the only nyc apt with 2021 value increase
Started by trevorF
almost 5 years ago
Posts: 58
Member since: Mar 2008
Discussion about Carnegie House at 100 West 57th Street in Midtown
As the land becomes less valuable, these apartments become more valuable. Assuming the value of comps is unchanged, if the cost of purchasing the land decreases, the value of the apartment increases. Even if the value of the comps decrease, the value of the land will decrease at a much quicker pace and there too, the value of the these apartments increase. Unique inverse opportunity.
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Shilling again?
https://streeteasy.com/talk/discussion/45627-the-only-nyc-apt-with-2020-value-increase
Weird to start a new thread about this -
By December 2020, 4JK cut its value by nearly $600,000. What a way to end the year.
Maybe TrevorF is the owner of 12Q, the only apartment which increased its price tag... by all of $3,000.
perhaps, one of these years, i will be right, yet there is a risk that my statement may never be correct with this building. are these poor souls owners of apartments or of a depreciating asset. that line is fuzzy.
At least TrevorF has a sense of humor haha :)
https://streeteasy.com/building/carnegie-house/11f
https://streeteasy.com/building/carnegie-house/16e
look at the price appreciation in the 1br apts - up 6.5% in only 20 days!!! :
08/30/2021 #12R $202,500 Sold (asking: $210,000.00 -3.57%) 1 bed 1 bath 900 ft²
08/10/2021 #19N $190,000 Sold (asking: $219,000.00 -13.24%) 1 bed 1 bath 900 ft²
What's the condition of the apartments, where are they located in relation to the best views ????
Not a fair comparison just on price and s.f.
Admin2009 - Don't make assumptions. Do your own due diligence. We did our work and came to the conclusion that this is a fair comparison. 19N is even superior to 12R. Why ask the questions if you can just look at the listings yourself. Are you a potential buyer? Are you trying to put uncertainty into the mind of our community? You better buy now, because its getting hot in here.
So hot in
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its funny and sad watching these units burn hard
trevorF .... what the F%%% are you babbling about ?
Edibles?
https://streeteasy.com/building/carnegie-house/18g
trevorF continues to hide ? ? ?
I'm right here Admin2009. Your wife sees me every other week. Perhaps you need to just open your eyes a little wider. Neither of you will be seeing me for a while now...