Fernando Branco, Principal Broker
c: 212-321-0115 - e: email@example.com -
Fernando Branco Realty - 162 Huntington St, Brooklyn NY 11231
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New York Real Estate - For Sale - Hot Sheet 1
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Real Estate Services
Hill | Status: Active
Full Time Doorman | Co-op
Size: Classic Six | 6/2/3
Price: $2,695,000 | Maintenance: $3,257
Details: Pre-war, Mid-rise, Built 1923, 14 Floors, 57 Apartments. Amenities: Bike Room; Fitness Room; Laundry Room;
Features: Dining Room; HVAC: Through The Wall; Kitchen:
Excellent Condition / Windowed; Washer/ Dryer; 1 Decorative Fireplace;
The Corcoran Group
East Side | Status: Active
Voice Intercom | Co-op
Size: Loft | 6/2/2 | SF: 2730
Price: $2,250,000 | Maintenance: $700
Details: Pre-war, Loft, Built 1910, 6 Floors, 6 Apartments. Amenities: Rooftop Deck.
East Side | Status: Active
Full Service | Condop
Size: Three Bedroom | 6/3/3 | SF: 1704
Price: $2,165,000 | CC: | RET.:
Details: Post-war, High-rise, Built 2005, 42 Floors, 475 Apartments. Amenities: Bike Room; Garage; Courtyard; Health
Club; Exercise Studio; Pool; Sauna; Laundry Room; Valet; Nursery; Lounge;
Rooftop Deck; Common Storage Room; Digital TV; Business Center.
Park West | Status: Active
Full Service | Co-op
Size: Convertible 3 | 7.5/3/3
Price: $4,500,000 | Maintenance: $4,231
Details: Pre-war, High-rise, Built 1930, 27 Floors, 136 Apartments. Amenities: Bike Room; Fitness Room; Laundry Room;
Common Storage Room.
Features: Dining Area; Kitchen: Excellent Condition / Total
Renovation/ Eat In; Open; Windowed; Bathroom: Very Good Condition /
Original Upgraded/ En Suite; Stall Shower; 1 Decorative Fireplace; High
Ceilings; Wood Floor; Gallery; Home Office; Split Bedroom; Original
April Market Reports: 3 Important Takeaways to Share With Your Clients May 30, 2019 OVER 1,000 MANHATTAN HOMES ENTERED CONTRACT IN APRIL. According to the StreetEasy April 2019 Market Reports, the New York City sales market may be strengthening. This news comes after months of weakening prices across the city, rising share of price cuts and growing days on market. Read on for three takeaways from our most recent report that will offer you and your seller encouraging signs. Nearly 1,200 Homes Entered Contract in Manhattan This April The context: The number of pending sales in Manhattan rose by 26.6% year-over-year to 1,193 in April. That marks an annual increase of more than 250 and the most homes to enter contract since 2015. Upper Manhattan saw a lot of contact activity with pending sales doubling to 132 from 66 the year before. Washington Heights and Central Harlem led the charge with 53 and 29 homes entering contract, up by 104% and 53%, respectively. The takeaway: M
A design revolution in New York City is taking place, as the Chelsea neighborhood transforms from a derelict wasteland to a thriving nexus of art and architecture. The Hotel Americano, the first U.S. outpost of the splashy Mexican hotel chain Grupo Habita, recently materialized on Manhattan’s West 27th Street. It’s situated between 10th and 11th Avenues, at the northern frontier of the Chelsea art district, in the middle of a block best known for its cacophonous, warehouse-scale nightclubs. Why, you might wonder, would anyone want to build a hotel here? But the unpromising appearance of the location is part of the allure. “It’s gritty,” says owner Carlos Couturier, “and I like that grittiness. It feels like what the Meatpacking District was ten years ago. Very authentic.” Yes, Way-West-27th is authentic—some of the nearest residents are in a cluster of city-owned housing projects—but here, as elsewhere in Manhattan, grit is an endangered species. Just down the block from the
Legal Line Question of the Week - REBNY Transfer Taxes and Grossed up Consideration I represent the prospective purchaser of a new construction condominium unit. In speaking with the sales office for the sponsor, I was informed that my purchaser is responsible for paying both the New York City and New York State transfer taxes. I thought that the obligation to pay transfer taxes was the r esponsibility of the seller. Can you please explain? Generally, when real property (or a co-op apartment) is sold in New York City, the seller is responsible for paying both the New York State and New York City transfer taxes. In residential real estate transactions where the purchase price is greater than $500,000, the New York City transfer tax equals 1.425% of the purchase price (and where the purchase price is $500,000 or below, the New York City transfer tax is 1% of the purchase price). The New York State transfer tax is .4% of the purchase price. New Yo