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$600k 1bed reduction probability

Started by Buyingnow
over 17 years ago
Posts: 67
Member since: Apr 2009
Discussion about
Saw a nice 1 bed coop and the price is around 2004 range (down from $800k asking which they didnt reduce but considering my offer). The listing is well not listed. I am dealing through the owner. He is not in hurry to sell either. I admit, I seem something similar for around $400-500k but the street and building is much nicer. What do you think? Still long was to go down?
Response by OTNYC
over 17 years ago
Posts: 547
Member since: Feb 2009

Not enough info to give intelligent response. Could be anywhere between deal of the century and "sucker".

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Response by GraffitiGrammarian
over 17 years ago
Posts: 687
Member since: Jul 2008

Yes, post more info pls Buyingnow.

How long has the seller had it on the market? What's the maintenance? Which neighborhood? How many sf?

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Response by Buyingnow
over 17 years ago
Posts: 67
Member since: Apr 2009

Here are some information. It's about 500-550sqf. $600 maintenance, in west village. The seller had on the market for about 2 months.

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Response by Buyingnow
over 17 years ago
Posts: 67
Member since: Apr 2009

Any thoughts please?

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Response by aboutready
over 17 years ago
Posts: 16354
Member since: Oct 2007

I'm a big naysayer, so you must take that into consideration. But that sounds horrible. The West Village location adds value, but around $1500 psf (asking) for what is essentially an oversized studio seems awfully rich to me.

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Response by West34
over 17 years ago
Posts: 1040
Member since: Mar 2009

Change your ID to: Buyingnow18monthsfromnow

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