{"id":6876,"date":"2023-08-24T15:42:23","date_gmt":"2023-08-24T15:42:23","guid":{"rendered":"https:\/\/nysck.com\/kueberrealty\/?p=6876"},"modified":"2023-08-31T20:22:59","modified_gmt":"2023-08-31T20:22:59","slug":"kew-gardens-co-ops-add-options-to-the-local-real-estate-market","status":"publish","type":"post","link":"https:\/\/nysck.com\/kueberrealty\/kew-gardens-co-ops-add-options-to-the-local-real-estate-market\/","title":{"rendered":"Kew Gardens Co-Ops Add Options to the Local Real Estate Market"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;3px||0px|||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|auto||1px||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.22.1&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\">Some people refer to Kew Gardens as an urban village. After you stroll the neighborhood&#8217;s quiet streets, you&#8217;ll understand why! In Kew Gardens, <a href=\"https:\/\/nysck.com\/kueberrealty\/single-family-homes\/\">single-family homes<\/a> coexist alongside condominiums and <a href=\"https:\/\/nysck.com\/kueberrealty\/multi-family-homes\/\">multi-family<\/a> housing. Kew Gardens <a href=\"https:\/\/nysck.com\/kueberrealty\/coops\/\">co-ops<\/a> are taking the local real estate market by storm, so let&#8217;s shed some light on this urban housing option.<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; text_font=&#8221;|600|||||||&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<p>Types of Co-ops<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.1&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\">Kew Gardens co-ops look just like other forms of urban housing. You won&#8217;t necessarily know if you are standing in front of a co-op unless you see a sign stating that fact. Many co-ops are mid-rise apartment buildings, but this isn&#8217;t always the case. Co-ops also come in these housing styles:<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<ul>\n<li>High-rise apartment buildings<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;-15px|-142px|||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<ul>\n<li><span>Townhomes<\/span><\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;-15px|-142px|||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<ul>\n<li><span>Duplexes, triplexes and multiplexes<\/span><\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;-15px|-142px|||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<ul>\n<li><span>Senior and special needs housing<\/span><\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; text_font=&#8221;|600|||||||&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;-15px|-142px|||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<p>A Different Type of Ownership<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.1&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\">Co-ops act as a corporation. When you purchase Kew Gardens co-ops, you are buying shares in the corporation. Your purchase gives you the right to occupy space in the building. If this sounds a little unorthodox, don&#8217;t worry. It is a common practice in New York City and other urban centers.<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.1&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\">Co-op financing is different than a traditional home mortgage. A co-op loan is a loan to purchase shares. These loans typically require a higher down payment than a mortgage.<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; text_font=&#8221;|600|||||||&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<p>Are Kew Gardens Co-ops Budget-Friendly?<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.1&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\">Co-ops have a reputation as a more affordable way to break into the real estate market in New York City. Like any property, co-op prices vary. You will also need to factor maintenance fees into your housing budget.<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<p>Here are a few examples of Kew Gardens co-ops that are currently on the market:<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.1&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<ul>\n<li style=\"text-align: justify;\">A two-bedroom\/two-bathroom unit in a mid-rise building with on-site parking is listed at $399,000.<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.1&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;-15px|-142px|||false|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<ul>\n<li style=\"text-align: justify;\">A renovated two-bedroom\/two-bathroom unit is listed at $558,000.<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;-15px|-142px|||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<ul>\n<li>A studio unit with on-site laundry facilities is listed at $130,000.<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.6&#8243; text_font=&#8221;|600|||||||&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;-15px|-142px|||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<p>Want to Know More?<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.1&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|-142px||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\">Kew Gardens Realty agents are experts in co-op real estate. <a href=\"https:\/\/nysck.com\/kueberrealty\/contact\/\">Contact<\/a> us today to learn more about Kew Gardens co-ops!<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some people refer to Kew Gardens as an urban village. After you stroll the neighborhood&#8217;s quiet streets, you&#8217;ll understand why! In Kew Gardens, single-family homes coexist alongside condominiums and multi-family housing. Kew Gardens co-ops are taking the local real estate market by storm, so let&#8217;s shed some light on this urban housing option.Types of Co-opsKew [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"Some people refer to Kew Gardens as an urban village. After you stroll the neighborhood's quiet streets, you'll understand why! In Kew Gardens, single-family homes coexist alongside condominiums and multi-family housing. Kew Gardens co-ops are taking the local real estate market by storm, so let's shed some light on this urban housing option.\r\n\r\nTypes of Co-ops\r\n\r\nKew Gardens co-ops look just like other forms of urban housing. You won't necessarily know if you are standing in front of a co-op unless you see a sign stating that fact. Many co-ops are mid-rise apartment buildings, but this isn't always the case. Co-ops also come in these housing styles:\r\n\r\nHigh-rise apartment buildings.\r\nTownhomes.\r\nDuplexes, triplexes and multiplexes.\r\nSenior and special needs housing.\r\nA Different Type of Ownership\r\n\r\nCo-ops act as a corporation. When you purchase Kew Gardens co-ops, you are buying shares in the corporation. Your purchase gives you the right to occupy space in the building. If this sounds a little unorthodox, don't worry. It is a common practice in New York City and other urban centers.\r\n\r\nCo-op financing is different than a traditional home mortgage. A co-op loan is a loan to purchase shares. These loans typically require a higher down payment than a mortgage.\r\n\r\nAre Kew Gardens Co-ops Budget-Friendly?\r\n\r\nCo-ops have a reputation as a more affordable way to break into the real estate market in New York City. Like any property, co-op prices vary. You will also need to factor maintenance fees into your housing budget.\r\nHere are a few examples of Kew Gardens co-ops that are currently on the market:\r\n\r\nA two-bedroom\/two-bathroom unit in a mid-rise building with on-site parking is listed at $399,000.\r\nA renovated two-bedroom\/two-bathroom unit is listed at $558,000.\r\nA studio unit with on-site laundry facilities is listed at $130,000.\r\nWant to Know More?\r\n\r\nKew Gardens Realty agents are experts in co-op real estate. Connect with us today to learn more about Kew Gardens co-ops!","_et_gb_content_width":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-6876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/posts\/6876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/comments?post=6876"}],"version-history":[{"count":8,"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/posts\/6876\/revisions"}],"predecessor-version":[{"id":7421,"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/posts\/6876\/revisions\/7421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/media\/6871"}],"wp:attachment":[{"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/media?parent=6876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/categories?post=6876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nysck.com\/kueberrealty\/wp-json\/wp\/v2\/tags?post=6876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}