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What will it sell for - Prime Village

Started by 30yrs_RE_20_in_REO
over 6 years ago
Posts: 9877
Member since: Mar 2009
Discussion about 35 West 9th Street #3A
The pluses: - Prime location - 5 rooms (rare for GV) - Renovated - Well established Coop - Part-time DM - South facing LR and MBR with low buildings across street
Response by 300_mercer
over 6 years ago
Posts: 10570
Member since: Feb 2007

Close to list price.

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Response by truthskr10
over 6 years ago
Posts: 4088
Member since: Jul 2009

I agree. With the exception of 6b which sold 1st quarter of 2011, the cusp of the post lehman RE correction, every unit the last decade has closed less than 4% of ask.

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Response by 30yrs_RE_20_in_REO
over 6 years ago
Posts: 9877
Member since: Mar 2009

truthskr10,
I hear what you are saying - I've sold in the building and lived, owned a building a couple of doors away, and owned/lived in a Coop on the block which shared the super with this building for over 2 decades.
However the counter argument is that this unit couldn't find a buyer when it was asking $2,645,000 Spring of 2016 - which was a much better market - so I think it will be interesting to see what happens (in that based on the qualities I listed in the initial post would one would think this unit would sell very quickly and at close to ask).

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Response by bramstar
over 6 years ago
Posts: 1909
Member since: May 2008

Although the apartment seems to get nice light, it's still only on the third floor and I don't see any discount for that in the price. Also maintenance is a tad high for a part-time doorman building, IMO. That said, it's an attractive space for a young family.

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Response by 300_mercer
over 6 years ago
Posts: 10570
Member since: Feb 2007

What the apartment really has going for it is a lack of finished supply in Greenwich Village of this size and price. Not to mention PS41.

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Response by 300_mercer
over 6 years ago
Posts: 10570
Member since: Feb 2007
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Response by stache
over 6 years ago
Posts: 1298
Member since: Jun 2017

Oddly in my life I have had two sugar daddies that were acrophobic. One lived on 2, the other looked in a new building and decided that he could live as high as 6 with a balcony. So for some, an expensive apartment on a low floor is a thing.

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Response by truthskr10
over 6 years ago
Posts: 4088
Member since: Jul 2009

30yrs, I definitely defer to your expertise in the neighborhood.
There are 2 ways to view your initial question.
What will it sell for and/or what will it sell for ultimately.
It comes down to if the seller HAS to sell.
If it goes into contract during this listing period, I'll bet its within the 4%.

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