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Pricing a raw space

Started by seven7
over 13 years ago
Posts: 161
Member since: Aug 2008
Discussion about
The ground level unit in the FiDi I was going to make an offer on Has been destroyed by Sandy It's now a raw space and the broker is inviting me to make a new offer What would be a prewar raw space in that area worth by square foot?
Response by Ottawanyc
over 13 years ago
Posts: 842
Member since: Aug 2011

Probably not much.

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

take $300 psf off the finished price and then account for 1 yr of mortgage and maintenance costs to bring it back to liveable condition.

considering that it was destroyed, i'd never buy it.

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