Calling Julia

Started by PMG

almost 16 years ago

Posts: 1322

Member since: Jan 2008

Discussion about

When does your lease run out and what was your budget? Check out this spacious junior one CONDO with two a/c units and a w/d. It's asking $495k. cc+tax $808 It's a great building, conveniently located to express transit and Riverside Park. http://streeteasy.com/nyc/sale/557441-condo-222-riverside-drive-upper-west-side-new-york

Response by PMG

almost 16 years ago

Posts: 1322

Member since: Jan 2008

I'm guessing the after-tax cost to own is about $1900/mo

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Response by julia

almost 16 years ago

Posts: 2841

Member since: Feb 2007

It is spacious but $495k for a studio, I don't know...Is the after-tax cost really about $1900 that would be great.

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Response by apt23

almost 16 years ago

Posts: 2041

Member since: Jul 2009

of course $495 is the ASK.

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Response by PMG

almost 16 years ago

Posts: 1322

Member since: Jan 2008

Julia, the after-tax cost depends on your tax bracket, I used 35%, but didn't adjust for the standard deduction, which renters get. Don't forget, this is a condo, which is intrinsically more valuable than a co-op. Should you ever decide to leave, you could rent it or sell it. I'd say the current market rent is $2200--$2500 range, but you would know.

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Response by grunty

almost 16 years ago

Posts: 311

Member since: Mar 2007

http://streeteasy.com/nyc/sale/545008-coop-417-riverside-drive-morningside-heights-new-york

This one's not bad either.

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Response by dump67street

almost 16 years ago

Posts: 64

Member since: Oct 2010

apt23
about 13 hours ago
ignore this person
report abuse of course $495 is the ASK.

Calling Julia

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