NY Post does a Just Sold at 395 Broadway
another pair of siblings
Following up on the #3A / #3C paid at 16 Hudson Street, the NY Post today provides the opportunity to look at #6C and #13E at 395 Broadway.
I did a post on November 21 about the new contract for Unit 13E (in less than 2 weeks off an ask of $1.475mm) (up + up for 13th floor at 395 Broadway, with quick contract), in which I mentioned an earlier unit in contract in that building (#6C). That unit was just featured in the NY Post Just Sold column today as sold and closed:
One-bedroom, two-bath loft condo, 1,200 square feet, with 12-foot ceilings, open kitchen, raised home office with storage underneath, dining area with built-in shelves and wraparound sideboard, new hardwood floors, sliding doors and washer/dryer. Common charges $550, taxes $653. Asking price $1,375,000, on market five weeks. Brokers: Ari Harko, Halstead Property, and Brown Harris Stevens
good guess on 6C
I hit #6C when it went into contract (Sept 14: in contract at 395 Broadway / noisy edge of Tribeca). I am pleased to see that I guessed right ten weeks ago about where #6C would close in relation to the $1.375mm asking price:
Indeed, they got exactly the asking price of $1.375mm for #6C, which was a pretty good price under my analysis in September. And it only took from July 25 to the contract on September 13, with the closing on November 16.
plus factors for #13E remain
I still think that #13E is likely to have gotten more (in two weeks on the market) than #6C did (in five weeks on the market), though each is said to be “1,200 sq ft”. As I said in that November 21 post:
The hard part will be paying enough attention to note when #13E closes to confirm the clearing price.
© Sandy Mattingly 2007