Flipping units at 70 Washington in DUMBO
A studio plus home office with 1217 square feet of space is being flipped by a buyer at 70 Washington in Dumbo. Elliman has the listing here.
All the J line units on the 70 Washington site have been sold, so we have no basis on how much this buyer may be making if he gets his asking price of $1.499MM. We can surmise that he possibly paid $900K to $1.1MM on it depending on when he purchased it, so he could be walking away with a few hundred thousand dollars after all is said and done.