Monday, February 7, 2011

Deja Vu All Over Again: 96 St. Marks

We covered this place at the end of the summer, right around the time it went in contract. 96 St. Marks was a killer play, and we knew it. That's why we offered $1.1M on it back in July. When it was in contract with an all-cash offer, we thought we'd gotten outbid.


The darn thing closed for $1M on the dot just a few weeks ago on January 12, 2011. The seller and the listing agent could have net WAY more money by going with us, but they got snookered by the all-cash offer that was supposed to close in 30 days, but took months longer than our financing would have taken.

We officially give up (for the moment...)


  1. Hi, This is a great site with really insightful analysis. I just have one tiny request, which is could you put the asking or sale price more prominently at the top of the posting--maybe even in the headline? This is the most important piece of info most of us want to know and sometimes it's buried in the postings. Thanks!

  2. Hi Irene,

    Great feedback. Price is definitely key. It's also subject to change, which we try to update in the comments section whenever we notice price changes. For now, the simplest most real-time way to get the current price/property status is to click the link to the listing on the property address in the posting. But we'll keep it in mind...