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Sale at 225 Central Park West #1218

Started by uwsnyc
over 16 years ago
Posts: 2
Member since: Feb 2009
Does anyone know why the maintenace is so high?
Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

It's a combo of five studios, or maybe four studios and a one-bedroom. Maintenance on a studio at the Alden is $600-$700, so you see how it adds up. Many years ago the maintenance was 61% deductible, so CPW taxes and/or big underlying mortgage.

All that's OK, of course, if the price is.

Problem with this place is the small rooms. It's really a two-bedroom, one of which is bedroom/dressing-room/two-bath suite.

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