3-Bedroom Loft Waiting for a Buyer 8 Months Later: 215 N. Aberdeen in the Fulton Market
This 3-bedroom duplex loft in the Blue Moon Lofts at 215 N. Aberdeen in Fulton Market came on the market in May 2019.
The Blue Moon Lofts were built in 1902 and converted into loft condos in 2001 when there was only Oprah in the neighborhood.
It has 73 units and a parking garage.
This duplex has 18 foot ceilings and a wall of exposed brick as well as exposed duct work.
It has a balcony.
There are hardwood floors throughout with two bedrooms on the main floor and a lofted third bedroom.
The master suite has a bath with a double sink and body sprays and is, I think, on the second floor.
There’s a 9×17 walk-in-closet on the second floor as well as a skylight.
The kitchen has white cabinets, LG stainless steel appliances, granite counter tops, a tile backsplash and an island.
This loft has the features buyers look for including central air, washer/dryer in the unit and garage parking is available for $35,000 extra.
It came on in May 2019 at $829,900 and has been reduced to $699,999 (plus the $35,000 for parking).
This building is one of the few that is actually IN Fulton Market and not just near it. Most of Fulton Market is commercial buildings or hotels with few apartment or condo buildings.
With Fulton Market continuing to be one of the hottest neighborhoods, why isn’t this selling?
Cindi Sodolski at Compass has the listing. See the pictures here.
Unit #311A: 3 bedrooms, 2.5 baths, 1900 square feet, duplex up
- Sold in January 2001 for $349,000 (included the parking)
- Sold in May 2001 for $385,000
- Sold in June 2003 for $330,000
- Sold in August 2006 for $410,000
- Sold in November 2013 for $460,000
- Originally listed in May 2019 for $829,900
- Reduced several times
- Currently listed at $699,999 (plus $35,000 for parking)
- Assessments of $818 a month (includes cable, scavengers, snow removal)
- Taxes of $12,293
- Central Air
- Washer/dryer in the unit
- Bedroom #1: 11×13 (second floor)
- Bedroom #2: 11×11 (main floor)
- Bedroom #3: 10×17 (main floor)
- Walk-in-closet: 9×17 (second floor)
- Living room/dining room: 19×20
- Kitchen: 12×9
Because no one wants an 3br with an open MBR
Finishes scream $400k condo
Yup, open MBR at this price point is a no-no.
How has this not sold yet? Maybe because it’s unattractive and overpriced?
It is boxy and two big (and expensive) for the buyers who might be attracted to the neighborhood.
A lot of brown shoes.
No windows on the bedrooms? This is a big studio, not a 3 bed.