11th stWe got a heads up over the weekend that 41 Monroe Street, which we had certainly expected to sell quickly, received 17 offers in its first week on the market. Originally listed at $799,000, our source tells us that the winning bid was in the high $900k’s! Another example of how underpricing in this market can lead to a feeding frenzy and bidding war.
41 Monroe Street [Corcoran] GMAP
Open House Round Up [Brownstoner]
Open House Picks [Brownstoner]


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  1. I wonder if the Brownstoner effect was in play here?

    Seriously, though, I didn’t see this place but compared to the prices of comparables a couple of blocks west, even $900k seems like a lot of house for the money.