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250 w. 90th

Started by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006
Discussion about
This apartment has been on the market for quite awhile, but has not sold. It is in a great location, seems to have a nice layout, and seems to be offered at a fair price in this market. Any thoughts as to why it has not sold? The link is: http://www.streeteasy.com/nyc/sale/43141-condo-250-west-90th-street-upper-west-side-new-york
Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

No clue, but the price seems a bit high to me in light of the $2K for maintenance/taxes each month. (Your post makes you sound like you are the listing broker by he way).

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

I am not a broker at all. Just very curious, because I am now starting to think about possibly looking (unsure, of obviously) of buying a 2 bedroom, and I love the upper westside. Just doing some research, before I start talking to brokers.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

It might not be selling, because it is not in Maison East - the best building ever!

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

That is an attractive apartment with nice views & a terrace. A good real estate attorney should be able to advise you & uncover any hidden problems, no? Good luck.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

Ceilings look low and the carrying costs are high for that size apt. I think you can get more for $1.4M on the UWS. Just an opinion though.

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Response by realestatejunkie
about 19 years ago
Posts: 259
Member since: Oct 2006

Priced at least 100k too high..also at the price range being quoted folks can come pretty close to buying brand new construction at the Ariel.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

pbrohn, I am not sure that I agree. It seems fairly priced for the vicinity. It has a balcony. It is in a building that is seemingly relatively new. The Ariel is in a much crappier part of b'way, and much much more expensive.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

I think it is clearly overpriced. Decent sized 2BR condo's on the UWS do not stay on the market for 200 days if they are fairly appropriately. For that price, the taxes and common charges better be low, an they are actually on the high side.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

Original poster here. #9 you make a really good point. In that from what I have seen, although we are supposedly in a slower market, there are still properties moving a lot faster then 200 days!

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

200 days on the market means something is up. Maybe it is time to go in and through in a low, but reasonable offer.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

That property was on the market about 1 1/2 yeats ago as well. Here is original listing http://www.olshan.com/property.php?id=145038 (don't know how to make links). Something is up there other than the overpricing.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

The place had different furniture in the link in #12, so maybe the current owner made a big mistake by paying ask then ($1.339) and is now trying to just get their money back by sticking with $1.4M (they would still take a loss after paying the broker fee). Either way, I think it was overpriced then and now.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

I dunno something still does not add up. A 2 bed, 2-1/2 bath apt. with a separate dining room, a terrace and a seemingly open view in a doorman building that has a gym, pool, and the rest seems fairly priced at $1.4MM. Everything else in that price range seemingly only has 2 baths and/or no dining room and/or no view and/or worse location, etc. Something else has to be up with this. Maybe it's the building.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

Gosh you could probably get a 5br penthouse in maison east for a $1.4MM!!

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

Go back to your stupid Maison East postings - there are several of them of course. Why do people insist on lauding this building? It's an apartment building for the love of god, grow up.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

I agree with #14 (and #16 too, btw) that still something does not add up. There very well may be something amiss with this building.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

I wonder if it has a demanding, 'posh' board? I'd be curious if you were to call the listing agent & see what you're told. Remember to filter what's said but it could be an interesting converstation. You're not working with a broker, apparently.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

It looks like a condo, so no board approval would be necessary. My guess is that the building has a really high flip tax.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

Could a high flip tax deter the sale to this extent?

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

It also sits above a HUGE grocery store...

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

What "huge" grocery store are you talking about? The Gristedes is across the street on the SW corner.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

There is a Food Emporium at the base of the building fronting Broadway. There is not Gristedes there or nearby.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

Whoops. Thought I was posting in the string for The Columbia at 96th and B'way. My bad.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

This has not sold, because anything north of 86th St. on the West SIde is considered undesireable.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

#25, please take your misinformed insults somewhere else. Why would you spend your time typing a comment that is demonstrably false?

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Response by anonymous
about 19 years ago
Posts: 27
Member since: Apr 2007

I see that this now in contract. I still don't get why it took so long. Either there is something skecthy about the building or there is a big flip tax.

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Response by anonymous
about 19 years ago
Posts: 311
Member since: Mar 2007

To #25 - what are you on??

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