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Super sweet price chop - did anyone see this sale in FiDi for $420 per sq ft?

Started by Downtownster
over 16 years ago
Posts: 140
Member since: Mar 2009
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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007

I can't recall which Hanover Sq. building it was, but I remember a lovely 2/2 listed for $500k in 1999 or 2000.

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Response by Trompiloco
over 16 years ago
Posts: 585
Member since: Jul 2008

The sale is remarkable because it's for 45% of the OLP, but the place is nowhere near 850 sqft, it's more like 550. The loft is listed at 20x13 but that's a joke. Still, it's not uninteresting. The sole idea that at some point in time, somewhere, someone thought there would be a sucker paying 750K for it makes my head spin.

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Response by evnyc
over 16 years ago
Posts: 1844
Member since: Aug 2008

Fascinating. Not a bad space, although the pictures seem to be of two different apartments? Can you stand up in the loft?

That price history is a snapshot of the housing bubble. Or would be, if we had the seller's original purchase price to compare with.

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Response by squarefoot
over 16 years ago
Posts: 49
Member since: Oct 2008

check out the number of windows in the photo and the number in the floor plan, something fishy going on.

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Response by divvie
over 16 years ago
Posts: 456
Member since: Mar 2007

I agree Tromp.
The loft space is equivalent to the sum of the kitchen area, dining area and bathroom which yields in total just over 500sf assuming a 5X6 bathroom. Add about 30sf for irregular space probably not included in dining room dimensions and you get your 550.

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Response by brodie
over 16 years ago
Posts: 64
Member since: Jan 2008

Re: 860 square feet. There's a difference between exaggerating and lying. Calling this studio 860 Sq. ft. is lying. I've never seen such an outrageous case.

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