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105 W. 73rd

Started by jamba97
over 15 years ago
Posts: 79
Member since: Dec 2009
Discussion about
Response by PMG
over 15 years ago
Posts: 1322
Member since: Jan 2008

Aside from being on the ground floor and it being a co-op, there is nothing wrong with the place.

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Response by nprr
over 15 years ago
Posts: 18
Member since: Sep 2009

high maintenance?

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Response by jamba97
over 15 years ago
Posts: 79
Member since: Dec 2009

i was thinking just maintenance, but i missed ground floor...thats got to be it

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Response by skting
over 15 years ago
Posts: 12
Member since: Mar 2010

What are the disadvantages of having a ground floor apartment?? Any ideas?

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Response by bob420
over 15 years ago
Posts: 581
Member since: Apr 2009

This one is street facing as well.

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Response by ChrisT
over 15 years ago
Posts: 91
Member since: Apr 2009

395 days on the market. There must be a reason other than ground floor.

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Response by falcogold1
over 15 years ago
Posts: 4159
Member since: Sep 2008

If this climate change thing turns out to be true the ground floor apts. flood first.

The city will be beautiful when it resembles a lineiar Venice. Gondolas to the theather...Tubing around Manhattan like a lazy river...It's gonna be all the best parts of Katrina plus we get to bus all the low income New Yorkers to Houston Texas. Thanks Texas, you're the best!

Happy boating!

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Response by NWT
over 15 years ago
Posts: 6643
Member since: Sep 2008

It's really a one-bedroom. That wall between 10' LR and 7' DR is new. The street's OK (I lived upstairs there in the late '70s) but no little garden between the windows and sidewalk, so you'll need bottom-up blinds.

IIRC it went co-op in the 1980's boom, so might've been saddled with a big mortgage by the sponsor. That could contribute to the high maintenance. Or shares could've been allocated as if it was an office, as it's listed as live-work.

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Response by janejoey
over 15 years ago
Posts: 93
Member since: Nov 2010

Maybe they are tired of waiting for it to sell?
They were asking $549,000 in 02/2010

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Response by NWT
over 15 years ago
Posts: 6643
Member since: Sep 2008

The 38 apartments are carrying an underlying mortgage of about $2,200,000. Just before it went co-op in 1989, the sponsor borrowed $1,000,000+ against it, which mortgage the co-op inherited, then took $250,000 of the purchase price in another mortgage. The co-op has borrowed another $1,000,000 in the 20 years since. Hence the $1,400 maintenance for a first-floor one-bedroom in a non-doorman building.

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Response by lola18
over 15 years ago
Posts: 12
Member since: Aug 2010

This apartment is now in contract, and I'm regretting not making an offer... The location and building seem ideal.

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