130 East 18th Street 7D

Market Analysis

Seller was young couple expecting twins and were planning on moving into a rental following the sale of this junior one bedroom with recent renovation and private balcony. Comparable data suggested a sale in the low $800’s with other similarly sized apartments listed at similar prices and remaining on the market. 7D had the benefit of a recent renovation and near perfect interior design. Given its condition, we recommended an initial pricing strategy of $850,000. Within one week we had multiple offers. We managed the process leading to an immediate sale 5.5% over the asking price and seamless board approval.

Closed

Asking Price: $850,000
Sold Price: $896,000