Sale at 75 East End Avenue #12L

There are 5...5! comps for sale in the building right now. I think they are all way over priced compared to the listing at 80 East end that is comparable, but with much lower maintenance (that 3rd bedroom right on EEA is kind of brutal though and the kitchen is the "achilles heal" according to the broker). With the 5 at 75EEA and 2E at 80EEA, combined with the 2 similar listings at 401 east 77, I just don't see any of these going before significant (20%) price reductions. 6C at 501 East 79th is comparable to the apts at 75EEA and was priced at 950K and entered into contract within 3 weeks.

Very much agreed. Not sure what the selling point is that makes these apartments more expensive (though I note that there's a gym in the building, but that doesn't justify the price difference). Isn't 401 East 77th a rental building?

sorry, 400 east 77th...

The apartment at 80 EEA is kind of weird. It's like they started reno work and just ran out of money. I personally would love an apartment that is almost done, with only the kitchen remaining, because I have very definite ideas about what I'd like my kitchen to be. Most people, though, not so much.

But, in 2000, that 3 bedroom line was CHEAP. I don't know why, but 80 EEA traditionally traded like a distressed (or totally unwanted) building. The unloved stepchild of EEA.

Isn't 75 EEA the one that is a huge eyesore from the outside? I'm not a snob, but that would be hard to come home to every day.

I think you're talking about the building across the street from 75 EEA - the one with the old rusted out balconies. Yes, would definitely have a hard time coming home to that.

Surprised how quickly this one entered contract:
http://www.streeteasy.com/nyc/sale/399478-coop-501-east-79th-st-yorkville-new-york

Did anyone see it?