE IT ALL CASH, cash means money in your bank account, this does NOT include any offshore financing or creative financing. (this does not include New development or new construction buildings. If new buildings, it can be much longer depending on the building, or it can be quick) Typically, the quickest we can close would be 45 days.
- 60 days or LONGER if FINANCING: If you are planning on financing this investment, be sure to speak to a local Manhattan lender that is familiarize with the market, the lending rules, and the mortgage products that may be suitable for you and your son/daughter.
- Experienced and efficient Bilingual Real Estate Agent: We are the top producing team that is bilingual in Mandarin Chinese and English. We are also the Manhattan New York market experts to educate you the housing market. Working with us will help you find the most ideal condo for your son or daughter and stress free transaction.
若您或您有認識的人想在曼哈頓置產，請您來電給我們(646)644-2929。以我們豐富的交易經驗提供您最完美最完善的服務。我們也提供客製化置產投資諮詢，依您的需求為您找到最好的置產投資計畫。
Manhattan New York Luxury Penthouse with a Pool – 有游泳池的頂樓房
Your very own private pool from your Manhattan Penthouse Condominium. A private pool, not just an outdoor shower or Hot Tub is the epitome of rarity and luxury for a Manhattan penthouse condominium.
Many of Manhattan New York buildings will have a pool as part of the amenity package, these pools are exclusive to the building residents, however your very own private pool is extremely rare.
In Manhattan New York, there are very few condominium with their own private pool, usually less than a hand full. Even then it’s not a guarantee that there will be an apartment with its own private pool.
There are multiple layers of challenges in constructing a private pool on top of any high rise condominium, along with that difficulty comes with it the luxury of being able to walk out onto your roof top deck or terrace and going for a swim anytime you want. (photo courtesy of Mandarin Oriental.)
If you are looking for a private pool as an absolute necessity, you will be either looking at a penthouse condominium or also a townhouse property. There are more townhouse residences that have built in pools in the lower levels of the building than there are penthouse condominiums with roof top pools.
Manhattan NY Penthouses with a private pool starts in the $15,000,000 range.
We have full access to Manhattan New York Penthouse availabilities.
Our team are experienced and knowlegable in Manhattan New York Real Estate market. Many of Eileen’s past clients work with her and her team because of our aggressive approach in searching for their one of the kind unique Manhattan penthouse. They are also very satisfied with our detail oriented service faciliating every step of the way to ensure a smooth purchase for these very busy and important penthouse buyers.
Eileen Hsu is also a bi-lingual Chinese and English speaking Real Estate agent that have worked with many top Asian CEO and business executives in finding their Manhattan New York Penthouses, often they used the New York Penthouses as their vacation home or a future investment when their young children decide to go to School or Universities in New York.
Penthouses with a pool is hard to come by, to be on the VIP list on the first notification basis on the penthouse you wish to purchase, call Eileen Hsu and her team today at 646 644 6929 or email us (http://chinesespeakingagent.com/contact/) .
Mandarin Chinese Speaking Real Estate Agent NYC
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. 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!
下面是其他重要的文章中的信息:
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？
30 West 61st Street New York New York 10023 – JUST SOLD, Studio apartment $480,000
30 West 61st Street New York New York 10023 – JUST SOLD, Studio apartment $480,000.
We work with many parents buying for Children for young adult son or daughter that either go to school here in NYC or work in NYC. This studio apartment is perfect for that purpose or an investor who is looking to park their cash in Manhattan New York Real Estate.
This studio apartment has South facing sunny exposure, open kitchen, plenty of closet space, it is perfect for someone who loves Upper West Side, or work/go to school near the neighborhood.
The Beaumont Condominium is a fantastic Condo building in the heart of the ever growing Lincoln Center and Columbus Circle community. 30 West 61st Street is a 31 story brick building, with 166 units including studios – 3 BR’s and 5 penthouses (each with its own roof top decks and fireplaces).
The building has 24 hour Doorman, Concierge, and a Superintent in the building. Laundry machine on each floor, the parking garage (separate monthly fee) is in an adjacent building, and there is a green landscaped courtyard for building residents to enjoy.
Here is a youtube video on the wonderful neighborhood of Lincoln Square in Upper West Side Manhattan New York.
This apartment is sold, but we do have other studios or apartments very comparable to this studio. Call us today at (917)837-8869 so we can discuss in detail what you are looking for and find the perfect fit for you.
Call 紐約地產經紀 Eileen Hsu 許雅嵐 today at (646)644-6929 so we can discuss in detail what you are looking for and find the perfect fit for you.
Here are other blog posts you may find helpful:
Condos near NYU (New York University)
Use Local Experts for your Manhattan New York condo purchase
Parents Buying for Children Manhattan New York condo MUST READ
Call 紐約地產經紀 Eileen Hsu 許雅嵐 today at (646)644-6929 so we can discuss in detail what you are looking for and find the perfect fit for you.
曼哈頓交易問與答:怎麼在紐約房地產界出價?
紐 約曼哈頓在地產界是個奇特的市場，他是個世界金融中心，也是時尚的趨導者，這些眾多優勢吸引了各式各樣買家從世界各地擁入這地方。由於國外買家不清楚紐約 特有的交易規則，經常會誤解紐約的交易程序。國外買家經常會用他們本地的交易方式套在曼哈頓的交易方式，忽略到紐約的交易方式並不是如他們所想像。介由我 們—我們會跟您詳細的解釋紐約房地產交易過程，迎導您如何觀察紐約房地產市場、怎麼進/出場、怎麼在適當(優勢)時間出價、及怎麼讓您入戶您想要的公寓。 讓您馬上瞭解紐約這一塊獨特的房地產世界。
不像其他國家或美國別州，在紐約，當買方介由我們(房仲業者)出價給賣方時，買方及我們不需要簽任何合同或同意書。
在 紐約，合同(契約)並不是由房仲業者來寫。交屋日期也不是地契公司 來挑選。紐約曼哈頓是一個房市仲裁區，所有房地產有關的業務都必須經由有紐約曼哈頓房地產認證許可的律師處理。買方及賣方各自需要一位有認證許可的律師代 表他們處理這些業務。我們在業界有許多交易經驗及人脈，可以介紹及提供最適合您購屋需求的律師給您。
資金證明：若是全現金交易，必須提供銀行存款或證券證明，證明有足夠的資金交易。若有貸款條約–須提供任何一家美國銀行的貸款許可文件。
任何保障條約：在 紐約曼哈頓，若要先脫售自有的地產來完成這交易–經常出現的條約為1. 確保銀行貸款批准 2. 確保銀行轉匯完成交易 3. 其他交易的保障. 曼哈頓房地產業界平時並沒有驗屋期這程序，因大部份的商品都是公寓結構，或合作公寓，沒有像獨棟樓房那類的驗屋期。也因此大部份時候契約合同上並不會有像 其他州有的驗屋條約這項，曼哈頓公寓基本交易方式就是照原樣買。
交屋日期：這 會根據您買的是新建計畫還是二手房而定。若是新房而賣家是建商，房屋也已完善，交期可以在一兩個星期內完成；若計畫還在建設中，這交期也相對的跟建設完善 後而定。若賣家是轉賣，而且準備好要搬遷，跟全現金交易— 交期會在公寓委員會四十五天內批准後而定。(若是要貸款購屋—交期會在公寓委員會60 ~ 90天內批准後而定。
個人財力資料：有時因多人搶標一個提案，賣方或合作公寓委員會會要求買家的財力資料。財力資料包括：薪資報稅單，財產/土地證明，銀行存款，證券證明及其他相關資料。若是要購買合作公寓(cooperative)全面申報是個必要程序。
當賣家口頭上接受買家的出價，我們(仲介)會馬上提供資料給有認證許可的律師提寫契約合同。我們傑出的律師團隊會依據您的需求提供您最好的服務及保障，確保您的置屋經驗是完美的。
若您或您有認識的人想在曼哈頓置產，請您來電給我們(646)644-2929。以我們豐富的交易經驗提供您最完美最完善的服務。我們也提供客製化置產投資諮詢，依您的需求為您找到最好的置產投資計畫。
曼哈頓交易問與答：誰能幫我維修公寓？
Riverside Park and Riverside Blvd condos in Manhattan New York
RIVERSIDE BLVD Manhattan New York
Riverside Boulevard is the location of the Trump Park Buildings and now the Extell Development Buildings in the Upper West Side. Not to be confused with Riverside Drive which starts at 72nd St and goes north, Riverside Boulevard starts at 72nd St and goes SOUTH. Right now it end at 62nd St, but will be lengthened as new development, specifically the Riverside South development project begins.
The Riverside South project was notably developed byDonald Trump and his partners. Not an easy project that took some time to actually happen as it was a
complicated and massive development deal. The area was originally a freight rail yard owned by New York Central Railroad. Also complicated the development was the West Side Highway, which had to be buried for a certain amount of road.
After decades and many different configurations the project finally came to some fruition as a number of hi-rise condominium buildings were built under the Trump Place name and the Riverside Boulevard address was born. Riverside Blvd is home to the Trump Place buildings and now a number of Extell development buildings including The Rushmore and the new condominium the Aldyn. There is still southern expansion of the area that is going to be the home of more condominium building’s along with planned parks, school, retail and community involvement.
Some of these buildings include 240 Riverside Blvd-The Heritage at Trump Place, 200 Riverside Blvd, Trump Place at 120 Riverside Blvd, 100 Riverside Blvd-The Avery, 80 Riverside Blvd-The Rushmore and 60 Riverside Blvd-The Aldyn.
To Read More Useful Blog Posts:
- How to make an offer for Manhattan New York Condos
- Chinese Speaking Agent-Another Successful transaction
- How to buy Manhattan New York Real Estate as Foreigner
- Must Read list for Manhattan New York Condo Buyers
If you are interested in purchasing, renting, selling or investing in any of the condominium buildings on Riverside Blvd contact us today at (646)644-6929 or Email http://chinesespeakingagent.com/contact/
Central Park New York Condos With Terraces
Central Park Apartments with terrace Have you been looking for a Central Park Condo with a terrace or outdoor space? There are very few buildings that have that rare of all Manhattan condominium features, your very own outdoor space. Having your very own private terrace or balcony is a highly desirable feature.
To begin with, there are very few condominium buildings that directly face Central Park. Now add in the combination of having outdoor space and you are looking at a very limited section of the market. To get a Central Park view, you either have to live in a building that directly faces Central Park, such as Fifth Avenue on the Upper East Side, Central Park South, or Central Park West on the Upper West Side. Or you need to find a condominium building that is tall enough to clear the buildings in front of it and still see Central Park, a building like 101 West 67th Street-The Millennium Tower, 25 Columbus or 60 Columbus Circle at the Time Warner Center, 1 Beacon Court or 721 Fifth Avenue, or the Park Imperial, just to name a few. The general room of thumb is that the higher the floor in a building, the more than likely you will not have accompanying outdoor space. Can you imagine being 60 stories up with a huge outdoor terrace?
To find a Central Park Condo with a terrace, you will probably have to live on one of the exclusive avenues facing Central park directly. A few examples of Central Park condos with terrace’s could be found at a building such as 160 Central Park South-The Essex House or 15 Central Park West, 279 Central Park West, on the Upper East Side at 1212 Fifth Avenue and other select Fifth Avenue Buildings.
Expect pricing to be quite specific to each building. Any apartment with direct Central Park views is not priced like other apartments that might be similar in size, they are priced and compared to other Central Park facing condos.
If you want the Central Park View but don’t absolutely need the terrace
and want to save on price then moving to a taller building that still has unobstructed views of the park is a great option. There will be more selection, compared to a search with outdoor space.
Overall, a search for Central Park Condos with a terrace will include some of the most exclusive apartments in all of Manhattan, having your very own apartment facing Central park is well worth the investment.
Contact us (http://chinesespeakingagent.com/contact/) or call (646)644-6929 directly to discuss what exactly you are searching for in terms of the Central park apartment with terrace. These apartments are one of the kind and not always available, we can start the conversation early and we will put you on the list to contact as soon as one becomes available if they are not currently on the market.
To read more about Central Park neighboring buildings or Manhattan Real Estate market, see blogs posts below:
Chinese speaking Real Estate Agent NYC – Another Successful Transaction
I am a Chinese Speaking Real Estate agent in New York, myself and my team are fluent in Mandarin, Shanghainese, and other Chinese dialects. We often helped many buyers from out of town such as New Jersey, California, Vancouver, or out of the country buyers from Hong Kong, China, Taiwan and other countries to find their perfect Real Estate investment.
As a Chinese speaking Real Estate agent here in New York, I receive many phone calls from buyers who are buying for their children who are in New York for work or school. We are able to help them identify the best investment for them by educating them about the unique Manhattan market place, evaluate what is important for them, understand the purpose of buying in Manhattan New York.
Today, another successful transaction has been closed. In this transaction, myself and my team represent the buyers who seeked out for a knowledgeable and experienced Chinese Speaking Real Estate agent. It is always a fantastic day when the buyers are happy with their purchase, it makes the hard work worth it.
Here is a photo of everyone at the closing table today.
Happy Buyers with their child, Sellers, and their perspective attorneys.
我是許小姐Chinese Real Estate Agent in New York,曼哈頓房地產的專家，我幫助了許多中國和亞洲人為他們的孩子在紐約購買曼哈頓房地產.曼哈頓房地產是於世界上任何其他地方或國家不同,也於其他美國州不同.
Chinese Real Estate agent in New York 購買紐約曼哈頓公寓作為父母為子女購買，你應該明白你的預算和時間。這是一個五年計劃，同時你的孩子去學校在紐約嗎？我們與許多父母是誰買他們的兒子或女兒去紐約大學，帕森斯設計學院，視覺藝術學院，哥倫比亞大學，Jillards音樂學校和其他知名學校這裡在曼哈頓紐約。這是您的兒子或女兒，目前正在曼哈頓？他們有一個穩定的工作或財務自由嗎？他們目前可以出租和租賃即將到期或每月安排？重要的是我們知道的原因和時間，以便我們能夠縮小搜索你。
Chinese Real Estate Agent in New York 購買紐約曼哈頓公寓作為家長為孩子買，你應該與貸款顧問,會計師,曼哈頓房地產律師討論購買程序。會計師：如果你正計劃共同購買的公寓與您的孩子，一定要討論可能的稅務並發症則可能是你的會計師。您的發言之前，您購買的會計師可以是非常有益的。 許小姐Chinese Real Estate in New York 購買紐約曼哈頓公寓作為父母為子女購買，經驗豐富的曼哈頓公寓的專家來指導您完成這一進程，並瀏覽了曼哈頓房地產迷宮。無論你是首次置業，或投資者，購買和出售的多個屬性在其他地區或國家的美國，我們可以提供幫助。了解當地市場與市場專家能最大化您的投資，並避免任何可能發生的問題作出的規則。我們的許多客戶是第一次來的投資者，他們買了許多曼哈頓公寓的。如果您想購買曼哈頓房地產，現在與我聯繫（646)644-6929 許小姐.
Eileen Hsu (許小姐) Vice President 副總 Prudential Douglas Elliman
Mobile (手机): (646)644-6929
Dorchester Tower NYC-155 West 68th Street NY NY 10023
155 West 68th Street-Dorchester Towers Condo is close to Lincoln Center, Central Park, Riverside Park, Supermarkets (Trader Joe, Food Emporium, Fairway, Zabar, just to name a few). This building has a 24 hour doorman and concierge, separate package room, management on site, roof deck and multiple floors of laundry rooms.
This spacious alcove studio in Dorchester Towers condo has MINT RENOVATION of both bathroom and kitchen, walk in closet and storage space, and a generous sleeping alcove space. It is Western facing with plenty of natural sunlight. Call 646 644 6929 to see this.
Dorchester Towers Condo-155 West 68th Street NY NY 10023
Dorchester Towers located at 155 West 68th Street New York NY 10023 is located in one of the most prime Upper West Side Condos locations. Just blocks to Lincoln Center, Dorchester Towers is one of the longest established Upper West Side Condo buildings.
This Upper West side condo was built in 1965 originally as a rental building when the Upper West Side was still an up and coming neighborhood. Dorchester Towers at 155 West 68th Street is now in one of the most desirable and convenient Upper West Side locations. Converted in the late 1980′s into a condominium building Dorchester Towers Condos is a full service doorman building. Dorchester Towers has a roof top deck, laundry on every floor, bike room, on-site management, and circular driveway.
Dorchester Towers has some of the most attractively priced Upper West Side Condos Sales and Rentals available. Whether you are looking for a Upper West side One bedroom condo or two bedroom condo for sale, Dorchester tower condo may be the the building for you.
At Dorchester Towers, Dorchester Towers is one of the most desirable Upper West Side Condos buildings. If you are looking to purchase a Lincoln Square Condo contact us at (917)837-8869 or (646)644-6929 today.
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Checklist for Manhattan New York Condo Buyers
We are Manhattan New York Condo specialists, 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.
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 your homework on finding an Real Estate agent to work with. What is it that you are looking to buy? You want to find an agent that is familiar with the product that you are interest in buying. We are very well versed in Manhattan New York market, we have sold many Manhattan New York condos to first time home buyer, first time investors, foreign internationals, parents buying for children and many serious and motivated buyers. A Condo or Co-Op? Uptown or Downtown? Do you speak specific language that you preferred the agent speaks your mother tongue? Do you need an agent that work specifically with foreigners? Go on a search engine such as Google, try type in what you are looking for, and see if any agent shows up on the search result.
- 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 (646)644-6929.
Manhattan New York condo buyers frequent asked questions:
- HOW TO MAKE AN OFFER in Manhattan New York Condominium Market?
- What is Common Charge in Manhattan New York Condominium Market?
- Who can fix my Manhattan New York condo if something breaks
Chinese Speaking Real Estate Agent-Eileen Hsu
Eileen Hsu 許小姐, Chinese Mandarin Speaking Real Estate agent explains the price point differences based on neighborhoods and size of the condo apartment in Manhattan New York condo market.
Foreign Buyer Buy NYC Condos-FAQ
We as Manhattan Real Estate professionals, we work with many international foreigners wanting to invest in Manhattan Real Estate. In addition to educate foreign buyers about the maze of Manhattan Real Estate market, our specialty is facilitate the purchase to ensure the transaction is smooth and successful. Below are some frequent asked questions by our foreign buyers, the answers are formulated by our team of professionals (tax accountants and attorneys who also specialized in foreigners purchase in Manhattan New York.) These answers are general and not case specific. To best address your specific needs,contact us directly by email or call (646)644-6929.
Can Foreign Nationals buy a NYC condo without having Social Security Number or US residency?
Yes, they can legally, but have to meet the NYC Condo board’s requirements for approval. At the sale of the real property, Non-resident aliens are subject to federal withholding tax at 10% of the gross sales price, and to a 8.97% New York State estimate income tax on the net sales proceeds (gains).
Can Foreign Nationals with work visa or student visa buy Manhattan Properties?
Yes, they can legally, but have to meet the condominium/coop board’s requirements for approval. If they remain non-resident aliens at the time of the sale of the real property, they will be subject to the same taxes at the time of sale, as above.
If not, what kind of documents should a foreign nationals prepare to be able to buy?
In order for a Foreigner to buy NYC condo, they need to have a valid passport and/or other official photo ID for identification purpose.
What are the Options for Foreign Nationals (non-residents aliens) to hold title for NYC condos: (these answers are information only, we are Real Estate professionals, therefore, before you make a specific decision, we recommend you to discuss with our team of attorneys and tax accountants for your specific case.)
- Individual: Individual may be exposed to unlimited personal liability, and to estate issues, for instance, inheritance, will probate and estate administration, when the individual owner dies.
- LLC: Limited Liability Corporation provides insulation for members from personal liability, but will incur maintenance costs, such as filing fees for its formation, annual franchise tax and is subject to higher formation costs (higher than a corporation).
- Trust: Trust is an unincorporated entity, cannot hold title by itself; title must be reqistered in the individual trustee’s name.; the individual trustee may be exposed to unlimited personal liability.
- S Corporation: S Corporation is a legal entity, insulates shareholders for from personal liability, does not pay income tax itself, the income tax liability is attributed to the shareholders. It is subject to filing fees for incorporation, annual franchise tax, etc.
- C Corporation: C Corporation is a full fledged legal entity. It provides shareholders insulation from personal liabilities. It is a taxable entity for corporate income tax. Any distribution of after tax profit to shareholders in the form of dividends will be subject to income tax for the shareholder. It incurs maintenance costs, such as filing fees for incorporation, annual franchise tax, etc. Its filing fees are less than that for the LLC.
- Limited Partnership: the limited partner’s liability is limited to his/her capital interest in the limited partnership, whereas the general partner will be subject to unlimited personal liability. Limited partnership, like general partnership does not pay income tax. The income tax liabilities are attributed to the individual partners. A limited partnership need to file the partnership agreement with the government.
*These answers are general and not case specific. To best address to your specific case, contact us directly at (CONTACT US) and we can set up a confidential consultation.
If both husband and wife have green cards, will they pay tax similarly as above options?
Resident individuals owning real property pay the same taxes, but not subject to the gross 10% federal withholding tax and the 8.97% New York State estimate income tax on the gains at the sale of the real property.
Can the Foreigners avoid United States taxes?
The taxes cannot be avoided. The non-resident investor must pay the above taxes at the time of closing of the sale, without the tax payments, the deed will not be accepted for recording. After having paid the taxes, the non-resident investor may, but need not, keep the proceeds in the U.S. without additional tax (except income tax on the interest payment on such proceeds).
- Foreigner Buy NYC Condos-What kind of properties can a foreigner buy in NYC?
- Foreigner Buy NYC Condos must read.
- Foreigner Buy Manhattan NY Condo Information Source: http://manhattannycondosforsale.com
Breathtaking views at 25 Columbus Circle-Time Warner Center
Many of our VIP buyers love this condo building. Time Warner Center is located on the corner of Central Park south and Columbus Circle. This beautifully constructed, mixed-use, two -towered, glassed buildings replaced the old New York Coliseum on Columbus Circle and was completed in 2004/2005.
The Time Warner Center complex consists of retail space with shopping center, offices that include the headquarters of Time Warner, a jazz concert hall for Lincoln Center for the Performing Arts, a five star Mandarin Oriental hotel, CNN TV studios and over 200 condominium apartments.
The building has several street addresses: including 25 Columbus Circle for the South Tower and also known as One Central Park, 80 Columbus Circle for The residences at the Mandarin Oriental hotel, and 10 Columbus Circle for offices.
Columbus Circle Condos Part 1 – Time Warner Center condo- As of August 2010: here are the market prices for 80 Columbus Circle also known as Mandarin Oriental residences (SOUTH TOWER) :
- 9 active sales listings: $5,839 per ft² (median)
- 28 previous sales listings: $4,051 per ft² (median)
- 62 recorded sales: $6,575,000 (average price)
- Two Bedroom condominiums starts at $5,700,000.
- Three Bedroom condominiums starts at $18,000,000.
If you would like to receive specific Time Warner Center Condo information, please contact us at 646. 644. 6929 We can discuss specifically as to what exposure works best for you.
Other Time warner Center and Central park New York condos information:
- Neighborhood of Central Park South
- Central Park Condos
- 15 Central Park West
- Central Park NY area Home Search
