Co-op of the Day: 801 Union Street #2
The owners who are selling this second-floor co-op at 801 Union Street claim that the offering price of $825,000 is less than all the brokers who keep calling them say it’s worth. We’d agree. We suspect most brokers would be trying to pawn this two-bedroom off in the high $900,000’s. Given the location (steps from…
The owners who are selling this second-floor co-op at 801 Union Street claim that the offering price of $825,000 is less than all the brokers who keep calling them say it’s worth. We’d agree. We suspect most brokers would be trying to pawn this two-bedroom off in the high $900,000’s. Given the location (steps from Union Market) and the charming original detail, $720 a foot seems like a good deal to us, especially since the maintenance is only $636. Would you agree? Anyone make it to the open house yesterday?
801 Union Street [FSBO] GMAP P*Shark
Facade photo by Kate Leonova for Property Shark
Aaron,
We saw your property a few weeks ago and my husband and I are interested in it. Can you tell us how to get in contact with you?
Thanks.
the previous posts are from Jan 2008. This is mid June and now I saw an ad for this place on Craig’s list for 750k. So folks, the price is something that people are willing to pay for it, and currently no one’s willing to pay anything. Too bad for the people who bought this at an overhyped price, but real estate is still way too unreasonably priced. The bubble in the city hasn’t burst yet, wait till early or mid 2009 and that’s the time to throw in the hat.
12:02 – you’re good. I just hope it’s worth more than I paid. 😉
-11:28
11:28, we don’t need prayers or pee pee dances. it’s happening. prices are coming down and will continue to do so. not saying that your recent purchase (which is it 06 or 07?) isn’t nice, just that it’s not worth what you think it is (i.e. less than you paid).
for this price, i’m affordin’ brooklyn heights (recent price chop). http://corcoran.com/property/listing.aspx?Region=NYC&ListingID=993603
For this money, I can afford Manhattan. Who are the sellers kidding?
for $875K you can get a brand new condo in mint condition in a similar location:
http://warrenlewis.com/cgi-bin/re/re_show.pl?re_command=show&ID=5738
I am so sick of all you wannabe property owners slamming the price of real estate. The only reason you don’t think these listings are worth it is because you can’t afford it and, while you wait and hope and do the fucking pee pee dance praying prices will come down, you’ve realized you’re out of the fucking game. Move on suckers.
For this money, I’d buy a big big house upstate. Some people are just idiotic.