building at 101 West 80th Street
Started by GMS
over 14 years ago
Posts: 12
Member since: Oct 2010
Discussion about 101 West 80th Street in Upper West Side
I've wondered about this one too. The last one to close was 10 months ago and was on the market only 33 days according to SE. It appears to have no doorman as this size building wouldn't. That might make the building mostly childless owners who don't need to move for more space. Either that or the owners love living there? Lame theory, but that's all I've got.
"Sunkist park views". Sunkist. Seriously? Who writes this tripe?
This building allows rentals from day 1. This explains the low turnover - and a high number of investment properties. I visited one apartment - it was fine but the building was so so.
Would getting a loan on a place as an investment property be hard (all other things being equal)? ie would they require a high down payment, large liquid contigency fund sitting in a bank, high interest rates? That's the sense I get but am new to all this. Looking at a retirement property I could rent then move into in a few years.