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Sale at 140 East 83rd Street #12E

Started by peanut
about 16 years ago
Posts: 59
Member since: May 2009
Discussion about 140 East 83rd Street #12E
Thoughts on the pricing here?
Response by NWT
about 16 years ago
Posts: 6643
Member since: Sep 2008

The only recent E-line sale in the building was for $1,299,000 in 2006.

It really is a good convertible three-bedroom, and so hard to find good comps. After adding a wall of closets or wardrobes to the dining room, you'd have a 12'x16' real bedroom with good access to the second bath, and a couple of good dining areas remaining.

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Response by Rhino86
about 16 years ago
Posts: 4925
Member since: Sep 2006

Its an attractive place given the school district, condition and layout. Also the maintenance is not high. Still, we know the market is lower than 2006. That said, we dont know much about that apartment vs this one. Its not a 6 room, its a 5 room, so that is kind of annoying. Can certainly make an offer in the $1.2s.

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Response by Rhino86
about 16 years ago
Posts: 4925
Member since: Sep 2006

Sorry, they admit its a 5....I got crossed up by the PS 6 mention. $1.2-something would still be okay, but something about where we are in the calendar and where the stock market is trading would tell me this seller would not come down to the $1.2s yet.

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Response by peanut
about 16 years ago
Posts: 59
Member since: May 2009

I saw it and it needs a new kitchen and bathrooms as well. They need to come down

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Response by LonelyWolf
about 16 years ago
Posts: 8
Member since: Dec 2009

any idea where the contract happened? did the seller go down to 1.2?

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