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Big Reveal: $1.1M For a Convertible 1BR In the Lower East Side

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Not many Curbed commenters had much to say about this week's Pricespotter property, which is "traditionally a two bed and currently set up as a one bed," according to the brokerbabble. It's located at 20 Clinton Street in the Lower East Side, and it's listed for $1.1 million. Most guesses were in the general vicinity of the asking price, ranging from about $950,000 to $1.25 million. Of the opinions that were voiced, none were positive. Shoeguy summed up the general feeling when he said, "This is what you call lipstick on a pig."

· Listing: 20 Clinton Street, #4A [Corcoran via StreetEasy]
· How Much For A Convertible 1BR Condo In The Lower East Side? [Curbed]
· Pricespotter archives [Curbed]