Real Estate

Add Comment

When Your Landlord Is a Cat

(Photo: Courtesy of Bellmarc Realty)

{TRIPLE ASSESSMENT}
2 Horatio Street, Apartment 2G
1,350-square-foot, two-bedroom, two-bath co-op.
Asking Price: $1.9 million.
Maintenance: $1,568.
Broker: Gigi Van Deckter, Bellmarc.
Apartments in the prewar buildings built by Bing & Bing are highly desirable and command top dollar. This West Village co-op is a prime specimen, with all the touches you’d want—beamed ceilings, generous proportions. But in this ambivalent market, is that enough to get nearly $2 million for an apartment where you have to cut through the bedroom to get to the toilet?

Holly Sose, City Connections Realty: “The block, the entrance, the prewar feel—it’s all charming,” says Sose. “I would take half the furniture out—there’s way too much … It’s also very specific to the owner’s personality, so it’s hard for others to visualize making it their home.”
Her assessment: $1.8 million.

Armanda Squadrilli, JC DeNiro & Associates: “I’d live here in a minute,” she says, adding that she’d up the commission to 7 percent to attract more brokers. “[But] the en suite bathrooms may be a drawback for anyone who might want to entertain.” If a powder room can be added, Squadrilli predicts an easier sell.
Her assessment: $2.145 million.

Alan Pfeifer, Halstead: “For a second floor, the light is decent,” says Pfeifer, though buyers may be concerned about the tower rising across the street. Plus, he says, “the flow of the apartment isn’t easy to understand … It doesn’t give a sense of how big the apartment is.”
His assessment: $1.595 million.