Tag: Rational

unsold 3 times at $1.795mm, 4 West 21 Street loft finally sells at $1.915mm

  hard for StreetEasy to follow the bouncing ball Different day, same (similar) story as yesterday. The folks who just sold the “1,518 sq ft” Manhattan loft #3D at 4 West 21 Street in Flatiron for $1.915mm made sporadic efforts

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another irrational sales sequence, as 250 Mercer Street mini-loft sells up over 2011 …

  … down under 2007, with a (cruel) twistIt is a truism that individual sales don’t have to makes sense, even in the rational market of lore and legend. Nor do sequences of sales of individual Manhattan lofts, as like

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market different in 1Q13 over 4Q12, says 107 West 25 Street loft, sold after (unnecessary?) price drop

don’t question what worksCouple of things about the “1,475 sq ft” Manhattan loft (with “500 sq ft” terrace) #2B at 107 West 25 Street that recently sold for $1.785mm:  it did not sell during the last quarter of 2012 from

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a(nother) tale of two lofts, as 121 West 17 Street twin sells right in line

  is $25,777 a reasonable premium for one floor higher?If the “1,135 sq ft” Manhattan loft #6D at 121 West 17 Street that just sold at $1,300,777 looks familiar that’s because you are thinking of its twin one flight down,

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45 Lispenard Street loft takes a year to sell at small discount to ask, 11% premium over Peak

  ‘tis a puzzlement The Market just loved the “1,800 sq ft” Manhattan loft #5E at 45 Lispenard Street, as we see from the fact that it sold on April 25 at $2.2mm after selling at near-Peak for just $1,988,500.

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not a seller’s market at 100 Greene Street, as loft sells under 2007 and 2005

  neighbors weep I don’t get this one: the same “2,000 sq ft” Manhattan loft in very prime Soho on the 2nd floor of 100 Greene Street that sold for $2.5mm in May 2005 and for $2.633mm in November 2007

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73 Worth Street loft goes a little above ask, a lot above 2010 (of course)

  doing the Buy Low, Sell High thing I never tire of these stories: a Manhattan loft with a past sales history that says interesting things about past market conditions, or buyers/sellers who achieve the real estate ideal of Buy

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25 Murray Street loft slow walks through market, takes 7 months to deal at small discount

  inefficiency is maddening The “1,850 sq ft” Manhattan loft #6E at 25 Murray Street (Tribeca Space) recently sold for $2.145mm, at a tiny discount to last ask, less than a 5% discount to the prior ask, and less than

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loft at 217 West 19 Street dances to 13% gain over Peak

  another Beat The Peak contestant, not an April Fool’s Day fool The “2,400 sq ft” Manhattan loft on the 9th floor of 217 West 19 Street is a worthy Beat The Peak, as it was sold for $4.4mm on

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small 250 Mercer Street loft sale suggests seller got great deal in 2011

unless you think market is up 21% in 2 yearsI am 98% certain that if you look at the 2012 listing photos for the “850 sq ft” Manhattan loft #A301 at 250 Mercer Street you will find that this mini-loft

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