Rent with the Option to Buy! $12.50 per square inch!
Started by stevejhx
almost 17 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
At the Caledonia, right in the heart of the Robert Fulton Houses. Rent for $4,995, down from a staggering $6,800: StreetEasy History 10/08/2008 Listed in StreetEasy by Elliman at $6,800 10/29/2008 Price decreased to $6,000 12/09/2008 Price decreased to $4,995 12/11/2008 Price increased to $6,000 12/13/2008 Price decreased to $4,995 ... [more]
At the Caledonia, right in the heart of the Robert Fulton Houses. Rent for $4,995, down from a staggering $6,800: StreetEasy History 10/08/2008 Listed in StreetEasy by Elliman at $6,800 10/29/2008 Price decreased to $6,000 12/09/2008 Price decreased to $4,995 12/11/2008 Price increased to $6,000 12/13/2008 Price decreased to $4,995 http://www.streeteasy.com/nyc/rental/421197-condo-450-west-17th-street-chelsea-new-york Or buy it for a mere $1,495,000, total Monthly Payment: $14,932. http://www.streeteasy.com/nyc/sale/356137-condo-450-west-17th-street-chelsea-new-york Of course that's DOWN from the initial asking price: StreetEasy History 10/06/2008 Previous sale closed for (insiders only) 10/08/2008 Listed in StreetEasy by Elliman at $1,595,000 10/13/2008 Price decreased to $1,495,000 10/13/2008 Listed in StreetEasy by Corcoran for $1,495,000 Only $1,800 per square foot, or $12.50 per square inch. [less]
Just FYI, 24-karat gold leaf sells for $7.00 per square inch wholesale.
But if course it doesn't have a view of the projects.
LOL @ stevejhx.
The Caledonia - what a DIVE. You should see their website, read under "The Neighborhood." They forgot one giant part of that neighborhood.
Is that a glorified studio? Look at the size of that bedroom - all it will fit is a bed
i'll pay $560k, OK deal?
mazdamp, I'd go look at it first. You'd need to hire a bodyguard to walk to the corner.
"You'd need to hire a bodyguard to walk to the corner."
Steve, is it that bad? That's what I never understood about the hotel on 9th & 17th-16th: Why pay those prices to be across the St from a project?
And yet, I've never had a problem when I'm at Chelsea Market.
Perfect example of what I posted about in the other thread - do people in reasonably priced 1 bedrooms really care that overVALUED (happy happyrenter?) crap like this have large price cuts?
dwell, it's fine along 10th Avenue but as soon as you turn onto 17th Street, it gets scary. Daytime is fine - nighttime is creepy.
I've walked in some nasty neighborhoods before, but that place scares me. Def wouldn't walk home at night.
So fine if somebody wants to live there - but for $14,000 a month?
dwell... .yep... u need bodyguards as people like exit2 will beat up anyone that "looks" more successful .... i.e. bgt $1,600psf condo :)
Steve,
I hear you re: day v. night. I'm not there at night. I have seen cop cars there a few times & believe there was a big drug bust there a few yrs ago. Yet, my old manicurist lives there & she was a doll. But, agree: I won't invest there.