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Sale at 255 East 74th Street #8D

Started by hmmmm
about 15 years ago
Posts: 5
Member since: Apr 2009
Discussion about 255 East 74th Street #8D
No such apartment as 8D in this building. Something fishy is going on here.
Response by NWT
about 15 years ago
Posts: 6643
Member since: Sep 2008

It's 8C: http://streeteasy.com/nyc/sale/467706-condo-255-east-74th-street-upper-east-side-new-york

05/07/2009 Previous Sale recorded for $2,774,731.
10/01/2009 Listed by Prudential Elliman at $2,995,000.
06/23/2010 Price decreased by 3% to $2,895,000.
07/01/2010 Listing is no longer available.
08/09/2010 Re-listed by Prudential Elliman.
08/16/2010 Listing is no longer available.
10/07/2010 Re-listed by Prudential Elliman.
01/03/2011 Listing is no longer available.
01/13/2011 Re-listed by Prudential Elliman.
01/18/2011 Price decreased by 3% to $2,795,000.
02/03/2011 Listing sold.
03/15/2011 Sale recorded for $2,400,000.

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

Just to keep the collate, here's the rest of the story to date:

05/06/2011 Listed by Prudential Elliman at $2,995,000.

The 2009 buyer, unable to sell after two price cuts, finally takes his $400K+ loss and sells to his broker. Broker, now the owner, immediately puts it back on the market at the price no one would pay in 2009.

I don't know whether that's fishy, but would "unseemly" apply? If the broker wanted to invest in the building, there were options other than her own client's fire-escape-view place. Maybe there's an agreement along the lines of "I'll take this off your hands, and if I can unload it for $x I'll give you $y."

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Response by hmmmm
about 15 years ago
Posts: 5
Member since: Apr 2009

So the apartment is #8C, but it is being listed as the nonexistent #8D. It seems fishy to me. What is the seller trying to hide?

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Response by downtownrenter
about 15 years ago
Posts: 48
Member since: Dec 2009

He just explained it to you. In the simplest possible terms.

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

The listing broker is trying to throw you off the scent.
Might not work with the blood hounds of SE but the rest of the re universe will be non the wiser.
On a seperate note...This is a building that was built with little to no fanfair and sold somewhat effortlessly compaired to many other building in the hood. I know several buyers and all are very happy with their purchase.
Large apartments that commanded prices usually seen a little more to the west of lexington.
When it comes to archetectual design and neighborhood continuity...does it get any uglier than the UES?

...for a glass box it has an understated elegance.

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Response by StreetEasySupport
about 15 years ago
Posts: 300
Member since: Jan 2006

Thanks for this discussion. I corrected the unit number to 8C.

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Response by hmmmm
about 15 years ago
Posts: 5
Member since: Apr 2009

Where was the unit number corrected?

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