Slow learner
Two years ago the builder of a spec house at 18 Perryridge Road priced it at $4.650 million (about $3 million higher than any previous sale on that street) and set it out upon the waters to see what happened. Nothing happened, is what (didn’t) happen, despite a series of price cuts totaling $755,000 to $3.895. The listing died a whimpering death in August, 2011.
Today it’s back, asking $4,275,000. Rush rush rush.
Why is the price so high? Did they pay too much for the land or too much per/sq ft? Not making sense?
They paid something like $1.6 (?) for the land so no, I don’t believe they have to get $4.2 to make a tidy profit here. Maybe they work for the New York Lottery’s ad company?
Apparently he has a patient investor/lender….because this is going to take a while.
Oh, that house.
I think that’s Island Surveyor’s favorite FARtrocity.
They paid $1.3 million for it in the peak time.
37 Perryridge sold last year for $1 million, for twice the land and twice the house size.
that picture and caption made my day – ty
we try!
Reminds me of my favorite Mike Tyson quote – ‘Everyone has a plan ’til they get punched in the face’.