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Healthy profit since late 04: Sale at 210 East 47th Street #11C

Started by Cailey
over 17 years ago
Posts: 1
Member since: Jun 2009
Discussion about
12/21/2004Previous Sale recorded for $542,000. 05/07/2009Listed in StreetEasy by Prudential Elliman at $769,000. 05/16/2009Price decreased by 6% to $725,000. 06/08/2009Price decreased by 4% to $699,000.
Response by evnyc
over 17 years ago
Posts: 1844
Member since: Aug 2008

And we may see it at $542k again in the very near future. Profits are not realized until the sale closes. Ask away!

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Response by Trompiloco
over 17 years ago
Posts: 585
Member since: Jul 2008

Cailey, what is your point? I could find listings that, according to their asking prices, are shooting for a healthy profit since late 07. But we won't know until they manage to be sold. Please, try to think before you post.

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Response by sidelinesitter
over 17 years ago
Posts: 1596
Member since: Mar 2009

Second Tromp's recommendation.

The price cuts are interesting (I lie, they aren't even that) but seller is still asking above the last pre-Lehman comp in the C line: 07/22/2008 #7C $675,000

My advice - don't stand under this one lest you get crushed as it falls.

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