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November 8, 2006

Co-op of the Day: 41 Eastern Parkway

co-op
Here's a listing that puts Tuesday's Co-op of the Day in some perspective. The Windsor Terrace apartment we wrote about yesterday was in crappy shape, had only 1,900 square feet and was asking $1.3 million. Today's listing is on the other side of the park (a stone's throw from OPP), in lovely shape and clocks in at 2,100 square feet. And the price? A far more reasonable $1,150,000. We could see this new listing moving pretty quickly. Do you agree?
Property Listing #5905 [Harborview] GMAP
41 Eastern Parkway [NY Times]




Comments

This apartment has been on the market for some time, at least several months if I recall (I keep an eye on what is available in the Copley Plaza, whose apartments have great layouts). I think the price has dropped already, but I don't recall the original price.

Posted by: Anonymous at November 8, 2006 11:51 AM

I looked at an apartment in one of these large co-op buildings on Eastern Parkway but it had a 25% co-op flip tax. Don't know if this is one of those buildings....

Posted by: renogirl at November 8, 2006 11:51 AM

Great place but the locations couldnt be more different despite it being near the park. WT is much more desireable to some while Eastern Parkway would be to others.

Agreed the WT listing was outrageous but I prefer its location in terms of safety and schools.

Posted by: Anonymous at November 8, 2006 11:51 AM

"Agreed the WT listing was outrageous but I prefer its location in terms of safety and schools"

Huh? Please enlighten me.

Posted by: Anonymous at November 8, 2006 12:24 PM

Despite being in the Copley, there is a very good reason why this apartment has been on the market since April of this year – it has been totally butchered by the currently owners. I saw it at the initial open house and I think that the original asking price was a little bit over $1.2 million.

Now, back to the messed up layout. The current owners tried to combine the “maid’s” room and the kitchen and the end result is a kitchen that seem to span two separate rooms and that is totally impractical. The upper kitchen cabinets and a sink are in one room and the lower cabinets, stove and fridge are in another. There is also some other weird stuff that I do not remember. Also, the walls are in horrible shape and the baths (and the previous mentioned kitchen) need updating. Wait, there is more, they removed the French doors and some of the wall (in what looks like a chop job) that generally separates the living areas from the bedrooms. This is definitely not a gut reno , but whomever buys it (less that $1 is my guess) will have to put in a lot of work to get it anywhere close to the other apartments that I have seen in the building.

Sorry about the rant but I seeing it again just brought back all those horrible things that I saw.

Posted by: Anonymous at November 8, 2006 12:43 PM

This has been on the market several months - I'm another one who keeps tabs on Copley Plaza apartments because we almost bought a place in this line (A line) but on a higher floor. This is not the high flip tax building, that one is Turner Towers at 135 Eastern Parkway. For once the broker rhetoric is right on - this place IS a real three bedroom (no pitiful 8x6 space as the 3rd BR/study), huge formal dining room, decent living room, good windows in all rooms. I'm kind of surprised this one hasn't moved, though maybe other buyers have the same hesitations that we did about noise from Eastern Parkway and the nabe. Don't get me wrong, I like Prospect Heights, but the block right behind this one has had some real problems with drug dealing and noise. We didn't feel comfortable paying Copley Plaza prices to live somewhere where we wouldn't walk around the block at night.

Posted by: Zeebee at November 8, 2006 12:45 PM

speaking of OPP, when is that building scheduled to be completed and start actual showings. I have no intention of buying on, but I plan to taking advantage of the free tours that the open houses will allow.

Posted by: Anonymous at November 8, 2006 12:46 PM

Anon 12:43, thanks for that info. The LR and DR look exactly like the (great) layout in the higher-floor place we considered, so I thought these owners had kept the same layout throughout the apartment. What a shame they butchered that well-designed dividing area between living space and bedrooms.

Posted by: Zeebee at November 8, 2006 12:50 PM

I haven't seen this, so I shouldn't comment, BUT I must say that I love having no upper cabinets in the kitchen and a separate pantry with cabinets. If that is what you're describing, then that is just perfect. There is nothing uiglier than a kitchen crammed with upper and lower cabinets.

Posted by: Anonymous at November 8, 2006 1:40 PM

ZeeBee, I live on the block behind this place (Lincoln), and while I readily admit that it's far from the prettiest block in Prospect Heights and that there is a long way to go in the amenities department, I can say that I have seen zero drug dealing going on, and I walk back to my place from the 2/3 at all sorts of hours. I feel pretty safe there, but that's a personal decision, I guess. However, you are right about it being noisy... does this apartment face north?

And finally, I'm all for not having people pay Copley Plaza prices, as I love the nabe and hope to buy before it gets too pricey.

Posted by: ed at November 8, 2006 3:18 PM

"They removed the French Doors...."

A pox upon all the door removing bozos out there.

In my place, I am missing a door to my living room den and to my closet (there are hinges still there), so both spaces are open to the entry hallway. And the front and back doors are some nasty hollow core things, not the solid wood like the bedroom and bathroom doors.

So now I have to replace all the missing and crap doors. Taking out doors does not add value!

Posted by: Anonymous at November 8, 2006 5:42 PM

"There is nothing uiglier than a kitchen crammed with upper and lower cabinets"???

I don't think I've ever seen a kitchen without upper and lower cabinets. There's nothing uglier? Very strange comment 1:40.

Posted by: post at November 8, 2006 5:57 PM

5:57, my comment may strike you as strange, but "I don't think I've ever seen a kitchen without upper and lower cabinets" has got to be stranger still. There's a picture of one above. No upper cabinets is perhaps the biggest trend in kitchens of the moment--and for the past few years. Upper cabinets are bulky and create small, claustrophobic spaces. Open shelves or nothing at all above the counter is much more attractive. But of course, that is a matter of personal style. But you might want to take a look at a home magazine.

Posted by: Anonymous at November 8, 2006 6:10 PM

I am the one who made the original post about the kitchen. I take your point about the new trend in kitchens (no upper cabinets) and I now recall seeing such a kitchen in another Copley Plaza apartment - which I actually kind of liked it. If that was the intention of the people who "renovated" this apartment - then they clearly had a execution problem. You really have to see the place to appreciate how badly it was done. BTW, notice that the picture only shows one view of the kitchen. Also the butler's pantry that is referenced in the listing is in addition to the "two-roomed" kitchen.

Posted by: Donna at November 8, 2006 6:31 PM

It's amazing how some developers cheap out on things like upper cabinets, then other developers catch on to it, then it becomes a trend, and all of a sudden some idiot says "there is nothing uglier than a kitchen crammed with upper and lower cabinets." There is also very little that's less functional than a kitchen WITHOUT upper and lower cabinets. Where the f$ck are you supposed to put the dishes, glassware, bowls, etc., etc., etc. that every well equiped kitchen has to have. In your cheap "open shelves." That's a good place IF you want to dust every plate and glass you own every day. I agree that perhaps some counterspace without cabinets on top is a nice luxury, but not at the expense of actual storage space. You must eat at McDonalds a lot, because you clearly spend very little time in a real kitchen.

Posted by: anon at November 8, 2006 9:27 PM

Anon 11/7 9:27, get a grip, take a pill, and open a design magazine. Or check out Apartment Therapy, or any other design site. No upper cabinets is a trend in top-end homes all over, not cheap renos. As for where to put things, you have a pantry cabinet, idiot. Those are the same stupid comments people made about not having bathroom vanities. Now every tasteful bathroom has free-standing sinks with no lower cabinets. It amazes me that anyone so clueless actually reads this site.

Posted by: Anonymous at November 9, 2006 11:19 AM

My kitchen, which I designed to my own taste and needs, has no upper cabinets but open shelving instead. I cook a lot for a family of four, and entertain as well. I much prefer open shelving to upper cabinets. Everything is very easily accessible and it doesn't get dusty because I don't have a ton of stuff and what I have I use all the time. Things I use infrequently get stored in the lower cabinets or pantry. I also have the pleasure of insisting on having attractive stuff since it will be in plain sight.

I also happen to prefer a smaller kitchen to a large one, because in my experience it's more efficient. Less junk and gadgets, easier to find things, less distance to cover on the way to the fridge.

I think this apartment looks quite nice. I used to live in Prospect Heights and remember Copley Plaza as being beautiful, with a gorgeous marble lobby.

Posted by: kingston, ny at November 9, 2006 11:21 AM

This apt is not 2100 sf, it is 1800 sf. I know as I used to live in this building. This apt has been on the market for over 6 months. Other units in this building have sold for more, but they were in mint/excellent condition with high-end kitchens. This apt doesn't meet those criteria.

Posted by: bk at November 9, 2006 6:00 PM

Pound for pound windsor terrace is the best nabe in brooklyn..may not be as shiny as other nabes, but the BEST place to live and raise a family.

Posted by: leggomyego at November 9, 2006 8:20 PM

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