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I found a co-op in Bay Ridge listed for $199k. After some research I noted it sold back in October 2007 for $110k. Considering the economy/housing market in the past year, I cant believe a co-op would have appreciated 80%. I was told some renovations were done, but come on 90k’s worth? I’d like to hear what this community has to say. I like the place but I wonder how much would to a low-ball offer?

Thanks,