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Back down to 2013 prices?

Started by 30yrs_RE_20_in_REO
over 6 years ago
Posts: 9877
Member since: Mar 2009
Discussion about 136 West 17th Street #6A
Will this sell for above or below the $2,090,000 it traded for in 2013?
Response by TeamM
over 6 years ago
Posts: 314
Member since: Jan 2017

Unless someone is right on the verge of signing a contract for it, I would think that after three months they would drop the price and find themselves below that number in terms of where they will transact.

A lot of people have "saved" the listing, so there must be something reasonably compelling about the listing to make people want to track it (and perhaps transact at a lower price).

I think that a lot of sellers are going to wish that they dropped their prices sooner, this seller included.

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

The age old question in slow markets is does the guy who drops his price first end up being the winner or the loser?

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Response by stache
over 6 years ago
Posts: 1298
Member since: Jun 2017

I wonder when the abatement expires.

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

Says 2017. Taxes still look very reasonable but the apartment is only 1250 sq ft even though new developments would have called is 1400.

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Response by Rock28
over 6 years ago
Posts: 49
Member since: Apr 2011

Unless the seller is motivated, my guess is the seller pulls it from the market for a year and tries to rent it and see if after the lease is up whether the market has turned.

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Response by Anton
over 6 years ago
Posts: 507
Member since: May 2019

tax can't be that low now

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

Year Period Charge Type Original Due Date Interest Begin/Process Date Charge Paid Balance
2020 4 TAX 04/01/2020 2,984.15 2,984.15
2020 3 TAX 01/01/2020 2,984.15 2,984.15
2020 2 TAX 10/01/2019 2,984.15 2,984.15
2020 1 TAX 07/01/2019 2,984.15 -2,984.15 0.00
2019 4 TAX 04/01/2019 2,237.93 -2,237.93 0.00
2019 3 TAX 01/01/2019 2,237.93 -2,237.93 0.00
2019 2 TAX 10/01/2018 3,518.10 -3,518.10 0.00
2019 1 TAX 07/01/2018 3,518.10 -3,518.10 0.00
2018 4 TAX 04/01/2018 3,418.03 -3,418.03 0.00
2018 3 TAX 01/01/2018 3,418.03 -3,418.03 0.00
2018 2 TAX 10/01/2017 3,512.29 -3,512.29 0.00
2018 1 TAX 07/01/2017 3,512.29 -3,512.29 0.00

Account History Details
Click here for the Account History Details

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