this broker babble is accurate, but …? You’d be forgiven for thinking that the reason that the “1,200 sq ft” Manhattan loft #7B at 312 East 23 Street (the Foundry) just sold for $1.24mm after having been purchased in July…
Tag: Renovation
the ‘complete transformation’ does not explain 28% gain over 2010 for 312 East 23 Street loft
Tagged with: Bidding War, Broker Babble, Building Record, Competition, Comps, Neighbor, Renovation, streeteasy index
did an ‘upgraded’ kitchen add $750,000 to way West Village loft at 380 West 12 Street?
21 months, that improved kitchen, a new bedroom, and those $750,000 between sales Unless you know the Before and After details (I don’t), the recent sale of the “1,400 sq ft” Manhattan loft #2E at 380 West 12 Street (in…
Tagged with: Bathroom, Comps, Empire State Building, Kitchen, loggia, Neighbor, Renovation, River, Shower, streeteasy index, Terrace, Views, waywest, West 12
did a rising tide sell 250 Mercer Street mini-loft, unsold in slack of 2013?
finding the right price at the right time for a Manhattan loft sometimes takes time Asking $630,000 for the tiny (“600 sq ft”) Manhattan loft #B1507 at 250 Mercer Street was too high a price in 2013. Heck, even $599,000…
Tagged with: Broker Babble, Buyer Psychology, Competition, Comps, Light, Mercer, Mini Loft, Neighbor, Renovation, Views
Flatiron loft gains 71% over 2010, 5% over ask, for no apparent reason
Manhattan lofts with outdoor space sometimes do weird things The “1,280 sq ft” Manhattan loft #2W at 11 West 18 Street that just sold for the very crooked number of $2,101,111 was purchased by these recent sellers in October 2010.…
Tagged with: 2010, Comps, Kitchen, Miller, Neighbor, Outdoor Space, Renovation, Skylight, streeteasy index, Terrace
condition trumps location, earns $1,875/ft in busy corner of northeast Tribeca
not quite a million over 2007 purchase The “1,200 sq ft” Manhattan loft #15C at 395 Broadway that just sold at $2.25mm has seen some upgrades since it was bought by the recent sellers back in April 2007 at $1.295mm,…
Tagged with: 2007, Bathroom, broadway, Broker Babble, Canal, Comps, Floor Plan, Kitchen, Layout, Neighbor, Renovation, streeteasy index, Traffic, Washington
quiet & “quintessential” northwest Tribeca loft in move-in condition sells at $843/ft
… so, of course there’s an explanation (there are hints in the broker babble) The raw numbers associated with the three-week old sale of the Manhattan loft #3W at 466 Washington Street yield a stark equation: “3,500 sq ft” + $2.95mm = $843/ft. There…
Tagged with: Beams, Brick, Celebrity, Classic, Columns, Floor Plan, Hudson River, Layout, Light, New Development, Renovation, Views
so many Manhattan lofts are ‘outside the box’ for mortgage purposes
… though the New York Times talked more about farmland than lofts, alas There will be a very valuable kernel of truth discussed in Sunday’s New York Times piece, Buying Outside the Box (yes, I can see into the future, so long…
81 White Street loft takes a year to sell as the very not-prime Tribeca loft it is
comping can be very hard in odd micro-nabes like way northeast Tribeca The Manhattan lofts that sell over ask and in mere days hog all the headlines. “Refreshing” is certainly not the word the seller or sales team might associate with the…
74 Fifth Avenue loft celebrates new plumbing rooms by selling 34% over 2007
this Flatiron loft still has crappy light, no views This is a sequence that drives appraisers (and other data-driven Manhattan residential real estate folk) crazy: the “1,900 sq ft” Manhattan loft #4B at 74 Fifth Avenue in central Greenwich Village…
Tagged with: 2007, Central Park, Comps, Light, Park Avenue, Peak, Renovation, streeteasy index, The Jeffersons, Upper East Side, View, Windows
one “painstaking deconstruction” later, 874 Broadway loft sells for 236% of 2009 price
it can be very rewarding to take apart a Manhattan loft Numbers don’t lie: the “1,674 sq ft” Manhattan loft #301 at 874 Broadway (in the lovely MacIntyre Building) that was purchased in needs-a-renovation condition for $1.1mm in October 2009 (after…
Tagged with: 2009, broadway, Conventional Wisdom, Curbed, Renovation, steampunk, streeteasy index, West 29
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