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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
Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

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....

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