Whats Up With All The Apartments For Sale At 196 Sixth Avenue?

While the NY Post is writing about a celebrity selling their apartment at 196 Sixth Avenue, I would like to point out there must be something serious going on with the building at 196 Sixth Avenue.

196 sixth avenue

Currently 3 out of 20 apartments are on the market (#1E, #3A, #4A) and already in 2016, 3 other apartments were on the market (#6C, #7C, #1F).  All of the units have a huge ongoing assessment (for example #3A has a $924.30 per month assessment).  None of the listings explain the ongoing assessment!!

196_sixth_ave-_facade

The building was constructed in 1893 and converted to a co-op in 1987.  It was used as the 10th Precinct police station before becoming the NYPD quartermaster’s storehouse.

Here are two photos from two different units in the building:

1E

1E

3A

3A

The units are pretty good layouts but with the high maintenance, seem to be overpriced.  What are your thoughts?

 

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