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Sale at 319 Schermerhorn Street #20B

Started by CCL3
over 9 years ago
Posts: 430
Member since: Jul 2014
Discussion about 319 Schermerhorn Street #20B
Odd pricing in this building. This is priced way off from the 1100 sq ft 1 BR in the building going at 1.3m. Even if you give a generous $20k allowance per floor for the higher floor, the price is still 100-150k over what it should be compared to the smaller unit. Is that tiny terrace the justification? What is the normal price increase to go up per floor?
Response by CCL3
over 9 years ago
Posts: 430
Member since: Jul 2014

^^Meant 1100 sq ft 2 BR.

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Response by 30yrs_RE_20_in_REO
over 9 years ago
Posts: 9882
Member since: Mar 2009

Remember there is going to be a larger per floor increase in price at a "break floor" where floor plans change and/or the unit clears surrounding buildings and the view improves substantially.

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