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We’re liking the looks of this two-bedroom, two-bath loft at the Ansonia in the South Slope. In this case, the exposed brick works well in relation to the wood-beamed ceilings of the 1,200-square-foot apartment and the interior courtyard is killer. The new listing—the first open house is this weekend—comes with a price tag of $899,000 and a monthly maintenance of $921. While that’s still $750 a foot, there are several apartments in the building that have sold for more money in the past couple of years.
420 12th Street 2BR [Corcoran] GMAP P*Shark


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  1. If the place was so great, don’t you think it would have already sold after 255 days on the market?

    If it’s simply great, but overpriced, can you tell us why the price was increased right as the entire U.S. economy was on the verge of collapse.

    I wouldn’t want to buy it out of sheer spite that the broker representing the property is so out of their minds that they don’t deserve the commission.

    Moral of the story. The property has not sold because it is overpriced.

  2. I have a memory of hearing that the Ansonia complex has some massive underlying balloon mortgage situation that will hit in a few years – thus causing all the maintenance fees to increase dramatically. Does anyone know if that’s true? It’s possible I’m confusing it with something else.

  3. I’m pretty sure this is also the same property that someone used to “spam” brownstoner with on practically every thread months ago.

    Not really giving much hope that you aren’t a broker, PropJoe.

  4. I’ve owned my apt for 12 years now so, no, I’m not in the market but you all be trippin’ if you think the Ansonia is better. It’s not a better location. PS is so boring on 12th st. 200 more sq ft for $108k less is certainly more appealing not to mention you can be in any brownstone hood in minutes & in Union Sq in 20 minutes flat. The upside is much greater over there

  5. Here is the info from Streeteasy on your apartment, Propjoe.

    First of all it’s been on the market for 255 days.

    Secondly the price on it was INCREASED 3 months ago. Shows just what kind of idiots there are over at Halstead.

    05/17/2008
    Listed in StreetEasy by Halstead Property at $719,000

    10/17/2008
    Price increased to $791,700

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