Long Island Condominiums (condos): Condos in the Long Island range in price from
low 200's to several million. Affordable condos condos can be purchased
in Throgs Neck, Parkchester, and White Plains for between $200,000
and $350,000. Owner has a deed for unit, has a separate mortgage,
pays property tax on the unit plus a percentage of the common areas
and pays a monthly maintenance fee. A board of directors governs the
complex with the owner having one vote. The condo owner has a fee
simple absolute unrestricted ownership and is individually responsible
for property taxes and maintenance fees. Use the sales price of condominiums
with similar size, appeal, age, neighborhood in Long Island, incurring similar
maintenance fees, etc. to determine market value. Ask owners in the
complex what they like and dislike about both the unit and the complex.
How good is the sound proofing? End units and upper units generally
sell for more when sound comes into play. How is its location in the
complex? Is it near downtown Long Island or will you have to commute? Next
to an access street, parking facility, pool? Look for units that are
not adversely affected by these. Stay away from predominantly rental
condo complexes in Long Island, those having more occupants that are renters.
They are often poorly maintained as absentee owners usually vote against
improvements and increases in maintenance fees. When buying condos
in Long Island, it is always good to ask lots of questions.
Long Island homes for sale
(introduction)
Long Island condos
Long Island cooperatives
Long Island resale homes
Long Island gated communities
Long Island townhouses
Building a house in Long Island
Long Island new homes
Long Island luxury homes
Long Island lofts
Long Island investment property
New York bungalows
Long Island duplexes
Long Island triplexes
Long Island residential real estate
(attached)
Long Island residential real estate
(detached)