Month: October 2014

the ‘complete transformation’ does not explain 28% gain over 2010 for 312 East 23 Street loft

this broker babble is accurate, but …? You’d be forgiven for thinking that the reason that the “1,200 sq ft” Manhattan loft #7B at 312 East 23 Street (the Foundry) just sold for $1.24mm after having been purchased in July

Posted in lofts in other neighborhoods Tagged with: , , , , , , ,

did an ‘upgraded’ kitchen add $750,000 to way West Village loft at 380 West 12 Street?

21 months, that improved kitchen, a new bedroom, and those $750,000 between sales Unless you know the Before and After details (I don’t), the recent sale of the “1,400 sq ft” Manhattan loft #2E at 380 West 12 Street (in

Posted in Loft neighborhoods - West Village Tagged with: , , , , , , , , , , , , ,

did a rising tide sell 250 Mercer Street mini-loft, unsold in slack of 2013?

finding the right price at the right time for a Manhattan loft sometimes takes time Asking $630,000 for the tiny (“600 sq ft”) Manhattan loft #B1507 at 250 Mercer Street was too high a price in 2013. Heck, even $599,000

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Flatiron loft gains 71% over 2010, 5% over ask, for no apparent reason

Manhattan lofts with outdoor space sometimes do weird things The “1,280 sq ft” Manhattan loft #2W at 11 West 18 Street that just sold for the very crooked number of $2,101,111 was purchased by these recent sellers in October 2010.

Posted in loft neighborhoods flatiron Tagged with: , , , , , , , , ,

did Tribeca Summit loft get slammed for being second floor?

or, is there another explanation for breaking the comps at 415 Greenwich Street? This looks pretty good at first blush: the “2,276 sq ft” Manhattan loft #2C at 415 Greenwich Street (the Tribeca Summit) sold on September 4 for $4.545mm,

Posted in loft neighborhoods tribeca Tagged with: , , , , , , , , ,

condition trumps location, earns $1,875/ft in busy corner of northeast Tribeca

not quite a million over 2007 purchase The “1,200 sq ft” Manhattan loft #15C at 395 Broadway that just sold at $2.25mm has seen some upgrades since it was bought by the recent sellers back in April 2007 at $1.295mm,

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quiet & “quintessential” northwest Tribeca loft in move-in condition sells at $843/ft

… so, of course there’s an explanation (there are hints in the broker babble) The raw numbers associated with the three-week old sale of the Manhattan loft #3W at 466 Washington Street yield a stark equation: “3,500 sq ft” + $2.95mm = $843/ft. There

Posted in loft neighborhoods tribeca Tagged with: , , , , , , , , , , ,

huge Flatiron coop loft sale at $1,435/ft proves there is no accounting for taste

some very un-loft-y elements here at 73 Fifth Avenue Let’s start with the floor plan of the “3,100 sq ft” Manhattan loft #5B at 73 Fifth Avenue that sold for $4.45mm down at the bottom of Flatiron (northeast corner of

Posted in loft neighborhoods flatiron Tagged with: , , , , , , , , ,

Gilsey House loft seller disappointed in setting building record at 1200 Broadway

… and in getting only 62% above 2010 purchase price Not many folks would be disappointed by beating the building record on a dollar-per-foot basis by about a quarter, but the listing history of the “1,850 sq ft” Manhattan loft

Posted in loft neighborhoods nomad Tagged with: , , , , , , , , ,

massive headline fail over first flip at One57, by folks who should know better

not chump change, but the actual gain is neither “close to $4mm” nor “$3.5M profit” Hat tip to The Real Deal blog yesterday for linking to Thursday’s New York Daily News report about the first unit to flip at the media magnet

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