24th Floor Unit At Cosmopolitan Sold For $751,950 In 2007, Now $396,000

rsz cosmo1 24th Floor Unit At Cosmopolitan Sold For $751,950 In 2007, Now $396,000

I know I’m flooding the blog with foreclosure sales over the last 24 hours, but this one is incredible. Unit #2410 at the Cosmopolitan sold for $751,950 in 2007. Now the bank(s) is willing to sell at $396,000 which equates to a $412,610.42 loss!

From a cost per square foot perspective, in 2007 this unit sold for $571psf and now it is selling at $301psf.  I believe this will create a new cost per square foot record at the 2007 building.  I will need to confirm.

UNIT FEATURES:

  • Space Needle view
  • 1,315sf
  • 2bedroom, 2bath

BUILDING FEATURES:

  • 24 hour concierge
  • Fitness center
  • Business center
  • Homeowners lounge
  • Sauna
  • Hot-tub
  • Storage
  • Rooftop deck

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