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Sale at 112 Franklin Street #4

Started by NYC10013
over 16 years ago
Posts: 464
Member since: Jan 2007
Discussion about 112 Franklin Street #4
Sold for $2,212,500 in May 2007. Going to be interesting to see what it goes for now. $1.5-1.6mm?
Response by NYC10013
about 16 years ago
Posts: 464
Member since: Jan 2007

Great example of why real estate is a wonderful investment. Best case if they sell for asking (which they won't get in 20 years) they're out $404K between closing costs (3%), broker fees (6%) and decline in value since May 2007.

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