PH-D in Devonshire House was just listed for $2 million. (http://streeteasy.com/nyc/sale/637012-condo-28-east-10th-street-greenwich-village-new-york) Sounds reasonable for a penthouse in a nice building in the Village... Until you look at the floor plan, which shows that the unit has about 300 sq ft of indoor space. The building has sold for over $1800/sf on average according to SE... But this comes out to over $6000/sf, for a small studio. Judging from the floor plan there may be about 500 sq ft of outdoor space. The place sold last summer for $438,750, or $1462/sf. What do you think is going on here?
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