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Why so much turn-over?

Started by hudsonhome
over 7 years ago
Posts: 46
Member since: Feb 2014
This seems like a good building, but I noticed many recent buyers have begun to sell after only a few years? Does anyone know if there are troubles that are ahead?
Response by 30yrs_RE_20_in_REO
over 7 years ago
Posts: 9877
Member since: Mar 2009

We flipped a two-bedroom in there a number of years back very similar to this one:
https://streeteasy.com/building/9281-shore-road-brooklyn/227?context%5Bcontroller%5D=%23%3CBuildingController%3A0x00561444272cd0%3E&context%5Bcurrent_user%5D=1040784&hide_if_empty=true&section=sales
For $175,000.
It may just be people taking their profits.

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