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May 21, 2007

Co-op of the Day: 28 Old Fulton Street

eaglewarehouse0507.jpg
What's it cost to live in one of the most photographed buildings in Brooklyn? About $750 a foot, according to the latest listing to hit the market in the Eagle Warehouse at 28 Old Fulton Street on what we think of as the borderline between Brooklyn Heights and Dumbo. (In his profile of the street in yesterday's New York Times, Christopher Gray noted that a 1939 guidebook called Old Fulton a "sort of Brooklyn Bowery, with flophouses, small shops, rancid restaurants, haunted by vagabonds and derelicts.”) The photos of the interior of the apartment reveal a much brighter, lighter (paying attention Nick Drake fans?) space than what we would have imagined given the heavy Romanesque, almost fortress-like exterior. This 1,775-square-foot, three-bedroom co-op on the 5th floor is probably reasonably priced at $1,350,000 given that the same apartment one floor below closed for $1,275,000 back in August of 2006. (This two-bedroom in the building recently went into contract for $1,595,000.) We generally dislike curved anythings when it comes to interior design, but it looks like the open eating counter makes sense in this layout. Otherwise, everything looks very clean and attractive, likely to please both modern and traditional palettes.
28 Old Fulton Street [Corcoran] GMAP P*Shark
From Ghost Town to Park Gateway [NY Times]
Photo by thegirlsny




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Comments

I suppose a view is too much to expect.

Posted by: Anonymous at May 21, 2007 12:54 PM

Lighter than expected? Seems like every light is on for the photo.

Posted by: Anonymous at May 21, 2007 1:00 PM

i live in this building and have been to the apt on the 4th floor below. IMHO, using the 4th floor as a benchmark, this apartment should be worth more than 1.35. it is not as well appointed as the 4th floor (4 had recently received new high end bathrooms, had a bit nicer kitchen and was more attractively painted and fixtured), but this apartment has something 4 does not - 2 windows on the east side of the living area. that is huge because 4 only had windows facing out to the watchtower building behind it, and it was quite dark as a result. given this, 4's sale price and the uptick in the market i would have thought this would be listed higher.

Posted by: bklyneagle at May 21, 2007 1:14 PM

Considering how interesting the outside is, the inside is very boring. The rooms are so narrow, and the master br. has only one window. I don't care for the floors either. Are they old?

Posted by: Anonymous at May 21, 2007 1:17 PM

"Lighter than expected? Seems like every light is on for the photo."

Doesn't look like that to me, at least in the LR/DR shots. You can even see the bulbs of the overhead lights and they aren't lit.

Of course, the photographer could have brought lighting and set it up out of shot.

Posted by: EJ at May 21, 2007 1:33 PM

Mr. B - Why make a comment about not liking anything curved for interiors. Are your taste so exquisite that we should all bow down to the "Brownstoner" design style. Remember all those people that hated what you were doing to your own house that you stopped that blog. In the future I'd rather you resist making such subjective comments. We are all very sensitive.

Posted by: Anonymous at May 21, 2007 1:39 PM

"We are all very sensitive."

don't speak for me, please. not all of us have eggshell sensibilities that cannot withstand the slightest expression of taste or style contrary to our own.

Posted by: z at May 21, 2007 2:01 PM

Hell, I hate that curved stuff, too.

Posted by: anon at May 21, 2007 2:08 PM

why have a blog if you can't express an opinion??

you're pathetic 1:39.

a human being disguised as a frail little bird.

Posted by: anon at May 21, 2007 2:41 PM

I know nothing, but I like it.

Posted by: anon at May 21, 2007 3:17 PM

Sheesh, the guy doesn't like round stuff--piss off, already, if you do. Or say so. There ya go! This building is wicked-cool. I once saw a great spread (the Times, I think) on the unit behind that glass clock face. Unbelievable....

Posted by: bob999 at May 21, 2007 3:35 PM

i have always found the building hallways oppresive ... kind of like being in a rathskeller

Posted by: Anonymous at May 21, 2007 4:45 PM

I would put pocket doors in the middle room and have it be a study/guest room that can open into the main space. The third bedroom looks a little weird. the door is in the wrong place, but that is easily fixed. This is not a brownstone in Clinton Hill so the negative comments on this blog are to be expected, but looking at it objectively, it seems like a really nice space in a very interesting historic building. the maint. is a little on the high side especially since there is no parking. The DUMBO buildings are better in that regard.

Posted by: Anonymous at May 21, 2007 6:35 PM

the market was not in fact considerably stronger last year. there was certainly a lull around christmas but things have picked up steam considerably this spring. my apt in the same building was appraised this spring at a 5% premium to last spring by my broker. plus note my comment about the east facing windows in the main living area, which the apt below did not have.

Posted by: bklyneagle at May 22, 2007 10:32 AM

Never liked the building. Too heavy and oppressive feeling. Windows are too small and the building and the area does not feel residential.

Posted by: Joe at May 22, 2007 11:01 AM

Oh, everybody's a critic!

Posted by: anon at May 22, 2007 11:46 AM

i went to the open house on sunday. i wasn't impressed with the building or apartment at all. the building itself is very dark, and it's like a maze to find the apartment. the apartment itself needs some work, imho.

Posted by: went to open house at May 22, 2007 4:01 PM

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