The price seems unbelievably low to me and sounds like a scam. You need to work with a realtor. A realtor can show you what has sold in the building and for how much. They will go through the pros and cons of every unit.
It's a great building with excellent financials. I would just take a look at the current maintenance.
Feel free to call me if you have any questions.
Licensed Real Estate Salesperson
Member of Real Estate Board of New York
770 Lexington Avenue, 10th Floor
New York, NY 10065
Please give us more information and we can help.
Feel free to email or call me.
Arthur "Ungie" Golden | Licensed Real Estate Associate | REBNY Member
Prudential Douglas Elliman | 1995 Broadway, 4th Fl | New York, NY 10023
C: 212.866.8717 | P: 212.712.6078 | F: 646.497.5476 | E: firstname.lastname@example.org
That's in addition to the possibility it is a scam situation, because such a price is suspiciously low for a studio in Manhattan.
There are a lot of scams on Craig's List. Your best approach is to work with a real estate agent who will look out for your best interests.
Licensed RE Salesperson
New York NY
At that price i think it is a foreclosure, or it might be also a scam.
International Market Specialist
Director of Sales and Rentals at the RS Group
(o): 212.252.8772 (EXT.782)
"In the past, our growth has been by referral of current clients. We've never really done much marketing." Please refer us to your friends and family.