A flip gone bad or..
Started by walterh7
over 17 years ago
Posts: 383
Member since: Dec 2006
Discussion about
A flip gone bad, a lost job, divorce, don't like the new neighbors??? This is what will lead the market lower. Unfortunately these folks 'caught a falling knife'. 10 W 66th #5E 09/15/2008 Previous Sale recorded for $760,000. 06/17/2009 Listed in StreetEasy by Marilyn Korn Real Estate at $765,000. http://www.streeteasy.com/nyc/sale/429552-coop-10-west-66th-street-lincoln-square-new-york?email=true
the broker should be fired:
"Renovated with elegance in mind, this apartment features an unusual 18X18' living room"
i don't understand what's so unusual about it...
"located in a perfect spot, close to the Park and the transverses to and from the east side"
transverses? they mean streets?
"So convenient for those coming in from out of town, the circular drive & the 24 Hr garage is an added convenience."
a convenient convenience?
"There is a 24 hr doorman & concierge to greet you, no matter what time you arrive."
I would hope that the 24 hr doorman would greet you no matter when you arrived!
good luck getting $765K on that one - it's a 1 bedroom -- so my guess is that bought at top of market and paid about $250K more than it's worth. it's basically a $500K apt
Vastly overpriced.
I lover brokers who can't really write attempting to do so.
So J Petermen from Seinfeld.
'Renovated with elegance in mind, this apartment features an unusual 18X18' living room of gracious space which can easily be set up as three separate areas a dining area, office space and a formal living room.'
Light summer reading at it's best. Korn delightlfully spins a tale of spacial intrigue as the reader is mystified by the fantacy world of make believe real estate pricing!
Don't want to jump the gun but I smell 'Agent Rachel Book Award'!
Nom de plume...Marilyn Korn