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The Average Condo Common Charges in NYC Are Increasing. Why?

The Average Condo Common Charges in NYC Are Increasing. Why?

Apr 18, 2023 ,,,,,,,,,

Buying a condo in Brooklyn is an exciting time as the area keeps growing in popularity. We have said time and time again to expect the unexpected fees when you are buying in New York City. Realty Collective is here to give you the rundown on the average condo common charges in NYC that could […]

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Mortgage Recording Tax: What Is It?

Apr 18, 2023 ,,,,,,,,

When deciding to purchase a co-op, condo, or home in Brooklyn, New York, you can be guaranteed additional fees and taxes will add up. Some of the fees that can be included in your closing cost are the mansion tax, transfer tax, title insurance, and linen tax (for co-ops). You can also be guaranteed a […]

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Is It Helpful To Renovate Before Selling An Apartment in Brooklyn?

Apr 18, 2023 ,,,,,,,,

Suppose you are considering selling your Brooklyn apartment in this never-changing competitive real estate market. In that case, you should renovate or freshen up the space. There are a few factors to think about for your apartment remodel. Keep reading to find out where to draw the line. Is It Helpful To Renovate Before Selling […]

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What does it mean when an apartment listing says “net effective rent”?

Apr 18, 2023 ,,,,,,,,

You might find a listing that says “net effective rent” when searching for that perfect Brooklyn apartment. What does this mean? Is the price listed the price I pay? How is it calculated? We have all your answers below.  What is net effective rent? Before we explain the definition, let’s understand two other real estate […]

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How to Read and Understand a Real Estate Deal Sheet

Mar 22, 2023 ,,,,,,,,,

Finding the right apartment or home, especially in Brooklyn, a top location in the NYC real estate market, is an exciting next step in your real estate journey. Once you have made an offer, the seller’s attorney or listing agent will give you a deal sheet or transaction sheet.  A deal sheet is a document […]

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There are More Single Women Homeowners Than Single Men

Mar 21, 2023 ,,,,,,,,

Happy Women’s History Month! At Realty Collective we find it important to highlight local women owned businesses in Brooklyn. We have a whole blog category dedicated to it. Female owned businesses are an important part of our community and without them we wouldn’t be here, literally, Realty Collective is co-owned by Victoria Alexander, a real […]

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How will the Recent Bank Collapses Affect Your Mortgage Interest Rate?

Mar 21, 2023 ,,,,,,,,

Silicon Valley Bank made national news last week with its collapse, prompting the Federal Reserve, Federal Deposit Insurance Corp. and Treasury Department to create an emergency program to backstop all deposits using the Fed’s emergency lending authority. Silicon Valley Bank became the second largest bank failure in U.S. history, and the largest since the 2008 […]

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To Ban or Not To Ban E-Bike Battery Storage

Mar 21, 2023 ,,,,,,,,,

This year alone, there have been more than 30 fires all around New York City due to faulty e-bike batteries, leaving landlords & management companies unsure on how to mitigate the potential risk. NYC lawmakers, too, are concerned about the safety of tenants across the five boroughs, banning the sale of non-certified batteries to reduce […]

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Compére Collective Presents: Catalyst by Why Not Art x Beam Center

Feb 22, 2023 ,,,,,,,,

Starting Thursday, March 9 we are happy to host Why Not Art x Beam Center in their exhibition titled, “Catalyst.” “Catalyst” explores the ways in which artists act as catalysts for change and collaboration. Drawing artists from more than a decade of Beam Center’s history, the show highlights the relationships between Beam, artists, and the […]

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Top 7 Important To-Dos that Make Life Easier When NYC Apartment Hunting

Feb 21, 2023 ,,,,,,

Moving to New York City is super exciting – think of all the adventures you will have! What might be less exciting is NYC apartment hunting. But when you find the perfect place, it all seems just to fall into place. To make this part of the journey a little easier, Realty Collective has come […]

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