What will it sell for - 120 East 87th?
Started by 300_mercer
over 3 years ago
Posts: 10570
Member since: Feb 2007
Discussion about 120 East 87th Street #R22AB
$6.2mm purchase.
https://streeteasy.com/sale/185662
https://streeteasy.com/closing/2029047
That is NOT "white box condition."
Do you mean when they bought or right now?
Nice place , though it needs an upgrade
Well, they claim they'll deliver it in white box condition, but why bother? (other than for bank loan requirements) Most of the box will have to be pulled part to deal with the owner's architect's idea of where infrastructure should go. I'm not a fan of the proposed floorplan at all (those columns in the middle of the gallery, no windowed baths, absurdly long hallway from the entry to the LR/DR, poor separation of public & private space. For the price, 'd look to renovate/update one of those 'old fashioned' UES coops (see other thread) before I'd take this on.
Aaron, I think broker is misusing the commercial real estate word "white box". She really means in strip down conditions shown in pictures without virtual reno.
Forgot to mention that the killer is high taxes and common charges relative to other units in the building after factoring in spectacular outdoor space.