What's wrong with this place?
Started by 35thAnd3rd
over 12 years ago
Posts: 3
Member since: Apr 2009
Discussion about
http://streeteasy.com/nyc/sale/856849-coop-303-east-37th-street-murray-hill-new-york 134 days on the market ... why?
its apt 6e. prewar, non doorman building.. its been on and off the market for over 2 years. its in front of the midtown tunnel. the a/c is in the window. should i go on? penthouse it isnt. its just a low rise 6 floor red brick building. 700k is not going to fly .
i suspect due to location - next to shitstorm traffic during peak hours/midtown tunnel entrance
i forgot one... 1250 sq ft it is not.. it was listed by the same broker last time at 1200 sq ft....so i am assuming it is closer to 1000sq feet..thanks
1025sf (if you believe in that crazy length times width theory)
Nearest subway is .3 miles but UPHILL!!!! So fat people may be out. It is im Murray Hill, so the area leaves something to be desired. There is no doorman or luxuries. It is a penthouse a/k/a 6E but it has no balcony or any appearance of penthouse feel. The apartment is pretty big 1250 2BR/2BA.
Apartment 6K sold 5/21/12 for $667,500 but the apartment is 1100 SQF and 1 Bathroom or $606.82 Per/Square Foot, at this price per for PHE is worth $758,525.00.
Most recent sale was 2B on 5/21/13 for $285,000.00 550 SQF Studio or $518.18 Per/Square Foot, at this price per for PHE is worth $648,000.00.
The apartment is also known as 6E which has been on the market since March 31, 2011 and at that time it was $899,000.00. My guess is the apartment will sell for $660-675K in the end.
Location---next to midtown tunnel, hike to trains, otherwise looks decent for price but looks like unit has an accepted offer
I like how the broker changed 6E to PHE to hide that it had previously been on the market for 263 days...
http://streeteasy.com/nyc/sale/699188-coop-303-east-37th-street-murray-hill-new-york