Out and About: Universal appeal is a winner

This triplex is a festival of full and partial staircases, such as the two steps into the kitchen photographed from the dining area, which is two steps above the living room.

Gorgeous properties priced well can linger on the market forever, and there’s little for a seller to do but offer a bargain instead of fair market value in order to attract offers.

Such is the issue with apartments that can tempt only a fraction of the potential market.  They have characteristics that cannot be changed or at least changed for a reasonable amount of money.

They await the buyer who has the same preferences as the seller, and they are few and far between.

Manhattan co-ops and condos that have, say, unusual flooring, nearly immutable layouts imposed by the owners or features rarely found have their appeal — but only to a very small segment of the market.

I’ve touched on this subject before, but I was reminded of the issue in the 70s between Columbus and Amsterdam avenues on Sunday when I viewed the nearly $3 million triplex pictured above that had a dizzying array of staircases .  I’ll go into details in a few weeks.

The same concern arose when I entered a lovely 1,800-sf corner apartment on West End Avenue in the low 70s a few weeks ago.  The aesthetic is described as “downtown loft.” Continue reading