Who can beat this ridiculous listing ?
Started by hofo
almost 16 years ago
Posts: 453
Member since: Sep 2008
Discussion about
http://streeteasy.com/nyc/sale/543992-condo-301-east-79th-street-yorkville-new-york Is pricey even for a 1 BR but $1,500 a sq ft for a tiny studio? Is there no shame for the broker to even list this?
HAHAHAHA! In beautiful Germantown, too!
Nope. No shame at all! It's priced higher than similar-floor 1-bedrooms, not to mention being a snapshot of the housing bubble, considering that it closed for $218,223. In 2006. The ask is, what, nearly triple what they paid four short years ago? Seller ought to be ashamed too.
That 06 closing was from two owners to one, so I'm assuming it was a buyout and not an actual "sale".
Regardless, it's overpriced.
For comparison...
http://streeteasy.com/nyc/sale/545809-coop-333-east-79th-street-yorkville-new-york
Even if that was a buy out price, that would mean the seller is asking for a 50% return in 4 years. Only Bernie Madoff can produce that type of reliable return.
"Is there no shame for the broker to even list this?"
Doesn't the broker work for the seller?
Personally, I think the price is nuts, and that place would never hit my SE search. But, the broker is just doing his/her job. The seller can list at whatver price they want, can't they? I mean, assuming this is a free market.
Sure. And if someone is willing to pay, then lucky seller. Maybe it's a bellwhether... (Doubt it, but hey, someone has to be optimistic on SE...)
*bellwether
New comparison.. the one under it: http://streeteasy.com/nyc/sale/553934-condo-301-east-79th-street-yorkville-new-york
130k less
But that one doesn't have "INCREDIBLY HIGH END RENOVATION THAT YOU RARELY FIND IN THIS PRICE RANGE."
Yeah, you rarely find it in this price range because it's a WASTE of money and will never be recouped.
Is anyone else bothered when listings don't just sounds cheerleader-ish, but you feel like you're being shouted at when reading it? And all you can picture is a used car salesman?
Definitely. I think this listing is way more ridiculous. 1 bedroom, over $5,000,000.
http://streeteasy.com/nyc/sale/232423-condo-1-central-park-south-central-park-south-new-york
I've seen that flat before - it's JuiceMan's.
5gs a foot when they bought. Woof.
Steve, the only way you are seeing my apartment is if you babysit
whats wrong with germantown?