Tag: Comps

more skirmishing: 58 Walker Street loft zooms through market above ask

what is short and sweet, and worth $1,258/ft?The “1,927 sq ft” Manhattan loft on the 3rd floor at 58 Walker Street had a short and sweet marketing campaign: to market on August 6 at $2.395mm, in contract at $2.425mm by

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21 East 22 Street loft sells after long, painful price discovery

2009 was not such a trough hereThis one has to hurt: not only did the “900 sq ft” Manhattan loft #4F at 21 East 22 Street take 18 months to sell, it sold for a tiny premium over the price

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15 Broad Street loft resellers could not move to Idaho until they accepted what the Manhattan market would give

(could not move their money, at least)I admit it: sometimes I get stuck on trivia when reviewing Manhattan loft sales. In the case of the recently sold at $1.57mm “1,458 sq ft” loft #3230 at 15 Broad Street (Downtown by

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private loft sale at 150 Nassau Street might be an arm’s length deal

or notAlready a Manhattan Loft Guy fave building, the newest sale there is an apparently private, possibly arm’s length deal transferring the “1,793 sq ft” Manhattan loft #16C at 150 Nassau Street from an Inc. to an LLC for $1.7mm.

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were sellers of 21 Astor Place loft more motivated this year, or was market stronger than in 2011?

the numbers say there is a story, but not what the story isThe sellers of the “1,436 sq ft” Manhattan loft #10A at 21 Astor Place gave it a long shot last year, asking $2.25mm almost six months before taking

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price discovery proves to be a female dog for authentic Soho loft at 66 Grand Street

history is longer than it looks on The Master ListBecause I use an arbitrary cut-off of 90+ days off market to re-set the Days on Market calculation on the Master List of Manhattan Lofts Sold Since November 2008, the recently

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10 months + 4 price drops to contract for 124 Hudson Street loft to sell 16% over 2007 but only off 5% from original ask

much ado, much profitThe folks who bought the “2,057 sq ft” Manhattan loft #4B at 124 Hudson Street in April 2007 just sold it for a gain of 16%. That’s nice work. Weird thing is that it took a while

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Bull Moose loft is first post-thaw sale without outdoor space at 42 East 20 Street, up 54%??

it has been a long timeAs my buddy Noah at Urban Digs is fond of pointing out, the ideal way to do comps is to use a recent sale in the same building of a loft of similar scale. That

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Campiello Collection penthouse loft at 151 West 17 Street eventually sells 54% above 2005

eventually can be a long timeYou’ve seen the stats: something like the average American moves every 6 years. The guy who bought the “2,876 sq ft” Manhattan loft #PHE at 151 West 17 Street (the Campiello Collection), with another “1,121

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back to 99 Reade Street to see what the low ceilings on 5th floor support

one man’s ceiling is another man’s floorI had no idea when I hit the recent resale of a 5th floor low-ceilinged loft at 99 Reade Street (September 21, flip city: 99 Reade Street loft sold in 2011 sells again, up

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