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July 2, 2007

Condo of the Day: Montauk Club Duplex

montauk001.jpg
It was only recently that we realized that part of the Montauk Club had been converted to condos several years. From what we can piece together, it looks like there are only six residential units, of which this 2,000-square-foot three-bedroom duplex is one. The interiors look pretty nice in a modern way—no evidence though of any of the hardcore wood paneling that defines the lower floors. And clearly the location and views rock. So how does the $1,545,000 asking price strike you?
25 8th Avenue [Brown Harris Stevens] GMAP
Photo by gmpicket




Posted by Brownstoner at 12:34 PM | Comments (27)
Categories: Condos, Park Slope

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Comments

uh oh...cherry cabinets, stainless steel appliances, black granite countertop. Very 2000.

Posted by: matilda at July 2, 2007 1:07 PM

I think this looks fantastic.
Low maint, great location.
A triplex.
I'll take it.

Posted by: Anonymous at July 2, 2007 1:07 PM

This unit should be part of the Montauk Club again. The price is relatively low - but the landmark building is in desperate need of renovation, and that unit sits directly above what is an active bar.

Posted by: Eryximachus at July 2, 2007 1:19 PM

When I saw your title, I was expecting over the top Victorian wooodwork, and some other period details, maybe some stained glass or parquet. Nada. Very disappointing. This is nice enough, but could be in any prewar building.

Not going to comment on prices, as I could buy an entire house and fix it up to perfection, in my nabe, for this, but that's apples and oranges.

I've been in the period rooms downstairs, albeit 20 years ago, and they were fabulous. I hope all of that Victorian excess is still there.

Posted by: Brower Park at July 2, 2007 1:21 PM

Matilda, I'm about to pick on you because I've heard that kind of response too many times on this board. Can you please fill us in on what is IN this year so we can rip out our kitchens and baths every 2 years? It's not a pair of sneakers. It's a kitchen!

Posted by: Anonymous at July 2, 2007 1:21 PM

Thank you 1:21. Comments like Matilda's are absurd.

Posted by: stainless steel?!!! at July 2, 2007 1:32 PM

Nice entertainment system! I mean, seriously, why would they put that photo in the mix? It says nothing about the apartment. What about a picture of the bathrooms? The bedrooms? Seems like a rather ordinary apartment.

Posted by: Anon at July 2, 2007 1:33 PM

I saw this apartment. It has very little period detail in fact none reallybut a lot of space. The renovations feels very 1990 and for that price you would expect something very updated--I would want to change the kitchen and bathrooms but could not afford it at that price. also there is a pretty high maintenance and then an on-going monthly assessment--given this i think it overpriced by about 300k. The space is nice but it is really a spacious 2 bedroom, the bedroom downstair is more of a den/ visitor space. there are two commercial business on the ground floor.

Posted by: Anonymous at July 2, 2007 1:43 PM

I saw this apartment. It has very little period detail in fact none reallybut a lot of space. The renovations feels very 1990 and for that price you would expect something very updated--I would want to change the kitchen and bathrooms but could not afford it at that price. also there is a pretty high maintenance and then an on-going monthly assessment--given this i think it overpriced by about 300k. The space is nice but it is really a spacious 2 bedroom, the bedroom downstair is more of a den/ visitor space. there are two commercial business on the ground floor.

Posted by: Anonymous at July 2, 2007 1:44 PM

I'm with Matilda. The cabinetry is very off the rack circa 2000. Wenge and Zebra wood are going to look just as tired soon. What a good designer does is create things that transcend the trends put forth by the big manufacturers. Too many people designing things in the cabinet aisle at Home Depot and not taking the process seriously. It's not about money or fashion, but about expanding your vision beyond the mass marketplace.

But of course if you don't see the difference, you shouldn't pay for it.

Posted by: EG at July 2, 2007 1:58 PM

I would imagine the upkeep on the exterior facade would be huge $$$$. Who would be responsible?

Posted by: Anonymous at July 2, 2007 2:00 PM

The exterior of the structure is in need of major repair and the condo owners will be assessed soon. All condo owners are responsible for a pro-rata share of the expense, equivalent to their respective ownership interest as defined in the condominium offering plan (I think the shark has the exact percentage).

Needless to say, it WILL be expensive.

The current owner is probably bailing because they don't want to pay for it. It's borderline unethical that the broker's website doesn't disclose this information. It's also comical the current owner is asking for a price similar to other large units in the area in older buildings for which no major assessment is coming in the near future.

Posted by: Eryximachus at July 2, 2007 2:47 PM

Matilda's right-- cherry cabinets and black granite counters became a fad whenever it was--late 90s?--and now do, indeed, date a renovation. They don't make it terrible; they just look a little stale. My unsolicited advice: go with classic white, shaker-ish cabinets (or other simple fronts) and some kind of black/gray counter. Will look fresh and clean for decades.

Posted by: Anonymous at July 2, 2007 2:52 PM

The assessement is in the area of 1k per months.

We have been at open house there and the broker has some information on the assessment.

BTW: Owner is president of the board. He suggested the assessment.....

Posted by: Anonymous at July 2, 2007 3:11 PM

i saw it, after being excited about the floor plans, but the reality isn't so exciting. It is a nice apartment but the floorspace allocated to "closets" are so huge mainly because of the steeply pitched roof makes 1/2 the space unusable as anything other than a place to slide a box, yet of course they are reporting that unusable sq footage in the total. Also the home office is up the top, very claustrophobic and can hear everything from the kids rooms on the 2nd level. So in the end it boils down to a much smaller usable space than the plans suggest. You can surely get a 1500 sq ft of classic 6 pre-war around the corner for the same money (and a wait).

Posted by: Anonymous at July 2, 2007 3:44 PM

I looked at these spaces when they were first offered for sale. All of the spaces involved clumsy and inconvenient layouts with loads of unusable space.

I don't think that these are worth consideration by anyone.

Posted by: Anonymous at July 2, 2007 4:25 PM

it hurts my tummy to imagine what that interior must have originally looked like. this apt. looks awfully sterile suburban for that kind of $$.

Posted by: Anonymous at July 2, 2007 5:12 PM

Was there any detail there originally. It doesn't look like it has anything to do with the Montauk Club.

Posted by: Anonymous at July 2, 2007 5:36 PM

The 4th and 5th floors were where the hotel rooms were originally. The roof was in significant disrepair for decades and as a result, those floors were totally destroyed.

Only the 3rd floor unit has any original details, as that was the former dining hall. The kitchen was there originally however, so the part of the 3rd floor that was the kitchen was of course gutted.

The club didn't convert the property to condominium ownership willingly - there was a tax lien and the necessary roof repairs that made them sell out at a ridiculously low price to a predatory developer.

Posted by: Eryximachus at July 2, 2007 5:41 PM

If the condo doesn't thrill you, the Club itself will. The place is hopping, as a result of new management, new chef, and much new, good, press. And the buzz is attracting a slew of attractive, intelligent and downright nice, new members. The Club's under-35ers, have been hosting well attended cocktail evenings, and the Club's new Arts Committee has hosted a number of literary and musical events including a blue grass "Hillbilly Ball."

Posted by: Lord Montauk at July 2, 2007 6:00 PM

Hillbilly Ball eh? Sounds very, very welcoming.

Posted by: Anonymous at July 2, 2007 6:10 PM

It strikes me as hugely insulting.

Posted by: Barf at July 2, 2007 8:52 PM

That's why they call you barf

Posted by: Anonymous at July 3, 2007 12:47 AM

BHS unethical..surely you are joshing!

Posted by: stoner squad at July 3, 2007 8:35 AM

1.5 million for a single APT is insane, no matter what the fracking cabinets look like. When are people going to stop the insanity.

Posted by: Realist at July 4, 2007 3:58 PM

I am a certified Hillbilly and I take no offense, you uptight Yankees. Now please get back to saving the children. Please! … Won’t somebody save the children?!

Posted by: Anonymous at July 5, 2007 1:27 PM

When this was purchased the developer picked up the lot and building for a million and managed to bankrupt the project. The lot and basement went to auction and sold for some ridiculously low price. The top rooms never really had much detail from what I understand. They were for club members who needed to sleep it off or something like that. I've heard many stories. The developer had brutal taste even when it was done in the 90's. I also have heard that the building never got a C of O.

Posted by: anon at July 5, 2007 6:55 PM

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