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UES values flat for last 15 years?

Started by GeorgeP
over 3 years ago
Posts: 106
Member since: Dec 2021
Discussion about
I was reading another forum here and noticed a comment that UES prices have gone up 3.5% since 2008. They didn't mean 3.5%/year but total. Is that the case? Is a UES real estate investment one where you just hope to break even these days?
Response by 300_mercer
over 3 years ago
Posts: 10570
Member since: Feb 2007
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Response by GeorgeP
over 3 years ago
Posts: 106
Member since: Dec 2021

300_mercer That is an awesome tool. Thank you!

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Response by KeithBurkhardt
over 3 years ago
Posts: 2986
Member since: Aug 2008

@georgep. Have you been on urbandigs.com?

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Response by GeorgeP
over 3 years ago
Posts: 106
Member since: Dec 2021

I've tried Urban Digs but when looking for unit type it gives 3 choices for bedrooms: 0, 0+, 0-5, which is bizarre. I just want to look for a 1 BR, not a studio and not something larger but it doesn't seem to give that option. Am I missing something?

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Response by 30yrs_RE_20_in_REO
over 3 years ago
Posts: 9877
Member since: Mar 2009

Use the slider just below that.

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Response by KeithBurkhardt
over 3 years ago
Posts: 2986
Member since: Aug 2008

I was talking about more for market analysis.

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Response by GeorgeP
over 3 years ago
Posts: 106
Member since: Dec 2021

30yrs_RE_20_in_REO That tip helped, thank you.

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Response by 30yrs_RE_20_in_REO
over 3 years ago
Posts: 9877
Member since: Mar 2009

Check out the forum!

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Response by Lanzz
over 3 years ago
Posts: 106
Member since: Jun 2010

Anecdotally, I sold this unit in 2014 for $675K and it just sold again for $699K.

https://streeteasy.com/building/sutton-east/20d

Almost mathematically 3.5%.

The maintenance continued it's march ever upward, which I assume held it back - and then add the weird listing photos and the sellers turned the living room into an office and you get $699 8 years later.

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Response by front_porch
over 3 years ago
Posts: 5316
Member since: Mar 2008

I'm confused now; we haven't yet seen the print on #20D, but I thought it went for $740K?

ali r.
{upstairs realty}

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Response by Aaron2
over 3 years ago
Posts: 1698
Member since: Mar 2012

I had posted 699, based on the SE listing saying 'pending but not yet recorded'. Not sure what the source of 740k is.

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Response by GeorgeP
over 3 years ago
Posts: 106
Member since: Dec 2021

Thanks for the tips.

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Response by Admin2009
over 3 years ago
Posts: 380
Member since: Mar 2014

Not much movement anywhere in NYC in 15 years ?

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