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Want Unique? 50 W Schiller is for you

• September 5, 2007
• 1 Comment

 

There’s something about the look and feel of the units at 50 W. Schiller.  They cannot be replicated into today’s new construction.  The building was built in 1922.

Yes, the building has “issues.”  It is a co-op and has very high assessments.  There is no parking (have to lease next door.)  Some units don’t have washer/dryer (but you can apparently add it.) 

But there is a lovely courtyard and the units are interesting duplexes.

Unit #1-I, a two bedroom, 1. 5 bath duplex, is currently on the market for $649,000.  The listing says it was completely renovated in 2004.  Still seems pretty pricey to me compared to recent sales.  The unit last sold for $400,000 in March 2004.  Is the kitchen renovation worth $249,000?  We’ll soon find out.

Unit I2, a 3 bedroom 2 bath, was listed over a year ago at $619,000 and finally drama price reduced it to $499,000.   It sold for $477,500 in early August.

Unfortunately, those owners bought it for $498,000 in 2004. 

Still, lovely to look at – for the right price.