A 2nd Deal?
Posted on Tuesday, June 30th, 2009 at 1:24am.It has been only a week since we last mentioned 132 2nd, and they've now got a deal. (Property can still be viewed while in "backup offer" status.)
As you'll recall from "Riches Slip Away," the sellers here have seen a $6m+ deal come and go.
Last list price: $3.795m.
Acquisition price (April 2005): $3.5m.
Do what you have to do, you might get a deal.
That's not the only recent west-of-Highland sale in the Sand Section.
The other is 209 16th, a sorta-duplex listed with SFRs, last at $2.699m. (Property can still be viewed while in "backup offer" status.)
Interestingly, this one, like 2nd, was also acquired in early 2005 (March) for a little less than the most recent list price: $2.535m.
So there's some action near the beach, and we'd bet trades pretty close to 2005 prices, again – assuming they close.
As you'll recall from "Riches Slip Away," the sellers here have seen a $6m+ deal come and go.Last list price: $3.795m.
Acquisition price (April 2005): $3.5m.
Do what you have to do, you might get a deal.
That's not the only recent west-of-Highland sale in the Sand Section.
The other is 209 16th, a sorta-duplex listed with SFRs, last at $2.699m. (Property can still be viewed while in "backup offer" status.)
Interestingly, this one, like 2nd, was also acquired in early 2005 (March) for a little less than the most recent list price: $2.535m.
So there's some action near the beach, and we'd bet trades pretty close to 2005 prices, again – assuming they close.
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