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January 7, 2008
Co-op of the Day: 801 Union Street #2

The owners who are selling this second-floor co-op at 801 Union Street claim that the offering price of $825,000 is less than all the brokers who keep calling them say it's worth. We'd agree. We suspect most brokers would be trying to pawn this two-bedroom off in the high $900,000's. Given the location (steps from Union Market) and the charming original detail, $720 a foot seems like a good deal to us, especially since the maintenance is only $636. Would you agree? Anyone make it to the open house yesterday?
801 Union Street [FSBO] GMAP P*Shark
Facade photo by Kate Leonova for Property Shark
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Comments
It's a nice place.
Posted by: guest at January 7, 2008 12:42 PM
its steps to an overpriced gourmet market!
omg it must be worth millions lolz!!!!!!!
Posted by: guest at January 7, 2008 12:45 PM
Inventory has jumped now that sellers have finished waiting for the quiet period. After weeks of nothing much there are now a number of tasty listings appearing. The market may not (with increased inventory) be where very recent comps suggest it is.
As for this one, can't tell. a floor plan would be nice. 825k seems like a late 2006 price ticket. Are things that much better now than then?
Posted by: guest at January 7, 2008 12:46 PM
why are they being "So gracious " as to give it away under what all those brokers are saying? seems sketchy to me that they are willing to eat 75k - or maybe they are just one of the last good guys left in park slope who really do not need 75k? since a 2 bedroom walk up closed on president street top floor for 640k (look in recent sales above) that perhpas they are wrong dead wrong about their "generous" pricing.
Posted by: guest at January 7, 2008 12:48 PM
Where's the bay window facing? Seems narrow and overpriced.
Posted by: guest at January 7, 2008 12:49 PM
need a floorplan, but I do think it's probably reasonable. a 2bed/1 bath that needs a new kitchen isn't going to be more than 875 tho
Posted by: guest at January 7, 2008 12:49 PM
No way--it's overpriced. Brokers may try to lure them in with high $900s, but there's no way that's what they could get for the place. Nice try on their part, though. I'd say mid-700s, tops...
Posted by: guest at January 7, 2008 12:50 PM
No way--it's overpriced. Brokers may try to lure them in with high $900s, but there's no way that's what they could get for the place. Nice try on their part, though. I'd say mid-700s, tops...
Posted by: guest at January 7, 2008 12:50 PM
12:48...
once again i am amazed by people who don't know how to read.
if you had actually looked at the listing you will clearly see that they are listing this under what it's currently valued because they are doing it themselves thus not paying a broker's commission.
you are one of those people that just likes to spout stuff without even thinking.
it makes no sense.
Posted by: guest at January 7, 2008 12:52 PM
Nice details.
The fact brokers are claiming they can sell it for more money means nothing whatsoever. They always overprice things. And secondly, there are tons of brokers without listings and making no income right now. Of course the brokers are calling all the FSBO's and claiming they can get them more money.
The cons: The living room is tiny. About half the size of our own 2BR coop we sold a year ago for under $600,000 on a prime Park Slope block. I would not have called any room in this place "sprawling". Also Union Street, mmm, I wouldn't consider that an awesome location simply because it's "steps from Union Market". That there is a noisy street. Buses. Firehouse. Heavy traffic. It doesn't make it a bad place to live. It's just not a selling point.
They need to post a floorplan because the photos are very very confusing. I can't tell where anything is and that confusion makes the place seem like some kind of maze of tiny rooms. Which actually I suspect it is.
Lastly, they can't get this price without laundry inside the unit. That's a big downside. Honestly, I think this place is as much as $100,000 overpriced.
Posted by: guest at January 7, 2008 12:55 PM
The exterior photo of the building looks wrong... why are there no bay windows?
Posted by: guest at January 7, 2008 12:56 PM
We looked at a nice place up the block from this a few weeks ago and the sellers were doing the same thing--big price cut for no-broker. But that one was more than $100,000 less than this one. When we called a few days after the open house, it was sold. Don't know for how much, but I'm sure it was way above asking.
Seems like people in PS are going the no-broker route lately--perhaps to the benefit of buyers???
Posted by: guest at January 7, 2008 12:58 PM
There could be bay windows in back.
Posted by: guest at January 7, 2008 12:58 PM
I agree regarding the location. Union is a terrible block to live on - you get a lot of trucks deliveries to the co-op and Union Market, the fire trucks, the city bus and a lot of general traffic.
Posted by: Brooklynnative at January 7, 2008 12:59 PM
Sorry, if you take out the dark wood trims, it's a dump. How a about a check for $309,999.99.
Posted by: guest at January 7, 2008 1:00 PM
That's why we need the floorplan, 12:56!
To show us the truth, that there is a bedroom facing noisy Union Street, not the living room with its bay windows. It appears the living room is in back and there's a bedroom in front.
Posted by: guest at January 7, 2008 1:00 PM
it should be priced about 775 tops depending on the underlying mortgage on the building
union is too loud and congested. wrong side of union for 321
Posted by: guest at January 7, 2008 1:02 PM
the "2nd bedroom" appears to be nursery size (the crib right in front of the door seems to indicate that that room isn't much larger than what we can see.)
also is that exterior shot a mistake? did mr. B find it on his own? it's not on their website... it doesn't look like a brownstone and it doesn't have the bay window... a plan would help.
on the plus side, there does seem to be many rooms that add up to a lot of space... and there is a lot of historic character.
Posted by: guest at January 7, 2008 1:05 PM
I do think only houses need brokers to sell them. They're a high-end property, houses are, and you want the presence and prestige of a large broker firm for those. Co-ops can be sold by the owner. Only if somebody works from home, though. It is a huge amount of work, between cleaning constantly, and taking calls, and taking appointments. It would be impossible to do it if you work outside the home.
Posted by: guest at January 7, 2008 1:07 PM
Union is just fine--we lived there for years and the traffic really isn't bad. I mean, this is NYC after all. That's not to say this price is right; I don't think it is. But it's just insane to take off $ for the Union street location. I'd prefer to live there with a short walk to the subway.
Posted by: guest at January 7, 2008 1:08 PM
No floor plan, but from the photos it looks tiny. How about "we are FSBO at $825 because not even Corcoran believed we could get $850." Unless the apartment is bigger than it appears (1000 sq ft +), I wouldn't pay more then $725k.
Posted by: guest at January 7, 2008 1:13 PM
Further interpretation of photos as they relate to floorplan - it seems the "dining room" is that cubbyhole behind the couch with the little cafe table for 2.
Between the living room being so small, and that cubby hole not being big enough to seat more than 2, there doesn't appear to be anyplace to eat except on the couch in front of the TV. Which of course is where most of us eat! But not having a decent size dining area is a problem. In our old 2BR coop in PS, there was enough room for a sofa, two chairs, a coffee table and TV and bookcases in the living room area. Without being crowded. Plus a table to seat 4 in the dining area, easily expandable to 6 for dinner parties. Just pointing this out because our layout is very common in Park Slope. It was a standard coop layout. And if people can get that layout easily, WITH laundry inside the unit as well which this one doesn't have, I don't see them spending over $800,000 on this unit.
Posted by: guest at January 7, 2008 1:16 PM
Everyone is taking money off because of other reasons, 1:08. As they're all listing in their posts.
Nobody reads!
Posted by: guest at January 7, 2008 1:17 PM
875 sq ft - my guess. Asking price is a bit high for the sq footage and location. Just bec it's PS, d'you know how cruddy that area looks like?
Posted by: guest at January 7, 2008 1:19 PM
1:17 No soup for you!
Posted by: guest at January 7, 2008 1:20 PM
12:55 - Do you mean there is no laundry in the unit or no laundry in the building? And if it's not in the building, where's the laundromat? Don't tell me someone is going to pay 800K and have to schlep laundry in the rain and cold.
Posted by: guest at January 7, 2008 1:21 PM
um...ever heard of sending your laundry out?
they pick it up, they deliver it folded.
it's a beautiful thing.
Posted by: guest at January 7, 2008 1:24 PM
600K tops.
Posted by: guest at January 7, 2008 1:25 PM
Please, 1:24, understand context. People are talking about the PRICE to pay for a place, taking into consideration they'd have to haul their laundry.
I think your comment would be more appropriate if someone had said, "I wouldn't pay $200,000 for a 2BR place in Park Slope if I had to schlep with my laundry."
Er, but they didn't say that, did they? They're all saying they wouldn't spend $800,000 for that privilege.
Besides, is nobody picky about how their laundry is done? I sure am. And I don't let strangers wash my underwear, thank you very much.
Posted by: guest at January 7, 2008 1:27 PM
seriously, 1:29.
i haven't washed or folded my underwear since i moved to new york 8 years ago.
therapy is a good suggestion.
Posted by: guest at January 7, 2008 1:32 PM
I haven't worn underwear since I moved to New York 8 years ago.
Posted by: guest at January 7, 2008 1:36 PM
Nothing sprawls in this place! Small bedroom; closet for a second (and are there any real closets????). It looks like dining area was made into "office" -- a steal at $825K -- I don't think so!
Posted by: guest at January 7, 2008 1:40 PM
I was at the open house. The picture of the building in Brownstoner's post is not correct. Unfortunately, the owners' pictures are not that great so a lot of nice features are not shown. Also, the apartment could have been stage better to show off the space. I agree, nothing in the place would be considered "sprawling."
There is good-sized bay window in the front of the building. Also, the dining area off the living room is a lot bigger than the picture shows (w/ some original built in cabinets). The kitchen and bathroom have both been renovated. The kitchen has a new range and diswasher, w/ grantie counter but the refrigerator looked it was never replaced. The bathroom has been renovated with slate tile. The bedrooms were OK-sized considering you are in a brownstone. Lots of nice original detail throughout, including wood shutters in the bay window that folded out. There is a fairly good-sized room that is being used as an office, which could be another bedroom. I would guess that it as around 1,100 sf, and it comes with storage and shared laundry in the building. Overall, I thought it was well-priced and would be surprised if they don't get their ask or above.
Posted by: guest at January 7, 2008 1:48 PM
Well the building picture thing is weird, because that's the photo Property Shark provides for this address.
Posted by: guest at January 7, 2008 1:51 PM
aha! There is an older Property Shark DOF photo which shows a nice old bay-windowed brownstone. So Shark has one wrong picture.
Posted by: guest at January 7, 2008 1:52 PM
It looks like a nice apartment, and Union is a fine location.
Posted by: guest at January 7, 2008 2:26 PM
I'll take the person who saw it at their word, but these pictures don't look like a 1100 sq ft place. None of these rooms look like they're larger than 12x15 (and most so much smaller). Looks like 850 sq ft from pictures
Posted by: guest at January 7, 2008 2:30 PM
I'm quite certain this is NOT on the District 15 side of Union Street, which thus changes the school equation considerably - that is, it's in District 13 instead of District 15, which lowers its value for many families. Other drawbacks: only one bath and no laundry. That said, the apt itself looks nice enough though truthfully I have not seen it. We ourselves have a PS floorthrough that's a bit bigger than this and we had many brokers come through and slobber all over it and quote very high prices (high 9's) but that was summer 07 so it's hard to say how much to look at those prices as any guide. Truly, the market will tell...
Posted by: guest at January 7, 2008 2:34 PM
boo. this place is loathsome. small, dark, walk up, coop, go buy the greenpoint house instead.
yuck.
Posted by: guest at January 7, 2008 2:40 PM
Actually, the building dimensions on property shark list it as 19.92 x 65' -- so, even allowing for common hallway, I bet this place is close to 1100 square feet, unless there is something I don't know. Not having seen it, I can't comment on how the space "feels" but one big problem in many brownstone floorthroughs is the lack of light (in the middle of the apt) which is what makes them feel darker and hence smaller. Layout is key, so I agree they should post a floor plan. Also, as another poster pointed out, school district could be a problem for many, and there is also evidently no outdoor space. Still, purely on a psf basis, I don't think this is unreasonable given where the market has been recently - in fact, 750-800 psf is definitely on the lower side of what PS seems to have been commanding recently. As to where the market will go, well that's another story, and maybe if things continue to soften and lower, then they will be forced to take a lower price...
Posted by: guest at January 7, 2008 2:56 PM
Those who think women and their needs regarding laundry privacy are the same as men, you're the ones who need therapy.
Women have this thing called menstruation.
Duh.
Posted by: guest at January 7, 2008 3:20 PM
Brokers are so desperate right now--it's the worse I've seen them in a while. The owner of this co-op did the right thing going FSBO. Very smart move. I've been seeing it more and more in prime neighborhoods, where the property and neighborhood sell themselves, at the right price.
Posted by: guest at January 7, 2008 3:20 PM
Anyone who thinks not having a laundry is no big deal is a retard.
Well, maybe for a single person in a studio it's no big deal. But a family-sized apartment at a family-sized price selling to families needs laundry.
Get as defensive as you want about it but it's the truth.
Posted by: guest at January 7, 2008 3:22 PM
"Women have this thing called menstruation."
And men leave this thing called skid marks.
Posted by: guest at January 7, 2008 3:28 PM
Re: laundry - just curious if having laundry in the apt is a lot more valuable than having shared laundry in the building. I agree that with a family, one MUST have easy laundry access - we ourselves have a washer/dryer in our own place and it's a life-saver. But from a real estate POV, is there a big price differential (or at least significant one) between a W/D in your unit vs. in the basement to share with the bldg?
Posted by: guest at January 7, 2008 3:46 PM
It might not outweight other factors like location if the two places being compared were in very different locations, but if they are in similar locations then having one's own private laundry is more valuable than common laundry in the basement.
Many common laundry machines are coin-operated, and if you send your laundry out to be done professionally, you are paying for that. Therefore people logically don't pay more for the privilege to spend more on laundry.
Posted by: guest at January 7, 2008 4:03 PM
Clean underwear will be worthless once AY is built
Posted by: guest at January 7, 2008 4:17 PM
The apartment is grossly overpriced.
Just because another 2br w/office in the neighbor sold for 800k plus does not mean this apartment does. The master bedroom looks small. The second bedroom looks like an office. The only thing worse is to put up a wall in the dining room and say it is a 3 bedroom.
IF YOU CANNOT FIT A TWIN BED IN THE ROOM THEN IT IS NOT A BEDROOM!
Posted by: guest at January 7, 2008 4:18 PM
If the building is 19 x 65 take a foot off on each end for the thickness of the outer walls which brings the interior space to 17 x 63. Estimate 125 to 150 sq ft for the hallway so the apartment would be somewhere in the neighborhood of 950 sq ft. It's the north side of Union St which is not District 15 so it is not PS 321. It is also on Union close to 6th Avenue, not the best Park Slope block with the food coop, the bus traffic, and the Tea Lounge at the other end. I would say it's overpriced by at least $100K.
Posted by: guest at January 7, 2008 4:40 PM
4:18, they had to make the current office an office not a 2nd BR because otherwise you'd have to walk through one bedroom to get to the other.
Posted by: guest at January 7, 2008 5:00 PM
Umm, compare this to the 2br/1ba 800sqft co-op in the recent "Just Sold" post that had lower monthly maintenance and sold for $640k.
This looks somewhat bigger (estimation above said 900-some sqft?) and has nice high ceilings, and nice original detail... Maybe 100k more? So I'd peg it at $740k.
Fact is, even in the slope, $800k is a LOT to pay if you're only getting one bathroom out of the deal. I don't really see it.
Posted by: guest at January 7, 2008 5:03 PM
Am I missing something? That's a small crappy walk up apartment to me. For the life of me how apartments are priced because while the real estate world has become insane on every level, some pricing is plain old head scratching to me. Maybe you have to really drink the Brownstoner "dripping with original details" Koolaid to appreciate this apartment. Because to me it's the kind of place where I'd quietly chuckle during the open house while I fantasized about punching the buyer in the face for his chutzpah.
I heart the What.
Posted by: guest at January 7, 2008 5:04 PM
5:03.
we heard you the first time you made the comparison to president street.
problem is...there is no comparison. the president street place is smaller (800 square foot 2 bedroom is TINY!), needs a new kitchen (ANOTHER 40k) and needs quite a bit of other work done (10-20k)...most of which is cosmetic, but still involves time and some money.
this place is move-in ready.
Posted by: guest at January 7, 2008 5:08 PM
Well 5:08, not like this place has a $40,000 kitchen. Sorry, but it doesn't. We just put in a $44,000 kitchen and have way more cabinets than this, solid wood, that go all the way to the ceiling, high-end countertops and better appliances.
And this place has its 2nd bedroom (used here as an office) in a shotgun style where you have to walk through one to get to the other. I'd rather have a smaller BR that I can enter from the hallway, than a bigger room with no privacy.
Posted by: guest at January 7, 2008 5:14 PM
it will go for around 800K.
park slope is the destination of choice for most leaving manhattan right now.
especially with the rash of crime in crown heights and bed stuy lately.
people want to be near the services, and park slope has got them and getting more everyday.
funny story....i was on the train yesterday and a family from copenhagen was on the train and asked me about directions as they were on their way to grand army plaza. this was their first time to new york and they were told by all their friends who have come here that the most beautiful neighborhood in new york city was park slope.
so they were headed to check it out.
Posted by: guest at January 7, 2008 5:18 PM
guest at January 7, 2008 4:40 PM wrote:
"If the building is 19 x 65 take a foot off on each end for the thickness of the outer walls which brings the interior space to 17 x 63."
....thus perpetuating a million future real estate blog posts calling every agent or FSBO listing a lie with regard to claimed SF. I'm certainly not saying that sellers or agents don't sometimes exaggerate the square footage but I've checked enough contested listings to know that if the (absolutely correct and accepted) convention of measuring to the outside face of exterior walls, to the center-line of walls between units, and making no deductions for plumbing and mechanical chases is followed, the claimed SF is usually not that far off the mark.
Posted by: johnife at January 7, 2008 5:26 PM
Yep, Pass the crack pipe Brownstoner. Please put some Angel Dust in there, thanks. Ah yes I see it it's worth a million. Yeah fucking right. Someone do the math!!!! What ever happen to fucking math, HUH????!!!!!!!
The What (Puff, Puff, Pass,Pass)
Someday this war is gonna end......
Posted by: guest at January 7, 2008 5:44 PM
I also went to this open house and I agree with the other person who saw it - it is fairly good-sized, at least 1100 square feet or so. The pictures don't translate, for whatever reason. The sellers seem nice and the place has nice details, as the other person mentioned built-ins in the dining room, etc. The 2nd bedroom has a twin futon and a crib and then there is another room as an office (it has its own door, but no window). It's not a small 2 bedroom for the neighborhood (I lived in a 700 sq ft 2 bedroom, this is a far cry from that) it is more of one of those family-sized 2 bedrooms, I think. My guess is they will get near asking, they already had one offer I think.
Posted by: guest at January 7, 2008 7:57 PM
"they already had one offer I think"
Did the broker say that at the open house?
We all know brokers never lie.
Posted by: guest at January 7, 2008 8:20 PM
We asked - The small bedroom is 6 1/2 x 12 and the big bedroom is 17x22. We didn't ask about the office, but it looked about half the size of the big bedroom.
The laundry in the basement is free, and there is ample storage, though the basement is a MESS.
Posted by: guest at January 7, 2008 8:23 PM
17 by 22 is absolutely MONSTROUS!!!
that's bigger than most suburban bedrooms.
Posted by: guest at January 7, 2008 8:29 PM
There's no broker, did you read the ad?
I dropped by and it's not a small place. All the rooms have an entrance through the hallway. The office connects to the bedroom through additional glass doors. So there is a decent sized bedroom and next to it a very small one which had a twin bed plus a crib and a closet behind the door. The pictures don't tell the story.
Posted by: guest at January 7, 2008 8:29 PM
The pictures on the seller's website do a better job than the one's on brownstoner.
Posted by: guest at January 7, 2008 8:34 PM
Honestly, I feel sorry for the sellers - seems like they are getting ripped to shreds here. From my experience (we are considering selling our apartment), since we had at least 10 brokers (from different brokerages) see our place and there was consensus among ALL of them that are place was in mid to high 9's (for 3BR/2BA prewar condo w/outdoor space, lots of light, W/D in apt, etc.), and comps we knew of sold in that range, we came to the understanding that the current market price was in that range. Of course, that was last summer so perhaps things have changed. But to tear these folks apart for asking what they have been led to believe is a fair price seems really unfair, especially since most people on this thread have not even seen the place, and there's all kinds of mis-information flying around (that the 2nd bedroom is used as an office, that it can't fit a twin bed etc.). For me, the lesson from this FSBO is that owners need to do a better job staging the apt and presenting it with photos/floor plan, since clearly there is a big disconnect between the people who actually went to the open house and saw it in person, and those just looking at those crummy photos.
Posted by: guest at January 7, 2008 9:01 PM
I was waiting for The What to rip this to shreds. Was a little disappointed, What.
5:18, you are an ass.
Anyone who can't wipe their ass after a crap doesn't deserve to own a property. Wipe your ass you piece of trash!
Posted by: guest at January 7, 2008 9:19 PM
"the big bedroom is 17x22"
!/3 of the apartment?
Sounds a trifle hard to believe.
Posted by: guest at January 7, 2008 9:34 PM
Does anybody have experience with a four unit co-op? The one person I knew in such a small co-op hated it, but I was curious if anybody has good experiences to report. Thanks.
Posted by: guest at January 7, 2008 9:39 PM
Way, way, way overpriced. No way will they get that insane asking price.
Posted by: guest at January 7, 2008 9:47 PM
Hi, We're the sellers.
Thanks for the feedback. We've posted a floorplan and additional photos at the website (parkslopeproductions.com/801union). Sorry our photography skills suck.
It's 1,300 square feet if you go by the building dimensions (which is what the broker who sold it to us did). We believe it's roughly 1,150 sq feet of livable space.
The master bedroom is not 17x22. We wish. It's actually 17x11'6".
Posted by: guest at January 7, 2008 10:23 PM
The owners do seem nice, but I still think the apartment is pretty dreary looking.
Posted by: guest at January 7, 2008 10:33 PM
Dreary? Who are you, Edgar Allen Poe?
Posted by: guest at January 7, 2008 10:47 PM
The apartment looks to be ~1000 sqft
quote from 4:40--
"If the building is 19 x 65 take a foot off on each end for the thickness of the outer walls which brings the interior space to 17 x 63. Estimate 125 to 150 sq ft for the hallway so the apartment would be somewhere in the neighborhood of 950 sq ft. "
Posted by: guest at January 7, 2008 10:49 PM
The apartment looks to be ~1000 sqft
quote from 4:40--
"If the building is 19 x 65 take a foot off on each end for the thickness of the outer walls which brings the interior space to 17 x 63. Estimate 125 to 150 sq ft for the hallway so the apartment would be somewhere in the neighborhood of 950 sq ft. "
Posted by: guest at January 7, 2008 10:49 PM
The floor plan does help.
I know that a very similar if not identical apt. next door to them (closer to 6th), also 2nd floor and exact same layout but with a kitchen and bathroom in desperate need of renovation was listed at $849. Don't know how much it went for.
Posted by: guest at January 7, 2008 10:53 PM
It's a nice place--priced at market value.
Posted by: guest at January 7, 2008 11:14 PM
Best of luck to the owners. I hope you get your price. I think you are overshooting, but what the heck do I know?
Posted by: guest at January 8, 2008 12:40 AM
I would say this place is worth 600,000 tops. Buy the Caroll Gardens diner is close and that place so sooooo gooood.
http://spaceroach.tumblr.com/
Posted by: guest at January 8, 2008 12:56 AM
Only space roaches have blogs.
Posted by: guest at January 8, 2008 1:20 AM
Technically, the floor plan is 1,026sf give and take counting stair entry and the jutted bay window. Actual interior is roughly 850sf after everything is said and done. No different than most standard apartment dimensions. Think it's small for the the asking price, but if you can push it up and maximize profit, go for it. There's a sucker born every minute and someone will buy it. Size is relative and like any real estate, it's location, location, location.
Posted by: guest at January 8, 2008 7:30 AM
The price looks right to me for that kind of space and the nice renovations.
Posted by: guest at January 8, 2008 9:51 AM
no way. $675 tops. someone's not looking at realistic comps. if someone does get duped into this price as we slide into recession, they will suffer a serious bout of buyer's remorse (especially since they will be people who don't really know the area). don't feel sorry for the seller, i'm sure they bought this thing for less than $300k a few years back. cry me a river.
Posted by: guest at January 8, 2008 10:48 AM
The floorplan is so helpful. Because it shows the bedrooms do open onto the hallway and aren't shotgun. It als shows no closets in two of the bedrooms. Are there built-in armoir type closets or something?
Not having bedroom closets contributes to general clutter in an apartment. There's a nice size WIC off the hallway where one could stuff things. But I'd prefer to use it as a food pantry, OR, can a washer/dryer be installed in the WIC? You should look into that with your co-op board and consult with a plumber, owner, so you can tell prospective buyers that they can do that with the WIC.
Posted by: guest at January 8, 2008 11:18 AM
For this money, I'd buy a big big house upstate. Some people are just idiotic.
Posted by: guest at January 8, 2008 11:25 AM
I am so sick of all you wannabe property owners slamming the price of real estate. The only reason you don't think these listings are worth it is because you can't afford it and, while you wait and hope and do the fucking pee pee dance praying prices will come down, you've realized you're out of the fucking game. Move on suckers.
Posted by: guest at January 8, 2008 11:28 AM
for $875K you can get a brand new condo in mint condition in a similar location:
http://warrenlewis.com/cgi-bin/re/re_show.pl?re_command=show&ID=5738
Posted by: guest at January 8, 2008 11:50 AM
For this money, I can afford Manhattan. Who are the sellers kidding?
Posted by: guest at January 8, 2008 11:55 AM
for this price, i'm affordin' brooklyn heights (recent price chop). http://corcoran.com/property/listing.aspx?Region=NYC&ListingID=993603
Posted by: guest at January 8, 2008 11:57 AM
11:28, we don't need prayers or pee pee dances. it's happening. prices are coming down and will continue to do so. not saying that your recent purchase (which is it 06 or 07?) isn't nice, just that it's not worth what you think it is (i.e. less than you paid).
Posted by: guest at January 8, 2008 12:02 PM
12:02 - you're good. I just hope it's worth more than I paid. ;)
-11:28
Posted by: guest at January 8, 2008 1:22 PM

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