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Sale at 880 Fifth Avenue #4A

Started by Joebuyer
almost 16 years ago
Posts: 1
Member since: Apr 2010
Discussion about 880 Fifth Avenue #4A
Does anyone have any idea why this has been lying on the market so long? Is it because of its eastern exposure?
Response by West81st
almost 16 years ago
Posts: 5564
Member since: Jan 2008

Simplest explanation is usually the best: it's overpriced. Large premium over 2005 acquisition basis (even after the latest reduction) supports this theory.

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