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Manhattan Loft Guy

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Manhattan Loft Guy

99 cent pricing on eBay leads to $400/ft under-pricing by FSBO loft seller in Noho

Feb. 12, 2009
I came across a FSBO loft listing on NYTimes.com this week for 718 Broadway #6B, which at that time was asking a rather conventional $1.295mm for about "1,400 sq ft". It caught my eye because FSBO lofts in Manhattan remain quite rare.

FSBO loft in unusual location offers artist provenance + park views

Dec. 21, 2008
The December 2007 sale of #3AB at $1,100/ft provides some hope to this seller of #3CDE, trying to sell a (nearly) "unique" Manhattan loft in a non-loft neighborhood. Any buyer will want to beat him up about the difference in The Market from one December t

no country for old FSBOs? no Manhattan lofts above $1mm

Sep. 12, 2008
Searching in the range of $1mm to $5mm, NYT has 742 Manhattan loft "listings" (more on that below), none of which are offered for sale by owner (other than one offered by a broker selling her own loft, which is not really a FSBO). Not one. Perhaps that is

new contract at 130 Watts Street after 3 months, old contract at 125 Watts in 2 weeks

Jan. 27, 2008
Manhattan lofts at 130 Watts Street and 125 Watts are in contract; the first yesterday after 3 months, the second last month after 2 weeks of being a recovered FSBO.

no loft FSBOs for the Holidays

Dec. 13, 2007
The NY Times real estate website has 677 “listings” for lofts in Manhattan between $1mm and $5mm. Not all of these are real, of course, as some are open listings for new developments posted by agents scamming for buyers, and some are likely to be ‘n

38 Warren finds agent + contract

Nov. 28, 2007
The Manhattan loft 8A at 38 Warren Street (The Keystone Building) is in contract as of this week, after only 4 weeks of marketing by Paddington Zwigard and Beth Hirsch of BHS. They were asking $1.55mm and $1,393/mo (condo) for “1,248 sq ft” and I hit

125 Watts is FSBO no more

Nov. 27, 2007
The Manhattan loft at the 4th floor at 125 Watts Street was profiled as a For Sale By Owner open house six weeks ago, but has just been listed with Beth Bongar and Patty LaRocco of PruDE. The price while a FSBO was $1.795mm; now it is $1.835mm. The size a

FSBO open house at 125 Watts

Oct. 13, 2007
Tagged with: for sale by owner, fsbo, watts



125 Watts Street #4
$1.795mm and $1,975/mo for "1,829 sq ft" of "authentic Tribeca loft" with exposed beams and columns, 10 foot ceilings and at least some infrastructure for central air. The 12 windows give sunset views, though most are north. [update 11.28: this is now listed through Beth Bongar and Patty LaRocco of PruDE for $1.835mm]

The building was converted to a condop four years ago. The listing description for the 3rd floor, which sold 3 years ago, is still on Corcoran's website. That shows a classic Long-and-Narrow foot print, with all the plumbing concentrated on the east end, near the entry. As hinted at by the status of condop, Corcoran noted that shareholders receive income from the commercial tenant on the first floor.

The buildings across Greenwich Street to the west are 5-stories, but most of the next block to the west (between 125 Watts and the stunning river views) was bought by a LLC 19 months ago for $29mm. I don't know what the plans are to develop that block on West Street are, but if they have been made public I bet this owner/seller knows.

Open House Sunday Oct 14 1 - 2:30

(C) Sandy Mattingly 2007

where have all the loft FSBOs gone? nary a two on NYTimes.com

Jul. 9, 2007
Manhattan loft FSBOs are very rare One of the topics on my personal gotta-blog-about-that list is based on that NY Times article a month ago about how for-sale-by-owners (FSBOs) in Madison, Wiscon... [Read More]