Co-op of the Day: 133 8th Avenue, #2CD
Apartment combinations don’t always work layout-wise, but this new listing at 133 8th Avenue looks just swell to us. The four-bedroom pad in this Montrose Morris-design building has a very large living area, the result of two mirror-image living rooms being combined; it’s also got a generous master suite and plenty of extra rooms to…
Apartment combinations don’t always work layout-wise, but this new listing at 133 8th Avenue looks just swell to us. The four-bedroom pad in this Montrose Morris-design building has a very large living area, the result of two mirror-image living rooms being combined; it’s also got a generous master suite and plenty of extra rooms to stash the kids. Prewar details? Check. Tasteful modern kitchen? Check. The price is $1,495,000, or less than $100,000 per window. You digging it?
133 8th Avenue, #2CD [Brown Harris Stevens] GMAP P*Shark
I think the place is pretty and spacious, but when you start doing the math it seems like you aren’t really getting the bang for your buck. There is also a very cold feel about it, especially the kitchen. This would need a master decorator to make it feel like a home and after all of that you could have gotten some gorgeous prewar beauty.
I love modern, I really do. I just wish people would stop trying to make ranch houses into French chateaux and classic sixes into lofts. It rarely works, and to do it well usually requires a great deal of money.
Denton’s house is a notable exception. His remake fits in very well with the original shape and size of the building.
This is god-awful hideous, are you kidding me? They turned what were once undoubtedly two gracious apartments into a fake loft with a builder’s-quality renovation.
Price does seem high & I wondered about the place being empty too. I live around the corner with a window facing 8th Ave & it does get pretty noisy – busy area with Union St just a few blocks away. Off topic Miss M ru mom to two B@ 321 & G @ Rivendell? If so our paths have crossed.
Mario M – great analysis, you’re out-muffetted me! I remember seeing that apt for sale in 401 8th Ave (Betancourt was selling it) and while I didn’t see that unit, I’ve seen in others in the bldg and agree it makes a good comp for this COTD and this coop does indeed increasingly overpriced!
And I’ll continue talking to myself, just because it irritates me to see people throwing around numbers without even taking out a calculator and seeing how big the place is and what ppsf their informal offers amount to. So…how big is this thing? It’s 18 feet wide average, at most (18.5 at its widest point) and probably not 100 sqft long, right? so less than 1800. Let’s say it’s between 1500 and 1600. To ask 1.5 for this luxurious walk-up amount to almost 1000 psf. Sounds reasonable? Not to me. New developments with celebrity cache in Manhattan are selling for 1300 psf (selling for, not asking) whereas Park Slope, North and Center Slope close to the park, really, doesn’t fetch more than 750 psf. That’s closed sales.
Actually, I’ll reconsider: 900K tops! I don’t see anything that makes this apartment better than the one I just mentioned. It has two tiny bedrooms, one of them without a closet, it’s just a totally absurd, makeshift, big-for-nothing thing, with awful use of space, forget the nice finishes. And high maintenance for a walk-up (in Park slope, walk-up maintenance is usually $0.75 psf or less).
A 1400 sqft 2nd floor 3 bedroom 2 bath in quite okay condition in an elevator building on 8th Ave and 4th St. with 2 exposures, one of them southern, just closed for 870K. (401 8th ave #22) Maintenance was 1100. And that was a good price, above ask, after a bidding war. Who en earth would pay 1.5M for this??? Get real, people! 1M tops!
I hear you, Brownstonerlogin.