As everyone knows, apartments with some combination of open views, sunny exposures and skyline vistas can command premium prices.
But many buyers who begin their search demanding lots of light–as most buyers will maintain–don’t often appreciate how much less they can spend for a place that has minimal light and bleak or offputting exposures. Light and soothing aesthetics are the inevitable trade-off for value, though a grim exterior can be a heavy price to pay.
A great example of this phenomenon is the possibly 650-700-sf co-op with the view from the living room shown above.
The unit in a 1951 building with garage on Riverside Drive in the low 100s has been beautifully renovated–new pass-through kitchen, lovely hardwood flooring, good closet space and higher-than-average ceilings. But don’t even think (more…)