Real estate in NYC - what's wrong with this listing

Anonymous
We're starting to think about retirement and looking to buy an apartment in the distant future in NYC. Although we've owned property in the DC area, I'm not at all familiar with NYC real estate, except to expect a lot less for the same price.

Some of the listings don't seem out of reach, but there seems to be some underlying issue that I'm not understanding. For instance this property has been sitting the market for a while - https://www.redfin.com/NY/New-York/150-W-87th-St-10024/home/45202730

Can someone enlighten me on what's wrong with it?
Anonymous
Same with this one - https://www.redfin.com/NY/New-York/150-W-87th-St-10024/home/45202730

Is it just that it's overpriced?
Anonymous
Anonymous wrote:Same with this one - https://www.redfin.com/NY/New-York/150-W-87th-St-10024/home/45202730

Is it just that it's overpriced?


Sorry, meant to link to this - https://www.redfin.com/NY/New-York/322-Central-Park-W-10025/home/45337554
Anonymous
Hard to tell. Could be street level or overlooking the shaft. Likely to not have views of Central Park. I went to HS two blocks from there. It's an ok neighborhood but nothing to write home about though being on the park is nice.
Anonymous
It's a cute unit, but it's street level so it won't have a view and the co op fee is almost $5000 a month.
Anonymous
Anonymous wrote:It's a cute unit, but it's street level so it won't have a view and the co op fee is almost $5000 a month.


Okay, this is what I was missing.
Anonymous
Did you see the one at 1399 Park Ave? It's a condo, and the fee is only $1676 a month.
Anonymous
Anonymous wrote:It's a cute unit, but it's street level so it won't have a view and the co op fee is almost $5000 a month.


Sorry, curious - where did you find this? I don't see it on the listing, but could be glazing over it.
Anonymous
Anonymous wrote:Did you see the one at 1399 Park Ave? It's a condo, and the fee is only $1676 a month.


I didn't, but that is definitely our style! Thanks!!
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