Showing posts with label The Theater For The New City Building. Show all posts
Showing posts with label The Theater For The New City Building. Show all posts

Thursday, October 21, 2010

The Theater For The New City Building is a good investment, probably


The Theater For The New City Building went up in 2001 at 10th Street and First Avenue... well, no reason to get into all that ... On Tuesday, a new two-bedroom home hit the market:

2 bedrooms 2 bathrooms GEM! Tucked away ,you'll find a meticulously design home in one of the most unique boutique condos in the East Village. This expansive and flexible floor plan allows you to live an open-loft lifestyle with all the comforts of a traditional apartment. The sponsor has upgraded the unit with raydoor wall dividers, new hardware and a granite fireplace to sweeten the deal. Both Master and 2nd bedroom are of extremely generous size with and cavernous closets allow for plenty of storage throughout the apartment. Your balcony faces north right of the living room with a quaint and classic East Village view.

Etc., etc., etc.




And it's going for $1.599 million.

I looked at the sales history of this unit on Streeteasy...

2/11/2003 — Previous Sale recorded for $677,500.

02/15/2008 — Previous Sale recorded for $995,000.

10/19/2010 — Listed by Corcoran at $1,599,000.

If my math is correct, which isn't usually the case, then the place has gone up in price 136 percent in seven years...Even with some new "raydoor wall dividers" and stuff... that's quite a jump....

[Top photo via Flickr]