1 month to contract at 28 E 4, with numerous possibilities, as aggression is rewarded

got change?
The One Bed Wonder (Feb 24: what is a 1 bed wonder?) at 28 East 4 Street #7E has found a buyer after one month on the market. Asking $1.995mm and $1,792/mo for “1,900 sq ft”, this 2 bath unit is described by PruDE’s Abigail Agranat as “open and airy” with “numerous possibilities for change”.

The footprint is classic Long-and-Narrow, with four windows along the long east (unprotected?) side and the plumbing arrayed along the long west wall. With the kitchen and baths conspicuously missing from the measly three interior photos, count the plumbing among the possibilities for change.

aggressive, hardly passive, on price

Agranat just represented #6W in the building, which sold in May as a fully finished (indeed, “splendidly renovated”, of the “highest quality”) loft. That one took all of two weeks to find a contract in January. Consistent with such a quick contract, that one went for the full asking price of $1.795mm.

Adding $200k to #6W’s clearing price for the numerous possibilities (and dollars for renovation) for #7E’s price was a pretty aggressive choice. Signing a contract in 4 weeks seems a reward for this aggression.

© Sandy Mattingly 2007

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