08/09/2025
A tactful representation for my buyer for this now in-contract deal at 57 Reade Street .
Recognizing a moment of softness in the market, my client moved decisively. Making an all cash offer helped to get the deal in-contract in under 5 days. The seller of the apartment is an overseas investor who currently rents the apartment out. My buyer intends to keep the apartment as an investment property that will generate over $100K annually in rental income.
Key takeaways if you are a buyer?
• The sales market is shifting, giving buyers more leverage in negotiations
• All cash offers can help you a move a deal forward quickly
• The right investment property can provide a strong stream of income
• Having an experienced agent to guide you from start to finish is essential to securing a fast paced transaction
IN CONTRACT
57 Reade Street
New York, NY 10007
Last list price $2,350,000