205warrenLR.jpg
We love the former Catholic school building at 205 Warren Street that this 1,300-square-foot loft apartment’s in. Built in 1887, the former St. Paul’s Parish School is now a 27-unit co-op. The second-floor apartments have 14-foot ceilings, making them ripe spaces for loft mezzanines. Two other similar apartments have sold recently, #2E for $995,000 this past July and #2H for $990,000 back in the summer of ’06. Based on those data points, #2A looks priced on the money to sell at $995,000, unless you think the market uncertainty of recent months merits a discount. Man, those windows are to die for.
205 Warren Street [FSBO] GMAP P*Shark
Former Catholic School on Warren Street [Brownstoner]
Residential Sales 6/2/06 [Brownstoner]


What's Your Take? Leave a Comment

  1. The 1500 sf Tribeca loft only has windows facing the rear of other buildings, according to the listing. That would account for the low price relative to the smaller units in same building. And relative to the Brooklyn loft.

  2. 7:35 pm

    i wrote the greenpoint post. i am an investor, not a broker. i recently bought for myself and looked at this particular building. since buying and moving, i started to research again for investment purposes.

    i frequently try to post intelligent, well thought out ideas.

    why bother i guess.

    i don’t even live in greenpoint, but it’s on my radar. i really don’t understand your 20 minutes to transportation comment.

    most of greenpoint is off the G or B61. also, there are 2 parks and really really good schools. i am telling this to the potential buyers with kids struggling to find something under a million in a safe neighborhood with good schools. if this buyer is you, i present you with my idea….

    i personally go for more modern spaces and would not buy an old bldg… so i am not even suggesting something that would appeal to me. i am suggesting an older greenpt bldg. for the above reasons…

    since this is brownstoner, i don’t understand why the folks that like old houses and typically have kids are anti-greenpoint. it offers so much more than crown hts, bed -stuy and other neighborhoods that totally lack good schools.

  3. I’m not complaining, but you might want to update the message that’s displayed after each post in that case. It says that after someone’s posts are approved the first time, it won’t be necessary on subsequent posts. This is why I was confused.

    Thanks! It’s too bad that some losers have to spoil things for everyone.

  4. “if you like it and can’t afford it now, check out greenpoint. some similar housing stock, and lots of conveniences and no “bad” area.”

    I always wondered who the lone Greenpoint cheerleader was. Now I know it’s a broker attempting to create the next “hot, hot, hot…location, location, location” (two turns of phrase that are so annoyingly irritating that they grate on my spine and make me want to haul off and smack someone every time I read or hear them).

    Unfortunately you lost all credibility with your last line. The location itself is an inconvenience and you obviously have a very succinct definition of the word “bad”. Let me broaden it for you: The fact that it is on the far reaches of the earth with no transportation [we’re talking an average of 20 minutes to walk to the nearest subway station] and that vinyl seems to be the exterior of preference makes it bad. And, a few bars and some sausage shops, do not amenties make.

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