NYC Real Estate News by Fernando Branco, Real Estate Broker, GRI, ABR, CNE - Fernando Branco Realty

Here are some tips for your pre-closing walkthrough.  1) As you enter the apartment start looking/inspecting the overall condition of the apartment (walls, floors, ceilings, windows, doors, etc).  The other should be in a similar condition to what it was when you first visit it. 2) The apartment should be at least broom-cleaned with all sellers' items removed. 3) Open & close the windows and doors. 4) Turn all light switches on and off to make sure they are working. 5) Bring your cell phone charger and test all electrical outlets. 6) Test all kitchen appliances to make sure they are in working condition (microwaves, dish/washer, fridge, stove/oven, etc).  7) Run the exhaust fans (if present) in the kitchen and bathrooms. 8) Open all cabinets, closets, storage spaces 9) Run all sink and bath faucets as well as the shower, and check for any leaks or other problems.  10) Flush toilets and look for drips, leaks, or problems...

How to tour NYC museums, parks, and cultural institutions from your own home Stuck inside? You can still experience some of New York’s best cultural offerings from your home The best new NYC condos hitting the market this spring See the new condos that will hit the market this seasonc Gorgeous loft in Brooklyn’s old Eagle Warehouse building wants $2.35M The breathtaking unit has a dazzling clock that offers views of the Brooklyn Bridge Anne Hathaway lists stunning Upper West Side penthouse for $3.5M The Academy Award-winning actress bought the apartment with her husband Adam Shulman back in 2016 NYC’s 25 most expensive homes for sale See the blockbuster homes currently on the market in New York City See the incredible views from Hudson Yards’s sky-high observation deck The highest observation deck in the Western Hemisphere is now open to thrill-seeking visitors Striking Brooklyn Heights carriage ...

How you can add another bedroom to your New York City apartment BUY   What's the difference between maintenance and common charges? BUY   Brownstones, townhouses, and rowhouses—what are the differences? 7 facts you probably don't know about NYC's beloved brownstones RENT   Attention renters! Don't miss out on this credit when you file your taxes CALL / EMAIL ME! I'M HERE FOR ALL YOUR REAL ESTATE NEEDS! C: 212-321-0115 E: NYCTREALTY@GMAIL.COM Fernando Branco , GRI, ABR, CNE Lic. Assoc. Real Estate Broker Residential Real Estate Commercial Sales & Leasing  Graduate Realtor Institute (GRI)  Accredited Buyer Representative (ABR)  Certified Negotiator Expert (CNE) R New York 641 Lexington Ave, NY NY  10022 c: (212) 321-0115 e: fbranco@weRnewyork.com e:  nyctrealty@gmail.com               Working by referral. Let me help you find a home too!! ...

WHAT IS A CAP RATE IN REAL ESTATE? - By Kate Crhistensen - REALWEALTH Network (  https://www.realwealthnetwork.com/learn/what-is-cap-rate-in-real-estate/  ) Summary : In this article, you will learn what is cap rate in real estate. Topics include, when to use capitalization rate, how to calculate cap rates, what is considered a good cap rate on investment properties, and why determining cap rates is important for real estate investors. Table of Contents Introduction Cap Rate Definition When to Use Cap Rate When Not to Use Cap Rate How to Calculate a Cap Rate How to Calculate NOI Why is Cap Rate Important? Using Cap Rate to Compare Properties Cap Rate Focuses on the Property, Not Financing Using Cap Rate to Measure Risk What is a Good Cap Rate? Factors that Affect Cap Rate Limitations of Cap Rate Cap Rate vs. ROI Example of Calculating ROI with Cash Purchase Example of Calculating ROI with Financing Conclusion Introduction Capitalization...