UES Upper Eastside coop: 200+ days, 139 saves, zero offers. What are we missing?
Hi All!
We are selling an alcove studio in the upper eastside, 87th st and have had it on the market for ~8 months with zero offers.
Listed at $525K initially, now $479K.
Maintenance is $1,647. 8th floor, doorman/elevator building, oversized studio with separate sleeping alcove.
We’ve had interest/saves online but no offers.
We’re approaching the end of our listing agreement and are trying to determine whether the problem is:
• Price
• The building
• Maintenance (a bit high when I compare it)
• The apartment itself
• Photos/marketing
• The listing agent
• Or something we’re completely missing
If you were shopping for a NYC co-op in this price range, what would stop you from making an offer on this?
What’s a bit strange is a 7th floor unit in our building sold for about $520k last fall. A little more sunlight and maybe a better kitchen but not by much.