Condo of the Day: 20 Bayard Street, Cuts and All

How are sales going at McCarren Park’s 20 Bayard Street? Well, it’s a little hard to tell. If you look on Douglas Elliman or StreetEasy, you’ll see mention of a total of 25 apartments, 17 of which are shown as being in contract. But if you look at DOB records (and use a little common sensethe building’s 18 stories after all), you’ll realize that this represents only about 40 percent of the inventory. So while we prep for the inevitable next wave of listings to hit the market, an effort’s being made to move the existing seven units that have yet to sell. Which is why, for example, a 1,296-square-foot three-bedroom was just reduced from $1,175,000 to $1,050,000. Think it’ll move at that price? Anyone know when the next wave is coming?
20 Bayard Street 3BR [Douglas Elliman] GMAP
20 Bayard Street 3BR [Natefind]
20 Bayard Street [StreetEasy]
Photo by dluther
Feb 15, 2012 | 11:04 AM