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RATE this condo in MFH for only $349,000
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Date: July 12th, 2018 8:13 PM Author: bipolar market Twist: Coop fee is $931 per month. Twist 2: every time you cook you risk your bed catching on fire.
https://www.zillow.com/homedetails/317-E-18th-St-APT-6B-New-York-NY-10003/84074761_zpid/?fullpage=true |
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Date: July 12th, 2018 8:54 PM Author: Contagious quadroon university dat ceiling fixture tho.... (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36415329) |
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Date: July 12th, 2018 8:57 PM Author: Charismatic tan field boiling water talk me out of putting in an offer (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36415346) |
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Date: July 12th, 2018 10:54 PM Author: Contagious quadroon university If you are considering it, you are cost-sensitive and not a trust-fund person. As such, you should not live in NYC. NYC is a fine place to visit. You're better off moving to another city, learning to code, getting a $100K job with geographical flexibility, and getting whatever you like from NYC by visiting friends for extended periods of time.
And NYC has jumped the shark anyways. |
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Date: July 15th, 2018 11:20 PM Author: Cruel-hearted Plaza (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36434105) |
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Date: July 12th, 2018 10:59 PM Author: dun free-loading national Why the fuck would you want this. Shitty apt that you're locked into. The HOA is much of the way towards renting something similar and can increase at any time. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416462) |
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Date: July 12th, 2018 11:04 PM Author: bipolar market CR. That's what makes this absurd. This place would actually be suitable as a pied-a-terre if you wanted a weekend/vacation place in the city if the fee was like $400/month. It would be like a hotel room that you had access to any time and could leave your stuff at.
Instead, at $930 per month (plus the fact that the listing says no pied-a-terres) you might as well just rent a nicer studio or a bedroom in some condo. |
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Date: July 12th, 2018 11:07 PM Author: dun free-loading national Tcr (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416509) |
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Date: July 12th, 2018 11:38 PM Author: domesticated peach personal credit line Maintenance is a bit high for a studio but it’s discounted for that in the offering price.
The no pied a terre rule only applies at purchase. Once you are approved there really isn’t shit they can do. Or will care to do. |
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Date: July 13th, 2018 9:31 AM Author: dun free-loading national "but it’s discounted for that in the offering price"
It is absolutely tiny. |
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Date: July 15th, 2018 11:40 PM Author: flushed chapel (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36434244) |
Date: July 12th, 2018 8:57 PM Author: Lascivious foreskin Just do open concept bathroom to feel more spacious (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36415345) |
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Date: July 12th, 2018 9:07 PM Author: bipolar market *shits in your toaster which is also your bedside alarm clock* (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36415444) |
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Date: July 12th, 2018 11:09 PM Author: Lascivious foreskin ljl (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416517) |
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Date: July 13th, 2018 11:09 AM Author: Blathering brunch (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36418341) |
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Date: July 15th, 2018 11:40 PM Author: flushed chapel (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36434248) |
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Date: July 13th, 2018 9:36 AM Author: tripping brindle pisswyrm just rip out the bathroom and use pissjugs exclusively. you can shit at the starbucks, which i'm sure is nearby, and lol at ever showering if you live in a place like that. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36417789) |
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Date: July 16th, 2018 10:13 PM Author: Lascivious foreskin (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36441249) |
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Date: July 12th, 2018 10:58 PM Author: Magical internal respiration What did that unit used to be, a master bedroom?
The kitchen is an old closet. |
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Date: July 12th, 2018 11:05 PM Author: well-lubricated church building roommate "Sorry, no pied a terres." Explain for non nycmo |
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Date: July 12th, 2018 11:08 PM Author: dun free-loading national You can't live somewhere else and just use this as your NYC pad. That's basically the only use for it, btw. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416514) |
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Date: July 12th, 2018 11:18 PM Author: well-lubricated church building roommate My q is why would the seller give a fuck and how would they stop you (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416557) |
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Date: July 12th, 2018 11:30 PM Author: dun free-loading national Philosophically, the seller doesn't care at all. However, remember that condos/coops aren't like buying a house. You have to get approved to buy a place and the board won't approve someone who won't be living there full time. So sellers don't accept offers from people that won't be approved. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416624) |
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Date: July 12th, 2018 11:35 PM Author: well-lubricated church building roommate Ljl at coopcucks. "Yeah I'm totally gonna live there full-time." *shows up whenever the fuck I want* "Oh sorry I've been traveling a lot" |
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Date: July 12th, 2018 11:44 PM Author: dun free-loading national Sure, and people BS like this all the time. However, the seller probably figures that if you can't fool them then you can't fool the board. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416685) |
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Date: July 12th, 2018 11:41 PM Author: domesticated peach personal credit line See above. They only care at the time you buy. No teeth to this if you can convince the board you’re going to live there. But might get dinged if you tell them you live in Westchester and have 4 kids. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416674) |
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Date: July 12th, 2018 11:15 PM Author: Maniacal Razzle Fat Ankles “And over here we have the . . . .” he lisped in his best Ryan/Fredrik voice. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416543) |
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Date: July 12th, 2018 11:20 PM Author: carmine indian lodge how the FUCK has nobody posted a comparably priced mansion in Texas yet? (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416570) |
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Date: July 13th, 2018 12:11 AM Author: buck-toothed digit ratio https://www.zillow.com/homes/for_sale/New-Rochelle-NY/2117910031_zpid/26114_rid/2-_beds/globalrelevanceex_sort/40.92757,-73.769138,40.909637,-73.799651_rect/14_zm/
40m to grand central, no city tax |
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Date: July 15th, 2018 11:20 PM Author: carmine indian lodge I've always wondered why those towns just north of NYC are so damn cheap and haven't been gentrified. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36434103) |
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Date: July 15th, 2018 11:25 PM Author: Cruel-hearted Plaza because taking a bus/train sucks ass, is unreliable like the subway is now, and will probably take 2 hours one way to get to work
the commute is probably 3 to 4 hours a day for some shitty office job |
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Date: July 13th, 2018 9:18 AM Author: bipolar market Not a mansion, but a nice family home for the same price. It's about 40 minutes from Nashville. https://www.zillow.com/homedetails/303-Zoe-Ct-Murfreesboro-TN-37129/67694804_zpid/?fullpage=true (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36417697) |
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Date: July 13th, 2018 9:32 AM Author: dun free-loading national Oh cool, a shitty McMansion in the middle of nowhere. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36417770) |
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Date: July 13th, 2018 9:34 AM Author: tripping brindle pisswyrm 2500 ft isn't a mcmansion and nashville is way the fuck nicer than new jersey (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36417777) |
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Date: July 13th, 2018 9:40 AM Author: dun free-loading national It is built the same as a McMansion, just smaller. And agree to disagree on the last point. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36417809) |
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Date: July 13th, 2018 10:10 AM Author: blue tattoo genital piercing Even if that were true, that place is 40 mins from Nashville. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36417917) |
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Date: July 13th, 2018 12:34 AM Author: wild liquid oxygen about the size of my current place (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36416819) |
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Date: July 13th, 2018 9:45 AM Author: self-absorbed hyperventilating den i used to live in a similarly sized apartment in the east village.
cost me 1500-1700 though. those fees are insane. |
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Date: July 15th, 2018 4:52 PM Author: bipolar market Did you ever even bother cooking? Or did you only eat at restaurants/bring food in? Something about cooking 3 feet away from my bed would be gross. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36431848) |
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Date: July 13th, 2018 9:53 AM Author: Painfully honest trust fund location Where is the shower?? (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36417865) |
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Date: July 13th, 2018 9:57 AM Author: 180 fishy ratface this is a coop
not a condo |
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Date: July 13th, 2018 10:06 AM Author: self-absorbed hyperventilating den strange that there aren't any bathroom photos (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36417905) |
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Date: July 13th, 2018 10:11 AM Author: spectacular ultramarine step-uncle's house pozpig i was thinking the same thing, i would love to see the 2 foot 8 inch wide bathroom
pretty sure bathrooms on most rv's are bigger than that |
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Date: July 13th, 2018 10:49 AM Author: gay dead site My one year old's bedroom is larger than the entire condo. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36418198) |
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Date: July 15th, 2018 11:21 PM Author: Cruel-hearted Plaza (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36434108) |
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Date: July 13th, 2018 11:22 AM Author: Crystalline sinister resort codepig "prewar". As a selling point. holy shit. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36418462) |
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Date: July 13th, 2018 12:07 PM Author: dun free-loading national You must not be a NYC person. It is a major selling point because the soundproofing/construction is significantly better. Ask yourself how well you want to hear Mandy and I bicker about nonsense, our dog barking, my Russian music, etc. If the answer is "Gee Fish, that sounds awful" then you generally want a pre-war building. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36418759) |
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Date: July 15th, 2018 11:31 PM Author: Cruel-hearted Plaza renovated prewars are OK
prewars that have not been renovated are TTT with tiny little rooms |
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Date: July 15th, 2018 11:41 PM Author: flushed chapel (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36434250) |
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Date: July 17th, 2018 11:59 AM Author: dun free-loading national I don't disagree. Don't forget though, some people like even those because they're trying to stuff too many people in too small of a space. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36444259) |
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Date: July 13th, 2018 11:27 AM Author: Mahogany Sick Home Not only will it sell, it will go over ask. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36418484) |
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Date: July 15th, 2018 11:22 PM Author: Cruel-hearted Plaza my living room is bigger than this place and i live in NYC...just LOL @ the moron who buys is (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36434112) |
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Date: July 15th, 2018 11:35 PM Author: Ruby rigpig stain Is there just a sink and shower w a big drain in the floor? There’s no toilet... (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36434196) |
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Date: July 15th, 2018 11:42 PM Author: flushed chapel (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36434262) |
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Date: July 15th, 2018 11:39 PM Author: Lilac odious jewess i just down understand listings like this. 1800/mo mortgage (optimistic) + 900 in fees. you can rent a similar apt in the area for 2k/mo. even if you buy this place to live there, nobody wants to live in a place like that for more than a few years and any gains you make on the investment will be minimal when you sell it after 5 years, taking into account closing costs and broker fees, etc. even if it appreciates 50k, which would be optimistic, you will have paid that in maintenance fees. plus you lose all the flexibility of being able to live wherever you want in the city (or anywhere else) at any time.
and as an investment property, its not much better. 700/mo in returns is 2.4% a year, and that assumes you rent out at 100% (not going to happen) and that you dont have rent issues with the tenants (more likely with these shit studios).
i just dont get it |
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Date: July 15th, 2018 11:42 PM Author: Cruel-hearted Plaza yup
friend bought a MFH studio, barely breaking even (maybe made 20K profit) after holding for a few years, after accounting for HOA fees
also studios don't appreciate much and you prob won't even be able to rent it out for your mortgage + HOA fees.... |
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Date: July 17th, 2018 10:33 AM Author: dun free-loading national Also, fees could be $1500 in 5 years and then what? (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36443692) |
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Date: July 17th, 2018 10:38 AM Author: Adventurous mauve incel Lmao, nyc is hell (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36443715) |
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Date: July 17th, 2018 12:00 PM Author: dun free-loading national NYC is fine as long as you fall into one of the groups that it is geared towards (fresh out of school and renting, super rich and have a second home elsewhere, etc.). This apt is just silly because it isn't really geared towards any of them. (http://www.autoadmit.com/thread.php?thread_id=4024386&forum_id=2#36444264) |