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Update on the 12,000 Square Foot Lincoln Towers 2 Bedroom

Started by The_President
over 16 years ago
Posts: 2412
Member since: Jun 2009
Discussion about 165 West End Avenue #5R
SE has it as under contract. I guess the sellers were not lying about multiple offers? I would love to know the contract price, because on the seller's personal website, they raised the price... $1 million for cash buyers and $1.1 million for non-cash buyers. I honestly can't see this apt. selling for anywhere enar those 2 prices.
Response by The_President
over 16 years ago
Posts: 2412
Member since: Jun 2009

so bears, if the market is crashing as you say it is, then how did this place sell in under 2 months? Come on, work with me here bears...

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Response by The_President
over 16 years ago
Posts: 2412
Member since: Jun 2009

can a SE insider please tell me what the sellers for this unit paid in 2004? PLEASE, PRETTY PREETY PLEASE WITH A CHERRY ON TOP? Thanks!

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Response by smacstein
over 16 years ago
Posts: 112
Member since: Mar 2009

$800k...

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Response by smacstein
over 16 years ago
Posts: 112
Member since: Mar 2009

and the last "listed price" is just under $930k

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Response by RE_PRO
over 16 years ago
Posts: 161
Member since: May 2009

So how much do you think it went for?

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Response by The_President
over 16 years ago
Posts: 2412
Member since: Jun 2009

thanks smacstein.

As far as how much it went for, I doubt it is anywhere near the $1 million and $1.1 milion prices the selelrs have on their website.

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Response by The_President
almost 16 years ago
Posts: 2412
Member since: Jun 2009

Can any SE insiders tell me if this place ever sold? Thanks!

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Response by jimstreeteasy
almost 16 years ago
Posts: 1967
Member since: Oct 2008

It apparently never sold.

Significantly, 19R closed in Nov 2009 for 960,000

so..the prices the buyers wanted over 1mm were a joke....

what's a decent discount for being 14 floors lower?....at least say 70,000?....

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Response by The_President
almost 16 years ago
Posts: 2412
Member since: Jun 2009

I would say the differecne shoudld be closer to $100k as 19R has a river/ NJ view while 5R only has a court yard view.

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Response by positivecarry
almost 16 years ago
Posts: 704
Member since: Oct 2008

Look at the free advertising we give these clown sellers...

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

"so bears, if the market is crashing as you say it is, then how did this place sell in under 2 months? Come on, work with me here bears..."

ROTFL!

I love these old quotes... alpo, just seven months ago, claiming the market didn't crash!

I love it!

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Response by The_President
almost 16 years ago
Posts: 2412
Member since: Jun 2009

19R closed so the market is not that bad. Obvivously it had a strong advantage due to its superior view.

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Response by jimstreeteasy
almost 16 years ago
Posts: 1967
Member since: Oct 2008

9R closed at 1,375,000 in feb 2008.....yikes...so 19R went for 960, ten floors higher...30% less...adjusting say another say 75k for the floors then 9r would be 36% off if it sold for 875k

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