Tag: Investor

most patient sellers in the world sell 15 Broad Street loft after 3 years

one boat, in a rising tide… The “1,420 sq ft” Manhattan loft #2904 at 15 Broad Street (Downtown by Starck) that sold for $1.51mm on September 18 had been first offered for sale in December 2011 at $1.5mm and was

Posted in loft neighborhoods fidi Tagged with: , , , , , , , ,

Tribeca loft sale at $432/ft shows 7-figure discount for rent stabilized tenant

investing in occupied Manhattan lofts is not for the faint of heart The recent sale of the  “1,875 sq ft” Manhattan loft on the 4th floor at 158 Franklin Street was arm’s length, after being publicly marketed. (It came out

Posted in loft neighborhoods tribeca Tagged with: , , , , , , ,

schizo seller succeeds with 224 West 18 Street loft by zigging, then zagging

success, but no points for styleThe “2,002 sq ft” Manhattan loft #7C at 224 West 18 Street just sold at a very, very small discount from the asking price, so that’s an impressive bit of work. But I am intrigued

Posted in loft neighborhoods chelsea Tagged with: , , , , , , , , ,

2011 new development loft, nicely flipped at 23% at 16 West 21 Street

take the money and runOne never knows what condo investors plans are, as some people who intend a quick flip end up being constrained by market forces working against them and others who plan on a longer term take opportunistic

Posted in loft neighborhoods flatiron Tagged with: , , , , , , ,