Newbury 1 bedrooms: J-line, D-line and E-line
Started by robinlee
over 14 years ago
Posts: 15
Member since: Dec 2008
Discussion about
For thoe who have inquired why 26J and 23E closed so low (years ago, btw) please note: One transaction was an inside deal btwn shareholders that was done withut the typical 6% brokers fee. The other was in estate codition requiring a total renovation. More recent and relevant comps to the current 1 bedroom on the market would the the D-line and/or E-line sales which both closed over 500k. Also,... [more]
For thoe who have inquired why 26J and 23E closed so low (years ago, btw) please note: One transaction was an inside deal btwn shareholders that was done withut the typical 6% brokers fee. The other was in estate codition requiring a total renovation. More recent and relevant comps to the current 1 bedroom on the market would the the D-line and/or E-line sales which both closed over 500k. Also, please note that among the currently active 1 bedroom listings (29J, 15E and 8E), the interior space of 29J is as large if not larger than the latter two despite what is recorded in sq ft. It appears that both 15E and 8E included the outdoor balcony space in their overall sq ft number which speaks to the difference. The J-Line entry hallway (which the D aqnd E lines lack) is equivalent to the balcony space the D-line and E-line have (which the J loine lacks). I am the agent for 29J. If you have any questions, please feel free to contact me directly. Robin Portnoy 917.865.9429 OR rportnoy@maxwelljacobs.com [less]