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How to piss away $150K

Started by inonada
almost 14 years ago
Posts: 7952
Member since: Oct 2008
Discussion about 111 Fulton Street #PH107
This unit went into contract late 2009 and closed early 2010 for $2.1M. Since then, it has been on the market for rent at $10K. Obviously no one was even willing to pay $9K; probably $7K is the market price. Even if it rents now, it will have been wasting away for close to 2 years and the opportunity to collect $150K in rent has been lost forever. Great move.
Response by maklo1421
about 11 years ago
Posts: 126
Member since: Dec 2010

No I don't own here, though I wish had bought around the time this guy did.

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Response by pleasantstead
about 11 years ago
Posts: 79
Member since: Nov 2014

But of course, easy money. Even people like w67thstreet and aboutready bought. Not of course inonada and c0lumbiac0unty.

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Response by pleasantstead
about 11 years ago
Posts: 79
Member since: Nov 2014

This penthouse in the same building is up 67% in 5 years.

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Response by pleasantstead
about 11 years ago
Posts: 79
Member since: Nov 2014

http://streeteasy.com/building/district-condominium/ph208

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