Notable Price Reductions
A: Another week, another set of price reductions to report over the last 7 days. Last week I noted 127 price reductions for Manhattan, while the past 7 days registers 129 price cuts, only slightly higher than last week's reported totals. Here are a few to keep an eye on.
TOTAL PRICE REDUCTIONS THIS WEEK ---> 129 (2 more than last week)
STUDIO PRICE REDUCTIONS
215 East 73rd Street; Apt. 5G
Size: 625 SFT
# Beds: 0
# Baths: 1
maintenance: $861
Asking: $359,000 (Reduced Twice From $425,000)
Price Per Sq. Ft.: $574
Marketed By: Paula Novick & Laura Gruber of Corcoran
1BR PRICE REDUCTIONS
240 East 55th Street; Apt. PH-C
Size: 800 SFT + Wrap-Around Terrace
# Beds: 1
# Baths: 1
maintenance: $1,463 (High; Read My Post Here)
Asking: $539,000 (Reduced Three Times From $749,000)
Price Per Sq. Ft.: $674 (Excluding Wrap Terrace!)
Marketed By: Howard Spiegelman of Corcoran
2BR PRICE REDUCTIONS
245 East 54th Street; Apt. 11FG
Size: 1,600 SFT (large 2BR)
# Beds: 2
# Baths: 2
maintenance: $2,208 (A bit high)
Asking: $1,395,000 (Reduced From $1.699M)
Price Per Sq. Ft.: $937
Marketed By: Eileen Mintz of Corcoran
BONUS: Future 720 sq.ft. expansion possible ????