Is This the Worst Layout Ever?

Its a railroad apartment. It is what it is.

Yeah, it's horrible as is. I wonder if it was two apartments at one time. If so, maybe those unusually thick walls around the WIC and small bedrooms are wet walls. If they are, that whole area could become the kitchen and the old one could become an en suite bath. That's alotta if's. How great could the new plans be if they don't show them? High maintenance, with no amenities... needs a huge price chop.

Holy Cr@phole, Batman! Gotta love the door that opens up....to the hallway....that leads to the kitchen. Unfortunately, there are lots of apartments just like this in all the older buildings in NYC.

Wow. That really is a challenge. And on the first floor to boot. These are the types of apartments that will show the impact of the slowing RE market first. Watch the price drop as it doesn't sell...

not worth anything close to that!

This should really be a one bedroom with the kitchen and kitchen and bathroom locations flipped. The smaller second bedroom and existing bath should be banged out to be a much larger kitchen area, and the bathroom should be located after walking through the bedroom. Even then, it's ain't good.

It looks like it's very dark from the pictures.

I agree with this part of the listing: "A unique opportunity...."

...but I'd add, "...to purchase an overpriced piece of sh*t, with an irreparable floor plan, that you can buy and not live in for a year while it's reconfigured, spend hundreds of thousands remodeling, only to wind up with the exact same thing that you started with: an overpriced piece of sh*t."

My offer would be $100,000, nonnegotiable.

But I'd pay cash so they know I'm serious.

It appears this same unit closed in 1/2007 at $629K after being listed in 6/2006 at $799K. Talk about aspirational!

drg, do you mean "delusional"?

My $100k cash offer stands.

Yes, that word works, too.

:)

I just looked at the plan and laughed for 10 min. Imagine going through the bedroom to get to the kitchen.

It IS an odd space & the price is ambitious. The quick fix is to make that front room into a bedroom with a wall just at the entrance door leaving a foyer/office then using that room between the bathroom & kitchen as the sitting/dining room. The building entrance is certainly impressive so it has SOMETHING.

Look at this one: http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1171404&ohDat=3/23/2008%2012:00:00%20AM;

Before the FP came out, I thought, "wow, well priced, great building/location...good size". I never even looked at it because the entrance is through the bedroom. Needless to say, it hasn't sold.

The one in this discussion has it even worse. I agree with steve, if you're gonna do it, get it dirt cheap and gut renovate, totally switch everything around.

Go back to the loose-money London property boom of 1989-1990 - people were paying $100k (1990 prices) for closets.

That died a death, as will this.

While I agree that it seems overpriced, the layout isn't completely hopeless.
Couldn't the kitchen just be moved to take the place of the smaller bedroom hence creating a type of greatroom. Make the bathroom larger and then leave the whole back arear as a bedroom.

Seems doable. There are a good amount of windows.

Moving kitchen and bathrooms are usually the big deals - which is why people haven't proposed that so much. The problems involve moving plumbing and so people have thought of switching kitchen and bathroom (wet areas for areas vs. wet areas for dry areas). There may be codes that do not allow such major plumbing changes (in most buildings) because the apartments above have consecutive plumbing etc.