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Manhattan Loft Guy

Blog by Sandy Mattingly
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

flipper flips 225 Fifth Avenue #5P quickly, poorly

Sep. 27, 2008
Categorized in: lofts in 'other' neighborhoods
Tagged with: fifth, flip, grand madison, madison square, profit, transfer taxes
The Manhattan loft #5P at 225 Fifth Avenue sold for $965k in the first offering ... February 14, 2007. That original buyer did not wait too long to flip, selling (profitably, clearly) for $1.245mm with a deed filed May 1, 2008. That buyer immediately put
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Chelsea House flipper did not reach for stars, but got out via 6 week contract
Jul. 17, 2008
Categorized in: Loft neighborhoods / Chelsea
Tagged with: chelsea house, clarett, closed, flip, profit, west 19
The sale of the Manhattan "loft" 130 West 19 Street Unit #6B that was reported this week in the inter-firm data base caught my eye as possibly the first flip at the Clarett Group's Chelsea House development.... Next, I noticed it was a pretty quick sale .
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