Curbed PriceChopper: 40 Bond (Yes, 40 Bond)

Friday, October 12, 2007, by Joey

Then: $6,295,000
Now: $5,950,000
You save!: $345,000! Or you could rent...

Perhaps Ian Schrager's 40 Bond received a little unwanted attention yesterday, when Gawker ran an item about how the building is still not sold out. Perhaps it'll receive a little more today, with word that the sellers of Unit 4C, the flippers we told you about last month, have dropped the price on their never-lived-in 3BR apartment in the Noho newbie (they closed on it in July for $4.8 million). Maybe such a bold flip was a bad idea in a 27-unit building that still has availabilities, or maybe they just prefer the new alignment of 9s and 5s. No matter the reasoning, every move in this building will be scrutinized. Also newsworthy is that the unit is now available to rent for $27,000 month in case you want to give it a test drive. And we do!

· Sales listing: 40 Bond Street [Corcoran]
· Rental listing: 40 Bond Street [Corcoran]
· Full Bondage: Here Come the Flippers at 40 Bond [Curbed]

Filed under Manhattan: Noho/Central Village, Real Estate For Rent, Real Estate For Sale, 40 Bond, Ian Schrager, Pricechopper

Email this post to a friend

Comments feed for this post

Comments (13 extant)

For that price one could buy a 25' wide, 5 story townhouse IN Manhattan or one could buy TWO 25' wide, 5 story townhouse in Brooklyn and combine the interior and have one very spacious living.

By Anonymous at October 12, 2007 11:43 AM

...yawn...

By Bond again? at October 12, 2007 11:44 AM

no interior pictures yet? come on someone's gotta have them (it all seems to be renders so far)

By Anonymous at October 12, 2007 11:47 AM

The Corcoran pictures aren't renderings.

By Anonymous at October 12, 2007 11:50 AM

Interior shots are provided via Corcoran link.

By hello! at October 12, 2007 11:56 AM

I loves this building from teh outside --

But that archy thing in the bath pics looks like a big heap of mess.

And who wants all that light in the bedroom?

By envious at October 12, 2007 12:08 PM

The 3 bdrm configuration shown (4C) is available only on floors 4-7.

Since the unit in question is on the 4th floor the other units available is on a much higher floor (7C) for 6,850,000 (same sqft). So its about a million dollars cheaper now, than higher unit in the same building. And of course the builder will allow some changes (normally).

Since the owners of the flipping unit knows the current prices, have to figure the want to sell quickly.

see all listings in building

http://www.corcoran.com/property/search.aspx?FP=BP&ListingID=1038781&Region=NYC

By Anonymous at October 12, 2007 12:28 PM

You could get something like that in Denver for no more than $500,000

By NYer at October 12, 2007 1:11 PM

how much to move it to Denver and get our sketchy old Bond St. back?

By greg.org at October 12, 2007 1:40 PM

10.

The Gaudíesque" cast aluminum gates of 40 Bond are HORRIBLE.

By asoudiere@hotmail.com at October 12, 2007 4:06 PM

11.

My friend and I were admiring the building gates the other night and were informed by the (probably highly paid) doorman that the last unit just sold. For real?

By passerby at October 12, 2007 5:54 PM

12.

Damn passerby, you were dissed by the not highly paid doorman! Clearly he saw you as part of the bridge and tunnel crowd and was trying to be polite. Do you often have trouble with the velvet rope...remember who the developer is......

By Eric at October 14, 2007 4:07 PM

13.

Mmmmm Eric. You are correct I did not let them in....but I recall not letting you in either. Passerby....no worries....you're still not getting in.

By Keeper of the Velvet Ropes at October 25, 2007 7:36 PM