Ridiculous price for lot of land

Categories: Real Estate

There is a plot of land on the corner of 53rd st and 3rd avenue for sale. Last year some person bought this home, demolished it and I think started to build something. But all of a sudden it stopped. Now that same property is for sale. Doesnt it seem ridiculous for him to ask for 429k just for the lot?

http://www.trulia.com/property/1076368353–Brooklyn-NY-11220

What do you guys think is a “fair” price for just the land?

Suggestions wanted.

By guikazoid | 03/25/2009 11:36 PM