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What will they sell for - multiple unit comparison

Started by Aaron2
over 6 years ago
Posts: 1696
Member since: Mar 2012
Discussion about
Here’s an interesting comparison all on the market right now: four 1-BR co-op units, separate owners, separate brokers, all in the same 1964 traditional full service building (118 East 60th). Different floors, 3 floor plans are the same line, the 4th is the almost identical mirror image. Finishes are contemporary, and mostly equivalent in all of the units, a reasonable range of prices, evidence of... [more]
Response by Aaron2
over 6 years ago
Posts: 1696
Member since: Mar 2012

Oops - 3E doesn't have a balcony.

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Response by 300_mercer
over 6 years ago
Posts: 10560
Member since: Feb 2007

I have to say the prices in this building see very reasonable. 9B given the lack of any renovation needs to come down more.

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Response by 300_mercer
over 6 years ago
Posts: 10560
Member since: Feb 2007

Fixing typo.
I have to say the prices in this building seem very reasonable. 9B given the lack of any renovation needs to come down more.

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

I think this is a good example of when you get a decent amount of supply and lose a sense of urgency in buyers.

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