new (last) week / my quintessential One Bed Wonder at 22 W 26 St
the inspiration for my blog category
The loft that I had in mind when I asked what is a 1 bed wonder? had been off the market for four weeks when I posed that question, and used that example. Three days later, it was back (as if by wizardry) at a new price, with a new firm, and a new set of beautiful photos.
Unit 2B at 22 West 26 St is about 2,000 sq ft and has been offered through Vals Osborne at Stribling since last week at $1.975mm.
the over-worked Zen-like is legitimate here
The space has great flow, with many rounded elements, and the largely open layout takes great advantage of the 12 ft ceilings and the 8 windows to the south. If you go, tell me if the master bath’s rounded shower still has a (loose) pebble floor. Word is that the present owners bought the place lock, stock and barrel from the owners who had done the renovation. (That couple was one half contractor, one half decorator; they had the taste, resources and talent to create a very special space.)
But it is difficult space to live in if people are sleeping in more than one bed.
And – like many lofts that were renovated ‘to the nines’ — it will not appeal to many people as a comfortable place for them to live.
how to price a special property?
As I suggested in my original One Bed Wonder post, the sellers had a difficult time determining the market value of the loft. In fact, they started in April 2005 for five months, were off the market for 11 months, then back on for another four. The market did not like their starting price of $2.695mm, or any of their intermediate prices of $2.55mm, $2.275mm or $2.199mm. It should find a buyer off an asking price starting with a “1”.
Zoning 101 needed
I hope Vals is up on her zoning rules. Everyone will ask about the parking lot that is about ten to fifteen feet behind those 8 large south-facing windows.
Open House Sunday 12 – 2
© Sandy Mattingly 2007
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