Triple Assessment

130 East 18th Street, Apartment 7P
One-bedroom, one-bath, 575-square-foot co-op.

Asking Price: $575,000.
Maintenance: $654 per month.
Broker: Darren Sukenik, Prudential Douglas Elliman.

Four weeks after putting this one-bedroom co-op near Gramercy Park on the market, its sellers are already weighing multiple offers. Is that because it’s underpriced? Depends on whom you ask.

Diana Chung, Mark David & Company: The open kitchen means “it doesn’t seem so claustrophobic like other studios,” says Chung. “Even though there’s a lot of furniture in there, it doesn’t feel crowded.”
Her assessment: $610,000 (to sell for $595,000 after negotiations).

Cindy Gise, Century 21 NY Metro: “It’s very homey! The owners did a wonderful job with the kitchen. It has a new-construction look,” says Gise. “I’d re-sand the floors, but that’s really simple.”
Her assessment: $575,000.

Jody Sperling, Fox Residential Group: Sperling notes that the location near Union Square is ideal for a single young professional. “The exposure’s a little closed in,” she points out, but “the fact that the board allows guarantors is a big selling point. A lot of people starting out don’t have a lot of assets or 25 percent down payment.” She’s priced it lowish, perhaps to attract those first-time buyers.
Her assessment: $550,000.

Triple Assessment