Due Diligence. Where You Can Get Your "D.D." on for NYC Real Estate, for Free.
January 18, 2016
As we've long ago and without question officially entered the information age, one of the more exciting aspects of looking for an apartment in New York City rests with potential home buyers' ability to look-up a wide array of facts and information.
Want to know what year the building you're considering buying in was constructed? Check out the New York City Landmarks Preservation Commission. Enter the building's address, and you'll get a wealth of information, including but not limited to: the year of contstruction, the square footage for the lot, the total square footage for the actual building, as well as the building's land use requirements and zoning classification.
Want to find out whether the townhouse, brownstone, or building that you're living in, or considering purchasing has any outstanding city violations? Take a gander over to the New York City Department of Buildings. While there, you can also check up on the house's or building's certificate(s) of occupancy.
Investigating the presence or absence of a certificate of occupancy can be especially helpful when considering multi-family homes. Some properties will be advertised as two-family homes, but will not have a certificate of occupancy for the second apartment, despite what the listing promises.
Lastly, while StreetEasy can be a great tool for gaining information regarding prior sales within a building, the New York City Department of Finance provides an Automated City Register Information System ("ACRIS") that allows you to verify any figures that you find on StreetEasy, or alternatively, perform more extensive research on your own. Like the Department of Building's as well as the the NYC Landmarks Preservation Commission's services, ACRIS allows users to access its database for free.
As always, feel free to drop us a line if you've got any questions about these services, about selling your home, about your search for a home, or about New York City real estate in general.