Printed from at 05:24 PM, Jan 18 2017
Talk » Sales » Discussing 'Really really hot'

Really really hot


Was going through some closing data today and ran across two which were fairly surprising to me (maybe I'm just a fool).

150 Columbus Ave. Nice views of Lincoln Center but $4k in mtc and $2,000/sq ft?

325 WEA- 9C 1,800 sq ft classic 6. Not yet closed but in contract w/an ask of $2.8mm

This market is white hot.

As much as I liked 325 WEA apartment, it needed everything and there was no way to expand the tiny, divided master bath. Considering the likely cost and hassle of renovating, $2.3-2.5MM seemed more reasonable; but it went fast, and I don't think they had to come very far off the asking price.


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