About Juestina Lu

In NYC, market conditions vary dramatically by neighborhood, property type, and price point. The Boland Team breaks the market into micro-markets—so you get strategic advice tailored to your goals.

It depends on where you’re looking, what you're buying, and at what price point. In NYC, market conditions vary dramatically between co-ops, condos, and townhouses, and also between neighborhoods—Harlem and Morningside Heights often behave very differently than Chelsea or Midtown East.

The Boland Team breaks the market into micro-markets—specific to location, price range, and property type—so our clients can make informed decisions based on what really applies to them. When we’re asked this question, we start by learning more about you—your goals, budget, and timeline—so we can give a meaningful, personalized answer.

In NYC, the typical timeline is 3 to 6 months from your first showing to moving in—but it varies.
Factors include:
●    Inventory: Is your desired product type available?
●    Decision-making style: Do you act quickly or need time to explore?
●    Neighborhood range: Are you focused (e.g., Morningside Heights only) or broad (e.g., Harlem to Murray Hill)?
●    Property type: Co-ops take longer than condos, and board approval adds weeks.
Closings can take additional time—especially in co-ops where board review is involved. We'll help you create a realistic, efficient timeline that suits your goals.

In NYC, closing costs are significant—and different for buyers and sellers. For buyers, they can include:
●    Mortgage recording tax (condos)
●    Title insurance
●    Mansion tax (starts at $1M)
●    Attorney fees
●    Building application fees
Sellers often pay:
●    NYC & NYS transfer taxes
●    Broker commission
●    Flip tax (in co-ops or some condos)
We provide custom estimates based on your price point, financing, and building type so there are no surprises.

Don’t panic if you see a high “days on market” number. There are many reasons a property sits:
●    Unrealistic initial pricing
●    Slow board approval on a previous deal
●    Buyer fallout during financing or due diligence
●    Limited showing availability due to work-from-home or personal circumstances
●    Misleading photos masking poor condition
Ask your agent (that’s us!) to dig deeper. We can contact the listing broker and assess the context behind the listing history to help you spot an opportunity—or a red flag.

You can reach us directly via:
●    📧 [email protected]
●    📱 (917) 690‑4861
●    💻 thebolandteamnyc.com
●    📍 Based in Manhattan, serving clients from Harlem to Tribeca

Have more questions? Drop us a line at [email protected] Let’s schedule a no-pressure consultation to discuss your goals—whether you’re planning to buy, sell, or simply explore your options.