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June is here- Let the Chopping begind

Started by Brooks2
over 13 years ago
Posts: 2970
Member since: Aug 2011
Discussion about
http://streeteasy.com/nyc/sale/659486-coop-205-east-63rd-street-lenox-hill-new-york 01/28/2012 Listed by Douglas Elliman at $1,250,000. 04/13/2012 Price decreased by 8% to $1,150,000. 05/31/2012 Price decreased by 13% to $999,000.
Response by Brooks2
over 13 years ago
Posts: 2970
Member since: Aug 2011
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Response by NYC10007
over 13 years ago
Posts: 432
Member since: Nov 2009

no a chopper in the village with inventory so low. opps 8% in a month
05/13/2012
Listed by Corcoran at $1,295,000.
06/08/2012
Price decreased by 8% to $1,195,000.
http://streeteasy.com/nyc/sale/683570-coop-79-west-12th-street-greenwich-village-new-york

Laminate counter-tops and ugly postwar white-brick for $1.2 million? Definitely pushing the limits on this one based on location.

My feeling is any buyer in this price-range wants something that is already renovated (higher end...not mid-range rental like this one) so throw in another $100k to do this whole place properly (at least) or sell at a discount. A little on the small side for a family but a good starter 2BR...

A big ask for what it is, but location...location...location. Will be interesting to see where this one ends up.

Brooks2, keep your eyes on this one for us.

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