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Sale at 115 Central Park West #17L

Started by AnonymousUser
over 15 years ago
Posts: 150
Member since: Mar 2010
This is a charming little one bedroom. Wonder why it's only 700k, given that it's in such a big-name place?
Response by front_porch
over 15 years ago
Posts: 5325
Member since: Mar 2008

Not the easiest board + 50% down is going to deter some people.

ali r.
DG Neary Realty

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Response by AnonymousUser
over 15 years ago
Posts: 150
Member since: Mar 2010

Are they as bad as others? I've read (but can't verify) that they require your net worth to be 3 times that of the apartment cost. Certainly can't be as bad as fifth avenue!!

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Response by NYCMatt
over 15 years ago
Posts: 7523
Member since: May 2009

"Wonder why it's only 700k, given that it's in such a big-name place?"

Probably because in the middle of the night if you have to visit the loo, you have to cut through the living room, past the kitchen, down the loooooooong hallway to the front door, and hook a right through a walk-in closet.

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Response by NYCMatt
over 15 years ago
Posts: 7523
Member since: May 2009

Oh yeah, and the fact that the bedroom has no closet.

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Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007

BFD ... get a chamberpot, put some pegs on the wall.

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Response by AnonymousUser
over 15 years ago
Posts: 150
Member since: Mar 2010

True, it has a lot of wasted hallway space too. Certainly could be worse though ahd the price is almost unheard of in that area.

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

solid layout, love the dressing room off the bath. Is this really cheap? 1brs are not my area of expertise. This close to the park is a win.

700K is considered cheap for a 1 bedroom?
Housing costs are, in the words of Eddy Antar...."INSANE"

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Response by AnonymousUser
over 15 years ago
Posts: 150
Member since: Mar 2010

Seems cheap for CPW. Yes in and of itself, that is a staggering amount of money that should buy you a mansion and several acres. Not sure what's crazier - the asking prices or the WILLINGNESS to pay them!!

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

It was built as a nice-sized straight studio, with the tiny bedroom walled off later.

No comp for it in the building, as the L line gets smaller as you go up.

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Response by w67thstreet
over 15 years ago
Posts: 9003
Member since: Dec 2008

I can buy 1000 camels for $700k us, fk the $1mm studio. Hahahjajajaaaaaaaaaaaaaaaa

Omfg, get the fk out bf itz $300psf...... FLMAOzzzzz. Putting up a dry wall, iz that like when a b cup girl buys a ddd push up bra and viola! So so pretty.

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

Sure, you but the 1000 camels but, where the heck do you put them?
They're not going to fit in that studio unless it's Wendsday. (hump day) Actually, since last night was the 14th, it was hump day for little falco.

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Response by w67thstreet
over 15 years ago
Posts: 9003
Member since: Dec 2008

Here to a great hump day for little Falco. Me, too tired yesterday. But a preemptive one Saturday :)

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Response by huntersburg
over 15 years ago
Posts: 11329
Member since: Nov 2010

Was that to celebrate her 20% bump in pay?

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Response by happyrenter
over 15 years ago
Posts: 2790
Member since: Oct 2008

it's barely a one bedroom--really a glorified studio with a foyer. that huge gallery/hallway is absurd for a one bedroom. the layout is beyond awkward. the price doesn't surprise me.

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Response by AnonymousUser
over 15 years ago
Posts: 150
Member since: Mar 2010

i was thinking the "catch" was some undisclosed ailment, like mold or water damage. bedroom is only 9 ft wide though, which does say former studio, now walled-off. from its appearance though it's nice; however, i'd redo the floors....

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Response by AnonymousUser
almost 15 years ago
Posts: 150
Member since: Mar 2010

Interesting that this sold for the asking price off 700K. Also, saw it listed on tenant.com for rent. It's been completely redone with brand new floors and looks much better than the original sales listing. It's asking only $1,650/month, which seems really low.

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Response by Fairway
almost 15 years ago
Posts: 156
Member since: Feb 2011

That has to be a fake listing ($1650). Absolutely no way.

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Response by AnonymousUser
almost 15 years ago
Posts: 150
Member since: Mar 2010

I also did a double take. Doesn't make sense at all.... :-/

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Response by Bill7284
almost 15 years ago
Posts: 631
Member since: Feb 2009

For 700K they get a studio with a wall and no bedroom closet. Add to that somewhat of a view. What pushed this through was the address which still weighs heavily with certain buyers. I'm sure the buyer is happy although I don't find it a bargain.

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Response by NYCMatt
almost 15 years ago
Posts: 7523
Member since: May 2009

What's the big deal about the address?

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Response by AnonymousUser
almost 15 years ago
Posts: 150
Member since: Mar 2010

Originally someone had pointed out that it looked like the apt had started out as a studio and was then walled-off, which now makes sense. Also the layout is strange with the the closet/bathroom off the front foor and a waste of space with such a long hallway.

Agree Matt, it's not the best-looking of of the major art deco buildings, but maybe the interiors are the selling point. Anyone remember reading about George Soros' former wife buying a $25 million dollar 5-bedroom there in 2006? One of the biggest sales of 2006.

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Response by Bill7284
almost 15 years ago
Posts: 631
Member since: Feb 2009

I don't see a big deal about the address either Matt, but sadly there are buyers who want an address of Central Park West, Fifth Ave or maybe Park Ave. In this case, the buyer can refer to it as their home on Central Park West as oposed to their studio with a wall. Many of us I am sure have dealt with this type of person socially or otherwise and just let it slide for our own sanity.

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Response by AnonymousUser
almost 15 years ago
Posts: 150
Member since: Mar 2010

Bill you wouldn't want the honor of living in a building where a famous mobster was gunned down in the lobby?? ;)

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Response by Bill7284
almost 15 years ago
Posts: 631
Member since: Feb 2009

LOL, in that case, sure! Nothing can raise the tone of a building like an underworld rubout. I say name the children's playroom in his honor.

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Response by AnonymousUser
almost 15 years ago
Posts: 150
Member since: Mar 2010

How how about this - Costello's Castle (in honor of Frank)? :)

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Response by Bill7284
almost 15 years ago
Posts: 631
Member since: Feb 2009

LOL, I think George Abbott lived there. It could be Abbott and Costello's Castle. What I find ironic is that the year after the shooting, the building went coop in 1958! I am sure the selling agent had their work cut out for them as the sponsor dashed off to Argentina. Well, it could have happend that way.

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Response by prewarpassion
almost 15 years ago
Posts: 20
Member since: Oct 2011

This was not a studio, it was carved off a larger apartment. The Majestic didn't have studios when it was built. Also, the layout is not so bad, and the building is considered very good. So the $700,000 price makes perfect sense.

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Response by AnonymousUser
almost 15 years ago
Posts: 150
Member since: Mar 2010

Yes Bill, that's an even better name! :) Indeed the building's not my favorite, but God the unit prices are certainly comparable to its more attractive neighbors (Dakota, San Remo etc.).

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