How much does it cost to buy an apt. in a decent area of NYC?  and what would the taxes be?  see details below
412377
Luaren, \n\nWith out knowing what part of NYC your talking about, and where you live. I would say that most if not all locations are over priced. If you do a cost analysis of the potential rental income to cash flow, you might be floating in red ink right off the start. It would most likely be looking like you would have to place a 10% down on a property valued at 230K (that's a very conservative number), and if your only clearing 500 dollars a month after paying for your mortgage and other maintenance fees (and that is a very liberal number) your cash on cash return is extremely low. At that rate you would have to keep the property for at least 46 months to recover from your initial investment and that doesn't include the cost of the closing. In most cases, you wouldn't even be able to cover the cost of the mortgage payment since your interest rate would be higher because of the fact that it's an investment property. You would have to do your own due diligence in researching not the property value market but the rental market to see where the trend is moving towards.\n\nHope this helps...contact me directly if you have any other questions.
472304
I agree..:) i live in NJ now.. in an area that my son goes to a blue ribbon school..:) but I am trying to move because of cost of living.. housing here is ridiculos now..you can't find a one family home in a decente neighborhood for less than 500,000...and the taxes are the equivalent of a high scale rent...:) so my advice is don't come..:) I am leaving..:)
773335
all i can tell you is, dont live in new york city. the value of a semi-duplex house is arouond 300k here.... but hear new jersey's not too bad in that area...though now we don't have tax on clothing as such so that's pretty cool...
780990
Rent will be $3000-8600 a month depending on which block and side of town you are in.  Then, you have the utilities, and your food/groceries.  People that live in Manhattan don't need cars, but they rely on taxis and subways.    If you want to have a social life--you will need to have funds to cover going out to dinner/ drinks, shopping, movies, plays etc--that's a hefty penny.\n\nSo, in order to live well in Manhattan, you need to earn 6 figures.  \nIf you want to live cheaper and still have access to the high life, then consider living outside of Manhattan in one of the boroughs or NJ. \n\nWord to the wise NYC is not like Friends show or Sex in the City.  If you want an apartment like any of those characters, you better think again!  Honestly, they don't exist, unless you don't mind spending several million dollars!
758137
First, I'm from Pa. S I dont know the intracacies of Cal law.  But from what I've read and know from experience, I would definitely NOT rent to them.  Let me see!  you're looking for an apt, a $1000 one at that, and you dont have the $$ for the deposit?  Believe me, they won't have the $$ for anything else either.  It seems to me they cant afford tit in the first place.  The fact that you took a partial deposit has no bearing on whether to accept them or not.  BTW, did they fill out a rental ap?  I'll bet any references they gave if any are sketchy at best.  CALL to verify employment or where ever the $$ is coming from. If they cant pass the application phase, they cant afford it.  DO NOT RENT TO THEM UNTIL YOU ARE SURE THEY CAN PAY THE RENT.Better yet, tell them that until you receive the full deposit, you HAVE to keep showing the apt.  If they dont move on that, then consider it a excellent sign that they never had the $$ to begin with.\nI just ask me cousin who lives in LA about this.  She's never heard of such a law and they have rented apts in the past.  Tell them to hit the bricks.
312179
I have a niece who recently moved to NYC.  She and her friends have found the housing in Brooklyn to be the most reasonably priced.  There's public transportation everywhere in the city.
821104
I think a $100-$150 a week is fair depending on what part of Brooklyn. I'm from NY as well and see ads in the paper for rooms for rent at about that range.
238813
well, that could go anywhere from a $1,000 to $2,000 bucks easily.\n\nhttp://newyork.craigslist.org/cgi-bin/search?areaID=3&subAreaID=0&query=&catAbbreviation=aap&minAsk=min&maxAsk=max&bedrooms=1
725765
I think you mean RENT..\n\nAnd nobody can give you a reasonable answer because you didn't ask a question. 'Rent and the price of the house rent' doesn't give us anything to go by. Try actually ASKING something..
296108
One of the investors I work with may have a home or two in Naperville (or surrounding suburbs).  Would need a bit more information on what you're looking for in terms of home size and $$$
474136
Our property taxes are $5100 a year.  We have three taxes - school, village and county.  If we lived in the country our taxes would be less because there would be no village tax.  I live in Central NY
699190
No, they are overpriced. Trump is selling you the condo at prices that are double or even triple for the area. You are buying a name. The assessments we'll be high as well. Consider what you can get elsewhere. Trump properties are for people who won't leave for a while.
909373
It all depends on your contract.  You have to read it very carefully.  For the time your rental contract charges the rental agreement should state exactly what the owners can or cannot do to rates and fees.  The contract is probably fairly long and difficult to read, so you will either need to talk to a lawyer or read it carefully.  \n\nOnce your contract expires, they can change the rate to almost anything they want in the next contract, and then you have the option of signing or not.\n\nThere are exceptions.  I believe New York has laws that freeze the rental rates unless you move.   So you should also check the local rental laws, which vary by state, county, and city.  The easiest thing would be to talk to a rental realtor in the area.  Only they will know most of the little details.  Your other option would be to go to a local law school and talk to the librarian to help you find the right laws.
1035768
Where in NYC? All co-ops are good investments. The only downfall is you have a limited number of lenders that will give you a mtg. You cant have a 2nd mtg. With co-ops they require 10-20% down. This depends on the boards requirements.\n\nA sponser apt is a good way to get into a co-op because they are more flexibe due to the fact that its a contractor that currently owns the unit and wants to get rid of it asap due to upgrade renovations. He is will do sell the unit at 5% down as a example.\n\nprevious co-op owner
368855
Upwards of $800 for anything liveable. Depends on the part of the city you want to live in as well. Good luck finding something!
1158542
What's the price? And location?
78663
I assume you mean to rent and not to buy. If so, it depends on where in NYC. Manhattan will be the most expensive and the neighborhood and type of bldg will influence the price as well. A one-bedroom (not a studio) with one bath and NO doorman can go for about $1500 in an area that is a bit off the beaten path. If you rent in a bldg with a doorman in Manhattan, the cost will be closer to $2000. There are several cheaper one-bedrooms for rent in the other areas of NYC such as Queens.