Monday, February 26, 2007

Downtown Condo at Park Blvd East #305

Park Boulevard East is located in the East Village.

This is a pretty standard unit for the building. It's very notable that the list price is less than the developer price at the first and only sale listed. As ICON, Park Terrace and Smart Corner continue to roll out this year the supply in that direct neighborhood will be very interesting.

Type: Listed on MLS(#076001768)

List Price: $464,000
(Range priced $459,000 to $469,000)
Cost: $491,824
Loss@6% Sales Expenses: $55,664
Loss%: 11.32%

Purchase Date: 06/21/2005
Holding Period: 20 months and counting...

Bedrooms: 2
Bathrooms: 2
Square Feet: 1034

Purchase Details: view


Anonymous said...

Wasn't sure if you saw this previous post (if so, ignore it), so I'm posting it again:

Brightside, keep up the good work! You may want to check out The Mills Unit 522 (1642 7th Avenue, Unit 522, 92101). I think this owner's into the property at $525K or thereabouts and it's now range priced for sale at $460K-$499K. It's been on the market for quite some time.

Anonymous said...

Speaking of Park Blvd, the Smartcorner
is now displaying which units are "sold"
in the windows of each unit. No listing agents, just big generic SOLD signs...
Looks like less than half of the building has them on display.