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Sale at 110 West 81st Street

Started by 300_mercer
over 9 years ago
Posts: 10577
Member since: Feb 2007
Discussion about 110 West 81st Street
Looks like the seller is getting closer to reality. What do people think it will sell for? I think $7.5mm floor.
Response by fieldschester
over 9 years ago
Posts: 3525
Member since: Jul 2013

$7.6, Drew.

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Response by 1st_timer
over 9 years ago
Posts: 64
Member since: Feb 2016

love the boom box in the living room

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Response by 300_mercer
about 9 years ago
Posts: 10577
Member since: Feb 2007

Still on the market!! Any guesses what will clear it? It is 8000 sq ft including garden level.

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Response by Aaron2
about 9 years ago
Posts: 1705
Member since: Mar 2012

There are enough red flags in the listing text to hint that it may be on the market for a while. "Building will be delivered vacant for 10M." when the listed asking price is 8.7m (and dropping) is a big one. How many tenants will need to be bought out? Wouldn't touch it with a barge pole.

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Response by karanc
about 9 years ago
Posts: 32
Member since: Jun 2012

Owner is also a broker. However, he chose to list the property through someone else. He seems to be a passive seller playing the field, so to speak, with regard to his building. I would stay away.

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Response by 300_mercer
about 9 years ago
Posts: 10577
Member since: Feb 2007

Agree. No one wants to deal with rent control tenants. They should probably list the price vacant (assuming it is possible to vacate) rather than hiding in the listing description.

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Response by 300_mercer
over 8 years ago
Posts: 10577
Member since: Feb 2007

Sold for $7.6mm. Guessing with rent controlled tenant.

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