building at 60 East 8th Street

I would feel comfortable paying $580,000 for an alcove studio.

Judging from the comps I thought it would be lower then that. Then again studios are hard to come by.

10/12/2007 #7J $585k
09/20/2007 #4F $600k
09/10/2007 #11H $530k
04/26/2007 #4G $525k
04/05/2007 #18J $601k
01/11/2007 #6G $539k
05/19/2006 #15H $572k
03/23/2006 #10F $575k

jifjif-that's not stevejhx, it's an imposter. Yes, early last year a studio sold for $539k, should be quite a bit less but I only look at two/three bedrooms so I don't know what's happening with smaller units.

Does anyone know if this condop allows subletting and how liberal it is?
Also, if you buy from the sponsor, does the proprietary lease give you the rights of "Owner of unsold shares" or "Original owner"? Or you just become one shareholder like the others?
Thanks