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Why is this priced so low?

Started by nicesmile
over 6 years ago
Posts: 90
Member since: May 2016
Discussion about 975 Park Avenue #5D
Any thoughts.
Response by 30yrs_RE_20_in_REO
almost 6 years ago
Posts: 9876
Member since: Mar 2009

George,
I'm talking about Coops. Yes they are very rare in 50% buildings, but my comment was about buildings which have floor prices.

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Response by 30yrs_RE_20_in_REO
almost 6 years ago
Posts: 9876
Member since: Mar 2009

Battery Park City
Carnegie Hill
Chelsea
East Village
Financial District
Flatiron District
Gramercy Park
Greenwich Village
Harlem
Hell's Kitchen/Clinton
Inwood
Kips Bay
Lower East Side
Midtown East
Midtown West
Morningside Heights
Murray Hill
NoLita/Little Italy
SoHo
Tribeca
Upper East Side
Upper West Side
Washington Heights
West Village

Bronxdale
Castle Hill
Concourse Village/Grand Concourse/Morrisania
Fieldston
Fordham
Kingsbridge
Morris Park
Mott Haven
Parkchester
Pelham Bay
Riverdale
Soundview
Throgs Neck
Tremont

Astoria
Bayside
Beechhurst
Briarwood
College Point
Corona
Douglaston
Elmhurst
Flushing
Forest Hills
Fresh Meadows
Glen Oaks
Jackson Heights
Jamaica
Kew Gardens
Little Neck
Maspeth
Oakland Gardens
Rego Park
Sunnyside
Whitestone
Woodhaven
Woodside

Bay Ridge
Bedford-Stuyvesant
Bensonhurst
Boerum Hill
Borough Park
Brooklyn Heights
Bushwick
Canarsie
Carroll Gardens
Cobble Hill
Coney Island
Crown Heights
Flatbush
Fort Greene/Clinton Hill
Gravesend
Midwood
Park Slope
Prospect Park South/Kensington
Sheepshead Bay
Sunset Park
Williamsburg
Windsor Terrace

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Response by multicityresident
almost 6 years ago
Posts: 2426
Member since: Jan 2009

Nothing in/on Staten Island?

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Response by 30yrs_RE_20_in_REO
almost 6 years ago
Posts: 9876
Member since: Mar 2009

We did a couple of deals on Staten Island but really wasn't worth the trouble. And finding an agent with half a brain to work for us was next to impossible (especially when the commissions involved were like working for minimum wage).

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

30yrs, many houses on staten island sells for around or above half million, 3% of that is 15 grand, why you think it's too low?

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Response by 30yrs_RE_20_in_REO
almost 6 years ago
Posts: 9876
Member since: Mar 2009

The market is doing so great, yet this is still so unsold.

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