What are they thinking?
Started by lo888
over 17 years ago
Posts: 566
Member since: Jul 2008
Discussion about
Nice apartment but $2,212 per SF?! http://www.streeteasy.com/nyc/sale/407542-condo-240-park-avenue-south-flatiron-new-york OK, now this one is only $640 per SF but is delivered as white box and the maintenance is only $9,575 per month… http://www.streeteasy.com/nyc/sale/350708-coop-180-east-79th-street-upper-side-new-york
Neat flip:
240 PARK AVENUE SOUTH, 9A Manhattan 4/1/2008 $2,814,952
Now $3.5 million, for a mere 25% profit in just over a year, during a time when prices have fallen 30% in a year.
Hmm. Chances are....