10/14/2026
Most buyers look only at the views and the square footage. Fully informed buyers look at things that will cost money in the future.
1️⃣ The flood zone. Hurricane Sandy in 2012 was a lesson New York shouldn’t forget. Check whether the property is in a flood zone, and ask where the building’s mechanicals are. Boilers and electrical systems in the basement are far more exposed than ones on the roof which can cost a home-owner $10,000+ in the future.
2️⃣ Water stains. Look up at the ceiling. Look under the sinks. If it originates in your unit and damages other apartments below you, a water leak could cost you $5,000 - $100,000.
3️⃣ Electrical Panel. If you see Federal Pacific, you know it needs to be replaced, especially in pre-war buildings. That’s $8,000 - $10,000.
4️⃣ Air Conditioner. Central air, ductless split systems, through-wall units, and PTACs all perform differently. Depending on the system and the apartment, your summer electric bill can be $50 or $500 per month.
5️⃣ Landmark status. If the building or the neighborhood is landmarked, new construction is much harder, so future supply stays limited and your view is better protected. Good supply and demand dynamics is the difference between your home increasing in value from $100,000 to $1,000,000.
This is just a few examples of how we help our clients using our TOP 10% METHOD™ that leads them to success.
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