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Land Lease?

Started by EA3
over 4 years ago
Posts: 1
Member since: Jan 2009
Discussion about 65 Nassau Street in Financial District
Why are the sales prices so low in this building?
Response by Woodsidenyc
over 4 years ago
Posts: 177
Member since: Aug 2014

From the maintenance, it doesn't seem to be high. My guess is this is not a land lease building.

For apt 4C, it mentioned, "There is a monthly assessment of 657.49$ until April 2022".

This definitely will drive some buyers away. If the assessment is going to be finished by April 22 with no more assessment, if you can afford it with the assessment, it is probably a good time to do the purchase.

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

Does this help?
https://streeteasy.com/talk/discussion/46572-maintenance

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