2nd floor vs 3rd floor Loft discount

As an example, if this loft were to be on the 3rd floor, what percentage more than 2nd floor will you pay. Small difference in light - no extra windows but more privacy than 2nd floor.

http://streeteasy.com/nyc/sale/578424-condo-42-east-12th-street-greenwich-village-new-york

According to the description, there's an elevator up to this 2nd floor apartment, so no discount.

what about more privacy on the third floor from people walking on the street?

What about privacy when your guests or children have to run across 3 rooms in a towel to hit the shower?

25k more for 3rd floor. But that place is overpriced. Very high monthlys.

I doubt there is any appreciable market valuation difference based on (some) "people being able to look into your apartment from the other side of the street" (a little) with a 2nd floor loft than a 3rd floor loft, especially with a typical Long-and-Narrow such as your example. My geometry is bad, but Pythagoras would know how to figure out how far into the loft someone across the street can see. My impression is that you would have to stand pretty close to the windows to see the head of someone on the sidewalk. People who were worried about that as a privacy matter would note the invisible line of visibility and act (dress) accordingly.

In classic loft buildings, at least, your assumption that ceiling heights are equal might not be valid. Here, 2nd floor claims 12 ft, but I don't know if higher floors have lower ceilings. I hit 66 Crosby St yesterday on my blog, where the 2nd floor claims 16+ ft ceilings, higher floors 'only' 14 ft. You see that a lot.

I would be surprised if there are enough people for whom this privacy consideration is a consideration to make a difference in the market. You will find some people who will be bothered by *anything* of course, but this is not something I see as a market issue.

That said, a loft laid out horizontally (with vastly more interior space 'exposed' to pedestrians) might involve a different calculus.

no privacy: http://streeteasy.com/nyc/sale/510009-condo-133-second-avenue-east-village-new-york
some privacy: http://streeteasy.com/nyc/sale/404982-condo-133-2nd-avenue-east-village-new-york

Same layout, same renovation, looks like 2nd floor and 4th floor with $50k difference in asking prices.

Thanks a lot every one. Does not look like there will be much a difference between 2nd and 3rd. We did look at this place but given the high maintenance without any service and basic reno, the price is at least $200k too high relative to the current market. Most lofts of this size are #2000-$2500 in maintenance.