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New Construction Condo Purchase NYC

Hi all, I am 29 years old that has built up a nest egg of 50k in liquid assets. My father wants to gift me a down payment on a real estate venture. He has also said he would be able to pay cash and me pay him back to avoid financing. I have my eye on 610 square feet new construction condo with brilliant amenities in the perfect location for me. Asking price is 700k. The sales team advised half of the building has already been bought and all at the ask, so negotiating seems futile. Neighborhood comps seem to reveal this offering is in line in price per square feet. Through my profession (litigation compliance) I have connections to trust and estate, tax, and real estate attorneys, yet I am totally clueless and want to be prepared for some conversations that I’m setting up in the near future. What should I be asking them? What kind of research should I have at the ready when going into talks with my attorneys and CPA? And should I line up a buyer’s broker? A friend recommended me to a broker which said the seller covers his fee, which he mentioned he can split with me. Sorry if these are naive questions and many thanks for your time in reading this.

submitted by /u/phile0
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source https://www.reddit.com/r/RealEstate/comments/k4aqrk/new_construction_condo_purchase_nyc/
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