Sale at 55 East 9th Street. why is it not selling?
Started by bugelrex
almost 17 years ago
Posts: 499
Member since: Apr 2007
Discussion about 55 East 9th Street #GDNE
Probably cause you're not getting a penny from a bank unless you've got 120k for a downpayment, a steady job, and credit over 700.
Plus, if the co-op board is strict, you'd probably better have $200k in cash; just in case you lose your job.
Funny, Ardor's still running ads for this one on Craigslist (it's been a FSBO or open listing for months). Guess they didn't get the notice from Halstead yet.
The psychology has totally changed. A tiny place is a tiny place once again, no matter how well decorated or nice an outdoor space, and $599k is back to being a whole lot of money to the people who would even briefly consider it.
And of course it's typical broker bullshit- this place is well under 400sf, yet the listing claims it is 525sf. $1500psf is soooo 2007!