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Chinese Real Estate Agent work with Different Chinese Real Estate Buyers

Chinese Real Estate Agent work with Different Chinese Real Estate Buyers

We are Chinese Real Estate Agents team that is fluent in English and Mandarin Chinese and have lots of working experiences with different types of Chinese Mandarin speaking buyers looking to buy in Manhattan New York. We are a bilingual team facilitate sales between Chinese speaking buyers/clients with English speaking sellers, co-brokers, developers, investors.

As Chinese Real Estate buyer’s agent service – Our successful track record is recognized every year at our company award show, we are the Chairman Platinum Award recipient in year 2011, 2012, 2013, 2014 and 2015. We are consistently the top producing team among our market place and Manhattan New York.

Chinese buyers contact us to look for many Real Estate opportunities in Manhattan New York, here are some of our buyers:
Chinese parents buying for children that either go to school or work in New York:
Chinese culture prefer to buy versus renting, parents often work hard, have a good saving plan to send children oversea to higher education and eventually buy them a home. Majority of our buyers are parents that either live in Asia (China, Taiwan, Hong Kong, Singapore and etc) or out of town that has a son or daughter that is already in New York.

This big city New York has many universities and academic schools offers great International student programs to further their education. We have work with parents that have children go to School of Visual Arts (SVA) studying communication design, we looked for top condos near School of Visual Arts or close proximity that is comfortable enough for them to commute. Other than SVA, there is Parsons, which many of our past clients have son or daughter studying Fashion Design at this top rated university, we know what condo building that will be suitable for your search.

New York University (NYU) that has different campus in different neighborhood of Manhattan New York, depending on if the child goes to NYU Stern Business school or NYU Dental school, we have a list of top condos near those NYU campuses.

Many Chinese parents are also buying because their son or daughter work in New York, we as Chinese Real Estate Buyer’s Agent team had helped many parents that have a son or daughter work for financial institutions, and depending on where the office is located, there are a lot of Manhattan Midtown East or Midtown West condo options, as well as Financial District neighborhood offers great deal of condo options for buyers.

RiversideBlvd_TrumpCondos
Chinese buyers who purchase for the future:

As we mentioned before, buying Real Estate is a part of Chinese culture, we know it is a sound investment if we find the right property. Many of our Chinese buyers often are very smart and sophisticated, they are well informed with current events and world news, often they look for the right opportunity to purchase. We have work with buyers who purchase because maybe their young child who is 4 or 5 years old one day would like to move to Manhattan New York, they secured a good property now at today’s pricing, when their young child is grown, perhaps they will trade in for a more spacious and larger apartment, and for now, they will hold the property either use it when they visit New York or rent out to long term tenants.

We have sold many newer construction condos to Chinese buyers because the pricing is attractive and there is no hassle in renovating the apartment or near future upkeep. There is also a good future price appreciation in New construction condo when we select the right one for the purpose.

For parents with young children, often they ask about schools in New York and like some guidances in Manhattan school system. We have worked with parents that we connect them with the right school consultants and educators to them so that they can be well informed. Prepare children for their future education is all Chinese parents top priority, we offer our resources for parents that would be interested to know more.We provide many life essentials and resources for our international Chinese buyers.

CentralPark_ChineseAgent

Chinese Real Estate Investors:
We work with many oversea international Chinese Real Estate Investors, many of the investors are savvy and have purchased Real Estate other parts of the world or country. These groups of Chinese Real Estate investors are extremely numbers savvy and rely on the ROI, Return on Investment yield to make decision, when we work with these Chinese Real Estate investors, we provide them with details of assessment and diagnostic of each project.

Our Chinese Real Estate investors are interested in residential buildings, commercial spaces, development land sites, to hotels and various Real Estate venture projects.

International and Chinese Real Estate Investors work with our Chinese Real Estate buyer’s agent team to discuss what they like to achieve. Some investors are more aggressive would like to immediate return and high gains, while others prefer a longer term investment that they can reply on. We consult them on what is realistic goals and what can be achieve within their comfort zone.

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Regardless of our buyers intention and motivation in buying and investing in Manhattan New York, our special client base are high net worth buyers from various countries in Asia and as well as in United States, we have been connecting New York properties and investments to our special clients for the past decade. The buyers trust in working with us because we have their best interest at heart. When it comes to advise our buyers, we complete an extensive research and due diligence before presenting the investment opportunity to our clients as time is valuable for our international clients.

If you are an New York city Condo Sellers or Developers, we would be happy to discuss how you can benefit from working with our team to maximize your marketing exposure to an very special specific oversea market. We work with highly financial qualified buyers that are seeking to purchase multiple investment condominium units.

MeatPackingDistrict

We speak with many Manhattan New York sellers that have unique properties in New York and investment opportunities that they would like the special exposure and attention of our high net worth Chinese buyers.

We also work with many different buyers whether they speak Chinese or English in various stages of purchase. If you are a buyer and already found the right property that you would like to present an offer, call us, we can represent you and facilitate you through out the process. We ensure your buying process is smooth without any mistakes.

If you are a buyer had just started looking for property. Contact us and we can work on a plan for you to find the suitable property within your desirable time-frame.

You can reach our team by calling (646)644-6929.

Email us https://chinesespeakingagent.com/contact/

Read more about our Chinese-speaking Real Estate service team:

Buyer Service 買家服務

https://chinesespeakingagent.com/about-eileen/ 

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Taiwanese Chinese Real Estate Agent in New York city

Taiwanese Chinese Real Estate Agent in New York city

Living in Manhattan New York and working as Real Estate agent helping others to find different homes for them, being bilingual Taiwanese Chinese Real Estate Agent in New York city is one of the biggest asset.

New York city has 40 different languages and dialects spoken in this metro area. You could not walk around Manhattan without hearing a foreign accent on the busy street or on Subways.

As a Taiwanese-Chinese Real Estate Agent in New York city, I learn majority of the spoken and written language while I was growing up in Taipei Taiwan. I was born in Taipei Taiwan (Republic of China) 臺灣, The main island of Taiwan, is known as Formosa (from Portuguese  Formosa, meaning “beautiful (island)”), is located in East Asia off the coast of China.

Majority of people in Taiwan speak both Standard Mandarin (officially recognized by the Republic Of China as the National Language) and Taiwanese Minnan (also known as “Taiwanese”; a variant of Min Nan spoken in Fujian province).  

Mandarin is the primary language that is taught in schools, now many are embracing the old culture and speaking more and more Taiwanese, so there are radio and television stations broadcast in Taiwanese not Mandarin.

I SPEAK BOTH MANDARIN and very simple TAIWANESE, my grand-parents from my father side only speaks Taiwanese so I had to learn the language growing so to communicate with her.

When our family moved to New York when I was a 13 years old, going to English speaking American schools, I often want to speak English more than Chinese so that I can fit in with others in the school. I often not want to speak much of my own language in school because I was learning my way around how to speak like ‘an American girl’ with a proper accent. As an young girl, I wanted to be like everyone else in school. It was not an easy process especially now in a new environment and trying to make new friends without knowing the language can sometimes be very scary.

I learn my English through ESL classes (English as Second Language class) with many other students in the school who also speak another language at home. There were many different nationality students in the class, Chinese, Korean, Greek, Indian, Ecuadorian and others, we enjoy our English learning process. Even though English was not our first language and most of us excelled in other subjects in the school.

Although my family have always remind me not to forget Chinese language as one day it will be very useful for me. Here is a glamour photo of me when I was perhaps around 7-8 years old.

EileenHsu

Fast forward, decades later, Chinese is now one of the most highly desired language among job hunting field and many parents we see are sending their children to Chinese language schools so young children can learn Chinese.  Chinese is one of the harder language to learn later on in years, I was lucky that it is my native language.

Being a Chinese Mandarin Speaking Real Estate Agent in New York, I have been able to helped many buyers who does not speak English to find the condo and investments they are looking for, and working with many sellers and buyers who also share the same culture heritage. I have been servicing oversea investors that speaks Chinese and connecting sellers who would like to sell their property to oversea investors using my language and culture connection.

If you are a buyer looking to work with a bilingual speaking and experienced agent, we would love to hear from you.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。you can email us: https://chinesespeakingagent.com/contact/

If you are a serious seller that would like to have your property showcase to our oversea buyer connection. Please contact us now at (646)644-6929.

Chinese Real Estate Investors work with us Chinese Speaking Agents

Chinese Real Estate Investors work with us Chinese Speaking Agents

In the recent years, in our own business, we are seeing 40% of increase of many sophisticated oversea Chinese investors and buyers coming to Manhattan New York and have strong interest in investing in New York residential and commercial properties.

Our Chinese Real Estate Investors that work with our Chinese Real Estate Agent team to discuss their overview goals of what they like to achieve. The investors are very keen on New York because they understand that this city is a safe city for long term Real Estate investments.

When the Chinese Real Estate investors coming from Asia, depending on their travel schedule and preference, we provide them with the latest market trend, data and stats, inventory, and upcoming investment opportunities.

Chinese Real Estate investors also feel comfortable in working with our team as we speak their language, we can easily discuss with them the difference in purchasing Real Estate here in Manhattan New York versus to their home country or province. We have the same culture, so there are many nuance that is not spoken by words but understood.

Many Manhattan New York condo owners and developers contact us as they would like to work with Chinese Real Estate investors, Chinese buyers are now making headliners in purchasing some of the most expensive properties in Manhattan New York. We welcome any condo owners or developers to contact us so we can discuss how we can work together and create a working relationship. 

 

Below are some recent articles about Chinese Buyers active in New York city Market:

Chinese Buyer purchased at $70M Manhattan coop http://therealdeal.com/blog/2015/03/10/chinese-buyer-pays-70m-for-sherry-netherland-co-op/

Chinese Buyers pushed up New York city and London Prices: http://www.bloomberg.com/news/articles/2015-01-19/chinese-hunt-for-trophy-properties-pushing-up-nyc-london-prices

Chinese Insurers companies active looking for properties:http://therealdeal.com/blog/2014/10/06/why-chinese-insurers-could-be-next-big-nyc-property-buyers/

Merry Christmas and Happy Holidays from your Chinese Speaking Agent NYC

Merry Christmas and Happy Holidays from your Chinese Speaking Agent NYC

This time of the year New York city is decorated by festive colorful holiday lights. Many of our international clients agree that Christmas time is a wonderful time to visit New York city and take in all the high holiday energy this wonderful city has. We want to thank all of our wonderful buyers and sellers to make 2014 a glorious year and we look forward in assisting you in your selling and buying in 2015.

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Mandarin Chinese Speaking Real Estate agents in NYC wish you a MERRY CHRISTMAS

We Mandarin Chinese Speaking Real Estate agents in NYC wish you a MERRY CHRISTMAS and HAPPY HOLIDAYS to you and your family to our friends and readers who read our blog posts and take the time to always make comments.

We look forward to help you and your family/friends buy or sell Manhattan New York Real Estate in 2014. 

Mandarin Chinese speaking agent Eileen Hsu and her mother.

Mandarin Chinese speaking agent Eileen Hsu and her mother.

100 West 39th Street-Bryant Park Tower

100 West 39th Street: BRYANT PARK TOWER: DOUBLE PARK VIEWS from this CORNER 38th Floor Condo unit. It is Overlooking Bryant Park, with Views of The Chrysler Building, Dramatic Manhattan Skyline and Through Central Park and Beyond! Sparkling, Bright, with Huge OverSized windows, this Sunswept North East One-Bedroom Sanctuary features Bamboo Floors, Separate Dining/Office Area, Fabulous Closet Space, Sleek translucent Italian Iceglass doors, Limestone thresholds, and a Dream Kitchen with White Oak cabinetry, White Marble countertops, Lightolier lighting and Never-Used Appliances, all with a Soothing Spa-Like Pristine Bathroom outfitted with an Ivory Porcelain floor, Zuma tub, Heated Mirrors, Italgraniti Ceramic tile! This Top Condo with Doorman, “Quintessentially” concierge service, Free Laundry facilities, fitness room with flat screen TV’s, Parking. Located in the Heart of the City.

Charming East Village One Bedroom Co-Op

This East Village One Bedroom apartment is located in the borough of Manhattan in New York City. It lies east of Greenwich Village, south of Gramercy and Stuyvesant Town, and north of the Lower East Side. Within the East Village there are several smaller neighborhoods, including Alphabet City and The Bowery.

88 Greenwich Street – Financial District New Development

As Manhattan Condominium Market is seeing some slowdowns in Sales, the new developments sales are also slowing down compare to 6 months ago.  Sellers and Seller agents are working hard to come with creative marketing to help sell more condominiums, developers are no different.

88 Greenwich Street located in the Financial District of Manhattan is one of my personal favorite New Development around. Unlike any other New Development in Financial District, this project has sold out over 90% and the last few units left are up for negotiation if the buyer has the right buyer’s representation.

88 Greenwich Street is 37-story, Art-Deco story skyscraper also known as the Greenwich Club, has been converted from a rental to a condominium apartment.

Habour Room

Library on the main level of the building with Piano bar

Sky Deck on top of the building with River views

Overall, 88 Greenwich is a fantastic project. I love the location, with three subway lines within three blocks, and the Downtown area is growing rapidly. I am told by all of my past clients who bought in the building, they told me the management and maintenance to be great, and the super was very helpful as well.

Contact us today at (646)644-6929 to find the suitable Financial District condos.

Manhattan Condo Tour: We are Chinese speaking Real Estate Agents in NYC!

Yesterday, our team started our 2009 Sunday afternoon Manhattan Elite Condo Tour.  The property prices ranged from $5 million to $13 million. We had about 20 or so buyers and their family and friends to join us on this fantastic tour. We received over 50+ inquiries in the first week of the launch of this campaign, and we will continue our tour scheduling for the year of 2009.  The tour features some of the best condominiums for oversea buyers, both as a second home and as investment property.

每周日下午, 金屋网组织曼哈顿高级康斗参观团(Condo Tour). 每周参观的地段不一. 欢迎免费报名参加. 参加者会收到一份分析纽约曼哈顿房地产市场的最新资料”曼哈顿地产必读”.请输入您的姓名, 电话和Email, 以便收到最新康斗免费公展信息.

Our first stop was ‘The Veneto’ 250 East 53rd Street, it is a 34 story full service building of Composed Perfection. Great amenities at the Veneto condo residences include the Fitness Lifestyle by Equinox, including Private Fitness Center and Fitness Concierge Services and the children’s play room, aptly named “Arcobaleno,” are perfect retreats for residents.

Our buyers absolutely loved the building, the location, the finishes of the kitchen and bathrooms. Some commented that the bedrooms were smaller than they preferred, but they were delighted to see that there was ample closet space in each room, and they were all in awe with the unobstructed views of the Manhattan Skyline!

Our Second Stop was the Milan, 300 East 55th Street. The buyers were very impressed by the design and style of the building lobby. They thought it was very grand, spacious and airy.

(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.)

300 East 55th Street, Eileen Hsu

在房地产买卖中, 最重要的第一条原则是房地产的地段和位置. 曼哈顿住家房地产的位置更加重要. 因为曼哈顿面积很小, 不同地段的公寓特点独特, 位置不同, 价值完全不一样. 买不同的地段之前, 必须了解曼哈顿区域和地段. 曼哈顿可以分为以下几个地区:上城东区(Upper East Side), 上城西区(Upper West Side), 哈来姆(Harlem), 中城东区(Midtown East), 中城西区(Midtown West), 桥西区(Chelsea), 格林威治(Greenwich Village)和东村区(East Village), 叟湖(SOHO), 和华尔街金融区(Financial District).

不同的投资者, 有不同的投资目的. 一般来说, 上城东区, 上城西区, 中城西区, 中城东区, 桥西区和华尔街金融区, 有不少位置优异, 条件最佳的高级公寓, 房屋交易频繁, 非常活跃, 保值的因素最佳,出租市场更加活跃. 当然其他的地段也看到很多升值的现象. 我们房地产经纪人的主要工作是协助您找到最佳地段, 最佳公寓, 最合适你的投资目的. 帮助你找到您最喜欢的高级公寓. 我们也可以提供您的房屋出租服务.

Our third Stop was 207 East 57th Street, Place 57. Place 57, grandly located at one of the world’s most international addresses, is an inspired work of architecture thoughtfully interpreted to offer the intimate and embracing elements of home. Rising a graceful thirty-six stories, this arresting glass tower created by acclaimed architect Ismael Leyva consists of sixty-eight luxury residences. Our buyers loved the location, thought it would be very easy for them to travel to work in the morning and also be able to dash out of Manhattan on the weekend since it is right by the out of town bridges.

很多人可能认为纽约曼哈顿的房地产很难购买, 不知道从哪里开始. 我们的网站和服务, 不仅提供地产市场分析, 市场走向分析, 中国人购买房地产的特殊问题, 曼哈顿区域地段知识, 新建高级公寓购买问题, 而且提供房地产有关法律规定, 房屋贷款问题, 以及美国个人所得税和财产税问题的答案. 我们会帮您建立你的团队, 协助您在纽约找到最佳的房地产.

Last stop, we were uptown near Central Park in a Prewar building. It was a loft apartment with a massive layout of over 3,000 square feet. The seller was kind enough to provide afternoon refreshments including, coffee, tea, and pastries to allow our buyers to have a rest and enjoy the scenery. We were able to discuss with each buyer individually what they were interested in and their overall goal in purchasing and investing in Manhattan Real Estate.

High Ceiling loft apartment makes the entire space feels airy and unique. Our buyers were very pleased with this space and thought it was great to be able to live right on Central Park.

In short, our Condo Tour was a huge success. We want to thank all the buyers that attended our tour. We will continue to have the tour in different  price ranges and Manhattan neighborhoods. It will all be condominiums that are friendly for foreign buyers as second home, investment, pied-a-terred. So they too can have their very own piece of Manhattan. Please visit our website to register or to find out more information please visit: http://www.ChineseBuyNYC.com

*BUYERS AND INVESTORS, we also cater property tours for other language speaking foreign nationals or private one-on-one consultation and tour. For a tour that is specific to your needs, please contact us for specific details)*

*SELLERS AND DEVELOPERS, WE SPECIALIZE IN FOREIGN NATIONALS PURCHASING MANHATTAN CONDOMINIUMS/REAL ESTATE INVESTMENTS. CONTACT US TODAY TO DISCUSS HOW YOU CAN BENEFIT FROM WORKING WITH OUR TEAM TO MAXIMIZE YOUR MARKETING EXPOSURE TO OVERSEA MARKET. (we work with highly financial qualified buyers that are seeking to purchase multiple investment condominium units*

Central Park Condos – Chinese Speaking Agent 紐約華語房地產經紀人

We have had many savvy Chinese buyers wanting to see condos near the famous Central Park. One of the building that is very well designed, it is 15 Central park West. It is situated on one of the most well known Avenue (Central park West) and West 60th Street.

我們有許多精明的中國消費者希望看到的公寓房附近著名的中央公園。其中一個建築,設計得非常好,它是15中央公園西。它坐落在其中一個最有名的大道(中央公園西)和西60街。

15 Central Park West is a composition of two limestone towers, with an open courtyard between that acts as a private motor entrance to the building. The 202 apartments range from one-bedroom to four bedroom homes featuring large casement windows, high ceilings, dining rooms, lots of moldings, plenty of natural light and open views in all directions. Amenities in this ultra luxury building include a private dining room for residents, a walnut paneled library, a screening room, private wine cellars, a health club and pool.

15中央公園西是一個石灰岩組成的兩個塔樓,以開放的庭院之間,它作為私人汽車入口的建設。 202公寓的範圍從一居室到四家臥室設有大窗戶窗戶,高高的天花板,客廳,大量的造型,豐富的自然光線和全方位開放的意見。 在這個超豪華設施建設包括私人餐廳為居民,核桃鑲板圖書館,放映室,私人酒窖,健身俱樂部和游泳池。

We are both Chinese Mandarin and English Speaking Real Estate agents here in Manhattan New York under one of the most successful Manhattan Brokerage firm Prudential Douglas Elliman with extensive market knowledge. In addition, we specialize in connecting the local Manhattan sellers with both local and international buyers with our preferred buyer networks. Call us today at (646)644-6929.

我們說流利的中文和英文,我們幫助了許多中國亞洲朋友們在曼哈頓房地產投資。我們有多年的經驗,我們是紐約最大的公司及擁有最多房源. 麻煩請給我們打電話,討論您個人的需求。許小姐的手機號碼(646)644-6929.

To Read More on buying Manhattan New York city Real Estate Click below links:

  1. Made in Taiwan Real Estate Agent
  2. 中文網站: http://www.GoldHouseUSA.com
  3. 許小姐-Chinese Mandarin Speaking Real Estate Agent in Manhattan New York

Foreigner buying in Manhattan NYC Part 1: basic knowledge of Condo vs. Coop vs. Condo-op

This is part 1 or 3 parts of Foreigner buying in Manhattan NYC: As active and successful Manhattan Real Estate professionals, we often receive inquiries from foreigners wanting to invest in Manhattan New York. It is essential for Foreigner buyers or out of town buyers understand the housing market here in New York city in order for them to decide what is a best investment for them.

Foreigner buying in Manhattan NYC, basic knowledge of Condo vs. Coop vs. Condo-op:

Generally coops do not allow foreign buyers to purchase into the building because it causes uncertainty and they know that they will not be able to pursue them legally if a situation arises. Also, generally the coops do not allow subletting (renting), unless under special circumstances.

Can Foreigner buying in Manhattan NYC buy Co-ops? the short answer is no. A phenomenon that’s limited almost entirely to Manhattan, cooperative apartments have been the traditional form of owning an upscale apartment for close to a hundred years. In fact, in New York City, 85% of all apartments available for purchase – and almost 100% of the grand pre-war apartments on Fifth, Park and Central Park West – are in co-operative buildings. Co-ops are owned by an apartment corporation. When you purchase within a co-op building, you’re purchasing shares of the corporation that entitle you, as a shareholder, to a “proprietary lease.” Generally, the larger your apartment, the more shares of the corporation you own. Co-op shareholders contribute a monthly maintenance fee to cover the building expenses. The fee covers such items as heat, hot water, insurance, staff salaries, real estate taxes and the mortgage indebtedness of the building. Portions of the monthly maintenance fees are tax deductible due to the building’s underlying mortgage interest. Also, shareholders can deduct their portion of the building’s real estate taxes.

A Co-op Board of Directors has the ability to determine how much of the purchase price may be financed and minimum cash requirements. Subleasing a co-op can be difficult. Each co-op has its own rules and they should be carefully reviewed prior to application to purchase. Most of the Co-Ops prefer owner occupied the apartment to create a sense of community instead of leasing out to others. For this particular reason alone, buying Co-Op as investment may not be suitable for foreigners or investors.

All prospective purchasers must interview with the Board of Directors. Prior to the interview, prospective purchasers prepare a detailed “Board Package” which usually contains personal and professional letters of recommendation as well as a great deal of personal information concerning income and assets.

Can Foreigner buying in Manhattan NYC buy Condominiums –

The answer is YES. As more and more new buildings are constructed in New York; condominiums are fast gaining in number and popularity. It’s not surprising. As opposed to a co-op, a condominium apartment is “real” property. A buyer receives a deed just as though he or she were buying a house. Each individual apartment in a condominium receives its own tax bill. There is still a monthly common charge similar to the maintenance charges in a co-operative. These charges don’t include your real estate taxes and are not tax-deductible. The monthly carrying charge also tend to be lower than in co-ops because there is no underlying mortgage for a condominium building. The straightforward nature of buying a condo coupled with the fact, that in some cases, you can finance up to 90% of the purchase price and sublet them at will, makes condominiums the number one choice for flexibility. (in today’s market, lenders do seek more than 10% down payment to purchase even though condo board will allow 90% financing.)

Can Foreigner buying in Manhattan NYC buy Condo-op? The answer depends on the building and the board of directors. Condo-op is a coop that  functions with condominium rules. Generally there is no board approval and no interview and subletting is allowed from day one.  This however has been changing and some of the Condo-ops will conduct the process just as coop board would.  Some Condo-ops will allow subletting only after a certain time, for example, you must live in the building at least one year before the building will allow you to sublet.  Please be aware that rules in coop and Condo-op can change at anytime and the only way to change these rules is by getting involved.

Part 2 we will discuss buying steps and process and part 3 about financing options for foreign buyers. Please visit us below to see other foreigner buying in Manhattan NYC related blog series:

If you are a foreigner or out of towner that would like to invest in Manhattan New York, please call us today at (646)644-6929 to discuss your specific needs. We have years of working experiences facilitating international/oversea foreign buyers and out of towners finding the right Manhattan New York Real Estate investment. TO DISCUSS HOW YOU CAN BENEFIT FROM WORKING WITH OUR TEAM. CONTACT US AT (646)644-6929 Today!

How to Buy a Manhattan New York Condo (Part I) as a First Time Home Buyer

Learn How to Buy a Manhattan New York Condo as first time home buyers. We are Manhattan Condo Specialists, we help find condos for first time home buyers, first time investors, parents buying for children and foreigners buying in Manhattan New York. We know the Manhattan Condo market but we also understand the specific needs for each type of buyer. In Part I we will discuss the needs of the first time home buyer.

Buying a Manhattan New York Condo as a first time home buyer you should know your buying power. Have you been renting for the last three years and you are ready to buy? How much equity do you have to put down? It is time for you to speak to a mortgage lender to understand today’s lending rules and know your closing cost (bank fees, condo application fees, New York city and New York State taxes and attorney fees…etc) so that you have enough money to complete the entire transaction.

Buying a Manhattan New York Condo as a first time home buyer, it is a good idea to understand your timeframe. Do you have a lease that is coming to an end or do you have a month to month lease? Buying in Manhattan New York condo, a typical transaction takes 45-90 days or more. If you are not planning on financing, the quickest closing (if all parties cooperative) can happen in 45 days from the days you and the seller sign the contract, if financing, the process can take up to 90 days or more in today’s market. To know when you need to move is absolutely neccessary!

Buying a Manhattan New York condo as a first time home buyer, you should keep an open mind as to what you can afford versus the location of your preference. If the purchase price (with the appropriate down payment and with lender’s approved lending amount) is $500K, you are likely to find more space in Upper East side than the West Village. You should prioritize what are some must have items to you, is it location, is it doorman, is it the size, it is the price. Buying a Manhattan New York condo is an art of give and take, keeping an open mind to different options will help you to find the suitable Manhattan Condo!

Buying a Manhattan New York Condo as first time home buyer is important to team up with a patient and knowledgeable Real Estate agent that can guide you through the process. Looking for a Manhattan Condo can be a daunting task, but it does not have to be. Having a good Real Estate agent on your side puts you in a better position than other buyers because you not only can have professional knowledge and experiences, you will also have someone look out for your interest and negotiate on your behalf.

    If you are looking to purchase 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 (EileenHsuNYC@Gmail.com) and we will reply within 24 hours.

    How to Buy a Manhattan New York Condo (Part II) as First Time Investors

    Learn How to Buy a Manhattan New York Condo as first time investor. We are Manhattan Condo Specialists, we help finding suitable condos for first time investors, first time home buyers, parent buying for children and foreigner buying in Manhattan New York. We know the market but we also understand the specific needs of each type of buyers. This blog we will discuss how to buy as first time investors, In Part I we discussed the needs of first time home buyer.

    Buying a Manhattan New York Condo as first time investor you should have a clear goal of what you plan to achieve in this investment. Is this a 5 year Real Estate plan or 10 year Real Estate plan? Why do you feel is the time to invest? Are you going to have a tenant in place the entire duration or only part of the time. Have you discuss this with your accountant to understand how to structure this transaction to recieve the most tax benefits or possible tax complications?

    Buying a Manhattan New York Condo as first time investor, you should ‘play it safe’, do not over leverage yourself. If you are planning to buy the condo all cash, that is always desirable when presenting offers to condo sellers. Keep in mind that you should have enough equity in case there is an increase in monthly carrying charge for this condo or other misc mishappens. 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. We can recommend you a reliable and knowledgeable Manhattan mortgage consultant or You may have a bank that you are currently banking at, you can ask them to refer you a Manhattan branch mortgage banker as well. As an investor, the mortgage interest rate will be slightly higher than others, it is important to keep that in mind when figuring out your monthly expenses.

    Buying a Manhattan New York Condo as first time investor, team up with us, the experienced Manhattan Condo specialists that can guide you through this process and navigate through the Manhattan Real Estate maze. Whether you are a first time Real Estate investor, or an investor that have bought and sold multiple properties in other parts of United States or country, we can help.  Understanding the local market with the market expert can maximize your investment and avoid any possible problems down the rule. Many of our past clients are first time investors, they have bought many Manhattan condos under our guidance and continue to do so because we have developed a Real Estate plan for them. If this is something you are interested in, contact us now at (917)837-8869.

    If you are looking to purchase 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 ehsu(@)elliman.com or Morgan.Evans(@)elliman.com. Call us at (917)837-8869.

    How to Buy a Manhattan New York Condo (Part III) as Parents Buying for Children

    We are Manhattan Condo Specialists, in our How to Buy a Manhattan New York Condo series in Part I as first time home buyers, Part II as first time investors, and in this Part III series, we will talk about how parents can buy for children, next series Part IV we will discuss foreigner buying in Manhattan New York Condos. We know the Manhattan Condo market and the specific needs of each type of buyers.

    Buying a Manhattan New York Condo as parents buying for children, you should understand your budget and timeframe to start. Is this a 5 year plan while your child goes to school in New York? We work with many parents who are buying for their son/daughter that goes to New York University, Parsons school of design, School of Visual Arts, Columbia University, Jillards music school and other well known schools here in Manhattan New York. Is this for your son or daughter that is currently working in Manhattan? Do they have a job stability or financial freedom? Are they currently renting and lease may be expiring soon or month to month arrangement? It is important for us to know the reason and timeframe so we can narrow down the search for you.

    Buying a Manhattan New York Condo as parents buying for children, you should plan ahead, and speak with all the parties involved (not you and your child but rather the right mortgage consultant/banker, accountant and a knowledgeable Manhattan Real Estate attorney.)

    • Mortgage consultant: If you are planning to buy the condo all cash, that is always desirable when presenting offers to condo sellers. Keep in mind that you should have enough equity in case there is an increase in monthly carrying charge for this condo or other misc mishappens. 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.
    • Accountant: If you are planning to co-purchase the condo with your child, be sure to discuss the possible tax complication you may have with your accountant. Speak to your accountant prior to your purchase can be very helpful.
    • Manhattan Real Estate Attorney: In addition, speak to a local Real Estate attorney will be helpful as well since the local Manhattan Real Estate can also advise you what is the best way to structure the purchase and think about who/how should take the title of the deed.

    Buying a Manhattan New York Condo as parents buying for children, the experienced Manhattan Condo specialists that can guide you through this process and navigate through the Manhattan Real Estate maze. Whether you are a first time buyer, or an investor that have bought and sold multiple properties in other parts of United States or country, we can help.  Understanding the local market with the market expert can maximize your investment and avoid any possible problems down the rule. Many of our past clients are first time investors, they have bought many Manhattan condos under our guidance and continue to do so because we have developed a Real Estate plan for them. If this is something you are interested in, contact us now at (646)644-6929.



      If you are looking to purchase 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 or Call (646)644-6929.

      We sell 'AS IS' condition: No Inspection in Manhattan New York Real Estate

      No inspection in Manhattan New York Real Estate, Where the most of the Real Estate in the country has inspection as part of the negotiation, buyers are allowed to inspect the property once the offer has been made and written and ask the sellers for credits and money back after they inspect the property,  in Manhattan New York Real Estate, we sell the Co-Ops and Condos in ‘AS IS’ condition.

      No Inspection and “AS IS” condition (in Manhattan New York Real Estate) means all appliances should be in working order, there should not be any visible structural damage, such as leak, cracks in the wall and etc. The seller is responsible to fix if the dishwasher, refridgerator, stove, faucet, and etc is not working. The seller is NOT responsible if the buyer wants a new sink, new floor, or a new coat of paint. Sellers are not obligated or responsible for cosmetic fix ups. The general practice in Manhattna New York Real Estate, we do not credit buyer any money back for non-structural fix ups. (there are some more complicated transactions and exceptions will be made).

      With that being said, even though in Manhattan New York Real Estate there is no formal inspection, buyers should always inspect the property and note all the cosmetic fix ups should be discussed with buyers’ agent prior to buyers submit the offer. Buyer can always suggest part of the cosmetic fix up to be sellers’ responsibility during the price negotiation, however, it is up to the seller to decide if this is something they are willing to do. If the seller is not willing to make the changes that was suggested, buyers should take that cost into consideration when submitting an offer, and not after the offer was submitted! Once the offer is accepted, most of the time sellers are not interested in re-negotiate an offer after the offer is verbally accepted.

      *exception can always be made, though this is the general practice in Manhattan New York Real Estate.*

      Below are some more information for you to understand Manhattan New York Real Estate market better.

    • KNOW YOUR PRODUCT-PART 1 OF 5
    • KNOW YOUR BUYING POWER-PART 2 OF 5
    • KNOW THE FINANCIAL REPORT OF THE BUILDING-PART3 OF 5
    • Culture Shock buying Manhattan New York
    • If you are a first time home buyer, or a buyer that is relocating to Manhattan New York, please note there are lots of different Real Estate practices here in Manhattan New York. To have a smooth home buying practice, it is beneficial for you as a buyer to be educated with not only the market but only the purchase process. Contact us today as we are Manhattan New York Relocationg specialists and we are the market expert. (917)837-8869 or Ehsu(@)elliman.com.

      紐約保護大自然建築 – Green Condominiums in Manhattan New York

      紐約保護大自然建築 – Green Condominiums in Manhattan New York

      In the recent years, the developers of Manhattan New York Real Estate have been focusing on building more energy efficient buildings that can make the environment much more enjoyable and green earth.

      Peter Levenson and Charles Kibel of the Kibel Companies new ecofriendly development is the perfect example. Their condo project is called 303. 303 is within a short walk of the East River Esplanade, the United Nations, and First Avenue’s prestigious medical research corridor.

      In this Green Condominiums in Manhattan New York, All of 303 E. 33rd’s layouts, materials, and mechanical systems were designed to maximize efficiency and ensure well-being and sustainability. The green attributes include high-efficiency boilers, a water-source heat pump, high-performance window walls, superior insulation, and a 5,000-square-foot landscaped roof terrace, among others. Each unit has bamboo flooring and many have outdoor terraces and balconies.

      Kitchens are equipped with water-reducing fixtures, Energy Star appliances, and glass and bamboo cabinetry. Residents will enjoy a wide variety of amenities, including on-site valet parking and a full-service concierge. The roof terrace will have a recessed reflecting pool, a bocce court, and outdoor grilling and dining area.

      The building will also have a media lounge, a children’s playroom, and a fully-equipped fitness center.

      A reduced parking rate for energy-efficient cars is offered in the building’s on-site garage, and there is ample bicycle storage. A host of amenities provides for recreation in warm and cold weather. If you love sun, water, plants, bocce, and outdoor cooking, our rooftop garden will inspire you. Inside, our fitness center, game room, lounge, and children’s playroom provide year-round entertainment for the whole family.


      We are experienced and dedicated Real Estate agents. If you are looking for Green condo buildings in Manhattan New York, please call us today at (646)644-6929 We have a database with a list of Green and LEED certified buildings in Manhattan New  York.