The Excelsior BROKER AND BUYER COMMENTS

The Excelsior: About the Building
"Land leased building, with large apartments at low prices. Slightly high maintenance. Allows foreign buyers with deep pockets."

"The building is extremely well maintained. There is a fitness center, 24-hour concierge in addition to the doormen; there are also elevator operators. The lobby has a huge chandelier and old fashioned looking furniture, but it`s bright and welcoming."

"The building has a gym, pool and outdoor sun lounging space outside the pool."

The Excelsior: About the Apartments
"Many apartments have excellent views, renovated kitchens, nice hardwood floors and good closet space."

"Most of the apartments are in good condition, many in mint condition and some in need of updates. The apartments on the higher floors have stunning views. Some of the East River and Central Park."

The Excelsior: About the Neighborhood
"Great neighborhood for people who like to walk to work in midtown or who want to be close to the subway. The 4, 5, 6, N and R subways are just a couple of blocks away. Great restaurants and close to Bloomingdales, Home Depot and Gristides."

"The 6 train is located at 59th Street and Lexington Avenue. The cross-town bus is on 57th Street. Bloomingdales is close by as well as the Food Emporium near the 59th Street Bridge. Mr. Chow`s (gourmet Chinese food) is nearby. As well as other high-rated restaurants. Movie theatres, Bed Bath and Beyond and Equinox gym are nearby also."

The Excelsior: About the Board
"They do require a board interview but they are not very tough. They like people who are serious about their career and hard working which is not hard to find in NYC. The managing agent is great on email and will always get back to you. Board takes about a month to schedule the interview date though, but the very next day, they will give their answer. The maintenance fees are a little high as the building is extremely well maintained."

"Very tough board. They require 50% down. Buyer must have 100% of the purchase price in liquid after purchase. Guarantor`s are allowed. Sublets are allowed."



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