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Three bedrooms in a prewar building in The Heights for $800,000? Sounds like a good deal—at least on the surface. Unfortunately, the surface is as far as this listing at 61 Pierrepont Street lets you go. There’s not a single interior photo of this sponsor unit. The lack of disclosure combined with the fact that the unit just received a $65,000 price cut after three weeks on the market doesn’t inspire confidence in the state of the apartment. (Plus, sponsors aren’t known for the quality of the renovations in general.) Anyone seen it who can shed a little light?
61 Pierrepont Street [Corcoran] GMAP P*Shark


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  1. I would not even want to buy a one bedroom without one-and-a-half baths. Of course New Yorkers have no standards, they would share a bath down the hall with the neighbors, they would pee in a chamber pot.
    We get the kind of housing we demand.

  2. Okay, you got me, 1:21. Corcoran rarely overprices their apartments. Go surf Streeteasy and compare how many of their listings get reduced in price versus how many sell above ask.

    1:08/1:24/Ms. Negron – the fact that you said “clearly if this were fully renovated it would cost at least 1.2 million” pretty much explains why you don’t understand anything. You really think this is worth $1,143 per sf even after a gut reno? Better take a reality pill, dude.

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