175 sqft NYC condo... $175K!!

ZerO · December 8th, 2009, 09:06 PM

http://www.nypost.com/p/news/local/m...#ixzz0Z2Pi6ILj

could you? would you? why?

i think i could, but i probably couldn't . I would love to try, though! It's sort of like riding the 250... small to some, but just right for me!

...not sure about 175sqft thought

Daeldren · December 8th, 2009, 09:29 PM

On what salary, in SC our income is generally less than the rest of the country (housing is cheaper here though). A good example is a Technician down here with a college degree makes less than a union operator. Personally I wouldn't spend more than $400 a month on something that tiny.

Greg_E · December 8th, 2009, 09:51 PM

That's just plain stupid and part of why this world is so incredibly screwed up right now.

Cedilla · December 9th, 2009, 12:59 AM

Its redonkulous, you could buy a pretty decent sized house in rural Alabama, for that kind of money. IDK if I read it correctly, but even after they pay it off, they have to pay $700 a month in maintenance fees. Ive always wanted to move to New York for a while, but I just can't fathom that kind of cost of living.

Daeldren · December 9th, 2009, 01:10 AM

So lets get this right, in order to afford a tiny ass apartment in a good location in NYC you need to be some sort of Executive or Doctor? God help the kids growing up in Queens.

petiteninja · December 9th, 2009, 06:29 AM

i live nine blocks away from this building. $1,000 per sq ft is about average in manhattan. even though you can purchase a much larger home somewhere else, their home will never ever sell for less than they paid. and there will always be a buyer/renter because they're only six blocks away from columbia university and half a block from the subway. in terms of an investment they have made an excellent choice. as for lifestyle, i don't think i could pull it off with my bicycle and shoe obsession.

ScraitT · December 9th, 2009, 08:02 AM

Wow. If they are paying 150k off in 2 years, that's nearly 6000 a month, not including interest. (assuming they put 20% down). Plus an additional 700 a month maintenance (which is the most absurd part to me on a place that tiny). Plus the dry cleaning bill, I'm sure that isn't cheap!

It does seem pretty cool though with how they have managed to do thing with stashing cloths around town at dry cleaners and jogging to and from work.

I think it would be cool to try, but I don't know if I could do it. I definitely couldn't share the place, there just isn't enough room for two people for me. The other problem I'd have is not having a washer and dryer.

Greg_E · December 9th, 2009, 09:09 AM

Sure would be nice to be so rich that you don't need to worry about cooking, doing your own laundry, and paying that outrageous amount of money for something like that. I'd like to try it some time and see how I like it.

ZerO · December 9th, 2009, 11:18 AM

Quote:

Originally Posted by petiteninja

i live nine blocks away from this building. $1,000 per sq ft is about average in manhattan. even though you can purchase a much larger home somewhere else, their home will never ever sell for less than they paid. and there will always be a buyer/renter because they're only six blocks away from columbia university and half a block from the subway. in terms of an investment they have made an excellent choice. as for lifestyle, i don't think i could pull it off with my bicycle and shoe obsession.

i'd definitely take the smell of shoes over kitty litter any day in that type of space!

but i agree, this investment is huge for them... not just financially, but in terms of their relationship with one another, they're almost forced to get along. There's no 'sleeping on the couch' option, here!!

Snake · December 9th, 2009, 11:33 AM

Wow, that is about as big as my dorm room in tech school.

Rayme · December 9th, 2009, 12:54 PM

I'm just going to say I hope they won't grow tired of each other anytime soon.

I loved my 4 years old 1200 sq/ft. mini home I paid 70 K I miss it

lol

Sailariel · December 9th, 2009, 01:53 PM

OMG! We have more room in our sailboat. Our dimensions are 12`x 31` That`s 372 sq feet with 6`3" headroom-----didn`t cost close to that condo.

Sailariel · December 9th, 2009, 01:58 PM

Petiteninja, Not bad for Manhattan. My realtor brother-in-law says that the three most important things in real estate are "Location,Location, Location"

petiteninja · December 13th, 2009, 05:57 PM

my living situation since i've been in nyc:

2001-2002 rented a bedroom in a converted 3 bedroom (we had 2 real bedrooms and converted the 'living room' into a bedroom), my room was 12'x10' and the apt was only 700 sq ft! i paid $933/mo...

2002-2003 shared a bedroom (i was 28 at the time) with a college friend for $425/month in upper manhattan. that was tough.

2003-2004 finally my own place...9 ft wide, 25 feet long. my apartment was thinner and shorter than a subway car. $1000/month...good thing i'm petite!

2004-2006 moved in with fiancee in a rent controlled columbia professors apartment. my gawd it was huge, we had a pool table in the foyer. 2,300 sq ft and only 2,200/month

2006-now 3 bedroom apartment...mortgage + maintenance way too much!

it was hard at first, but you learn to find bars/restaurants/parties that meet your needs. it's new york, you spend your entire time out partying and go home to change, shower and catch a few hours of sleep. the couple in the article have it all figured out. i'd like to know how they deal with snow days or having to stay indoors all day...

December 8th, 2009, 09:06 PM	#1
ZerO ninjette.org member Name: tommy Location: City of Brotherly Love Join Date: Aug 2009 Motorcycle(s): 2008 Posts: 54	175 sqft NYC condo... $175K!! http://www.nypost.com/p/news/local/m...#ixzz0Z2Pi6ILj could you? would you? why? i think i could, but i probably couldn't . I would love to try, though! It's sort of like riding the 250... small to some, but just right for me! ...not sure about 175sqft thought __________________________________________________ oh dAng!

December 9th, 2009, 12:59 AM	#4
Cedilla ninjette.org sage Name: Chris Location: Huntsville, AL Join Date: May 2009 Motorcycle(s): 2009 Ninja 250 (sold) Posts: 755	Its redonkulous, you could buy a pretty decent sized house in rural Alabama, for that kind of money. IDK if I read it correctly, but even after they pay it off, they have to pay $700 a month in maintenance fees. Ive always wanted to move to New York for a while, but I just can't fathom that kind of cost of living. __________________________________________________ The Ninjette is not a disposable bike. You are not ever supposed to get rid of it. It is like a [friendly] herpes virus.... once you got it, you get keep it forever. Originally posted by-Headshrink

December 9th, 2009, 08:02 AM	#7
ScraitT Green! Name: Tyler Location: S. Florida Join Date: Nov 2008 Motorcycle(s): 08 Ninja 250R, 04 Honda CRF230F, 94 Honda XR80R Posts: 505	Wow. If they are paying 150k off in 2 years, that's nearly 6000 a month, not including interest. (assuming they put 20% down). Plus an additional 700 a month maintenance (which is the most absurd part to me on a place that tiny). Plus the dry cleaning bill, I'm sure that isn't cheap! It does seem pretty cool though with how they have managed to do thing with stashing cloths around town at dry cleaners and jogging to and from work. I think it would be cool to try, but I don't know if I could do it. I definitely couldn't share the place, there just isn't enough room for two people for me. The other problem I'd have is not having a washer and dryer. __________________________________________________ 2008 Green 250R

December 9th, 2009, 12:54 PM	#11
Rayme ninjette.org guru Name: Remy Location: Moncton Join Date: Apr 2009 Motorcycle(s): '04 sv650s Posts: 438	I'm just going to say I hope they won't grow tired of each other anytime soon. I loved my 4 years old 1200 sq/ft. mini home I paid 70 K I miss it lol __________________________________________________ There's 2 types of people in this world, those who complain and those who act.

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December 8th, 2009, 09:29 PM	#2
Daeldren two wheel addict Name: Kenneth Location: Simpsonville, SC Join Date: Apr 2009 Motorcycle(s): 94 xlh 883, 1984 kawi gpz money pit Posts: 556	On what salary, in SC our income is generally less than the rest of the country (housing is cheaper here though). A good example is a Technician down here with a college degree makes less than a union operator. Personally I wouldn't spend more than $400 a month on something that tiny.

December 8th, 2009, 09:51 PM	#3
Greg_E ninjette.org sage Name: Greg Location: central new york Join Date: Aug 2009 Motorcycle(s): 90 Suzuki gsx600f Katana, 03 Buell XB9R Posts: 868	That's just plain stupid and part of why this world is so incredibly screwed up right now.

December 9th, 2009, 01:10 AM	#5
Daeldren two wheel addict Name: Kenneth Location: Simpsonville, SC Join Date: Apr 2009 Motorcycle(s): 94 xlh 883, 1984 kawi gpz money pit Posts: 556	So lets get this right, in order to afford a tiny ass apartment in a good location in NYC you need to be some sort of Executive or Doctor? God help the kids growing up in Queens.

December 9th, 2009, 06:29 AM	#6
petiteninja ninjette.org member Name: LMG Location: nyc Join Date: Aug 2009 Motorcycle(s): '09 Ninja EX250J Posts: 177	i live nine blocks away from this building. $1,000 per sq ft is about average in manhattan. even though you can purchase a much larger home somewhere else, their home will never ever sell for less than they paid. and there will always be a buyer/renter because they're only six blocks away from columbia university and half a block from the subway. in terms of an investment they have made an excellent choice. as for lifestyle, i don't think i could pull it off with my bicycle and shoe obsession.

December 9th, 2009, 09:09 AM	#8
Greg_E ninjette.org sage Name: Greg Location: central new york Join Date: Aug 2009 Motorcycle(s): 90 Suzuki gsx600f Katana, 03 Buell XB9R Posts: 868	Sure would be nice to be so rich that you don't need to worry about cooking, doing your own laundry, and paying that outrageous amount of money for something like that. I'd like to try it some time and see how I like it.

December 9th, 2009, 11:33 AM	#10
Snake ninjette.org certified postwhore Name: Rick Location: Alexandria, Louisiana Join Date: Jan 2009 Motorcycle(s): 05 Blue Ninja 250 Posts: Too much. MOTY - 2017, MOTM - Jan '19, Oct '16, May '14	Wow, that is about as big as my dorm room in tech school.

December 9th, 2009, 01:53 PM	#12
Sailariel ninjette.org certified postwhore Name: Alex Location: Belfast, ME Join Date: Jul 2008 Motorcycle(s): 2010 Honda NT-700-V, formerly, Green 2008 Ninja 250R Posts: A lot.	OMG! We have more room in our sailboat. Our dimensions are 12`x 31` That`s 372 sq feet with 6`3" headroom-----didn`t cost close to that condo.

December 9th, 2009, 01:58 PM	#13
Sailariel ninjette.org certified postwhore Name: Alex Location: Belfast, ME Join Date: Jul 2008 Motorcycle(s): 2010 Honda NT-700-V, formerly, Green 2008 Ninja 250R Posts: A lot.	Petiteninja, Not bad for Manhattan. My realtor brother-in-law says that the three most important things in real estate are "Location,Location, Location"

December 13th, 2009, 05:57 PM	#14
petiteninja ninjette.org member Name: LMG Location: nyc Join Date: Aug 2009 Motorcycle(s): '09 Ninja EX250J Posts: 177	my living situation since i've been in nyc: 2001-2002 rented a bedroom in a converted 3 bedroom (we had 2 real bedrooms and converted the 'living room' into a bedroom), my room was 12'x10' and the apt was only 700 sq ft! i paid $933/mo... 2002-2003 shared a bedroom (i was 28 at the time) with a college friend for $425/month in upper manhattan. that was tough. 2003-2004 finally my own place...9 ft wide, 25 feet long. my apartment was thinner and shorter than a subway car. $1000/month...good thing i'm petite! 2004-2006 moved in with fiancee in a rent controlled columbia professors apartment. my gawd it was huge, we had a pool table in the foyer. 2,300 sq ft and only 2,200/month 2006-now 3 bedroom apartment...mortgage + maintenance way too much! it was hard at first, but you learn to find bars/restaurants/parties that meet your needs. it's new york, you spend your entire time out partying and go home to change, shower and catch a few hours of sleep. the couple in the article have it all figured out. i'd like to know how they deal with snow days or having to stay indoors all day...