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Tribeca

Started by BigG
over 17 years ago
Posts: 22
Member since: Nov 2008
Discussion about
I just paid 1160 psf in Tribeca. 16% under the ask. i feel pretty good about this as we love the space etc. thoughts?
Response by buster2056
over 17 years ago
Posts: 866
Member since: Sep 2007

Congrats! TriBeCa is sort of all over the place in terms of ppsf, so it's hard to judge, but if you love the place and will stay for awhile, I think you should be fine.

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Response by BigG
over 17 years ago
Posts: 22
Member since: Nov 2008

we do plan on staying for as long as were in the city. also there is a good public school (ps 234 i think) so that will be a cost saver down the road.

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Response by ccdevi
over 17 years ago
Posts: 861
Member since: Apr 2007

1 ppsf is an irrelevant metric in the abstract. i love when people like steve say wake me when its 800 ppsf, as if all properties are the same and deserve a similar ppsf. you could pay 1500 psf for one property and get a steal and 700 psf for another and get robbed. off the top of my head the factors that affect it include ceiling heights, layout, condition, finishes, schools, location, floor, view, light, building amenities, building finances, monthly charges, building status, outdoor space....

2 who cares what we think, enjoy it.

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Response by mh23
over 17 years ago
Posts: 327
Member since: Dec 2007

I would need to know more about the unit and amenities, but if it is for a full service building, and it is a condo, it sounds pretty good.

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Response by BigG
over 17 years ago
Posts: 22
Member since: Nov 2008

60 beach st apt 4c

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Response by waverly
over 17 years ago
Posts: 1638
Member since: Jul 2008

If you are happy and will live there for a while I wouldn;t worry about. Congratulations!

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Response by mh23
over 17 years ago
Posts: 327
Member since: Dec 2007

I think that is pretty good. I know the area well, and I think that where you are is the nicest part of Tribeca. You are close to the river, within walking distance of Soho and the WV, and it is a quiet street on the weekends. I think it will be a nice building, so congrats on your purchase.

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Response by divvie
over 17 years ago
Posts: 456
Member since: Mar 2007

Congrats.
So I was right about getting discounts there.

anything you want to know about tribeca, I am happy to help.

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Response by BigG
over 17 years ago
Posts: 22
Member since: Nov 2008

thanks, that makes me feel better. obviously no one knows where we go from here, but i had to move, andall in all i feel pretty good about how things turned out. we shall see.

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Response by anonymous
over 17 years ago

Any thing available in the area for 1.6mill?I was looking at walker but too dark and tooo far east

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Response by divvie
over 17 years ago
Posts: 456
Member since: Mar 2007

Michelle, as I said in the other thread, I would wait for a few months. New inventory will come in the spring and by then most sellers and brokers should know to price aggressively. It's too soon to be finding the less than $2million "bargains" in tribeca right now. Wait for the increased inventory levels of do you need to move soon?

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Response by front_porch
over 17 years ago
Posts: 5324
Member since: Mar 2008

nice data point, helpful to know.

ali r.
{downtown broker}

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Response by anonymous
over 17 years ago

Thanks ,not in a rush,have the cash and credit rating to move anytime

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Response by ccdevi
over 17 years ago
Posts: 861
Member since: Apr 2007

"60 beach st apt 4c"

very nice building and apt. again, enjoy it.

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Response by dmeisterg
over 17 years ago
Posts: 28
Member since: Sep 2008

I don't know much about the building, but the location is fantastic.
I love that area of Tribeca.

Also, BigG, thanks for your post. Giving details like this makes it
easier for the rest of us to find places we love as much as you love
yours.

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