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Meet Your Battery Park City Team

Our Style is Focus!

 

As a successful residential team, we welcome the opportunity to service you towards selling/purchasing in the the Battery Park City Community. Please take a moment to enter the pertinent information for our sales team below. This will help us serve you more effectively. We look forward in making the selling or purchasing of your Battery Park City home a pleasurable reality.                                  THANK YOU!


 

Sellers/Buyers Name,

E-mail address,

N.J. Property Selling / Buying:




Innovation Group of New York, Inc. respects the privacy of all past, present and future potential Sellers/Buyers. We never will, rent, loan or give away your pertinent, personal information given to us for the intent to do business with us or for communications with us.



Ways to List Your Home


Exclusive Right to Sell.....Only the broker can sell the property. If the owner sells the property, a commission is owed unless some other arrangement is worked out.

Exclusive Agency.....
The property is listed with one broker, but the owner may sell it, without paying a commission, to a purchaser who did not come through the broker. But, if a broker other than the listing broker sells the property, the owner has to pay a commission to both the listings broker and the selling broker.


Estimated Condominium Closing Costs

Sellers/Buyers


Broker Commission    
6% 
Attorney Fee
$1,500.00 and up
Attorney Fee 
$1,500.00 and up
Bank Points
0 to 3% of the mortgage amount
Managing Agent Processing Fee
$450.00 - $650.00
Bank Attorney Fee
$500.00 - $700.00
Move-Out Fee  
$500.00      
Bank Application Credit Check
$500.00
New York City Transfer Tax
1% of purchase price of $500,000.00 or less
1.425% of purchase price above $500,000.00
Bank Recording Fee
 
$150.00
New York State Transfer Tax 
0.4% of purchase price  
Tax Escrows
2 to 6 months
Title and Recording Fee
 
$100.00      


Mortgage Tax
2% of mortgage amount under  
$500,000.00
2.125% of mortgage amount over $500,000.00
Mortgage Satisfaction Fee
$150.00 - $300.00 

Title Insurance
Varied rates based on New York Law
insurance increases

Violation Search
$250.00

Managing Agent Fee
 
$250.00

Common Charges Adjustments
One Month

Real Estate Tax Adjustments
One to Five Months

Mansion Tax
1% of total price over $1,000,000.00

Title Closer Fee
$100.00 - $150.00 

Please Forward All Mail Correspondence to Our Corporate Mail Box:
C/O Innovation Group of New York, Inc.
P.O. Box 3405, Church St. Station
New York, New York 10008-3405