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99 john st.

Started by er1to9
over 17 years ago
Posts: 374
Member since: Mar 2007
any body have any info on 99 john street?
Response by blingbling
over 17 years ago
Posts: 26
Member since: Apr 2008

Price per sq ft is good. But you get what you pay for bc the overall finish is cheap and the entire bldg has the cheap rental feel to it including the hall ways and lobby. Also, there are lots of renters still living there which won't be good for those who bought. Not much sun light in the bldg unless you pay premium for the upper floors. I don't like john street itself as it has a dingy feel to it. I was there two weeks ago and they only sold 10%. Having said that, location is pretty good and it is cheaper than other condos in FiDi.

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Response by sfo
over 17 years ago
Posts: 130
Member since: Jun 2007

i was told they are open to selling unrenovated apts at a discount, as thier finish is AWFUL, the only also other good thing with a high number of apts your monthly are low..but blinbling is correct, the fact they still have renters is an issue, i was told they want to sell the whole thing but they have too many apts. location wise is good and probably like all the other john st bulidings, value will go up once fulton station and WTC are done..so probably next 5-7 years

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Response by blingbling
over 17 years ago
Posts: 26
Member since: Apr 2008

Yes, their monthly cc and RE tax was very reasonable as they have 420+ units. Other condos on John street had much higher monthly cc and RE taxes since they had much fewer units within the bldg.

Good luck!

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Response by sfo
over 17 years ago
Posts: 130
Member since: Jun 2007

blinbling, you didnt think thought that after the abdmanet thier taxes seemed high ?

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Response by blingbling
over 17 years ago
Posts: 26
Member since: Apr 2008

Yes, I thought unabated RE tax was on the high end but still lower than other condos on John street. I think RE taxes for condos on John St is high in general, based on what I saw.

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Response by sfo
over 17 years ago
Posts: 130
Member since: Jun 2007

quick question, the plan for 99 john hasnt been declared effective but now one real estae firm is claming that some apts arent available because they are sold, if the paln isnt effective yet ( since they havent sold 15 % ) and they are no where near closing can they advertize that these apts are sold ?

99 John Street, #825 (recently sold)
$635,000 UNAVAILABLE
Other type Wall Street 1 baths
Listed at Metropolitan Living LTD

99 John Street, #418 (recently sold)
$620,000 UNAVAILABLE
Other type Wall Street 681 ft� 1 baths
Listed at Metropolitan Living LTD

99 John Street, #415 (recently sold)
$635,000 UNAVAILABLE
Other type Wall Street 1 baths
Listed at Metropolitan Living LTD

so of hte apts are listed in contract but some are listed as sold
can they do that ?

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Response by jordyn
over 17 years ago
Posts: 820
Member since: Dec 2007

I think this is just an assumption that StreetEasy makes--when a listing disappears from a website (and becomes unavailable), StreetEasy assumes that it was recently sold.

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Response by csn
over 17 years ago
Posts: 450
Member since: Dec 2007

jordyn is correct. They are not actually listed as sold but as previous listings.

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Response by sfo
over 17 years ago
Posts: 130
Member since: Jun 2007

thanks, so a realtor can put something on the street easy and then make unavaible on teh same day ( as these listing say 0 days on streeteasy ) and the assumption that it sold...intersting, it makes a buliding look busier than it is.

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