181 East 93rd, 4G

Did you see the listing? It was originally priced in the 800's. The broker dropped it to $475K to drum up a ton of interest.

Saw it but the apartment below sold for $713 a year ago and they are getting that today. What's up?

well if this sells for $575K, wouldnt that be a drop?

That's my point, not selling for $575, got an offer with a 7 handle.

ah, i mis-read. thought you meant they got an offer 100K above the $475K asking price. i guess someone loved the place and the broker's strategy worked. they'll probably milk this success story for all it's worth.

Good properties in good locations are holding up OK. Down about 10% from peak based on what I have seen. The properties being hammered for 25% and more are either in bad shape, have high maintenance, fringe neighborhoods, or are in new dev condos which were ridiculously priced and fetched those prices due to lax lending standards. Nice co-ops on great blocks under a mil are holding their own.

Its a 2 bed bezst guess 900+ sq ft - small narrow kitchen , split bed layout both beds good size. small bath, dropped from $850K. broker priced at $479K to create bidding war. It was ok. but if you needed a two and couldn't afford before then $579K would be a price. seller second home their trying to dump it. plust brokers at OH very full of themselves . will be touting this deal for the next six months to prove there's still a market.

I wish brokers snapped out of this mixture of denial and verbose mendacity.. everybody is welcome to voice their opinion.

Whatever happened to the Market going down? it's going down a lot, just read the many threads that detail it or maybe the NYT.

If you can't read, how can you type?

Patricia Levy is one of the most grating brokers that I have ever encountered. If you want to burst her bubble, ask her how her listing at 170 East 79th is coming along.

I find it hard to believe that apt will sell above $700K. What makes you think she's telling the truth?

I find it hard to believe that apt will sell above $700K. What makes you think she's telling the truth?

I find it hard to believe that apt will sell above $700K. What makes you think she's telling the truth?

The unit was mediocre. The floors were surprisingly uneven (if you dropped a ball, it would start rolling to one end of the bedroom. Same was true in the kitchen). To top it off, the brokers were really annoying about submitting bids. I can't imagine the >700K bid story being true.

I don't know my friend tried to put in a bid of 600K and she was told there were higher bids and she should think of putting something in with a 7 handle. The apartment below that sold for 713 was in great condition. I agree this one would have needed a lot of work. I'm at a loss....

getting an offer and closing are two different things - for one they allow 10% financing so I'm wondering how 'good' the offers are. I think you'd have trouble getting financing at 10% down on a $600/700K purchase and wondering how many of the offers we're 20% or higher on the down. Agree that the apartment is not in that great of shape -- my guess it will close under $600K. Your friend should put the bid in anyways if interested - not a deals are based on the highest offer - they'll be based on the strongest buyer financials. btw - the brokers on the unit are the absolute worst.

The listing is still active with another OH on 3/8 - guess you didn't have to get in those offers by 3/2 - maybe they didn't get any???

does anyone know what this sold for? it is in contract