Biggest price cut of the day

June 15, 2009 04:25PM
1040 Fifth Avenue

The home to see the biggest price cut today is a three-bedroom, four-bath co-op at 1040 Fifth Avenue, according to Streeteasy.com. The price of the prewar home, apartment 56B, was cut by $1 million, and the apartment is now on the market for $10.2 million. This is the apartment's second price cut, and it is now listed for 21 percent less than its asking price of $12.9 million when it first went on the market in February. The Corcoran Group's Immy Mullin and Ruth Samuels have the listing. Another home to see a significant price cut today, according to a press release, is the penthouse at the Prime, at 333 West 14th Street. The penthouse's price was lowered by 21 percent, and is now on the market for $5.9 million, down from $7.5 million. TRD

Tags: 1040 fifth avenue 333 west 14th street prime streeteasy.com

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