March Edition - 30 Days of Real Estate in 90 Seconds  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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J. Rubinstein Team

Hey Next-Door Neighbor, 

Can I Buy Your Apartment?

What’s behind that knock on the door? Big dreams!


“I wish we had two extra bedrooms…I wish I had a better view…I wish I had a terrace.” Wishes do come true for many New Yorkers by acquiring the apartment that’s just next door and turning two homes into one. Of course, this is no simple task. It’s all about persistence... and money... and luck. But most families would agree: It’s worth the effort.


 

You’re starting off with a big advantage:

  • You feel really good about the neighborhood.

  • You’re happy with the building and staff. 

  • The odds are in your favor for co-op or condo board approval.

  • You don’t have to pack up and move (but you may need to temporarily relocate during construction).

  • Large, multi-bedroom homes almost always fetch significantly higher square-footage rates.

  • You’ll have a unique, one-off apartment unlike any other in the building.


Making sure the puzzle fits together.

  • Side-by-side apartments are more cost/space efficient than duplex combinations.

  • Even neighboring apartments could have oddly off-set ceiling heights.

  • Be aware of all load-bearing walls that can impact your expansion.

  • Will you need to upgrade your present apartment as well? Probably.

  • Be sure the financial puzzle fits your budget – including construction, furnishings and ramped-up monthly maintenance.


Marriage is a tricky business - and that includes the merging of two apartments. It’s been my pleasure to assist many clients with their dreams of expansive living. So right after you knock on your neighbor’s door, be sure to give me a call!

Tracking Manhattan Apartment Prices: It Comes Down to Condos vs. Co-ops

New development is almost exclusively condominiums, which tend to be larger and fancier than existing co-ops.

My Newest Listings
6 Morton Street
4 Bed | 2.5 Bath | West Village Townhouse

New Development of the Month

The Katharine

Focus On Design

A New New Museum, for Humans and Robots and Everyone in Between

With a major expansion by OMA debuting this fall, the museum reopens with a landmark exhibition featuring 150 artists, and tackles timely questions about technological change.
Recently Closed Deals

34 North 7th Street, PH2B

Off-Market Williamsburg PH 

Status - In Contract


270 West 11th Street, 5G

Prewar West Village Co-op

Status - Closed


643 Humboldt Street

Greenpoint Townhouse

Status - Closed


24 West 30th Street, 6

Full-Floor 3BR Prewar Condo

Status - Closed


87 Irving Place, 2B

Clinton Hill 2BR Condo

Status - Closed


37 Quincy Street

Clinton Hill 7BR Townhouse 

Status - Closed

This Month's Mortgage Rate Snapshot

*The rates below are based on a $3,000,000 Condominium Purchase with a 20% down payment

10-Year Adjustable Rate: 6.5%


30-Year Fixed Rate: 

6.876% 

Q4 2024

Market Reports


Recorded Sales:

     

      Justin Rubinstein is a 19-year veteran of the real estate marketplace, who quickly gained attention from industry veterans and clients alike as a motivated and knowledgeable professional whose focus is on providing the best customer service possible while negotiating and protecting his clients with dogged tenacity. This tenacity and hard work ethic has proven fruitful as he has successfully negotiated over $1B in real estate transactions to date. Justin has enjoyed representing buyers and sellers of trophy properties such as the Time Warner Center, 56 Leonard, The Apthorp, One Madison, landmarked West Village townhouses, and new development penthouses. In each instance, his clients come away from the experience with a strong appreciation for his dedication and expertise... read more

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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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