Actually, in the case of 2601 Broadway Terrace, the 9,700 sf, 7 BR 6 BA beauty shown above, $11 million was enough to take the property from “Just Listed” to “Sold” in — zero days. For moving that fast, the buyer get a cool $950,000 off the asking price. — Proving once again that time is money, at least for those who have the latter in buckets.
The full story is more complicated. It was originally listed back in February 2009 for $13.5 million. It’s been on and off the market ever since — with a fresh start date for that “Days on Market” statistic each time it was put back on. Last time’s the charm…. Continue reading