Buying NYC Apartments: To buy from the pros, or from Craigslist?

Posted on Mon, 08-03-2009

Craigslist is a great place to get rid of an old microwave. But how does it fare as a source of good real estate deals? The Observer presents a smattering of Craigslist Lies People Tell: The Upper East Side Is Hip and This Studios Is $100. You might be shocked to learn this, but Craigslist sellers can sometimes come across as slightly less than reputable:

Bargain hunting? Perhaps you would be interested in a “$100 COZY STUDIO IN LOVELY TOWNHOUSE ON BEST BLOCK IN TOWN.” But—the fine print: “Available for a $100 per night for a minuim [sic] of a one month stay.” This sounds suspiciously like a $3,100 studio. Although February, hypothetically, could be yours for a mere $2,800.

Our conclusion? Take advantage of a professional broker when it's time to buy. A condo, that is. What about Craigslist? Well, your new condo isn't gonna find decorations on its own. Save yourself a headache... Contact New Construction Manhattan right away!

Legal Stuff

The owner of this website is not a licensed real estate broker or representative of the buildings or apartments contained on the website. This website is strictly for informational purposes. There are no property listings on this website. Nothing contained on this website shall suggest the availability of a property or guarantee the accuracy of accompanying prices.

If you would like more information about a property, we will connect you with a real estate broker who will be able to give you more information about available apartments and schedule a showing.