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$7 million down and counting

Started by 30yrs_RE_20_in_REO
about 1 year ago
Posts: 9876
Member since: Mar 2009
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Response by MTH
about 1 year ago
Posts: 572
Member since: Apr 2012

@30 Not in the biz so no idea but that place is enchanting. Still - from 10m to 29m in 5 yrs? Kind of staggering. What was the state of the place in 2019? Even if it was a wreck, that's pretty aggressive. There don't seem to be any rules to Manhattan RE pricing.

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Response by Aaron2
about 1 year ago
Posts: 1693
Member since: Mar 2012

It was a wreck in 2019*, and the place looks pretty darn nice now (with a few exceptions, but what do I know? Yhe owner is the fancy pants interior designer, not me). Don't know where the SE prices come from - the last sale seems to be for $8.5m in July 2019 (public administrator sale**)

* https://streeteasy.com/sale/1368934
** https://nypost.com/2019/03/16/beloved-west-village-eccentric-leaves-behind-25m-town-house-empire/

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Response by MTH
about 1 year ago
Posts: 572
Member since: Apr 2012

@Aaron2 How wonderful - restores my faith in humanity

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Response by Rinette
about 1 year ago
Posts: 645
Member since: Dec 2016

I appreciate that this property is nestled, instead of perched.

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Response by multicityresident
about 1 year ago
Posts: 2421
Member since: Jan 2009

That property looks lovely. Another interesting townhouse that is on the market again is the Ellen Biddle Shipman house at 31 Beekman Place, asking $32M: https://streeteasy.com/sale/1723563

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Response by multicityresident
about 1 year ago
Posts: 2421
Member since: Jan 2009

*21 Beekman Place.
Of note, it is also "nestled."

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Response by MTH
about 1 year ago
Posts: 572
Member since: Apr 2012

The skill and wealth it takes to display such polish is impressive which is the point, no doubt but I sort of love the before pictures. It would've been interesting to apply a light touch to the design. And hey, vive la difference.

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