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Sale at 66 East 11th Street

Started by realestate19
almost 15 years ago
Posts: 114
Member since: Jan 2011
Discussion about 66 East 11th Street
Is this property really $120,000,000? I'm pretty sure that it's a typo...
Response by 300_mercer
almost 15 years ago
Posts: 10723
Member since: Feb 2007

It is a unique space with very high ceilings on the second floor. I can imagine some Russian oligarch paying a ridiculous 2000 per sq ft for this raw space and spending another 500 per sq ft to renovate it. That would still put the price at $60mm for the stated 29000 sq ft.

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Response by psit888
almost 15 years ago
Posts: 20
Member since: Aug 2007

Sold for $22mm in march

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Response by drdrd
over 14 years ago
Posts: 1905
Member since: Apr 2007

I wonder if the price is just a gimmick to call attention to the property. Was it really a former garage? How were they able to maneuver cars around inside? - and all the way up 8 floors?

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