Future Sales Inquiry

Started by eric_2418226

over 8 years ago

Posts: 0

Member since: Apr 2017

Discussion about 433 West 34th Street in Hudson Yards

I'm wondering if anyone can shed some light as to what the flip tax imposed on future sales of units in this building is. I have had a unit in this building for about 15 years and may be selling it soon; curious to know how big of a chunk the co-op gets on the sale. Thanks!

Response by Aaron2

over 8 years ago

Posts: 1698

Member since: Mar 2012

What does your proprietary lease say?

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Response by 35yrs_RE_25_in_REO

over 8 years ago

Posts: 9

Member since: Apr 2016

You should probably ask the managing agent.

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Response by dan@digsrealtynyc.com

over 8 years ago

Posts: 114

Member since: May 2012

I don't think that building has a flip tax, but check with your building's managing agent to be sure. If there is a flip tax/transfer fee, it will probably be set forth in the co-op's bylaws.

Dan Gotlieb
Digs Realty Group
https://digsrealtynyc.com/

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Response by themann

about 3 years ago

Posts: 1

Member since: Nov 2009

There is no flip tax in this building.

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Future Sales Inquiry

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