700,000 euros for a slum: the incredible real estate ad published in New York

Does New York’s Housing Crisis Allow All Abuse? An ad posted for a house in the Big Apple is chilling. Spotted by the American site TwistedSifter, it offers for sale a property that is totally dilapidated and “not livable as it is”. A house of 250 m² located in the district of Queens and listed at 828,888 dollars, or about 738,000 euros. The announcement, very succinct, is accompanied by photos, each more worrying than the last: they show the deplorable state of the house, details Le New York Post.

If the street-side facade is delusional, everything else is filth, sagging ceilings and mold. Surprising for such an ad where real estate agents usually try to show the best side of the property for sale. But the TwistedSifter site provides an explanation for this publication: this type of business could interest a promoter or an investor who will recover land of nearly 500 m² once the house has been demolished. In this case, it is better to dissuade potential buyers who hope to be able to renovate a house cheaply.

Scandal in Paris

A bet that could prove to be a winner: between the price and the dilapidated state of the house, ordinary buyers should be discouraged by the announcement. The house, left in its own juice, is nothing but filth and visibly falling into ruins.

>> To read also – Indecent housing: a number to denounce its owner

New York isn’t the only city with real estate listings that can make buyers jump. In October 2018, an owner sparked an uproar by selling a 12.35 m² apartment, located in the 9th arrondissement of Paris, in appalling condition. Completely unsanitary, the accommodation was offered at 205,000 euros, details Le Figaro. Even more surprisingly, he had quickly found a buyer.

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