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building at 101 West 80th Street

Started by GMS
over 14 years ago
Posts: 12
Member since: Oct 2010
Why are there so few sales in this building through time?
Response by Bill7284
over 14 years ago
Posts: 631
Member since: Feb 2009

I've wondered about this one too. The last one to close was 10 months ago and was on the market only 33 days according to SE. It appears to have no doorman as this size building wouldn't. That might make the building mostly childless owners who don't need to move for more space. Either that or the owners love living there? Lame theory, but that's all I've got.

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Response by Squid
over 14 years ago
Posts: 1399
Member since: Sep 2008

"Sunkist park views". Sunkist. Seriously? Who writes this tripe?

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Response by jd1234
over 12 years ago
Posts: 63
Member since: Sep 2010

This building allows rentals from day 1. This explains the low turnover - and a high number of investment properties. I visited one apartment - it was fine but the building was so so.

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Response by MTH
about 4 years ago
Posts: 574
Member since: Apr 2012

Would getting a loan on a place as an investment property be hard (all other things being equal)? ie would they require a high down payment, large liquid contigency fund sitting in a bank, high interest rates? That's the sense I get but am new to all this. Looking at a retirement property I could rent then move into in a few years.

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