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When 2 apts in 1 brownstone go on the market at once...?

Started by Sandimous
over 16 years ago
Posts: 6
Member since: Oct 2009
Discussion about
I'm putting my top (4th) floor brownstone apartment on the market. The bottom floor apt owner is planning on putting his on too (has a yard). We were both planning to start trying to sell in a few weeks. The apts are the same size. Both our plans for selling have nothing to do with the building, which is in fine shape, and a nice place to live - but will it look like there is a problem and will people avoid our building? Will both being on the market at the same time drive down the value of both? The brownstone is in Park Slope and has 8 units. Any thoughts?
Response by Fluter
over 16 years ago
Posts: 372
Member since: Apr 2009

I would like to broaden this query. I've seen a couple of instances lately of the exact same phenom in non-brownstone buildings.

One chap puts his on the market, then the guy down the hall does the same. Identical layout in this case. One has a recent low-end renovation, the other has older renovation in good shape.

In one similar instance I know of, the sellers of one unit took theirs off the market for awhile.

{Manhattan real estate agent.}

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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9897
Member since: Mar 2009

Take a look at the history of 35 West 84th St.

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