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November 8, 2007
Condo of the Day: 252 Greene Avenue
Even though this condo conversion is just a couple of blocks from Brownstoner HQ, we'd somehow missed it when it hit the market in earlier this year. Most of the 12 units in the building have already sold—at prices ranging from $255,000 to $373,000. There are still three apartments left, according to aptsandlofts.com. Two of them are duplexes that include below-grade basement space and the third has exclusive roof rights. And although we can spot some el cheapo doors in some of the photos, it does appear that the developer has tried to preserve an old-school vibe in the place, including saving some original floors. Has anyone seen any of these last few units?
Clinton Court Listings [Aptsandlofts] GMAP P*Shark
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Comments
Actually, those units have been on the market since Sept2006, and the agent in charge of the sale gave up in Sept2007.We made a 10%lower offer on the top unit,and the sponsor didn't seem to be willing to negociate.There is a lot of structural renovation needed and the roof rights story is misleading,to say the least.They are selling 80000$ a potential terrace with absolutely no guarantee that you can build it up,due to board approval, safety rules etc...Our lawyer looked at the by laws and said this was a really bizarre thing.
Good luck anyway.
Posted by: guest at November 8, 2007 1:11 PM
saw these last year. absolute crap.
Posted by: guest at November 8, 2007 1:18 PM
I went to an open house in February or March, and I saw most of the units. Yes there are many details left, but that's because most of the work they did on this building was very superficial, and overall it felt very shoddy. These are quite cheap for this location, well there's a reason. The photos are not representative at all. I was looking for a cheap apartment, and I was not very picky, but believe me this building is BAD and I ran from it. I can't believe that most units are sold, and I feel sorry for the people who bought there.
Posted by: guest at November 8, 2007 1:19 PM
I was just looking at these online yesterday, and was completely floored by the silly layouts. One has a kitchen and bedroom on the main floor, so I guess you'll be carrying your food down to the sub-grade basement to eat, and the other had the kitchen across the apartment from the only real living space. Bizarro-world. I hope the ones people actually bought were better.
Posted by: guest at November 8, 2007 1:29 PM
I visited these over a year ago. I don't think they are a good investment. The renovation was done on the cheap. The way the spaces are divided in the duplexes is not inviting. In fact, they were both rather dank and depressing, and I think they are exaggerating with what they consider livable space. The "garden duplex" looks onto a lovely cinder block wall and cement yard. There may be structural problems as well, what with sloping of the floors and cracks in the walls. The roof in the upstairs apt. was leaking when I visited, sending paint chips falling onto the floor, but maybe they fixed that. I'm amazed at these photos, the place is DEF. not that cute. In all, they might be ok rentals, but I'm not surprised that they have not sold at these prices.
Posted by: guest at November 8, 2007 1:35 PM
I looked at these and they are really depressing. As mentioned above, the seriously sloping floors and wobbly central staircase make the building seem like it has problems and in the end the owners will have to pay to fix them. The below-grade units smelled seriously damp and there were visible fresh mouse poops all over the kitchen of one unit we saw. Bummer.
Posted by: guest at November 8, 2007 1:48 PM
That used to be my apartment up on the fourth floor. I loved the apartment, as it was a super cheap rental that I split with a friend, but got booted from over a year and a half ago so they could do the cheap renovation. They really didn't do anything to the apartment, all the floors are warped and if it's managed by the same people now they are basically criminals. I bought a place in Park Slope and feel much better about that even though this place is way cheaper.
Posted by: guest at November 8, 2007 1:55 PM
I got the feeling from the "low money down bank" the broker was pushing that it was an elaborate scheme to trick people with limited means into buying with a subprime loan. Maybe the buyers are about to be screwed by their loans, if they haven't been already.
Posted by: guest at November 8, 2007 2:00 PM
I looked at these apartments when they were on sale unrenovated and they were horrifying. It was raining that day and the rain was in several apartments (I assumed roof damage) and those ground-level duplexes were totally Silence of the Lambs. It sucks, because that was my price range.
Posted by: guest at November 8, 2007 10:14 PM
Brownstoner, these have been on the market for over a year through another broker who gave up the listing. why is it you seem to tout the crap that apts and lofts has to peddle? there aren't other more significant developments that haven't been on the market for a year. This is really sgilling, but I'm curious what your getting from such a low rent bodega broker?!
Posted by: guest at November 9, 2007 3:58 PM
My husband and I checked out the duplexes a few months back. They called them 'partial renovations' -- so that the owners could essentially make it their own. Most of square footage, however, was in the dungeon basements. I'd pay $425k or so for the duplex with the backyard -- because a., it's really just a nice-sized one-bedroom (you cant count the basement, sorry) and you need to put at least $50k-$75k into the place. Maintenance was kinda high as well, if I'm remembering correctly.
Posted by: guest at November 14, 2007 5:32 PM
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