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How Low Is Really Low?

144 West 27th Street, Apartment 5R
THE FACTS: A three-bedroom, two-and-a-half-bath live-work loft condo.
ASKING PRICE: $2.6 million.
CHARGES AND TAXES: $2,701 per month.
AGENTS: Grant Priest and Brian Meier, Prudential Douglas Elliman.

The pitch:
“This is a must sell… Even better the owner is ready to make a deal.”
Why the price?
“We have a motivated seller [who] understands the market,” says Priest.
Second opinion:
Gasdaska declares it “an excellent deal, given the low maintenance, condition, and size.”
In 2007, it would’ve gone for: $3.3 million to $3.6 million.

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