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I give this one about 2 weeks on the market. Seems pretty underpriced. Is there a catch?
Really? It sold at the peak of the market, for a lower price. 4th floor 2br sold for under 1m last year. Has the market improved that much?
Feels like prime UWS location, elevator building 2 BR in decent condition with some natural light is rarely available below $1.5m. Tight subsegment of the market...
Small-ish rooms. No dining room. No laundry. Tight kitchen.
A few doors down from an unattractive postwar middle school with hordes of noisy tweenagers, and directly across the street from an unattractive postwar elementary school with gaggles of noisy children. Pass.
Much to learn young Jedi. Freebird yee is called. The Jedi middle finger free bird you shall receive.
Yes, on an interest rate move from 7% to 3% that 2b/2b should trade at $2mm.the seller is leaving much coin on table. They should fire Borker and seek one that will list at a higher price. Under priced the unit is. Underpriced. Town brokerage. They will price it at $2.5mm to give you wiggle room.
And next door to bldgs owned by non-profit housing types. I wouldn't call it prime, but non non-prime. I get uneasy with the idea of paying over 1m for a non-view 4 room apt in a non-prestige bldg.
This faces the back which would probably be quiet as opposed to facing the front of the building with a playgound across the street. I don't think it's a steal, but will most likely do well at this point as an ask price. I say $999,000 for sale price to beat the mansion tax. It could be lower. Who knows?
Who knows! Sprint SoftBank can be bought by yahoo! And then yahoo can be bought by apple to compete against google!
Or the CEOs of apple, google and yahoo can sleep with one hot chick and bear one child to rule them all!!!!
Fk a me. $999k or $800k would not be feasible except for the 3% 30 yr mortgage.
Jumbo loans are rather scarce these days. Someone would have to plunk down over 45% at this price to achieve a conforming loan principal balance. And then fulfill coop reserve requirements. I've been wondering how this middle segment of the market is doing, the coop appealing to the not-quite-wealthy needing a mortgage, say in the 1-2 million range.
I'm standing by it as a quick sale. I think that's a great block (schools / playgrounds right there notwithstanding) and think the view looks decent (I've seen plenty at this price point that are straight brick wall).
Hopefully I'm wrong (currently a happy renter, but when I make my next move in 3-4 years would be great to see a much cheaper UWS real estate picture).
But the "free bird" thing was clever.
3 week price target on a illiquid 30 yr prepayment option.
M'okay. Get the fk out of the Jedi cult. Ya fking moron
There were a gazillion people at the open house.. to the point where the elevator got stuck carrying people to and from the apartment (note that the elevator had a one-page disclaimer noting to the building residents and guests that the elevator had gotten stuck before and gave instructions on what to do).
Once in the apartment, it was very clear that this was a 800 square foot one bedroom converted to a 2 bedroom, with a very tiny bathroom added to make it a 2BR. As for the washer/dryer "with board approval", unless you want to get rid of the dining alcove, there was no practical place to put it.
Overall, very depressing that this is what $1.2 million gets you on the UWS these days.