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Home Real Estate

On the Upper East Side, Was $800,000 Enough for a Dog-Friendly Two-Bedroom?

Solega Team by Solega Team
October 24, 2024
in Real Estate
Reading Time: 3 mins read
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On the Upper East Side, Was $800,000 Enough for a Dog-Friendly Two-Bedroom?
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A job switch of types introduced Katie Muela and Arsy Khodabandelou to New York from Maryland a couple of years in the past.

Ms. Muela was working as a nanny for a household that was relocating to the town from the Washington, D.C., space, so she and Mr. Khodabandelou took it “as a chance to maneuver to New York for enjoyable,” she stated.

That was simply earlier than Covid shut down the town. Disillusioned, the couple retreated to Maryland after a yr. However after the pandemic, they have been desperate to return, and landed in a one-bedroom on the Higher East Facet for round $2,600 a month.

[Did you recently buy a home? We want to hear from you. Email: thehunt@nytimes.com]

They fell in love with their bustling Yorkville neighborhood. “We acquired to know our neighbors and see them on the canine park day by day,” stated Ms. Muela, 33.

Sooner or later, the 2 went climbing at Bear Mountain, about an hour and a half north. Mr. Khodabandelou, who works in software program gross sales, discovered himself worrying about their canine, who have been house alone. Family and friends have been again in Maryland. It gave him the concept to rent a software program engineer and create a pet-rescue app, Woof, which notifies emergency contacts if pets are left alone longer than anticipated.

The nascent enterprise landed Mr. Khodabandelou, 35, on the TV present “Shark Tank” in 2023, although it didn’t land him a deal. However, he stated, “It was the good expertise of my life.”

In the meantime, the couple, who will marry subsequent month, have been outgrowing their small residence. Within the basement laundry room, the machines have been usually damaged. And so they had little counter house, making it troublesome to prepare dinner and host friends.

“We didn’t have wherever to sit down,” stated Ms. Muela, who now works as a court docket reporter. “We ate on our sofa. Why, at this age and stage of us wanting to start out our future, would we not buy?”

A few of Mr. Khodabandelou’s previous mates have been having youngsters and shopping for homes. “So it was behind my thoughts,” he stated. “Do I need to be in New York or return to Maryland and purchase a home?”

The couple determined to stay round and get an residence — dog-friendly, in fact — close to their rental, on the far Higher East Facet. They aimed for a two-bedroom or a big one-bedroom, and rapidly realized that they’d have to regulate their funds.

“We thought $500,000 was our max, however we couldn’t get something for $500,000,” Mr. Khodabandelou stated. “We saved elevating our value.” It ended up at $800,000.

On-line final winter, they discovered Annette Mulligan, then a licensed salesperson at Keller Williams NYC and now on the Corcoran Group, who defined the distinction between co-ops and condominiums and famous that canine insurance policies differ amongst buildings.

“I’m not a choosy individual,” Mr. Khodabandelou stated. “I fell in love with each single place that we noticed.” However these locations usually bought rapidly.

Ms. Muela was extra explicit. “I positively was a brat at first,” she stated. “I wished two bedrooms, a washer-dryer and outside house.”

As time handed, she lowered her expectations. Amongst their choices:

Discover out what occurred subsequent by answering these two questions:



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