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Reader comment on:
Whaaat? Studio Offered for $2.1 Million
in response to reader comment: Well, it's actually a $63.5 a foot discrepancy, Curious

Submitted by Curious, Jan 24, 2007 20:32

I thought that the average studio sold for $519 per square foot, not that the average studio is 519 square feet, and of course the same mistake for the one bedrooms. I think that it is common practice for office space to have a loss factor, i.e. the difference between the rentable and useable square footage.


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I don't see how the discrepancy is $63 based on the numbers provided. [MORE]

Curious 

Jan 21, 2007 06:54

Studio 445607/519 = 858.5877 per sq ft 1BR 705439/765 = 922.1425 per sq ft Diff is 63.55482 per sq ft However sq footage... [MORE]

rhony2 

Jan 24, 2007 14:53

I thought that the average studio sold for $519 per square foot, not that the average studio is 519 square...

Curious 

Jan 24, 2007 20:32

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