Thursday, January 21, 2010

Cutting condo prices by 20 percent on East Second Street

Back in November, we took a look at the new million-dollar condos hitting the market on East Second Street between Avenue B and Avenue C.... there were five units, ranging then from $1.2 to $1.9 million...

You remember 229 E. Second St., it looked like this...



And now...



In any event, the price of each unit was just chopped by anywhere from 10 percent to 20 percent... as StreetEasy (and Trulia) shows... the priciest of the units has dropped to $1.61 million from $1.98 million... ... what to do with that extra $380,000?

Well, they look like great homes...



...so close to the trash-strewn lot next door (one of my favorites)...



...and the busy fire station directly across the street...

Previously on EV Grieve:
Million dollar condos hit the market on East Second Street

229 E. Second St. sprouts a roof deck

3 comments:

MA Shumin (馬淑敏) said...

I have been living in Alphabet City since 1992 and remember well how the neighborhood used to look back then ....

EV Grieve said...

Hi MA. Thanks for the comment.

Melanie said...

This part of the hood has a great character of it's own.