Upper East Side, NY Real Estate, Upper West Side, NY Homes, Greenwich Village, NY Investment Property, Brownstone - Crystal Burns

New Renovation 243 Lenox Ave Central Harlem

administrator — Wed, 20 Mar 2013 00:58:15 +0000

LOOK AT 243 WEST 120TH . IF YOUR THINKING OF INVESTING IN HARLEM YOUR ARE IN GOOD COMPANY!!

LET ME HELP YOU WITH THE BEST INVESTMENTS IN HARLEM.. 212 444-2201

Refinancing Again

administrator — Fri, 08 Mar 2013 02:43:52 +0000

March 8, 2013

We’re constantly bombarded by lenders to refinance our mortgage under a variety of programs. The volume of offers can almost make you numb to the rational consideration.

There are common rules of thumbs that homeowners and agents use such as not refinancing more often than every two years or there must be at least 2% savings from your previous mortgage rate may not always be accurate.

The reality is that if you can refinance for a lower rate and you’ll be in the home long enough to recapture the cost of refinancing, it should be considered. The costs of previous refinancing that haven’t been recaptured by monthly savings may need to be added to the costs of the new refinance.

Take a look at the chart that shows the average rates according to Freddie Mac for 2012. They are lower today than they were in January of 2012 and for the ten years before that.

Refinancing may save you a substantial amount of money, especially if you’re going to be in your home for a long time. Contact me I would be happy to show you your savings. Crystal Burns 212 444-2201

AUCTION 313 West 77th Street Rare opportunity Bid in before 3/18

administrator — Thu, 28 Feb 2013 00:25:40 +0000

Location	AUCTION Property is located on the north side of West 77th Street between Riverside Drive and West End Avenue
Address	313 West 77th Street
Block / Lot	1186 / 16
Zoning (FAR)	R8B (4.00)
Buildable SF	6,948 q. ft. (approx.)
Lot Dimensions	17′ x 102.17′
Lot Size	1,737 sq. ft. (approx.)
Building Dimensions	17′ x 88′
Building Size	5,898 sq. ft. (approx.)
Number of Units	11
Air Rights	1,050 sq. ft. (approx.)
Assessed Value (12/13)	$429,300
Taxes (12/13)	$57,668

313 West 77th Street is a 17′, five (5) story, eleven (11) unit walk-up building located on the north side of West 77th Street between River side Drive and West End Avenue. Located in the West End – Collegiate historic zoning district, 313 West 77th Street is zoned R8B, standing at 5,898 gross square feet, with approximately 1,046 square feet of air rights. There is currently one RS tenant occupying the property. Just three avenues from Central Park and the Museum of Natural History, 313 West 77th Street presents residents with close proximity to two of New York’s most prestigious and longstanding attractions throughout its five boroughs. With the West Side Highway, the 1,2 and B,C, subway lines, and ferry dock close by, 313 West 77th Street has easy access to the Financial District, Columbia University, and Hoboken across the river. 313 West 77th Street presents an ideal renovation or conversion opportunity for both investors and users alike.Please Note: The United States Bankruptcy Court has recently approved the Bidding Procedures for the auction and sale hearing of this asset. A bid deadline has been set for March 18th at 4 p.m. Please Inquire for full details on the auction and bidding procedures

New Short Sale Guidelines

administrator — Thu, 07 Feb 2013 04:38:20 +0000

The February 1st HAFA deadline has passed and that means the new short sale guidelines are now in effect.

Some of the important changes explained during the presentation include:

New “pre-determined” hardship borrower categories
Current documents that will no longer be mandatory
Anti-fraud affidavit verifying arms-length transactions
Condensed approval timeline required for servicers
Shorter prohibition of resale timelines for HAFA deals

Need assistance with your lender? Call Me Crystal Burns we work directly with

Bank of America

Citi Bank

Chase

Sun Trust

Wells Fargo

Plus many investors on Equator..

Get Your Free 2013 Calendar .

administrator — Mon, 24 Dec 2012 00:16:38 +0000

Happy 2013!!

Happy Holidays?

administrator — Sun, 23 Dec 2012 23:54:19 +0000

From My Family to yours! Wishing you and your family all the best for the new year?

CITY wants back HARLEM site .

administrator — Mon, 20 Aug 2012 22:56:50 +0000

City wants back Harlem site it sold years ago

August 20, 2012 10:00AM

2040 Frederick Douglass Boulevard

Now that Harlem has improved, The Real Deal reported the city is seeking proposals for a gas stationon a site it once owned yet was all too quick to give away in the neighborhood’s down years three decades ago. But the entrepreneur who took over the property filed a suit in Manhattan Supreme Court to block the Economic Development Corp’s plans, the New York Post reported.

“They didn’t want it when it was in such terrible disarray over there, and now that things are good, they want to take it and do something different with it,” Carmie Elmore, who owns the BP station at the site told the Post. “I understand what they want, but I know it’s not right, and I know it’s not fair, and that’s why we’re fighting it.”

Elmore and business partners took over the site, at 2040 Frederick Douglass Boulevard, in 1981. Fifteen years later they purchased it for $1 million under an agreement that gave the city the right to repurchase the land. But the Post said that provision expired in 2008. Is this a segment for Shame on you?

The city’s Law Department is reviewing the suit and said only that it “strongly disputes” Elmore’s claims. One of the few remaining gas stations in the city, the business employes 21 people. [Post] — Adam Fusfeld

Thinking of Buying or Selling?

administrator — Fri, 10 Aug 2012 23:50:06 +0000

Harlem Is Hot!!

administrator — Fri, 03 Aug 2012 03:34:35 +0000

August 2012

Currently some of the best properties are available for sale in Harlem, from totally gut renovated turn-key income producing property’s to High end luxury high rises. We have you covered..

Sylvia Woods Passes at 86 Famed Harlem Restaurant Owner

administrator — Fri, 20 Jul 2012 02:45:09 +0000

New York’s “Queen of Soul Food,” Sylvia Woods, owner of Sylvia’s restaurant in Harlem, has died at the age of 86, theNew York Daily News and other news media report.

Politicians sang praises of the restaurant owner whose collard greens and fried chicken helped bring tourists to Harlem and fed the likes of Bill Clinton, according to the News.

The News hailed Woods, who died in Mount Vernon, N.Y., as an “ambitious and charismatic beautician from South Carolina” who, in 1962, bought the 35-seat luncheonette where she had worked as a waitress. She built up the restaurant to become a New York City landmark that was a regular stop of tour buses and drew long lines of hungry crowds.

The Twitterverse crackled with words of condolence after Woods’ death.

Mayor Michael Bloomberg tweeted, “NYC will never forget the Queen of Soul Food.”

U.S. Rep. Charles Rangel, a Democrat and longtime congressman from Harlem, tweeted “RIP” to “my friend and founder of world famous Sylvia’s soul food.”