249 W 29 has a motivated broker/owner
I mentioned 249 West 29 Street #4S in an open house review September 21 (open house review / 7 new lofts from 2.2 to 1.5) when it was brand new to market. My comment then was:
$1.895mm and $1,907/mo for “2,300 sq ft”; nearly square but only one wall of windows, one bathroom; the owner-resident-broker has very little to say (curious); my guess is she has lived here a long time since it was renovated
how motivated? $10k per day
The broker/owner is definitely motivated, as she has dropped the price today by $146k, almost $10k for very day it has been on the market.
The nearly square footprint has plumbing in the middle, so there should be a fair amount of flexibility. Can’t tell if the interesting flooring is stencil or in-lay, but it is interesting. Ditto the ceilings. (The description “artistic detailing throughout” does not answer the question, either.)
building sales history
The entire 11th floor is in contract (“2,600 sq ft”) off an ask of $2.495mm, after having been offered since March, starting at $2.95mm.
I blogged about #2E on September 18 when it went into contract new contract, much space, untold story at 249 W 29 and when it was new in May (new + flipping at 249 W 29 St). As I noted in that May post, #3N sold in February this year, “1,600 sq ft” for $1.42mm (with a “250sq ft” terrace).
© Sandy Mattingly 2007
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