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All Forum Posts by: Jasmine Zhang

Jasmine Zhang has started 1 posts and replied 1 times.

Post: Buying a Co-op in New York

Jasmine ZhangPosted
  • Posts 1
  • Votes 0

I have little experience in real estate. Can you please help me with the considerations needed to decide whether to buy this co-op to live in? I was thinking about renting it, but the rent seemed too high at $2,200.

1. I have already toured it because I was thinking about renting it

2. I will probably live there for at least one year, but likely less than two

3. I don't need a mortgage; my savings will cover the cost.

4. As noted, it includes furniture.

5. It is 15 minutes from my office

6. I am thinking that paying monthly maintenance of <$1,000 is much less than the rent, so it seems like a good deal.

https://www.trulia.com/home/370-westchester-ave-3n-pt-cheste...