100 United Nations Plaza
Started by prp
about 5 years ago
Posts: 52
Member since: Dec 2016
Discussion about 100 United Nations Plaza in Turtle Bay
Does anyone who live here or bought/sold/SE experts have any thoughts on this building/location/pricing?
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prp, It is a very nice building. Right now that area is shot due to international travel restrictions.
300, You mean all the diplomat/UN crowd have reduced? I like this area better than other parts of midtown, I have been for some reason. Is Turtlebay area considered in general to be in the mid-prime segment compared to prime areas like UWS, UES, Chelsea, West Village etc?
Yes to UN crowd. This location always trades at a discount compares to a similar product on UES.
I have a buddy there. The street is quiet, some units have good views, and the balconies are good. Not a lot of traffic because it's between the bridge and the tunnel but not close to either. I'd definitely take the upper 40s/lower 50s between First and Second over the equivalent blocks in the 60s or 70s. Better to have diplomats than hospitals, even if I get annoyed every time I see a diplomat from some impoverished country driving a luxury car that their country's empty Treasury paid for.
It is a very well managed building. Nice layout. Quiet street.
They do have a flip tax eqt. despite being a condo.
And remember that Truman Capote lived there!!!!!
Good neighborhood to live, though 1st avenue has never been a destination for restaurants/bars
Ed Asner also lived there.
It is a very well managed building. Quiet. Solid building structure. Relatively close to 6 and E train lines at 50th and 3rd Ave.
It is a very well managed building. Quiet. Solid building structure. Relatively close to 6 and E train lines at 50th and 3rd Ave.
NYC1789, What do you think of the fact this building has a 1% flip tax despite being a condo?
Intriguing that neither the lengthy building description nor any of the 8 current listings on SE mention a flip tax ('charge', really, as it's not a 'tax', but such is the degraded state of language these days...). The realtors find space to mention that fat dogs aren't permitted, but don't note a significant requirement tied to the purchase. Co-op listings always seem to mention these charges when they apply -- different legal notification standards?
I am mistaken above. It is actually 2%. I would never buy in such a building.
https://www.nestseekers.com/355756/100-united-nations-plaza-1-br-penthouse
https://www.realtyhop.com/building/100-united-nations-plz-new-york-ny-10017/9a/2049887
The flip tax doesn’t bother to me, as long as the property price and the unit conditions are good. It is one time payment at closing.
Why wouldn’t you donate the 2 percent and buy in an equally nice building unless of course you own already in this building?
To be fair, the Sotheby's brokers of #7E mention the flip tax in their listing. But I'm shocked that so many listing brokers don't.
Brokers don’t mention it in the listing as a flip tax of 2 percent in a condo is huge negative. It is just not the market standard for condo 99 percent of which have no flip tax.