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July 9, 2008

Co-op of the Day: 10 Plaza Street East

10-Plaza-Street-East-0708.jpg
It's all about the views. At least, in the case of this high-floor co-op at 10 Plaza Street East, it's a lot about the views; it's also about the location. The two-bedroom, two-bath apartment itself is rather non-descript, but the postwar building is full-service and the maintenance is under $1,000, so we bet this place will sell pretty close to the asking price of $815,000. If it does, it'll be the highest sales price in the building in recent memory, according to Property Shark.
10 Plaza Street East [Brown Harris Stevens] GMAP P*Shark




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Comments

I think it is reasonably priced. and it is great that it is 2 bathrooms to go with the 2 bedrooms.

Posted by: guest at July 9, 2008 12:54 PM

A blast of Terrorism Nostalgia: Ten Plaza is the building where the crazed suicide subway bomber owned a coop.

Posted by: WonTon at July 9, 2008 1:02 PM

I don't understand why a two bedrroms needs two bathrooms. Are you bunch incontinent?

Posted by: guest at July 9, 2008 1:03 PM

That kitchen looks so dark. Maybe it's just the photos sonce the wide angle shots always make the ceilings look low too.

2 br, 2 bath with outdoor space in doorman building. Seems like this is the price these things get.

Posted by: guest at July 9, 2008 1:10 PM

"When you sit on your balcony or in your spacious living room and see the Grand Army Plaza Arch, the gushing fountain, the Statue of Liberty, New York Harbor, and the treetops of Prospect Park, you'll feel like you're in Paris!"

Yeah, and an apartment in Paris with a view of the Eiffel tower would feel like you're in Brooklyn. What dimension does this broker live in?

Posted by: guest at July 9, 2008 1:14 PM

"When you sit on your balcony or in your spacious living room and see the Grand Army Plaza Arch, the gushing fountain, the Statue of Liberty, New York Harbor, and the treetops of Prospect Park, you'll feel like you're in Paris!"

Uh...no...you'll feel like you're in Brooklyn/New York City. Hello.

Last time I lived in Paris I didn't have a view of New York Harbor.

FGG

Posted by: guest at July 9, 2008 1:22 PM

hey 1:03, this is 12:54

it is nice to have two bathrooms because:
then parents dont have to share a bathroom with their child, or a guest, or whoever.

makes life nicer for those of us that care about these things.

Posted by: guest at July 9, 2008 1:23 PM

I agree, very fairly priced. Nice layout, all the rooms are a good size, two baths, and even a private outdoor space. One of the nicest 2-bedrooms I've seen posted lately.

Posted by: guest at July 9, 2008 1:28 PM

The listing claimed the apartment was recently renovated. I saw it this weekend. They threw a pedestal sink in one bathroom and a granite countertop in the kitchen and called that a renovation. The kitchen cabinets are scraped and peeling and need to be replaced and the hallway closet door is falling off its hinges. It needs work.

Posted by: guest at July 9, 2008 1:30 PM

The second bathroom makes all the difference.

Posted by: guest at July 9, 2008 1:33 PM

Also, it's an excellent location and the space seems decent. A real 2 bedroom with 2 baths and big enough for a small family. I prefer this kind of space to a smaller brownstone apt. and I'm always shocked that people ask $800-900,000 for brownstone apts. I'd take this, at a cheaper price, over those, despite the lack of prewar detail. But don't know the comps, so if I could get a similar postwar 2-bedroom space in great neighborhood for $700k, this would be overpriced.

Posted by: guest at July 9, 2008 1:33 PM

Park Slope or is this Prospect Heights? Anyway, $815K seems to be a fair price for this place, although i got a feeling the "well-laid out bathrooms" haven't been updated in many years and both are in desperate need of a gut reno. Still, very good location.

Posted by: Fjorder at July 9, 2008 1:38 PM

Isn't this in the "softening" Prospect Heights market? Why's it labeled "Park Slope"?

Posted by: guest at July 9, 2008 1:40 PM

Awesome looking apartment. Offer $770k.

Posted by: guest at July 9, 2008 1:40 PM

1.23 - you don't have germ OCD by any chance do you?

Posted by: guest at July 9, 2008 1:41 PM

East of Flatbush Ave...definitely Prospect Heights

Posted by: guest at July 9, 2008 1:49 PM

I'm puzzled by the people questioning why two bathrooms are better than one. Am I missing something or are they missing a few screws? I guess maybe because they never had more than one bathroom they can't begin to envision the conveniences.

Posted by: daveinbedstuy at July 9, 2008 1:51 PM

hi 1:41

i dont have germ ocd.

i just know that if i had a 2 bed apartment, i would want the 2nd bathroom, to keep mine private.

and it isnt practical to have several people living together with only one bathroom.

Posted by: guest at July 9, 2008 1:55 PM

Is it common to rearrange furniture between shots when photographing for a listing? Looks like the sofa, rug and console table have been moved between the two living room pics. Makes for a confusing impression of the space in my opinion.

Posted by: guest at July 9, 2008 2:04 PM

Think of it this way 1:41 (questioner of 2 bathrooms): If you need to make a doody, and another person who lives in your apartment needs to make a doody, then you can both make a doody at the same time! You know, like if you have a lover, or a friend, who eliminates waste, and you are also a carbon-based life form who eliminates waste, then you could do it simultaneously! It's like the Jetsons! A wonder of modern living!

Sheesh.

Posted by: guest at July 9, 2008 2:09 PM

Helen Van Rhyn rocks!!!

Posted by: guest at July 9, 2008 2:21 PM

2:04 I totally agree. I kept flipping between the photos trying to figure that out. It was making me dizzy.

Posted by: guest at July 9, 2008 2:35 PM

Helen sold me my house 22 years ago.

Posted by: guest at July 9, 2008 2:37 PM

Oh my god I need two kitchens. What if I want a cup of tea at the same time as someone else in the house?

And double the bathroom cleaning - I need that.

Posted by: guest at July 9, 2008 2:43 PM

1.41 - its the doubly-incontinent oldsters on here. Not a second to spare when the urge comes. They also need elevators to get to the second floor, large-button phones and super-loud TV.

Posted by: guest at July 9, 2008 2:50 PM

2 bathrooms mean that you don't have little kids who can't hold it barging in when you're showering or going yourself. They also mean parents can walk naked to the ensuite shower without freaking out the kids as they get older.

Posted by: guest at July 9, 2008 3:01 PM

I was at a party the other weekend and went to use the restroom where I was confronted with the kids potty that I almost tripped over (hope it wasn't full) and the tub ringed with bottles of dandruff shampoo, etc. Too much information people! give me a half bath at least!

Posted by: guest at July 9, 2008 3:34 PM

Not quite the same thing 2:43, as you can make 2 cups of tea in the same pot, but two people can't really use a toilet simultaneously. Or perhaps they can, but to paraphrase Chris Rock, just because you can do a thing don't mean it ought to be done. Cue the holier-than-thou eco-fetish posters who will claim that 2 bathrooms use more water, take more gas to heat, eat more toilet paper, etc, and that they are saving the environment by eliminating into a hole in their basement that they then compost for their backyard veggie gardens. In Park Slope.

Posted by: guest at July 9, 2008 3:41 PM

Clearly the Bitter Single Toileters are in force here today.

Posted by: guest at July 9, 2008 3:43 PM

you can't make loose leaf lapsang souchong and mint tea in the same pot.

Posted by: guest at July 9, 2008 3:57 PM

3:43 Quote of the Day

Posted by: daveinbedstuy at July 9, 2008 4:00 PM

3:57 have you ever heard of two teapots or does that go against the same principle as having two bathrooms??

How many people think that two teapots is excessive or OCD?

Posted by: daveinbedstuy at July 9, 2008 4:03 PM

also, waiting for someone else to make their tea when you want tea is not remotely comparable to waiting for someone else to make their doody while your own doody is battering at the gate.

Posted by: z at July 9, 2008 4:31 PM

the over-consuming Americans will be the death of us all

Posted by: guest at July 9, 2008 4:33 PM

I was not going to join this thread since this apt seems pretty blah (and too expensive IMO in softening market), but I will say that we recently sold our apt that had 2BA and are currently renting one that has only 1BA. It's not that big a deal to go from 2 to 1, though it was nice to have a separate BR for the kids, who often can't wait when it's time to do their thing, and their stuff does clutter stuff up. Anyone know how much a 2nd bath is worth in 2 apts that are otherwise same size/condition/area?

Posted by: guest at July 9, 2008 4:33 PM

3:34 HILARIOUS, THANKS FOR THE LAUGH,

Posted by: guest at July 9, 2008 5:43 PM

3:43: you made me spit out my water.

excellent work!

Posted by: guest at July 9, 2008 5:45 PM

While it is true that you can't BREW 2 kinds of tea in one pot, you can heat the water for both in a single kettle.

Posted by: guest at July 9, 2008 5:58 PM

Oh, and I have 5 teapots (I collect them, one is shaped like a fish. I love it.) But just the 1 kettle.

Posted by: guest at July 9, 2008 6:00 PM

People buy brownstone apartments over these for a few reasons, not least the charm. But when I bought a brownstone apartment, there were more of them that allowed 10% down than in larger buildings, and the maintenance was almost always considerably less in brownstone apartments -- 2 things that are especially important to first-time buyers.

I was also looking closely at issues of building finances, and brownstones generally don't have a history of assessments, whereas many larger buildings do (important if you are feeling like you won't have much money left after buying.) And larger buildings with long hallways, many dimly lit for some reason, didn't feel homey to me - they felt like hotels.

Now, I live in a larger, elevator building. I was younger didn't care about having an elevator, having only previously rented walk-ups. Now I wouldn't go back to a walk-up. My building has nice, bright hallways too. I'll never live in a small, self-managed coop again (let someone else take care of the building.) I also wouldn't take an apartment without a window actually in the kitchen - I like having a sunny kitchen again, it affects me positively, I didn't realize how much I'd missed it.

I like this apartment. Think it will fly quickly, even if it does need some work. My only reservation is that you can't tell from the pictures how much natural light the kitchen gets. That was dumb photo-taking, as was the furniture and rug moving.

Posted by: guest at July 9, 2008 7:26 PM

I was not impressed at the open house. Nothing special about the place except for the view. In my humble opinion, not worth the cost, especially with the 25% down requirement.

Posted by: guest at July 14, 2008 10:29 AM

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