In New York, condos and co-ops comprise the bulk of non-rental housing. If you are looking to buy, it’s probably a good idea to know which type best suits your needs.
If you want a newer place to live with more amenities, then a condo is probably for you – these are also easier to rent out if you ever do decide to turn the property into an investment unit.
Cooperative apartments, which are technically shares of a corporation governed by selective boards of residents, tend to be in older buildings and are consistently less expensive than the newer condos.
When investors or owner/residents want to move their money or move out of a condo or co-op WayFinder can assist with every phase of the process. We are familiar with the lifestyle and the internal politics of buildings and their boards. This is especially helpful to investors who do not occupy the unit.
With our awareness of board issues or management concerns we will leverage existing relationships and internal synergies to overcome potential obstacles.
WayFinder helps you sell- in your timeframe and for the highest price possible. Additionally, in the buildings that we manage, selling with us saves you time and money. We waive processing fees on sales that we handle and our turnaround time, by keeping the processing in house, is second to none.
Every unit is unique and we work directly with you to make your sales experience as simple and rewarding as possible. We have recorded record sales prices on both a total unit price and price per square foot in numerous buildings.
30 Orchard Street
The distinctive appearance of this ultra-modern building, with nine beautifully designed apartments, provides an upscale addition to its trendy and artistic neighborhood.
WayFinder assisted in the sale of multiple one- to two-bedroom units, sold at record-setting prices for the neighborhood from $725,000 to 2,550,000.
57 Thompson Street
This low-rise co-op building is located in the heart of SOHO and features an elevator, live-in super, multi-floor laundry room, and common storage area.
WayFinder assisted in the sale of 2CD, a one-bedroom, two-bath unit that set records in the building for unit price and price per sq. ft. when it sold for $835,000.
181 Seventh Avenue
Known as the Atrium, this 45-unit boutique full-service condo building has a newly renovated lobby, on-site bike room, storage, and laundry rooms. It is steps from Chelsea’s many top restaurants, shops, and art galleries and is just a short stroll from High Line Park, Hudson River Greenway, and Chelsea Piers.
Working with WayFinder, the seller sold unit 16B with one bedroom and one bath for $2,100,000, which was a building record for both unit and sq. ft. price and a record for the neighborhood as well. That’s what we do.