207 East 74th Street, Apt. 12G

>it grows from 720' to 850'.
>One of the interesting "features" was the mirror on the bathroom ceiling.

And there you go, what is the issue?

I'm ok with the bath -- makes the best of a miniscule space. The seller's bigger challenge will be the finances: per the broker's web site, "Excellent co-op allows up 65% financing.", so you're putting down at least 35%. Yeah, it's not a 50% or 100% cash building, but 35% is a non-trivial hurdle. Nice closet space, and windowed kitchen (wonder if it's lot line) though. Wonder how difficult the board is?

Aaron2 No, not really. More people than you would think would have little problem coughing up a minimum of 35 percent down. The bigger challenge, in my opinion, would be a) trying to convince someone that this apartment is now actually something close to 850 square feet-when it has, in fact, been advertised for at least the past few years, as being 720', and b) even with a better selling environment than fifteen months ago, that this apartment is worth anywhere near an asking price of $775,000 when it couldn't sell with the last asking price of $612,000. Again, as per my OP, I place most of the onus on this new broker, who at best is engaging in both highly deceptive advertising, although, in the real estate world, quite legal, and laughable wishful thinking.

I saw an apartment in Bay Ridge,in August 2011 for sale at a listing price of 290k. It had been on the market for months at that point.
A good-size one-bedroom. Renovated kitchen and bath, very nice in a good doorman building on Shore Road.

The entryway, hallway leading to the bedroom and the bedroom wall behind the bed were all mirrored.
Looked like something out of a 70s porn flick.

The buyers broker who showed it to me told me the owner purchased it with the mirrors already there and was too cheap to have the mirrors removed.

A couple of weeks after I saw the apartment, the owner raised the listing price to $295k.
After months went by he lowered the price by 2k.

Many months later he lowered the price again. It's still on the market, with a few more price-drops, last I looked for 265k.
He should have had the mirrors removed. Other apartments in that building have been selling, so it must be the mirrors that are causing that apartment not to show well.

I was curious to see if it's still unsold: Yep, still holding at $265k, 636 days on the market.
Lousy listing broker. She should advise the seller to remove those mirrors. And drop the listing price by another 25k.
NWT could find that listing in 5 minutes, he's not around today so:

9201 Shore Road #C-711. (844sf.)