Greenwich Village Price Drop

Posted by urbandigs

Fri Mar 31st, 2006 09:35 AM

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A: For a buyer with a 800K budget looking for a large and sunny 1BR in a full service building in Greenwich Village that is at least 850+ Sq. Ft. with monthlys under $1,000 could be tough. Lucky for you a recent price drop at The Lawrence House on 79 West 12th Street brought a sunny 1BR down to $799K.

The seller of this property looks 'ready to go' after almost 5 months on the market as a price reduction 3 days ago brought this property down to $799K. Some of the reasons I bring this to your attention is that it is in a great location where values are hard to find, is a large 1BR that can be converted to 2BR, in a full service building with landscaped roofdeck, and has monthly's under $1,000. Put it all together and a aggressive bid might get someone a great deal! Here are the details:

79 West 12th Street; Apt. 5F

Size: 888 Sq. Ft.
# Beds: 1
# Baths: 1
maintenance: $967 (Reasonable for apt. size)
Asking: $799,000
Price Per Sq. Ft.: $900
Originally Priced: $859,000 on 11/10/2005
Marketed By: Guy Abernathey of Corcoran


5F Floorplan


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Here is another attractive listing in Greenwich Village which offers a set back terrace; you know how big I am on outdoor space in NYC as a selling point. Slightly more expensive and smaller than the above referenced apartment:

101 W 12th Street: Apt 16G Marketed By Rochelle Bass of Bellmarc Realty


Good Luck & Always Remember The 5 Ingredients For Real Estate Success:

1. LOCATION
2. RAW SPACE
3. NATURAL SUNLIGHT
4. REASONABLE MONTHLY EXPENSES
5. BUILDING AMENITIES & OUTDOOR SPACE

...now if you can just get all of this at a good price point!


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