Flip report generated Apr 18, 2025
The Flip Potential of
246 Spring St Unit 4103/4104 New York, NY
is medium.
Current Specs
2 Bed / 2 Bath
963 sqft
$1,646 per sqft
Estimated Value$1,584,700
Flip Advice
This condo at 246 Spring St in Manhattan’s Hudson Square is listed at $1.5M, with a recent third-party valuation at about $1.58M. The building is modern (built in 2009), offers luxury amenities, and sits in a high-demand neighborhood where median listings are above $4.2M. However, the HOA fees are steep at $5.5K/month, which can deter some buyers and cut into profit margins.
For investors eyeing a flip, the limited price gap between the list price and the current value, plus high monthly costs, means profits will be slim—especially since this unit doesn’t appear to need major renovations. If you’re a homeowner hoping to sell, your best move is to focus on staging, minor cosmetic upgrades, and marketing the lifestyle perks of this top-tier building to attract buyers who value amenities and location.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.