new at 347 W 39 / confidence abounds, with terraces

Scott Hustis and Mark Jovanovic of Corcoran did, about #13N at 347 West 39 Street. They are asking $1.375mm and $1,480/mo for “1,300 sq ft” that has 3 exposures, 2 terraces, but no floor plan (yet?). No pictures show the terraces.

There are only 3 interior pix, 11 foot ceilings, no bragging about the kitchen (unless you count “open … with breakfast bar” as bragging) but 50 feet of atrium-style windows and – did I mention – no floor plan (yet?)? It is set up as a 1 bedroom said to be convertible to a 2 bedroom but it is hard to assess this without a floor plan (maybe there is one coming).

next door had some view issues
I saw #13E when it was offered for sale from mid-2006 through mid -2007. It was said to be “1,400 sq ft”. That unit was also a 1-bedroom-convertible-to-2, with a bath they bragged about, 3 exposures, and 45 feet of windows. After a long time on the market and a few price changes, it closed in October at $1.24mm, $65k above the last asking price.

As I recall, there was an immediate threat to one of the exposures (east?) from a hotel or other tall development right next door. If I am right that the threat came from the east, #13N may also be at risk of shrinking exposures.

confident agents put it on the line
As they say “Due to the Price and Special Design of this Space, this will sell quickly”, despite being a bit smaller than #13E (“100 sq ft”) and a bit more expensive ($135k) than #13E’s clearing price; perhaps the terraces account for that. The seller will know soon if they are right; it will take us just a little longer to figure it out.

© Sandy Mattingly 2008