What's It Worth?: Murray Hill Edition

A homeowner wants to know how much his Murray Hill apartment is worth ten years after he bought it for $345,000. His renovations include soffit boxes, new floors and the addition of a home office. The original sale price combined with the $100,000 he’s put into the space, makes a profit imminent, but will it be enough to garner the $1.3 million he’s hoping for? Two local brokers weigh in, but real estate mogul Barbara Corcoran has the final word. Find more real estate tips and trends at LXTV.