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UPDATE: The House Sold Blazingly Fast—But for Much Less

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This beautiful house at 20th and Delancey—listed as being at "an OCEAN FRONT location"—got an offer after only a month. Two days ago, the sale became final but the discrepancy between the asking price in August ($2.65 million) and the sale price this week ($1.75 million) was $900,000. That smarts.

· Blazingly Fast Sale? 'Ocean Front' Home on Delancey Street [CPHI]