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301 East 62nd Street #5BCD

Started by MarcieP
over 12 years ago
Posts: 34
Member since: Jan 2010
Discussion about
I saw this apartment - very big, great value - they have been trying to sell it for years. What is the problem with it? in this super hot market - why is it not selling? What am I missing?
Response by inonada
over 12 years ago
Posts: 8009
Member since: Oct 2008
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Response by MarcieP
over 12 years ago
Posts: 34
Member since: Jan 2010

Thanks inonada. I would love to get some brokers who are familiar with the building to comment.

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Response by Sonya_D
over 12 years ago
Posts: 547
Member since: Jan 2013

Ironically, 2K, also on the market, is NOT such a great deal. Maintenance is cheap, but I think they are inflating the value of that terrace, IMO. Along with all that was said in your other thread, the close proximity to the noise/traffic (both are on relatively low floors) might be influencing the price.

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Response by Brooks2
over 12 years ago
Posts: 2970
Member since: Aug 2011

Overpriced could be the reason

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Response by MarcieP
over 12 years ago
Posts: 34
Member since: Jan 2010

Does anyone have any relevant comps for this place? What is the true value for this property?

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Response by shans44
over 12 years ago
Posts: 23
Member since: Jun 2012

I have looked at the apt - I think it is worth about 1.7

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Response by NWT
over 10 years ago
Posts: 6643
Member since: Sep 2008

#5BCD ended up selling for $2,149,500 in September 2013.

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