Realistic vs. delusional: biggest difference between same-line apartments

Links?

Oh, please, Steve. You just put 444 E 86 in the address bar and you'll have all the info you crave and more.

What was their thinking? - To 6Fs 700k, we'll add $50,000 for the views/higher floor and $500,000 for the stunning marble floors in the living room to get to the $1,250,000. Makes perfect sense??? - Let's be realistic, how much will it cost a buyer to rip out the tacky marble and restore the floors? Unless they can sell it to Donald Trump. A little bit of Trump Tower style on a York avenue 2x4. You can't go wrong.

"That's 78.6% above 6F"

if the lobby doesn't have an exceptionally high ceiling, 6F is 82% below 33F. ;).

It's pretty interesting though, because the peak comps (meaning apartments that ACTUALLY SOLD) for the F line in this building are in the neighborhood of 1.1 M, and one of them, 9 F, wasn't even in a high floor. So you can argue that 6 F is now ASKING 40% below peak. So there goes the theory that you'd only see 15-25% reductions in the under 1M market.

"you'd only see 15-25% reductions in the under 1M market."

that mkt will see the worst reductions in terms of % drops imho

I don't think so. This F line is not really a true 2 bed, it's a junior 4 with an extra bath.

So if 33F is going for $1.25MM, 36F at $995K is a steal. No marble floor though....and its a shame everyone took spectacular 1br jr 4s and made dime a dozen imitation 2brs.

Marble-floor abatement isn't really very expensive. You can cover it with linoleum and have a great improvement for less than $1K -- probably adding $10K or more to the value of the apartment.

I can't decide which is worse - marble floors or linoleum floors - both a very stuck in the 80's. I'm strictly a hard wood girl.