HOTD: Price Cut at 408 Stuyvesant Avenue (Again)

It started at $2.1 million last winter. In the spring it was reduced to $1.95 million. Then $1.85 million in early summer, at which point we wrote,” it seems like it’s still got a ways to go, especially considering the tenant who’s looking pretty comfortable in that sixth unit. Waddya say? $1,600,000? $1,500,000?” Looks like we got that one about right: The price was just cut to $1.55 million over the weekend. Think that’ll be enough to get it done?
408 Stuyvesant Avenue [Corcoran] GMAP P*Shark
House of the Day: 408 Stuyvesant Avenue Revisited [Brownstoner]
408 Stuyvesant Avenue [Brownstoner]
May 21, 2012 | 02:16 PM