What’s the average flip tax for a condo or co-op in New York City?

… familiar with the myriad fees that come with buying in New York City But theres one more cost you should watch out for … fee if you live in a condo which usually amounts to 1 to 2 percent of the sales price according to our experts   …

By Celia Young |April 1, 2024 - 2:30PM
Private equity: The biggest NYC landlord you never heard of that’s raising rents

… Who is raising the rent in New York City Its not just the typical landlords you may be … the US and here in NYC private equitybacked firms have been buying marketrate rental buildings and are also … buildings with fewer than four units landlords could still evict people for not paying rent breaking the …

By Jennifer White Karp |March 7, 2022 - 9:30AM
Can you still make money flipping an apartment in NYC?

… time to sell Sales are slowing as buyers try to wait out some of the markets uncertainty Jonathan Miller president of … The advice I f youre looking to make money in this way in NYC youd be best to avoid Manhattan consider a longer time … no emotional value in a studio in his view because you live in it only as long as you have to before upgrading to …

By Emily Myers |July 1, 2019 - 10:00AM
Secrets of a 27-year-old condo flipper

… Bernard Klein 27 works in finance and lives with his wife a product manager at an ecommerce … in value Was it traumatic No Was it annoying to visit someone on summer break and come home and have your mom tell … you from being decisive Related A crash course in buying a NYC investment property   Unexpected tips from last nights …

By Bernard Klein |December 30, 2015 - 12:24PM