Discount to ask price

I would go for 5-7% . . . that it what I recently sold at and bought at

is 5-7% where you transacted versus the ask price or where you opend the bidding?

transacted in both cases. Started off not to far from there; I have found that the "big cuts" on both sides tend to turn both sides off. Maybe go in with first bid at 10%-12% off, or around $975-990K, but don't budge too much.

thanks, kind of want to pay $999k to avoid mansion tax

over 1k/square foot? Better be very nice in this market and in the west village....sounds overpriced honestly for any part of the city.

1K is the going rate; most high end apts are now in the 1200-1400 range; just check out the listings on streeteasy

one thing to keep in mind - condos are generally over 1k and co-ops vary. Make sure to differentiate between rates for condos versus co-ops. It would be like comparing apples to oranges.

Why does it need to be in the west village? What's so great about that raunchy hell hole?

apt is in upper west side, co-op

lowball, baby!

how far up west - b/c that also depends! if you go past w. 80s that is different than w 60s/70s which is more expensive. Also the further west, the more flexibility you would have.

70's btw cpw and columbus

this sounds obvious, but check comp sales in a street easy search in 60s & 70s btw cpw & columbus. Use price per square foot as a measure and if the seller's broker laughs b/c they feel the offer is a lowball, show them them the research on ACTUAL recent sales.... not simply listing prices.

that's one of the most expensive areas - keep that in mind!

That's a really nice area, good luck with the lowballing

I only suggest lowballing if the comp sales warrant it.

I dont want to lowball but also dont want to open my wallet at the full offered side, just want to get a fair deal for me and my family

Post #9 - The Village totally rocks...