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Does this pricing make sense to you?

Started by KAS61
almost 13 years ago
Posts: 126
Member since: Mar 2012
Discussion about
Why would two side by side one bedroom apartments, listed at less than 900K each, have a combined asking price of 3.7 million??? http://streeteasy.com/nyc/sale/967381-coop-410-west-24th-street-west-chelsea-new-york http://streeteasy.com/nyc/sale/967378-coop-410-west-24th-street-west-chelsea-new-york http://streeteasy.com/nyc/sale/967383-coop-410-west-24th-street-west-chelsea-new-york
Response by NWT
almost 13 years ago
Posts: 6643
Member since: Sep 2008

I think it's a typo. The broker meant 1, not 3.

The combo, if already done, would go for more than the two separately, but it's not already done.

I don't get why the sponsor doesn't just go ahead and do the combo itself, then sell.

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Response by alanhart
almost 13 years ago
Posts: 12397
Member since: Feb 2007

As jim_nocojones says, "a smart broker".

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