New York City
Washington DC Metro
Northern New Jersey
open house planner
manhattan condo market index
submit your listings
Benefits of FREE account
Become an Insider
post your listings
Pics aren't up on SE yet.
Cute apartment but mon dieu,it's even small for Tokyo
I don't think it's 200 sq ft
Open House may want to adopt hospital rules. "2 at a time please."
Where would one put one's clothes, in the (tiny) bathtub??
I still think some idiot will pay $250K. Listing price, of course is ridiculous.
Cheapest apt for rent in West Village is $1700. Going to go up 5% a year too, there's no more land.
Here you have a $300 maintenance and $800 to borrow $325K at 3%, leaves you at $1100 a month. Add in tax benefit at 35%, you're down to $700. Apt appreciates by 3% a year, giving you the $700 back.
You'd be an idiot not to live there.
If you think about it as the size of a hotel room and use it for a pied a terre, its not that unbearable. And I could see some trendoid who "only comes home to sleep" trading space for proximity to the Meatpacking District (fka the Meat Market but that's when it was a working market not a playground) although I don't know where they could possibly store the wardrobe (clothes and shoes) necessary to maintain that lifestyle especially if one needed a totally different look for the day job that financed it.
For a pied a terre, Nada is dead on.
For $1100 a month, one has a kitchen, a bathroom and a bed in manhattan, the west village no less.
Really can't beat that.