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June 1, 2007
Co-op of the Day: 415 9th Street, Apt. 53
A prewar bedroom in Park Slope for $699,000? Sounds good to us. The only bummer about this fifth-floor apartment at 415 9th Street, as far as we can see, is the fact that it's a four-flight walk-up, making it a toughie for families still stuck in the stroller age. If your rugrats are already school-age, though, this could work, no? The apartment has a clean, light prewar aesthetic going on and a common roofdeck upstairs. The one piece of crucial info that's omitted from the listing is square footage. We have a hunch the bedrooms are gonna be on the small side. Anyone know this building? If you don't, you can check it out at the open house on Sundayfrom 1 to 3 pm.
415 9th Street, #53 [NY Times] GMAP P*Shark
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Comments
There's another drawback, in my book - it's a 3 bedroom with only one bath. I think that in conjunction with the walk-up can be a killer: people might be able to look over one or the other but combined, that gets complicated for a family with multiple kids.
Posted by: EJ at June 1, 2007 12:27 PM
walk up is a killer for families, even if the kids can walk you can only think of bringing up shopping all the time.
The other problem is 9th st, but maybe that is just me. I hate 9th st. I hate it below 6th, where everyone double parks and above 6th it is just a car super highway.
Posted by: Anonymous at June 1, 2007 12:32 PM
Having looked at a couple places in the building, I'd opine that the common areas are none too pleasant. I remember a fairly low owner occupancy too.
Posted by: MB at June 1, 2007 12:37 PM
I looked at the place below it. Odd layout, small bedrooms, minimal closets. And asking $150k less than this one.
Posted by: A at June 1, 2007 12:44 PM
A, that was a 2 bedroom, no? on the market earlier this spring?
Posted by: Wendy at June 1, 2007 12:48 PM
Wendy, Probably that one. Billed as 2BR, but it was same line as this one (#33, I think, on market with Corcoran) and could have been billed as a 3BR. The MBR was really the dining room (no closets) and the LR was maybe 150sf. In addition to those two rooms, there were 2 extremely tiny BRs.
Posted by: A at June 1, 2007 1:00 PM
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=987135
Posted by: A at June 1, 2007 1:03 PM
I've seen a few in the building as well and this one is priced a lot higher than the other ones (and those were on lower floors). This one should be the same layout as #33 but the kitchen is where one of the bedrooms is (the one next to the bathroom) with the wall knocked down. The smallest "bedroom" is really at best useful for a nice little office space. I can't remember though if this is one of the ones that face the street or the back.
Posted by: c at June 1, 2007 1:18 PM
A, the place i am thinking of must have been a different line. it was def. a 2 bedroom, probably no more than 850 sq ft. it was FSBO and I think it went for 550K.
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Posted by: Freddie Aguilar at June 1, 2007 3:25 PM
I think when a room opens off the living room with french doors, it's a former dining room, agreed. I wouldn't like this layout. I have a friend who built a new home in the suburbs and they actually built it with the master bedroom opening directly off the living room! I'm like, you planned it that way? Yuck. Bedrooms and bathrooms always always always need to have at least a small hallway dividing them from public spaces. If it can be helped. Which in NYC is often not the case of course.
This will sell to a single or a young couple who want extra space, rather than a family. Nothing wrong with that. Anything a single or young couple are looking at in Park Slope that's more than 1 BR is going to be in this price range anyway.
Posted by: Anonymous at June 1, 2007 3:27 PM
I could not deal with a fifth floor walkup. That is, like, the immigrant experience circa 1890. At least you would have your own bathroom. There's a big concession to the twentieth century.
The building is really ugly too.
Posted by: Anonymous at June 1, 2007 4:54 PM
Welcome to the Depression 2007 - at least this is the prelude and set-up. Once the market value of these apartments collapse, they will be the ideal symbolic hovel - four flights up and a crushing monthly cost during a time of declining economic options and income. Yup, this apartment is a steal!
Posted by: anon at June 1, 2007 8:59 PM
I saw an apartment in this building a couple years ago. The place reminded me very much of the building I lived in on the Upper West side. I think at least one of the rooms and maybe the kitchen faced an airshaft. And the flights of stairs up to the apt. weren't nice. Sort of dreary and institutional, with barred windows looking out on tar roofs, ugly brick walls. It lacked the charm of, say, a brownstone building and apt.
Posted by: anonymous at June 1, 2007 11:21 PM
Well, 8:59, it might be a relative steal at 325K in February 2009 or 2010!
Posted by: Anonymous at June 2, 2007 3:33 PM
I'm with the rest of the crew here -- as a parent of a baby and a toddler, I wouldn't even waste the calories burnt going up the stairs to check the place out. But then again, at that price I wouldn't have done it if I had no kids and was a marathoner. Honestly, is Park Slope KIDDING with these prices? I don't even agree that the layout is great. Nothing about this apartment says wow. Hope it sits there a long time, but based on historic evidence, I'm sure there will be a bidding war because there's always some crazy mofo out there willing to keep this insane market puttering along.
Posted by: ParkSlopeRenter at June 3, 2007 4:02 PM
Let's correct a few things: 75% of the building is owner occupied. Fact. There are no bars on windows in the stairwell. Fact. Just wanted to clear that up.
Posted by: 9thstreetguy at June 4, 2007 8:54 PM
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