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building at 515 East 72nd Street apt 12a

Started by Rob360
almost 15 years ago
Posts: 84
Member since: Jun 2010
Are those taxes really right at $3900? How in the world could they be that high? The total carrying charges are almost 7k a month! How are re taxes calculated? Is it based on the selling price? I pay only 900 a month in taxes- 15 year old building and the apt is 1500 s feet- how coiled that apt be almost 4x more in taxes?
Response by pearl31
almost 15 years ago
Posts: 2
Member since: Mar 2011

This apartment is 2568 sft. Taxes are calculated according to the unit size.

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Response by samgreenberg
over 13 years ago
Posts: 0
Member since: Aug 2012

The amenities at this bldg are indeed nice.

As of July 2012, 515e72 has sold a large number of apartments to corporates in bulk deals and at substantial discounts.

This means 2 things:

a) You will see high influx of different types of corporate workers coming for short 2-3 days and the "hotel" culture which might put off some families from buying here

b) If and when you go to sell, and the corporates are also selling at the time, the price this corporate would sell at would be much lower than your to still give them a profit

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