Apartment success stories

It happens-these intrepid souls bought, sold and rented their way to NYC real-estate bliss.

Recession special in Sunset Park!
“I just closed on my first apartment a few weeks ago, and I’m so excited. It’s a great co-op in Sunset Park, and I paid around $300 per square foot, which is a deal! I’d been in New York for ten years, and was ready to stop throwing money out for rent. I don’t like living alone, and I knew I wanted a two-bedroom so I could get a roommate. I [set my price limit at] $300,000 and paid $268,000. This place was bigger than a lot of the other ones I saw—it even has a separate dining room and living room. It’s one block from Sunset Park, and my dad is kind of a Mister Fixit—he helps me fill cracks in the walls.

“The drama was when they accepted my offer last June and then went back and said 'Never mind’ before we had signed. Sucks for them, because when I saw it back on the market several months later, my offer was accepted at $4,000 less. It’s a fixer-upper, but I love the undiscovered ’hood, and I’m really proud of my good deal.”—Lauren Alzos, high-school teacher; Sunset Park, Brooklyn



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