Feb. 6, 2008 - does 48 East 13 Street have 92% of it all?

price drop within 3 weeks
I hit unit 3B at 48 East 13 Street when it was new to market, asking on January 16 48 E 13 new but does it 'have it all'? because the headline was "dramatic triple mint loft has it all”. Being the skeptic that I am, I checked and – in that January 16 post – provided some reasons why this loft might not quite have it “all”.

At that point there was no floor plan no the web (there is now), so I was unsure about the light, especially in the 2d bedroom. Turns out that the 2d bedroom is in the front, so it probably has better light than the master, which is pictured with the shades drawn. (Were the living room pictures taken on a foggy day??)

quick move
Turns out that this loft did not, quite (yet) have it all (unless “all” includes a price drop). They dropped the 3 week old original price of $3.1mm today to $2.85mm, with $2,108/mo for “2,300 sq ft”.

little direct comp info
I touched on the (lack of) building price history in that January 16 post, as well as the quirk that the building behind this one (fronting on 12^th Street) seems to be part of the same coop but has very different valuations.

Let’s see if The Market thinks that #3B – with all it has – is correctly priced above $1,250/ft.

open house Sunday, February 10 from 11 - 12:30 PM

[update 12.5.08: For the later (and closing) history of  48 East 13 Street #3B, see December 5: find the number, hit the number / 35 East 12 Street closes.]

© Sandy Mattingly 2008