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Big Reveal: What's the Ask on This Penthouse With Potential?

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And now, the results of this week's PriceSpotter asking price guessing game!

Location: 29 West 15th Street #PH10F
Asking: $875,000

A 750-square-foot penthouse in need of some TLC, albeit one with a roomy private roof deck. A tricky one! Our PriceSpotters should have gone with their gut. Several guessed it's worth in the $800s, but added that the asking price is probably north of $1 million. Not so! One even wrote, "If you are searching for a project with potential offer $875k. Likely asking $1m." Sorry, royal.77, the judges cannot accept that answer. This place was listed for $1.1 million in 2008, so why is the seller more motivated now? Maybe it has something to do with the 30-story condo building possibly coming next door.
· Listing: 29 West 15th Street [Elliman]
· What's the Ask on This Penthouse With Potential? [Curbed]