Tuesday, March 18, 2014

Real Estate Monday?

Phooey to the $50,000 per month rehab spa approved by CB6 as a welcome amenity in Red Hook.  Today's Real Estate Monday Tuesday Times listing is for 4708 Third Avenue - a building housing both an alcohol & drug treatment center & Spice Adult Video.  Yes, slightly more budget conscious therapies. Expressway location, pizza, Halal Meats, Pharmacy, Auto Repair all close by.   The place is all yours for $900,000.  I've lost all sense of property value in this mad city, and have no idea what that price means.  It seems like quite a lot but who knows?

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