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

… you should watch out for when you sell a flip tax if you live in a coop or a transfer fee if you live in a condo which usually amounts to 1 to 2 percent of the sales price according to our experts   These fees are paid to your board at closing and are usually based on a …

By Celia Young |April 1, 2024 - 2:30PM
Hochul approves a replacement for the J-51 tax abatement that could help condo and co-op buildings fund upgrades

… completed between June 29th 2022 and June 30th 2026  … How the new abatement would work … The new abatement comes … … You Might Also Like … viewbublogpanes=ymalinline   … BuyBuy Affordable Housing … Co-ops … Rent … Affordable Housing …

By Celia Young |October 25, 2023 - 4:30PM
Why a tax abatement should be on your condo or co-op wishlist

… may not sound as thrilling as heated floors marble countertops or a stateoftheart fitness center but when you … and the abatement substantially lowered her carrying costs  … How does a NYC tax abatement work … Tax abatements … with tax abatements are still coming to the market because buildings that were eligible for the abatement when …

By Emily Myers |February 16, 2023 - 1:00PM
What to know about buying in Laurelton, Queens, where you'll find Tudor-style houses, larger lots, and lower taxes

… less … Where is it … Laurelton which shares the same 11413 zip code with Springfield Gardens is bounded on the north by … its only a 10minute drive to Green Acres Mall which has 150 stores and restaurants Langer says it has a real … Grill to Olive Garden and Panera Bread … How about grocery stores … In addition to a Key Food the community is served …

By Nancy A. Ruhling |February 1, 2023 - 12:30PM