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100 United Nations Plaza

Started by prp
about 5 years ago
Posts: 52
Member since: Dec 2016
Does anyone who live here or bought/sold/SE experts have any thoughts on this building/location/pricing?
Response by 300_mercer
about 5 years ago
Posts: 10570
Member since: Feb 2007

prp, It is a very nice building. Right now that area is shot due to international travel restrictions.

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Response by prp
about 5 years ago
Posts: 52
Member since: Dec 2016

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?

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Response by 300_mercer
about 5 years ago
Posts: 10570
Member since: Feb 2007

Yes to UN crowd. This location always trades at a discount compares to a similar product on UES.

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Response by George
about 5 years ago
Posts: 1327
Member since: Jul 2017

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.

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Response by Nyc1789
over 4 years ago
Posts: 27
Member since: Nov 2009

It is a very well managed building. Nice layout. Quiet street.

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Response by 300_mercer
over 4 years ago
Posts: 10570
Member since: Feb 2007

They do have a flip tax eqt. despite being a condo.

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Response by davenezia
over 4 years ago
Posts: 132
Member since: Sep 2018

And remember that Truman Capote lived there!!!!!

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Response by Admin2009
over 4 years ago
Posts: 380
Member since: Mar 2014

Good neighborhood to live, though 1st avenue has never been a destination for restaurants/bars

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Response by stache
over 4 years ago
Posts: 1298
Member since: Jun 2017

Ed Asner also lived there.

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Response by Nyc1789
about 4 years ago
Posts: 27
Member since: Nov 2009

It is a very well managed building. Quiet. Solid building structure. Relatively close to 6 and E train lines at 50th and 3rd Ave.

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Response by Nyc1789
about 4 years ago
Posts: 27
Member since: Nov 2009

It is a very well managed building. Quiet. Solid building structure. Relatively close to 6 and E train lines at 50th and 3rd Ave.

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Response by 300_mercer
about 4 years ago
Posts: 10570
Member since: Feb 2007

NYC1789, What do you think of the fact this building has a 1% flip tax despite being a condo?

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Response by Aaron2
about 4 years ago
Posts: 1698
Member since: Mar 2012

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?

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Response by 300_mercer
about 4 years ago
Posts: 10570
Member since: Feb 2007

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

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Response by 300_mercer
about 4 years ago
Posts: 10570
Member since: Feb 2007
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Response by Nyc1789
over 3 years ago
Posts: 27
Member since: Nov 2009

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.

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Response by 300_mercer
over 3 years ago
Posts: 10570
Member since: Feb 2007

Why wouldn’t you donate the 2 percent and buy in an equally nice building unless of course you own already in this building?

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Response by front_porch
over 3 years ago
Posts: 5316
Member since: Mar 2008

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.

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Response by 300_mercer
over 3 years ago
Posts: 10570
Member since: Feb 2007

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.

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