Which Borough Wins? $900K Property Tour Across NYC + NJ!

[@NickSprecher]

This is a great video. Crazy what real estate costs in NYC. Not only do you need $100k-$200k+ for the down payment and closing costs, but after that you get $5,500-$6,500 to pay every month for the next 30 years. Not saying it’s bad investment given the historical appreciation of NYC, but wow it’s a lot. 😮

[@justinmartineznyc]

Thanks for watching! usually the purchaser would only live there for 3 to 6 years. Usually makes more sense than renting a similar property.

[@NickSprecher]

@ that makes sense. Appreciate you sharing your content for us!

[@Evenstar213]

Good idea to put in a bit of NJ mate!

[@GManGucci]

Watching this video makes me happy to own my house here in Des Moines, lowa because my mortgage is $917.00 a month and those 4 to 6k mortgages are like 3 months of all my expenses!

[@justinmartineznyc]

I understand your point. People also make like 4 times more in NYC.

[@GManGucci]

Beautiful properties even if l made a billion dollars a year l’d be the billionaire who drove a Honda Accord living in my house now but without a mortgage…lol…Good day to you and Happy Holidays!!!

[@justinmartineznyc]

@@GManGucci Happy holidays!

[@Ashlesh-u5v]

Love your videos and would love to see more about Jersey City (6th Borough 😅) as it grows exponentially.

[@justinmartineznyc]

Thanks for watching! The next video we are putting out next week will have jerseys city in it :)

[@pugs0876]

Love the vids man! But definitely hit up Westchester! As someone born and raised there, there's definitely places people would be interested in that are as close/far to midtown as some of the other boroughs

[@justinmartineznyc]

Thanks for watching! What are in Westchester would you recommend?

[@pugs0876]

@@justinmartineznyc If you are looking on the more expensive side, I would say Bronxville, Rye. On the more affordable side, maybe New Rochelle and White Plains

[@ListedInTheSouth]

@@pugs0876 Definitely should hit up New Rochelle.

[@maxcolgate8278]

@@justinmartineznyc my aunt live in Hastings On Hudson which is nice, and my uncle is in Bronxville which is very upscale!!

[@newyorkvisionary]

Westchester is nice but too far for someone who wants an easy commute.

[@jayspencer1017]

Dude im so happy you show long island city and not the more affordable parts of Queens. 900K for a shoebox condo in LIC when i could get a house in Malba , Jamaica , Jamaica Estates or Holliswood is outrageous

[@justinmartineznyc]

Not everyone wants to live in those neighborhoods. However I’m filming on Monday a house in Jamaica

[@newyorkvisionary]

Those areas are really far from Manhattan, that’s why. Also not everyone’s cup of tea.

[@newyorkvisionary]

Loved the video and all the location options you included!

[@melissaburden6303]

Finally remembered to subscribe. Your videos are fun to watch.

[@justinmartineznyc]

Thank you for the support!

[@craigwiggins8287]

I really like your videos!!! Definitely will subscribe!!!

[@justinmartineznyc]

Thank you!

[@MOSxNY]

Staten Island was the best to me in terms of bang for your buck. Just change the paint color inside. The commute to the city is like 30-35 min if you take the HOV lane.

[@justinmartineznyc]

Thanks for the feedback!

[@ListedInTheSouth]

I like the single family resident in Staten Island and the multi-family in the Bronx. I think the Bronx one would be better because you can house hack it. Yes, do more New Jersey, even Westchester.

[@justinmartineznyc]

Thanks for the feedback!! Got you

[@altaischurale7324]

As always...and excellent video presentation.....But I find the new properties grossly overpriced..... I do not like "open kitchens "......

[@justinmartineznyc]

Thanks for watching!

[@NickSprecher]

The property taxes seem cheap relative to the purchase price for the first couple of condo units you showed. Not bad

[@lazerbud]

Love the breakdowns of down payments etc. Any chance you can make a video on first time buyers for investment purpose?

[@justinmartineznyc]

Thanks for watching! Yes, I can. What questions would you have?

[@lazerbud]

@ Things to watch out for, taxes, insurance, Airbnb ability (I know impossible in NYC but maybe NJ/CT?) What to look for in cash flow generating properties etc? Many thanks in advance

[@Evenstar213]

I've always dreamt of owning a lovely brownstone townhouse, whether in brooklyn or manhattan. Well, looking at the price of a 1 bed apt., I guess I'll pass 😅

[@justinmartineznyc]

I'll add some brownstones in future videos

[@ethanj5143]

how much are the property taxes for that apt in jersey (monthly)

[@justinmartineznyc]

$18,137/annually/$1511 per month

[@kallepalmblad5650]

Great video! Can you show us the cheapest properties in NYC?

[@justinmartineznyc]

Thanks for watching! I’ve been trying to coordinate this video since the summertime. It’s been so hard to schedule since some brokers don’t want me to film. I’m going do below $500k in a few weeks.

[@Kev4Kev]

Is there more than 1 elevator in the first building ?

[@justinmartineznyc]

2 elevators

[@MegaApril2012]

Do you still have to pay property taxes if you are buying one single apartment in a building?

[@justinmartineznyc]

Yes. We went over the numbers for the condo units.

[@MegaApril2012]

@@justinmartineznyc Thanks, this is my first time hearing about this. I would really like to get into real estate, but have no clue how to crunch the numbers or where to start. Any book recommendations?

[@justinmartineznyc]

@@MegaApril2012 bankrate mortgage calculator. Or the mortgage calculator at the bottom of a listing

[@MegaApril2012]

@@justinmartineznyc Thank you!

[@jamalfsr]

do 350.000 k justin por favor

[@justinmartineznyc]

I'm doing below $500,000 next week :)

[@jennifergraham9679]

So I will stick to Queens, while they condo's arent bad I dont like the kitchens,where is the pantry,they put enough cabinets that are useless they could have put a pantry,these developers are so out of touch,with practical use of space,yes they put the washer and dryer.