Sale at 201 West 89th Street #7G
Started by front_porch
about 9 years ago
Posts: 5321
Member since: Mar 2008
Discussion about 201 West 89th Street #7G
Looks very nice. A unique, affordable 3 bed with maintenance which can not be beat. I think it will sell fast.
BTW, why even list flip tax, if it is paid by the seller.
I'm glad you like it 300. I think it's very attractive too, and I expect good traffic.
As far as flip tax, seller questioned why I wanted to bring it up as well. My reasoning is this: I think it's a material disclosure because it defines the buyer's exit.
If you as potential buyer are looking at two similar apartments with identical list prices, and one has a flip tax higher than the other, than I think that can be the basis for a decision to go with the one with cheaper flip -- even if you're not paying it on the way in.
ali r.
I like the transom about dining area to bring in natural light.
Architect was Jennifer Swee; I think she did a spectacular job.
Heavy heavy OH traffic, FWIW.
I think it is a good idea to list the flip tax: why wait until the deal has been fully negotiated and the buyer's attorney does their due diligence and then gives them an excuse to renegotiate because of a "material undisclosed fact"?
Lived in the building for many years and knew the original owner of this apartment. Very nice renovation. I still know people in the building. Moved to another building for a larger apartment because there was too much controversy with the Board.
Contract signed.
Nice. Guessing above ask?