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The listing for this 1,500-square-foot three-bedroom at 75 Henry Street makes a big deal about architectural lineage of its renovation but we gotta say it’s not doing a whole lot for. Nor is the asking price of $1,600,000 which seems very pricey for this building. Most folks who can drop this kinda dough on an apartment in The Heights are going to want something prewar. Granted, we’re sure the views are nice and there’s some cheap parking available, but we’ll be very surprised if this fetches anywhere near the asking price.
75 Henry Street [Douglas Elliman] GMAP P*Shark



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  1. What is the deal with these buildings? I thought they were subsidized for mid income families. In fact I put in an application in 1994. My friend lives there and pays like $800 for a 2 bed (it was originally grandmas).

    Of course they could have turned co-op with insider pricing since I last visited. Just curious?

  2. gemini10, sometimes it’s the agent (ie that’s the lie they sold to the seller so they can get the listing) but when in doubt assume it’s the buyer. Agents know a low price gets the property sold and sold fast vs. a massive asking price just lingers 4ever. Besides, agent’s commission (3% or 1.5% if buyer comes with his/her agent) doesn’t sway that much if the sale prices sways $100k (3k or 1.5k). So other than lying to seller with promises of selling at high prices, agents know a low price is preferable – ie they can churn through more transactions (vs. waiting, waiting,… on a high price ppty)

  3. it looks like a battery park city apt…but in Brooklyn, with no Brooklyn charm.
    The only reason I could see someone buying this over Battery park is if you wanted your kids to go to school in Brooklyn.

  4. Having sold my own 1800 sq foot coop apartment with a “million dollar view” last year in the same neighborhood for $800 psf, i would put the chance at roughly 0% that these clowns could sell this POS at this price. I’d be surprised in they got more than $1MM. What a joke. These brokers are doing a huge disservice to the owner of this place. It will sit, sit, sit and die a slow and painfully stale death.

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