According To The Daily News, More And More People Are Considering The Bronx

[vcinoster]

Originally Posted by Elvira Black

I visited Riverdale not too long ago a few times and there were definite coop bargains to be had; it took me quite by surprise.

The bargains in the coop are in the purchase prices... did you ask about the monthly maintance fees? not much of a bargin getting a 1 bed room for 160,000 if the maintenance is 900-1000 a month not including the property taxes.

But then again what might not be a 'bargin' for me, could be a 'steal' for you.

[Viralmd]

Originally Posted by vcinoster

The bargains in the coop are in the purchase prices... did you ask about the monthly maintance fees? not much of a bargin getting a 1 bed room for 160,000 if the maintenance is 900-1000 a month not including the property taxes.

But then again what might not be a 'bargin' for me, could be a 'steal' for you.

In co-ops the property taxes are included in the maintenance.

[Elvira Black]

The maintenance was generally a lot lower than what I pay now, but did not include the amenities I have in my current coop so it would have ended up the same or possibly more expensive; hard to tell.

I think the real trick is finding out if the coop board is competent; if they have a good managing agent; and how the financials are. That would probably help determine if maintenance costs are likely to go up significantly in the future.

[bbw123]

I just moved from the south Bronx 138Th street from 138th to 149th street is crazy with junkies all over the place I was robed at gun point this year in my building on 137Th ( Mott haven)