Wow. Listed for 800K less than 1996 sales price
Started by bramstar
about 14 years ago
Posts: 1909
Member since: May 2008
Discussion about
http://streeteasy.com/nyc/sale/679450-townhouse-146-east-end-avenue-yorkville-new-york What's up with that? Talk about a bummer for the seller.
I'm sure it's a typo. Probably meant 2006.
ACRIS has it as 1996, but the deed doesn't explicitly give the amount. The NYS tax is written twice as $18,550, so that times 0.004 is where the $4,637,500 came from.
I think the $18,550 must be incorrect. Maybe it was really $8,550, which'd be a $2,137,500 sale price.
The same house sold for about $790,000 in 1984, per the same calculation from NYS tax.
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Considering the awful taste inside I am not surprised they would take a loss....