unless you think market is up 21% in 2 yearsI am 98% certain that if you look at the 2012 listing photos for the “850 sq ft” Manhattan loft #A301 at 250 Mercer Street you will find that this mini-loft…
Category: lofts in other neighborhoods
Seaport loft in very old building sells up $10,473 over 2005, neighbors tremble
can’t blame That StormManhattan lofts in buildings with slim past sales histories are, of course, difficult to comp. (If you are a buyer or an appraiser, or a Very Interested Spectator of the Manhattan residential real estate game.) And difficult…
when beautiful things happen to high ceilings / 720 Greenwich Street loft sells big after mezzanine re-do
it’s nice when it worksHow big does the footprint of the Manhattan loft #1J at 720 Greenwich Street (floor plan here) look to you? Put aside for the moment the high ceilings that permit a mezzanine and do the math;…
Tagged with: Alchemy, Ceiling, Greenwich, Lofted, Mezzanine, Peak, Renovation, Tax Uncertainty, Volume, Windows
712 Broadway loft sellers are the very model of modern motivated sellers (and unhappy flippers)
4 drops in 80 days, selling at huge haircutBecause it can be hard to track sales by units in the 2-building coop that includes 712 Broadway and 714 Broadway, there is no sales price associated with the StreetEasy listing for…
Tagged with: Barrel Vault, broadway, Ceilings, Classic, Discount, Flip, Motivation, Noho, Psychology, Renovation
hyper-local market for 18 East 12 Street mini-lofts is up 14% YoY
a head scratcher’s specialIt is an understatement to say that The Market loves the “970 sq ft” Manhattan loft #2A at 18 East 12 Street. In 2011 it took 25 days to find a contract and only 40 days to…
caution: use 75 Ludlow Street loft sale as a comp at your own risk
check the dates and namesTechnically, there has been a single resale at this 2008 new development, with the “1,646 sq ft” Manhattan loft #4A at 75 Ludlow Street having sold last month for $1.6mm. The prior sales here were by…
Tagged with: 2008, Arms Length, Comps, Family, Lower East Side, Ludlow, Neighbor, New Development, Private, Streeteasy
250 Mercer Street mini-loft sells up only a smidge over 2005
that’s $5,000 if you are scoring at homeIn “honor” of the (now begun!) snopocalypse, I had hoped to continue looking at memorably tragic sales this week. (That’s on top of my posts of February 6, 106 Duane Street loft sellers…
Village project lofts at 250 Mercer Street sell at $925/ft with too many walls
did I miss the photo opportunity?The surviving listing on StreetEasy for the “1,500 sq ft” Manhattan lofts #C514 and #C515 at 250 Mercer Street promises “more info to follow shortly… [and] pix next week”, but that was from 14 months…
Tagged with: Ceilings, Combination, Comps, Floor Plan, Mansion Tax, Mercer, Neighbor, Project, Renovation
West Village loft that needs a total build-out sells at 59 Barrow Street for $1,190/ft
and renovation ain’t cheapAmong New York real estate broker babble conventions, to start a listing description “bring your imagination” or “bring your architect” or “create a dream loft” are both common and effective ways to manage expectations. The marketing campaign…
Tagged with: Barrow, Ceiling, Combination Gut, Commerce, Comps, Doorway, First Floor, Ground, Neighbor, Renovation
when bad things happen to high ceilings: 250 Mercer Street loft sells at $650/ft
layout does not lay out very well [edited for grammar and typos] Even for a building that often has sales at relatively low values for the Greenwich Village market, the December 18 sale of the “1,200 sq ft” Manhattan loft…
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