105 W. 73rd
Started by jamba97
over 15 years ago
Posts: 79
Member since: Dec 2009
Discussion about
what's wrong with this place? http://streeteasy.com/nyc/sale/473665-coop-105-west-73rd-street-upper-west-side-new-york
Aside from being on the ground floor and it being a co-op, there is nothing wrong with the place.
high maintenance?
i was thinking just maintenance, but i missed ground floor...thats got to be it
What are the disadvantages of having a ground floor apartment?? Any ideas?
This one is street facing as well.
395 days on the market. There must be a reason other than ground floor.
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!
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.
Maybe they are tired of waiting for it to sell?
They were asking $549,000 in 02/2010
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.
This apartment is now in contract, and I'm regretting not making an offer... The location and building seem ideal.