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Sale at 47 East 88th Street #4A

Started by falcogold1
over 13 years ago
Posts: 4159
Member since: Sep 2008
Discussion about 47 East 88th Street #4A
http://streeteasy.com/nyc/sale/763522-coop-47-east-88th-street-carnegie-hill-new-york This is a curious sale. Back on the market before the ink on the docs dry. Is this a selective reduction? It will be interesting to see what this flip gives birth to. 06/01/2010 Previously Listed by Corcoran at $5,250,000. 08/02/2010 Corcoran Listing is no longer available. 04/24/2012 Previously Listed by Corcoran at $4,900,000. 10/05/2012 Corcoran Listing sold. 10/05/2012 Previous Sale recorded for $5,175,000. 11/15/2012 Listed by Douglas Elliman at $5,550,000.
Response by NYC10007
over 13 years ago
Posts: 432
Member since: Nov 2009

That is some seriously low maintenance for that much space, wow. I'm a big fan of the renovation and think this is a superb layout. Very well done...fantastic floor plan.

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Response by hsg9000
over 13 years ago
Posts: 95
Member since: Jan 2013

Look at the listing histories for that building. One unit sold for $275K more than its asking price. Interesting.

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Response by UESter
over 13 years ago
Posts: 6
Member since: Jul 2012

Haha love the IVF references. Two things, the HVAC system has been done in a very wacky way, you can see it in the original listing photos. The duct work takes up half of a room. The other is, the kitchen is laid out in a strange way with the oven and fridge on one side and the range around the corner. Very weird. I would question the actual quality of this renovation.

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Response by UESter
over 13 years ago
Posts: 6
Member since: Jul 2012

PS the maintenance is low because the building owns the retail space which has been recently upgraded and has higher end tenants in it. This is a good thing to look for in buildings with retail space. Its a great way to keep the maintenance down. Its a bummer when the building doesn't own the space anymore like 149 E 73 and 141 E 72.

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