Co-op of the Day: 450 Clinton Street

the floor plan is in a rectangle 40 down (generous) by 30 accross (generous). This means it is 1200 square feet, but minus the bite out of the lower left corner (120 sq ft at least).

Leaving a total of 1080 square feet. And that isn't even true living sq footage as there are closets, internal walls, and so on.

This puts the price-per-square-foot at a manhatten sized $856

1400 square foot my ass! There needs to be a fine for brokers pulling this trick. You can't sell 8 eggs advertised as a dozen, why can you sell apartments that overstate their sq footage by 25%?

It is nice to have parking, for sure. But you're PAYING for it (250/month) I rent a private garage a few blocks away for $200 a month.

No problem with the area. I live on clinton a few blocks down and love it.

Posted by: Anonymous at November 15, 2006 11:58 AM

there are no windows in one bedroom. kitchen sucks. Will be tough to use the study as a study when it is right off the kids' bedroom. sorry, but I do not see what is so great about it.

Posted by: Anonymous at November 15, 2006 11:58 AM

Exactly what I was thinking, no way this is 1400 sq ft. Closer to 1000 or so. And I think it'd be mighty tough to have "a couple of kids" in that place. I'd imagine they got an offer in the low 800K range and accepted. It's a beautiful apt, wonderful block but asking just under 1 million seems quite excessive...

Posted by: Anonymous at November 15, 2006 12:07 PM

This is the old church on corner of First Place. It is a great location, but not having a window in the 2nd bedroom is definitely not good.

I'd pay $300 in parking if I could actually park right next to my building -- but I'd rather street park on the block than have to use a parking lot a few blocks away. So parking on-site is definitely a plus. Still, it is expensive for the amount of space.

Posted by: Anonymous at November 15, 2006 12:43 PM

"Anon @ 11:58 where are you renting your parking spot for $200?"
just a bit se of smith/union, i was walking there and someone not craigslist savvy stuck a flyer on the garage. Spots do come up from time to time but you have to be very quick.

Posted by: Anonymous at November 15, 2006 12:47 PM

here today, gone today. so much for a housing bust.

Posted by: Anonymous at November 15, 2006 3:11 PM

This building used to be the Norwegian Seamen's Church. As I recall, Buscarello Bros did the conversion to apartments, and the work was deemed to be quite shoddy, numerous complaints, etc. Don't know if this apt or any others bothered to upgrade.

Posted by: Anonymous at November 15, 2006 3:15 PM

I looked at a place in this building about 6-7 years ago. the renovation was so/so. I think the buidling must have been renovated some time ago, before there was a strong market for higher end renovation.

Posted by: Anonymous at November 15, 2006 5:03 PM

We just bought in that building (different apartment). It didn't seem too shoddy, but then we are planning to upgrade some parts of the apartment (kitchen, bath). I have to say, the building is immaculate and the neighborhood is great.

Posted by: Anonymous at November 15, 2006 8:17 PM

Anon 12:07 is totally off about price. I think they probably got close to asking, mabye 899. Also how big does an apartment have to be to have "a couple of kids" in? I know people with two or three kids who live in a lot smaller apartments or small buildings. These bedrooms seem huge compared to the most and the study can be a playroom.

Posted by: Anonymous at November 15, 2006 8:26 PM

Not having laundry inside a unit that's asking for over $900K is a stretch for me. But that's just me, I have a laundry thing! Having parking is fantastic, I bet that's the thing that seals the deal each time a unit sells in that building. As for shoddy conversions, those are all over Cobble Hill and Park Slope in old buildings. It's hard to avoid unless you're buying a recent gut-reno condo, and for those you pay a pretty penny.

Posted by: Anonymous at November 16, 2006 10:56 PM

Hey Anon 8:26, it's 12:07 here saying that I hope you're right, because that would mean my 1200 sq ft apt a few blocks away is worth a lot more than I thought. And regarding "a couple of kids". Do you have kids? Do you think it is comfortable to have 5 people living in 1000 sq ft? And pay almost a million dollars for the privelage? Sounds a bit desperate to me. Just because it's physically possible, doesn't mean it is worth doing. Like the family in the NY Times this past week, who has a newborn baby in a 270 sq ft apartment in Manhattan. And they're not leaving. What a plan!

Posted by: Anonymous at November 17, 2006 6:32 PM