Overpriced Indigo!

Started by stevejhx

over 16 years ago

Posts: 12656

Member since: Feb 2008

Discussion about The Indigo Condominium at 125 West 21st Street in Chelsea

Looks like sellers are doing it again - expecting massive short-term returns on real estate, this time in a so-so building in Chelsea, across the street from 21 Chelsea where you can rent something virtually identical for 1/3 the cost: 125 WEST 21 STREET, 12B Manhattan 4/25/2008 $1,848,123 125 West 21st Street #12B in Chelsea $2,425,000 Total Monthly Payment: $14,932 Neat. A 31% profit since April. And a virtual steal at $15k a month!

Overpriced Indigo!

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