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27 West 19th Street under $1k psf

Started by somewhereelse
over 15 years ago
Posts: 7435
Member since: Oct 2009
Discussion about 27 West 19th Street #3
http://streeteasy.com/nyc/sale/498484-condo-27-west-19th-street-flatiron-new-york?email=true What do you guys think? Was watching this one for a bit, 22% decrease in asking off a 2009 price, new fancy condo probably under $1k psf. Common a little on the high side (but its 1372 square feet, and few apartments splitting a doorman), great area. I'm assuming taxes will go through the roof post abatement...
Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007

If the architect is too sloppy to put the master terlet on the floorplan, what does that say for the actual design and construction?

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Response by billshiers
over 15 years ago
Posts: 77
Member since: Aug 2007

The apartments in the building are nice, but the kitchens are small and there's no way that there are 1372 square feet of living space in those apartments.

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Response by somewhereelse
over 15 years ago
Posts: 7435
Member since: Oct 2009

agreed on the footage, but it seems to be the standard broker lie, so I'm using that scale for comparison.

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Response by spinnaker1
over 15 years ago
Posts: 1670
Member since: Jan 2008

It's clearly a steal. I recommend buying it if it will shut you up.

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Response by truthskr10
over 15 years ago
Posts: 4088
Member since: Jul 2009

This unit can't be more than 1000 sq ft, maybe 1050.
That's quite a premium to pay for your elevator, more than 25% of your space.

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Response by ab_11218
over 15 years ago
Posts: 2017
Member since: May 2009

I only counted 1050 sf. if you add the elevator, you're up to 1150 max. where did the 20% of space go???

now let's do the math 1,395,000/1050 = $1328 psf...

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Response by somewhereelse
over 15 years ago
Posts: 7435
Member since: Oct 2009

of course, if we do that to the entire market, turns out the peak psfs were actually 20% higher, too...

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Response by somewhereelse
over 15 years ago
Posts: 7435
Member since: Oct 2009

and then some of the brooklyn askings look awful wacky... well above $1k psf.

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Response by Veselka
over 15 years ago
Posts: 9
Member since: Sep 2007

the living room window looks out onto the bed bath and beyond loading dock. And since you are only on the 2nd floor, the guys on the dock can see in. The living room windows also only open on the very top. CC def high, but then again it's a small building with a gym and full time doorman.

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Response by 300_mercer
over 15 years ago
Posts: 10539
Member since: Feb 2007

Beware of 2005 onwards offering plans which inflate the sq footage!! Think it started with Trump on the west side.

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