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JORTEVSKYJortevsky Real Estate Firm

New York County · New York City

Real Estate Agents Serving Manhattan, NY

Jortevsky Real Estate Firm represents buyers, sellers and investors in Manhattan, with a focus on co-op and condominium purchases and small mixed-use property. In Manhattan the board package, not the mortgage, is usually what decides a co-op purchase, and the difference between a co-op and a condo changes the entire transaction.

Focus

Co-op & condo purchase, small mixed-use

The real hurdle

The co-op board package

Budget for

Mansion tax, transfer tax, flip tax

Local knowledge

Why Manhattan sellers and buyers work with us

Manhattan is the market where the structure of ownership matters more than the address. A co-op is shares in a corporation with a proprietary lease, and the board can decline a financially qualified buyer without giving a reason — which means the board package is the transaction, and a weak one loses apartments that the financing would easily have carried. A condominium is real property with a right of first refusal instead of an approval, and is the practical route for buyers using gift funds, foreign income or unconventional employment. Then there are the costs peculiar to this market and easy to miss until closing: New York State's mansion tax on purchases at or above one million dollars, city and state transfer taxes on the sale side, co-op flip taxes set by individual buildings, and land-lease buildings where the ground beneath the building is rented and the rent resets. We put all of it in writing before you commit, and we will say plainly when a client is better served by a specialist firm in a segment we do not work.

Areas we work in Manhattan

Upper West SideUpper East SideHarlemWashington HeightsChelseaLower East Side

Featured service

Buyer Representation in Manhattan

Jortevsky Real Estate Firm provides exclusive buyer representation across South East Queens and the greater New York City metro area. We handle pre-approval, search strategy, offer structure, negotiation, inspection and closing, and we work regularly with SONYMA financing and the NYC HomeFirst Down Payment Assistance program.

  • Lender introductions and a genuine pre-approval before you start viewing
  • A search brief that includes what you should not buy and why
  • Certificate of Occupancy, permit, violation and flood zone checks on every property before you offer
  • Offer strategy built on terms as well as price
  • Inspection coordination and a plain reading of what the report actually means
  • Guidance on SONYMA, NYC HomeFirst and other down payment assistance programs

Answers

Questions about real estate in Manhattan

Does Jortevsky Real Estate Firm work in Manhattan?

Yes. Jortevsky Real Estate Firm represents buyers, sellers and investors in Manhattan, concentrating on co-op and condominium transactions and small mixed-use property. We will also tell you plainly when a specialist firm is better placed for a particular segment. Call or text (516) 668-6031.

What is the difference between a co-op and a condo?

A co-op sells you shares in a corporation with a proprietary lease on your apartment, and the board must approve you; it can decline without giving a reason. A condominium sells you real property, with the board holding only a right of first refusal. Co-ops are usually cheaper to buy and harder to get into; condos are the practical route for buyers using gift funds, foreign income or self-employment.

What is the mansion tax in New York?

New York State applies an additional transfer tax on residential purchases at or above one million dollars, rising in bands with the price, and it is paid by the buyer. It sits on top of city and state transfer taxes on the sale side. Jortevsky Real Estate Firm puts the full closing-cost picture in writing before you go to contract — confirm current rates with your attorney, as they change.

How do I get through a Manhattan co-op board?

By treating the package as the transaction rather than paperwork. Boards look at post-closing liquidity and debt-to-income ratios that are frequently stricter than the lender's, and presentation matters. Jortevsky Real Estate Firm prepares the package with you and is honest about whether a given building is realistic for your finances before you spend money on an application.

What is a land-lease building?

One where the building does not own the ground beneath it but rents it, and that ground rent resets periodically — sometimes sharply, which flows straight into maintenance charges. Prices in land-lease buildings look attractive for exactly that reason. Jortevsky Real Estate Firm checks the lease term and reset schedule before you consider one.

Do you handle Manhattan rentals and investment property?

We handle rental representation and small mixed-use investment property in Manhattan, underwritten the same way we underwrite in Queens and the Bronx — documented income, a full expense load and verified regulatory status. For large institutional assets you are better served by a firm built for that, and we will say so.

Nearby

Also looking at Long Island City?

Long Island City sits next to Manhattan and trades differently. We cover both, so a search that widens does not mean starting over with a new brokerage.

Talk to a Manhattan agent

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Thinking about a move in Manhattan?

Get a written valuation or a straight answer about the Manhattan market. Both are free, and neither commits you to anything.

Prefer to talk now? (516) 668-6031 · jortevskyrealty@gmail.com