But the apartment desperately needed a renovation.
Even if your home is in good condition, Mr. Stockwell said, "if it's cluttered, people will think it needs a renovation, and that lowers the value".
"If it's a $5 million apartment that needs a renovation, whoever buys it is going to do a gut renovation," she said, and choose exactly the appliances they want.
"One apartment could need a $2 million renovation, and one could have had a $2 million renovation".
"We need a bathroom renovation and the kitchen cleaned up so we can sell the house," she said.
Three-bedrooms in prewar co-ops, if and when found, start at about $2.5 million, but they often need a significant renovation.
When Mr. Lapiner did get inside, he was not allowed to see the third floor, but it was clear that the house would need a gut renovation, so that really didn't matter.
"It needed a gut renovation, and it was over a million dollars".
The place needed a gut renovation.
But it needed a complete renovation.
