71 Murray Street #10 sold for $75,000?

not arms-length transaction. look at the parties involved.

Yes but what about re-sell value to other apts in building? I'm surprised the building allowed it.

doesn't count.

Wow. People in condos can do anything they want. From my perspective, coming from a-(middle?)finger-in-every-stinkin-pie co-op board building, it seems like the land of the free.

It makes absolutely no difference, since it's not an arm's length transaction. If people decide to transfer a deed for any reason (usually tax or estate planning, but could be divorce/marriage, etc), it doesn't affect the market value of the property.