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May 29, 2009

19 unsold condos in Lumen will be auctioned off July 11

Image courtesy 500 Mercer Partners [enlarge]
One-bedroom, one-bath units in Lumen previously priced at $460,000 will have a minimum price of $175,000. Two-bedroom units will start at $275,000.

Nineteen unsold condos in the Lumen complex at Fifth Avenue and Mercer Street will be offered at an auction July 11, with minimum selling prices nearly 50 percent below the prices set when the 93 condo units were first offered for sale in 2006.


 
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