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Reader comment on:
Whaaat? Studio Offered for $2.1 Million
in response to reader comment: This doesn't make sense

Submitted by rhony2, Jan 24, 2007 14:53

Studio 445607/519 = 858.5877 per sq ft

1BR 705439/765 = 922.1425 per sq ft

Diff is 63.55482 per sq ft

However sq footage claims in Manhattan can be somewhat, ah, inventive. Some years back I went to look at an open house 2 BR that was claimed to be 1600 sq ft. Doubt it was much more than 1100 sq ft - apt was diamond shaped and they multiplied the diagonals, not the sides. I've seen sq footage claims where they add the pro rata share of the common areas (this seems to be a relatively common trick). In others, since higher apts are usually setback, they add the air space around the apt as if the apt were not set back.


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Other reader comments on this article

Comment By Date

I don't see how the discrepancy is $63 based on the numbers provided. [MORE]

Curious

Jan 21, 2007 06:54

Studio 445607/519 = 858.5877 per sq ft 1BR 705439/765 = 922.1425 per sq ft Diff is 63.55482 per sq ft However sq footage...

rhony2

Jan 24, 2007 14:53

I thought that the average studio sold for $519 per square foot, not that the average studio is 519 square... [MORE]

Curious

Jan 24, 2007 20:32

Comment on Whaaat? Studio Offered for $2.1 Million

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