Steals & Deals: Motivated Sellers and Homes Priced to Sell

By CityRealty Staff | From Get To Know Tuesday, January 30, 2024

In many real estate listings, the phrases "motivated seller" and "priced to sell" are sometimes included to make an apartment stand out and attract more buyers. Some would think the terms are interchangeable, but that is not the case.

When a home is described as "priced to sell," this means it is listed for under the comparable price for similar properties. Those living in a market where homes are in high demand, like New York City, embrace this strategy because they feel confident that it will attract attention, lead to multiple offers, and potentially be bid up. Homeownering points out that this works best in a hot market; in a slower market, homes may sell faster, but at a lower price.

"Motivated sellers" are described as those willing to sell their property at a reduced price and/or include concessions (think paying a year of common charges or parking fees). In cases like this, The Balance advises buyers to learn exactly what is behind the seller's eagerness to offload the property before making an offer - some might be eager to move to another location, others may be facing higher costs than expected, and still others could have homes in poor condition. Below, we look at apartments that are priced to sell as well as those listed by motivated sellers.

Featured Listings with "Motivated Sellers" or "Priced to Sell"

235 East 49th Street, #9G
$375,000

Midtown East | Cooperative | 1 Bedroom, 1 Bath

235 East 49th Street, #9G (Highline Residential LLC)

From the Listing: Welcome to 235 East 49th Street, Unit 9G! This charming oversized 1-bedroom, 1-bathroom co-op is now available for sale. Situated on a beautiful tree-lined block, this corner unit offers a spacious and comfortable living space. As you step inside, you will notice the generously sized bedroom, perfect for creating your oasis. With two walk-in closets, there is plenty of storage space to keep your belongings organized. See floor plan and full details here.

Morad Beekman, #10C
$465,000

Beekman/Sutton Place | Cooperative | 2 Bedrooms, 2 Baths

Morad Beekman, #10C (Compass)

From the Listing: This beautiful south-facing two bedroom, two bath, is drenched in sunshine all day long and boasts stunning city views! Unit 10C has a generous layout with approximately 1200 sq ft of living space and abundant storage. See floor plan and full details here.

156 West 73rd Street, #4R
$489,000 (-11.1%)

Broadway Corridor | Cooperative | 1 Bedroom, 1 Bath

156 West 73rd Street, #4R (Douglas Elliman Real Estate)

From the Listing: MOTIVATED SELLER - HUGE PRICE SLASH - DON'T MISS THIS OPPORTUNITY TO OWN ON BEAUTIFUL 73RD ST!!! Bathed in beautiful southern light, this cozy residence boasts a bright and airy ambiance that will make you feel right at home. Nestled on the third floor, you'll only need to ascend two flights of stairs once inside the building. Step inside and be greeted by the timeless features of exposed brick and a decorative fireplace, adding a touch of character and warmth to the space. Massive 11' ceilings and oversized windows help maximize space and comfort. See floor plan and full details here.

Lincoln Terrace, #4U
$525,000

Lincoln Center | Cooperative | Studio, 1 Bath

Lincoln Terrace, #4U (Coldwell Banker Warburg)

From the Listing: This charming and spacious alcove studio apartment in a full-service co-op is now for sale. Bring your vision and create something special in this lovely home. Priced to sell! See floor plan and full details here.

Riverview East, #3J
$585,000 (-6.4%)

Murray Hill | Cooperative | 1 Bedroom, 1 Bath

Riverview East, #3J (Brown Harris Stevens Residential Sales LLC)

From the Listing: PRICE REDUCTION ON GENEROUS ONE BEDROOM! MOTIVATED SELLER. This 1 bedroom corner unit has a great floor plan showcasing a large living/dining suite with a hallway on the opposite side leading into the bedroom. Views onto townhouse gardens give the space a European feel.Wood floors throughout and five abundant closets. Quiet and spacious enough for a home office. See floor plan and full details here.

333 East 79th Street, #7P
$585,000

Yorkville | Cooperative | 1 Bedroom, 1 Bath | 750 ft²

333 East 79th Street, #7P (Nest Seekers LLC)

From the Listing: Perfect for first-time buyers, pied-a-terre, or parental purchasing (with board approval). The older kitchen and bath need renovating. New to market and priced to sell is a lovely spacious 1BR (approx 750 sf ) in a White Glove coop at 333 E 79th St which faces the back of the building and not 79th St or First Avenue. See floor plan and full details here.

Sherman Tower East, #2L
$600,000

Lenox Hill | Cooperative | 2 Bedrooms, 1 Bath

Sherman Tower East, #2L (Compass)

From the Listing: Priced to Sell! Welcome to this Junior 4 Upper East Side Coop with Great Potential!

Spacious Jr 4 cooperative apartment with excellent potential for conversion into a two-bedroom layout in the perfect Upper East Side Location. With one bathroom, this unit boasts a fantastic floor plan that offers versatility and customization options.While it currently requires some tender loving care (TLC), this hidden gem is truly a diamond in the rough. See floor plan and full details here.

50 Sutton Place South, #17D
$620,000 (-1.6%)

Beekman/Sutton Place | Cooperative | 1 Bedroom, 1.5 Baths

50 Sutton Place South, #17D (Douglas Elliman Real Estate)

From the Listing: A Fantastic Opportunity! Enjoy expansive oblique city views and live in this highly sought-after neighborhood. Just listed! Motivated Seller!!Priced to Sell! An oversized 1 bedroom, 1.5 baths apartment with sweeping oblique city views. It is now configured as a 1 bedroom, however, the dining area can be easily converted to a second bedroom or den/home office. See floor plan and full details here.

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The Brooklyn Loft Condominiums, #1C
$649,000

South Slope - Greenwood Heights | Condominium | Studio, 1.5 Baths | 937 ft²

The Brooklyn Loft Condominiums, #1C (Time Equities Inc)

From the Listing: Indulge in the ultimate urban living experience in the heart of Greenwood Heights, Brooklyn, with this newly renovated studio duplex apartment. This extraordinary residence seamlessly blends contemporary design with a touch of industrial chic, presenting an irresistible opportunity for those seeking a unique and sophisticated home. Upon entering, you'll be immediately drawn to the striking spiral staircase that elegantly connects the two levels, adding an element of architectural brilliance that sets this apartment apart. See floor plan and full details here.

115 Ashland Place, #3B
$679,000

Fort Greene | Cooperative | 2 Bedrooms, 1 Bath | 1,025 ft²

115 Ashland Place, #3B (Corcoran Group)

From the Listing: Facing Fort Greene Park, Kingsview Homes is a peaceful gated community offering tranquil, scenic living. Unit 3B is a large 2 bedroom with an L-shaped living and dining room, the semi-open concept is spacious and features panoramic windows spanning the width of the living room. The galley kitchen offers ample cabinetry with tranquil views of the tree line. The home has fantastic storage space, including a walk-in storage closet in the foyer and French door closets in each bedroom. With views of the pristine manicured grounds from every window, this home feels miles away from the bustle of the city! See floor plan and full details here.

151 East 83rd Street, #6B
$685,000 (-2%)

Carnegie Hill | Cooperative | 1 Bedroom, 1 Bath

151 East 83rd Street, #6B (Douglas Elliman Real Estate)

From the Listing: BRING OFFERS! MOTIVATED SELLER! MOVE-IN READY PRIME UPPER EAST SIDE PRE-WAR ONE BEDROOM ON A HIGH FLOOR WITH FLEX ROOM.Welcome home to this gracious apartment on a lovely tree-lined block located in the heart of the Upper East Side. The charming entrance leads to a very spacious living room enhanced with moldings, handsome hardwood floors, bookshelves, and a large WOOD BURNING FIREPLACE. See floor plan and full details here.

40 East 80th Street, #6B
$750,000 (-16.6%)

Carnegie Hill | Cooperative | 1 Bedroom, 1.5 Baths

40 East 80th Street, #6B (Compass)

From the Listing: Extremely motivated seller: bring offers. Located in the most desirable stretch of the Upper East Side, on the corner of Madison Avenue and East 80th Street, #6B is the perfect turn-key home. Just out your door is the best stretch of shopping and restaurants on the Upper East Side, as well as the infamous Central Park. See floor plan and full details here.

225 West 25th Street, #3F
$875,000

Chelsea | Cooperative | 1 Bedroom, 1 Bath

225 West 25th Street, #3F (Corcoran Group)

From the Listing: This massive, beautifully renovated Art Deco one bedroom coop at 225 West 25th Street in Chelsea is the largest in the building and priced to sell. A corner unit with south and east exposures, this home offers a formal entry gallery and a dedicated dining area presided over by a gorgeous, granite-topped bar with copious cabinetry and a wine refrigerator. See floor plan and full details here.

The Pembroke, #5L
$895,000 (-5.7%)

Midtown West | Cooperative | 1 Bedroom, 1 Bath | 975 ft²

The Pembroke, #5L (Brown Harris Stevens Residential Sales LLC)

From the Listing: MOTIVATED SELLER! Apartment 5L is a turn-key perfect, pre-war beautifully renovated 1 bedroom with a fabulous layout. Located in The Pembroke, a wonderfully maintained building on one of the prettiest tree-lined residential blocks in the heart of Midtown West. You simply cannot beat this central location. With a southern and northern exposure, this apartment has wonderful morning and afternoon light. See floor plan and full details here.

Bristol Plaza, #15A
$1,250,000

Lenox Hill | Condominium | 1 Bedroom, 2 Baths | 875 ft²

Bristol Plaza, #15A (Sothebys International Realty)

From the Listing: Nestled in the heart of the coveted Lenox Hill neighborhood in New York City, we present an exciting opportunity for those with a keen eye for potential. Welcome to a 1-bedroom haven on the 15th floor of the renowned Bristol Plaza – a highly desirable building that stands as a beacon of sophistication. See floor plan and full details here.

The Kenilworth, #8AB
$1,825,000 (-3.9%)

Carnegie Hill | Cooperative | 3 Bedrooms, 3 Baths | 1,750 ft²

The Kenilworth, #8AB (Coldwell Banker Warburg)

From the Listing: BRING OFFERS –MOTIVATED SELLER!

Experience sunlit luxury living in the heart of the Upper East Side. This spacious 3-bedroom, 3-bathroom apartment offers approximately 1,750 square feet of living space with desirable features including all-new wood floors, a home office, washer/dryer, and a balcony. Wake up to the morning sun streaming through the expansive windows in the living room and primary bedroom.Ample closet space, including two walk-in closets in the primary bedroom, ensures plenty of storage. See floor plan and full details here.

The Seville, #25C
$2,395,000 (-11.3%)

Lenox Hill | Condominium | 2 Bedrooms, 2.5 Baths | 1,607 ft²

The Seville, #25C (Douglas Elliman Real Estate)

From the Listing: NOW PRICED TO SELL. Fully renovated and sun-flooded, high-floor residence in MINT condition. Residence 25C boasts fantastic light by triple exposures; the oversized windows capture views of the East River and of the city to the North and South.At over 1,600 square feet there are 2 Bedrooms, 2 Bathrooms and a Powder Room. The home features beautiful hardwood floors, high ceilings, and custom built-in closets creating plentiful storage throughout. See floor plan and full details here.

161 West 15th Street, #7F
$2,745,000

Chelsea | Cooperative | 2 Bedrooms, 2 Baths

161 West 15th Street, #7F (Avenue 8 Inc)

From the Listing: Brand new to market, this exceptional two-bedroom, two-bath home doesn't miss a beat. Glorious light and views compliment this extraordinary loft which has unique and coveted features. Most notably, its enormous, fully outfitted, and fully equipped stunning private roof terrace. See floor plan and full details here.

The Rushmore, #6C
$2,750,000

Riverside Dr./West End Ave. | Condominium | 3 Bedrooms, 3 Baths | 1,770 ft²

The Rushmore, #6C (Sothebys International Realty)

From the Listing: Welcome to this 3-bedroom, 3-bathroom corner home, with three exposures, boasting beautiful direct river views, from all rooms. This bright and spacious, with 24 floor-to-ceiling windowed home, is currently set up as a 2-bedroom, with a separate home office, which is the third bedroom. The expansive 17-foot by 25-foot great room, with custom lighting throughout, combined with striking views of the Hudson River, plus the lush greenery of Riverside Park, allows for the most sophisticated level of entertaining. See floor plan and full details here.

The Heritage, #19B
$4,075,000 (-2.4%)

Riverside Dr./West End Ave. | Condominium | 3 Bedrooms, 3 Baths | 2,150 ft²

The Heritage, #19B (Douglas Elliman Real Estate)

From the Listing: Priced to Sell. The best corner line in the building faces South and West. Sweeping river views abound in this sun-flooded corner, high floor three bedroom, three-bathroom home located in the premier white-glove condominium, The Heritage.The pristine residence spans approximately 2,150 square feet and boasts panoramic river views from the living room, master bedroom and second bedroom. There are hardwood floors, through-the-wall air conditioning, Lutron lighting and a vented washer/dryer. Apartment has an excellent light from the South exposure and breathtaking sunsets from the West.As you enter an elegant the apartment, an elegant gallery leads you to an impressive corner living room with six oversized windows facing south and west with picturesque river views. See floor plan and full details here.

551W21, #6A
$5,995,000

Chelsea | Condominium | 3 Bedrooms, 2.5 Baths | 2,469 ft²

551W21, #6A (R New York)

From the Listing: PRICED TO SELL! Designed by a world-renowned studio like Foster + Partners this already incredible residence has been customized by top Italian designers and craftsmen to create something truly unique and with no comparisons in the building. A turn-key jewel enriched with custom-made furniture perfect to live or as an investment. See floor plan and full details here.

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In this article:

Featured Listings with "Motivated Sellers" or "Priced to Sell"

235 East 49th Street, #9G
$375,000

Morad Beekman, #10C
$465,000

156 West 73rd Street, #4R
$489,000 (-11.1%)

Lincoln Terrace, #4U
$525,000

Riverview East, #3J
$585,000 (-6.4%)

333 East 79th Street, #7P
$585,000

Sherman Tower East, #2L
$600,000

50 Sutton Place South, #17D
$620,000 (-1.6%)

Select which properties are of interest to you:

The Brooklyn Loft Condominiums, #1C
$649,000

115 Ashland Place, #3B
$679,000

151 East 83rd Street, #6B
$685,000 (-2%)

40 East 80th Street, #6B
$750,000 (-16.6%)

225 West 25th Street, #3F
$875,000

The Pembroke, #5L
$895,000 (-5.7%)

Bristol Plaza, #15A
$1,250,000

The Kenilworth, #8AB
$1,825,000 (-3.9%)

The Seville, #25C
$2,395,000 (-11.3%)

161 West 15th Street, #7F
$2,745,000

The Rushmore, #6C
$2,750,000

The Heritage, #19B
$4,075,000 (-2.4%)

551W21, #6A
$5,995,000

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In this article:

Featured Listings with "Motivated Sellers" or "Priced to Sell"

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Select which properties are of interest to you:

Listings in this article

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