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$2.4 in 2010 - $4m now????

Started by Village
almost 14 years ago
Posts: 240
Member since: Dec 2008
Discussion about
Why would pay this: http://streeteasy.com/nyc/sale/669693-condo-8-west-19th-street-flatiron-new-york - especially for a 2nd floor apt on a noisy strecth of 5th Ave
Response by dealboy
almost 14 years ago
Posts: 528
Member since: Jan 2011

Stop poking your nose into wealthy people's affairs, dirty renter. This is business for others. Buyers can make an easy million bucks with a flick of the wrist. This is how it works. This is not for you. You, dumb renter, will make $0. 100% of the time.

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Response by FreebirdNYC
almost 14 years ago
Posts: 337
Member since: Jun 2007

<$1k / sq foot in prime neighborhood, windows on both side, true loft? Not crazy. Will be interesting to see where this unfinished trades vs. the same footprint one floor up finished. I do think the deli right below your window is a negative.

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Response by FreebirdNYC
almost 14 years ago
Posts: 337
Member since: Jun 2007

My bet is somebody buys 2 and 3 and combines to 8k sq foot.

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Response by 10014
almost 14 years ago
Posts: 7
Member since: Jun 2011

John and Fredrik ridiculously over price all their resale listings.

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Response by somewhereelse
almost 14 years ago
Posts: 7435
Member since: Oct 2009

It is the idiot from Million Dollar Listing. The $500k cut (already) is pretty telling.

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Response by 300_mercer
almost 14 years ago
Posts: 10723
Member since: Feb 2007

Think $3.0-3.5mm is more appropriate as it will take $1.2mm to finish.

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Response by Village
almost 14 years ago
Posts: 240
Member since: Dec 2008

I think it will trade where it traded last time - $2.4m.

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Response by 300_mercer
almost 14 years ago
Posts: 10723
Member since: Feb 2007

village, Prices in village and this area are up significantly since 2010. Just look at 130 W 12th condo sales. Also, 2nd floor for a loft building is really equivalent to 3rd floor in normal residential buildings as the first floor typically has 18-20 foot ceilings. I say min $3mm.

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Response by familyguy
almost 14 years ago
Posts: 167
Member since: Apr 2009

I would assume it's because the previous buyer got the C of O changed to residential.

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Response by mutombonyc
almost 14 years ago
Posts: 2468
Member since: Dec 2008

Now is the time to buy!
Buy now, or be priced out forever!
There hasn't been a better time to buy then now; interest rates are at an all-time low!

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Response by JButton
almost 14 years ago
Posts: 447
Member since: Sep 2011

300 mercer pull up a map, this is not village. try flatiron.

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Response by JButton
almost 14 years ago
Posts: 447
Member since: Sep 2011

300 mercer pull up a map, this is not village. try flatiron.

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Response by JButton
almost 14 years ago
Posts: 447
Member since: Sep 2011

and prices in flatiron are up but not nearly as much as in the village.

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Response by JButton
almost 14 years ago
Posts: 447
Member since: Sep 2011

and prices in flatiron are up but not nearly as much as in the village.

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Response by 300_mercer
almost 14 years ago
Posts: 10723
Member since: Feb 2007

Family guy, good point about commercial c of o. Who knows if it has been changed to residential?

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Response by w67thstreet
almost 14 years ago
Posts: 9003
Member since: Dec 2008

Bet my $2mm in sprint shares outperforms this pos la la la land listing. No matter the holding period.
Flmaozzz

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