Why Is This Back On The Market?

I last featured 839 25th back in September 2010 after it had been completely refinished and finally sold.

SOLD: 8/31/10 - $2,640,000

Remember, this is AFTER all the fancy upgrades. So now, less than a year later it has come back on the market...

Listing History: 6/21/11 - $2,850,000

I believe the new owners may have painted the exterior but that's about it as far as I can tell. So this isn't a flip attempt most likely.

The owner needs to receive a bid north of $2,775,000 to be able to break even after paying a 5% commission. But why should a buyer have to essentially pay for their commission. It isn't your fault they have to or want to move less than a year after the initial purchase. The market is a little softer now too. I wouldn't really want to pay more than the 2010 purchase price.