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

… … If you own your apartment youre probably already familiar with the myriad fees that come with buying in New York City But theres one more cost you should … were introduced in the 1970s when a lot of rentstabilized buildings were converted to coops The fee was intended to …

By Celia Young |April 1, 2024 - 2:30PM
Can you still make money flipping an apartment in NYC?

… is profitable  As one of the most expensive real estate markets in the country wouldbe flippers have a hard time … steep  closing and renovation costs Theres also the current market to considerflippers face another challenge when it … However Garrett Derderian managing director of market analysis at CORE says flipping is still a viable option in …

By Emily Myers |July 1, 2019 - 10:00AM
Flip or Flop Update: Have these gutsy sellers managed to find buyers?

… For many New Yorkers a successful flip ​ buying an apartment making cosmetic tweaks and selling … which a Brooklyn real estate investor bought for $12 million listed three days later for $185 million and sold …

By Leigh Kamping-Carder |August 20, 2014 - 9:59AM