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Sale at 213 West 23rd Street #8N

Started by 300_mercer
over 8 years ago
Posts: 10577
Member since: Feb 2007
Discussion about 213 West 23rd Street #8N
Nice!! Seems to be reasonably priced as well. Realize that it is not everyone's taste.
Response by tribby
over 8 years ago
Posts: 36
Member since: Oct 2011

Love this building hate the street -but would love to buy it if i had the money hehe... featured on WSJ today - beautiful kitchen

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

I would love to buy as well at $10-11mm but do not have the money. Lower price due to the potential of the buildings going up at the side which will block the view.

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Response by tribby
over 8 years ago
Posts: 36
Member since: Oct 2011

Personally i don't think it will clear over 10M - buyers over that range tend to prefer a little more amenities though this building does have private access to the crunch gym downstairs. 23rd st. is super busy with the M23 and the 1 train traffic right in front of the building. But who knows, someone might love how unique it is despite all of these downsides and snap it up over 10M.

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Response by front_porch
over 8 years ago
Posts: 5319
Member since: Mar 2008

I don't know if I feel older because I saw Skyhouse with clients when Fredrik was repping it 7 years ago, or because I used to work out at McBurney back in the day. Regardless, there's no very grand entrance to this building, though I do agree that this unit is a palace.

ali r.
{downtown broker}

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

Tribby, There is a big advantage in taxes and maintenance for buildings like this relative to new developments with amenities. If I had an 11mm budget and need for that much space (think 2+ kids) and had large social gathering, I would buy this space any time over a new development with half the space.

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Response by tribby
over 8 years ago
Posts: 36
Member since: Oct 2011

I agree this building has great maint+taxes, even compared to resales - but people who can afford the space (probably with net worth of at least 3-4x that) don't seem to care about whether taxes/maintenances are $60-100k more a year with new developments. Obviously there are always exceptions - some super rich/cool people love old buildings and unique spaces and detest shiny new condos. But i think it has less to do with the monthlies for the $10M+ buyers...

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Response by 30yrs_RE_20_in_REO
over 8 years ago
Posts: 9880
Member since: Mar 2009

The building went through some agita when it was being developed. There were several rounds of partnerships which fell apart. The biggest issue is what probably should have been a grand lobby ended up as the gym and the lobby for the condos is sort of the "service entrance."

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