« Last Week's Biggest Sales House of the Day: 161 Prospect Park Southwest »

May 19, 2009

Co-op of the Day: 90 Prospect Park West, #1R

90-Prospect-Park-West-0509.jpg
Flip it good! The seller of this listing at 90 Prospect Park West just bought the ground-floor three-bedroom last summer for $1,250,000 and now has it back on the market for $1,300,000. (You can see the original HOTD post here.) Greed certainly isn't driving the move since this will be a losing trade after broker fees even if the asking price is achieved. In addition to some sick woodwork, the apartment has a very low monthly maintenance of $725.
90 Prospect Park West, #1R [Brown Harris Stevens] GMAP P*Shark





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Comments

Why do I get a pop up that says "Please enter a number" after I've entered a number and hit "submit" on the price widget?

Has this problem popped up before?

Posted by: christopher at May 19, 2009 12:50 PM

Wait... the monthly payment on this place is only around $7200. I don't understand? Why would they be selling?

Posted by: tybur6 at May 19, 2009 12:53 PM

why would you have stools in a kitchen that tight?

other than that the details look gorgeous.

Posted by: Farkus at May 19, 2009 1:18 PM

since I am the official widget advisor, you can only put in numbers, no commas, the widget does not understand punctuation.

Posted by: sam at May 19, 2009 2:04 PM

Mr. B, I thought you were going to fix the over-bidding mechanism. Clearly, the crazy over-bidder is still very active. I mean, 1.820 for this apt, when it sold for 1.250 last summer? Someone just wants to skew the numbers in a desperate (and silly) bid to prop up the average valuation.

Posted by: Miss Muffett at May 19, 2009 2:32 PM

sam,
Thanks. Silly me for thinking I needed proper formatting ;)

Posted by: christopher at May 19, 2009 2:37 PM

I wonder if the seller lost their job and wants to get out before prices erode further - anyone know the scoop?

Posted by: Miss Muffett at May 19, 2009 2:57 PM

NO, christopher, silly (or worse) web designer for not being able to parse out the punctuation (which would take a competent programmer about 10 mins of work; it's actually about 2 lines of code.)

Unfortunately this is very common; note all those websites where you HAVE to put in a tel# as all numbers (and those where you HAVE to put in the dashes.) I usually send a nasty note to them.

Posted by: cmu at May 19, 2009 2:58 PM

those particular pictures make the place look dark, uncomfortable and generally claustrophobic.

has a cave feel to it. think you'd be constantly standing with your back against a wall to let another person pass.

overbearing wood work doesn't help. so gloomy. so granny.

Posted by: wine lover at May 19, 2009 3:25 PM

Ain't nothin' custom about that kitchen. Eh.

Posted by: superstooper at May 19, 2009 3:40 PM

May be bad photos but the apartment looks dark and unwelcoming. Facing the park isn't that big of a deal when you are on the first floor. Washer / dryer behind the toilet made me laugh..

Posted by: etson at May 19, 2009 3:51 PM

I agree about the dark feeling of the apartment. But I'm not one for all that heavy woodwork - I find it oppressive, with an Adams family vibe.

Posted by: Miss Muffett at May 19, 2009 3:59 PM

Boy, you guys are fussy. I think it is a very nice apartment. But for $1.3 million, I'd want a whole house.

Posted by: mopar at May 19, 2009 4:00 PM

Something tells me the kitchen was originally at the back of the apt., and much larger. Regardless, this is a much more modern, and private, set up.

I'd say the buyers got a deal last year, but now they'll be lucky to get 10% below that. Obviously, it's a distress sale. I feel bad for them because I'm sure a job loss is behind it...

Why do some posters insist on comparing apts. to houses? That's like saying, why pay 75 cents for this apple when you can have an orange for the same price? Sheesh.

Posted by: Bolder at May 19, 2009 6:40 PM

Still pretty low for a place this size, but the listing says "Maintenance/CC: $825."

Posted by: SnarkSlope at May 19, 2009 9:31 PM

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