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W72 Condo

Started by jamba97
almost 16 years ago
Posts: 79
Member since: Dec 2009
Discussion about
http://streeteasy.com/nyc/sale/503734-condo-27-west-72nd-street-upper-west-side-new-york thoughts? i like the location, but think price needs to come down substantially
Response by romary
almost 16 years ago
Posts: 443
Member since: Aug 2008

nice looking, tres overpriced.

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Response by rlmnyc
almost 16 years ago
Posts: 273
Member since: May 2009

Teeny, tiny. At least 200K overpriced.

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Response by spinnaker1
almost 16 years ago
Posts: 1670
Member since: Jan 2008

The identical apartment 5 floors below closed in March for 900k, which would have given this owner some guidance on price. Other 1br's, a little larger but on lower floors, have closed recently in the mid 900's.

It's all about comps and what the market will bear so the price is completely justified.

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Response by nyc10023
almost 16 years ago
Posts: 7614
Member since: Nov 2008

I think it's an outrageous price. But that has not much bearing on what the market will pay for this kind of apt. The 70s & low 80s & 60s bet. Columbus and CPW are happy hunting grounds for pied-a-terre wealthy types. I am continually surprised when I ACRIS a closing and find that it's a second home or third home.

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Response by alanhart
almost 16 years ago
Posts: 12397
Member since: Feb 2007

How do you know from ACRIS how it'll be used, assuming the first home is out of the City? Type of mortgage?

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Response by spinnaker1
almost 16 years ago
Posts: 1670
Member since: Jan 2008

Quite amazing how some pockets of insanity are still holding steady at 1500psf.

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Response by jamba97
almost 16 years ago
Posts: 79
Member since: Dec 2009

thanks for the comments...i was kind of thinking what nyc10023 said. and yes spinnaker i agree there too. most units in the building are on the smallish size, but the prices always amaze

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Response by csn
almost 16 years ago
Posts: 450
Member since: Dec 2007

Wow, what an area. Do not like having to go through bedroom to get to bathroom.

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Response by nyc10023
almost 16 years ago
Posts: 7614
Member since: Nov 2008

Alan: yes, 2nd address, google, and intelius are my friends :)

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