"Hard to read too much into a single unit that is priced below comps. There are a few clues if you look at the listing - first, the unit appears to look directly into the Manhattan Bridge approach, so there may be noise and smog issues that wouldn't apply to a higher unit; second, the ad mentions that the apartment was never inhabited. This screams either distressed investor or change in circumstances (relocation, divorce) necessitating a quick sale. One thing's for sure - I certainly wouldn't bid ask! Also, soooo not 800 feet." [Curbed PriceChopper: J Condo Unit's Nosedive]
Filed under:
Loading comments...