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215 West 88th Street #12E: Is this price a typo?

Started by West81st
over 13 years ago
Posts: 5564
Member since: Jan 2008
Discussion about 215 West 88th Street #12E
Purchased in 2009, already renovated, for $1.545MM. Listed briefly in 2010 for $2.51MM. Re-listed on August 8th for $3.39MM. Also available for rent, asking $9500.
Response by fager1
over 13 years ago
Posts: 16
Member since: Jan 2010

In all likelihood not even close to being a typo--owner is probably a flipper since the ink on the sales documents barely had enough time to dry--apartment was put back on the market three months after the Fall, 2009 close. Delusional seller is also aided and abetted by an equally delusional seller's broker, who may have mildly disagreed with the asking price but meekly agreed to it.

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Response by ab_11218
over 13 years ago
Posts: 2017
Member since: May 2009

Mercedez strikes again. We just spoke about her on a different listing. I'm guessing she got her license a month ago and will take any listing she can get her hands on. She's got plenty of free time on her hands.

I am wondering where the 300+ sq ft are hiding in this 1542 sq ft unit. The MASTER is a HUGE 12X13.

With no pictures, it screams "Buy Now or Be Priced Out Forever".

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Response by w67thstreet
over 13 years ago
Posts: 9003
Member since: Dec 2008

No typo. Sprint hit $4.80 today up 100% from my call 4 months ago. Mercedes?, who the fk cares about another Borker / bubble seller putting random digits on cyberspace?

Sprint doubling up from my call 5 months ago and my $650k gain in my acct...... Thatz for realz.....

Still cheap at $4.80. Lete pull a Mercedes/Borker buy sprint now before it hits $600/share!!!!

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Response by walterh7
over 13 years ago
Posts: 383
Member since: Dec 2006

This one caught my eye as well. It appears as if the unit is a rental based on this listing...
http://streeteasy.com/nyc/rental/913644-rental-215-west-88th-street-upper-west-side-new-york

I suspect there is no real intent to sell unless they find a real 'sucker' to pay their price. It is a waste of bandwidth otherwise.

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Response by fager1
over 13 years ago
Posts: 16
Member since: Jan 2010

quite valid observation about the square footage--your observation can apply equally to all the apartments in this conversion. I saw two apartments in this building during the spring-summer 2009 timeframe, asking prices were north of $1500/sq. foot based on a bogus square footage. I would guess that all of the apartments' space is inflated by about 25 percent. As for the renovations, they're solid mid-level, but calling them high end provides comic relief. I pass by this building several times a week; it's basically your garden variety pre-war with no distinctive characteristics.

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