Condo of the Day: 150 Ocean Parkway

Absolutely not. If this sells at all it will go for about 290k

Posted by: guest at January 17, 2008 12:52 PM

Someday this war's gonna end...

Posted by: guest at January 17, 2008 1:20 PM

Damn it. I told you I'm not gonna pay a lot for this muffler.

Posted by: guest at January 17, 2008 1:33 PM

what is this $$$ per square foot nonsense??? wouldn't a 1400 square foot 1br vs a 1400 sf 2br be priced differently?

Posted by: guest at January 17, 2008 1:37 PM

$250k tops. More like $220k.

Posted by: guest at January 17, 2008 1:44 PM

$349,000?

That's a joke right? You can get a two bedroom that is nearly twice that size in the 100s on OP.

Posted by: guest at January 17, 2008 2:01 PM

OK, so this does seem high but prices have really gone up on OP lately. 2.01's comment that you can get 2 beds in the 100s doesn't apply any more, or if it does, it only applies in either very bad condition or way south. If pre-war 1 BR co-ops with higher maintenance charges are going in the 250 - 290K range, then this doesn't seem completely out of the ballpark.

Posted by: guest at January 17, 2008 2:06 PM

I say 200k tops.

Posted by: guest at January 17, 2008 2:07 PM

Not in the 100s as in dollars, 100s as in 100 OP, 110 OP, 160 OP, etc. I know somebody who just bought a 2br along that stretch for 300k and change.

Posted by: guest at January 17, 2008 2:12 PM

This is also one of the few condos along OP.

Posted by: guest at January 17, 2008 2:19 PM

I agree with 2:12. And what is with Orrichio-Anderson trying to list at these high prices? They are the same broker that listed the $574K apt on PPSW:
http://www.brownstoner.com/brownstoner/archives/2008/01/coop_of_the_day_92.php
Neither are going to get those prices. They are not prime areas

Posted by: guest at January 17, 2008 2:25 PM

Maybe if this were a super-nice 1BR it *might* get this. But the whole apt only has 2 windows! And the one in the bedroo is TINY. And it appears to be on the 1st floor. No way man, low carry or no, this is just too expensive for what it is.

Posted by: guest at January 17, 2008 4:11 PM

Its time mr. Brownstoner gets out of his blog bubble.

Posted by: guest at January 17, 2008 4:37 PM

It's time Mr. Brownstoner broke out the Mr. Bubble.

Posted by: guest at January 17, 2008 10:22 PM

This building doesn't look new to me; where is the ADA accessible entrance? I see stairs up to the entrance....

Posted by: guest at January 18, 2008 9:27 AM

The windows in front look to be large, those kinds of multi-paned loft warehouse style windows. Maybe this unit isn't in the front?

The lobby is nicely done. Someone did make an effort here.

I have no idea about price. But condos do cost more b/c they are more valuable as a property b/c you own your own unit fully as an individual, unlike a coop where legally you don't own YOUR unit, you own a share in the building. And on top of it, a condo's monthly carrying costs are lower. And with a condo you don't have to go through coop approval to buy, neither when you are selling, which if you own a coop is a huge anxiety your buyer won't be approved. Also this building has central AC and heat, which none of the nearby coops have.

Just pointing out those factors because they are quite meaningful to buyers.

Posted by: guest at January 18, 2008 10:20 AM

constant turnover at this building. we were looking last spring and saw at least four units available here at the same time.

Posted by: guest at February 3, 2008 11:35 AM