The Market

Desperate to buy? Try posting a "Condo Wanted" sign

By Jennifer Laing  | September 17, 2014 - 12:20PM

Typically, it’s the broker who advertises an apartment to potential buyers, but desperate times call for desperate measures and New York City’s tight real estate market is leading to some rather creative house-hunting strategies. Take, for example, this eye-catching yellow and red “Condo Wanted” sign spotted recently on the Upper West Side by the neighborhood blog West Side Rag. The buyer is searching for a large studio or small one bedroom in any condition as long as it includes a balcony, private deck or yard, for around $500,000—a tall order, indeed! Still, if he/she were a bit more flexible, one of these apartments might fit the bill:

This studio for $500,000 in a prewar elevator building at 155 West 71st Street has a sunken main room and a separate dressing area, but the outdoor space is a shared roof deck.

Another one-bedroom condo in a walk-up building at 105 West 77th Street has high ceilings, a decorative fireplace and built-in storage. The roof deck, though again shared, offers views of the American Museum of Natural History.

At $515,000, this one-bedroom condo in a doorman building features wide-plank floors and a new bathroom, but it’s located further north at 300 West 110th Street and the outdoor space—a garden—is, once again, shared.

If the buyer were willing to consider a co-op, this one-bedroom in a pre-war elevator building at 269 West 72nd Street could be a home run. It's in mint condition, boasts a 400-square-foot private terrace and is priced right at $539,000.


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