Sell in May and go away

48 North Ridge, Havemeyer, $3.395 million, is pending after 6 days. I wrote about it when it hit the market last week, noting that the owners were staying for just two years after pursuing it in a bidding war, paying $2.916 million for the privilege of moving in and now moving out.

Of course, I don’t know the circumstances behind this sale, and I suppose that, depending on how much over ask it’s selling for this time, some profit will be made, but on its face, it strikes me as a lot of effort and inconvenience for a limited gain.