Co-op of the Day: 9 Pierrepont Street Revisited

This beautiful lower duplex at 9 Pierrepont Street hit the market in April 2008 with Brown Harris Stevens asking $2,995,000. According to StreetEasy, it appears that it went into contract within a couple of months. Unfortunately for the seller, though, that deal must have fallen through because the listing just reemerged as a Corcoran listing with the same interior photos but a painfully lower asking price of $2,335,000. This comes out to around $900 a foot, which doesn't seem crazy given the primo location, killer parlor floor and private yard. It should definitely go for above $2 million, we'd think.
9 Pierrepont Street [Corcoran] GMAP P*Shark
Co-op of the Day: 9 Pierrepont Street Amended [Brownstoner]
Co-op of the Day: 9 Pierrepont Street [Brownstoner]

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Is 1,500 per mo maintenance crazy? I can't even tell anymore.

Posted by: dirty_hipster at June 4, 2009 12:52 PM

Not for 2,600 sq. ft.

Posted by: daveinbedstuy at June 4, 2009 12:55 PM

I want to live there... The $1500/mo is likely almost all R/E taxes....

Posted by: BH76 at June 4, 2009 12:56 PM

it says $1500 maint + $500 taxes == 2000 a month not including ur loan

Posted by: hazenyc at June 4, 2009 12:57 PM

Yeah, but as everyone says, that $6000 a year is tax deductible and it basically makes this place free!

Posted by: tybur6 at June 4, 2009 1:01 PM

I'm betting that the appraisal value was disappointing.

Posted by: manofelt at June 4, 2009 1:03 PM

this is a stunning apt.But WAH! I want to see pics of the "exquisite 2000SF landscaped garden". Why the tease!?

Posted by: dokas at June 4, 2009 1:03 PM

R/E taxes are always included in maintenance in coops -- doesn't make sense. Why no bath pics?

Posted by: BH76 at June 4, 2009 1:23 PM

wow, pad looks really nice. I would like to apply to be the maintenance guy for this place - ie think I can squeeze out a decent salary from that $3k/month maintenance on this bldg. for ~$3k/month, I'll even throw in sweeping their units once a month

Posted by: more4less at June 4, 2009 2:10 PM

I don't know - I would rather have the bedrooms on bottom floor, and the common space on nicer parlor level, with deck to garden. Also, for this money, I'd much rather have a house.

Posted by: Miss Muffett at June 4, 2009 2:20 PM

Three words: Two unit condo.

Three more words: No effin' way.

Posted by: SnarkSlope at June 4, 2009 2:24 PM

its a 2 bedroom with a den off the master. And the way it has been staged looks like a one bedroom. For over 2 million?

Posted by: shillstoner at June 4, 2009 3:33 PM

I love, love love those floors but the maint. is CRAZY.

Posted by: grip100692 at June 4, 2009 3:35 PM

Miss Muffet, it looks like the bottom floor is the parlor floor of the house, with the back half where the dining room and kitchen is located, having some sort of lower ceiling - maybe to accomodate airconditioning or plumbing? The front half of that level has the full height ceiling in the living area. From the floorplan there is a deck off the rear of that level as well, from the kitchen, to the garden below.

Posted by: 1842 at June 4, 2009 4:30 PM

Looking at the pic above in Mr. B's post, you can see what look like duct vents as you look toward the dining room from the living room on the parlor floor, and in the listing's kitchen photo you see a vent on the ceiling, so the lower ceiling on the back half of the parlor floor seems to be to accomodate that duct work - probably ensures that you control the heat for your apartment alone.

So this has two large bedrooms, and one smaller guest/infant size bedroom that is accessible from the master br.

Posted by: 1842 at June 4, 2009 4:35 PM

For a two bedroom with shared entry and odd looking duct work situation? When one can pick up an entire brownstone for around 2 million in Park Slope and Boerum Hill and Fort Greene... I dunno. This seems wholly overpriced to me. I would think 1.8 or 1.9 at most.

Posted by: Nokilissa at June 4, 2009 7:36 PM

Agree, seems odd to pay this much for an apartment when you could buy a whole house. (Though admittedly, probably not in Brooklyn Heights.)

Posted by: mopar at June 4, 2009 10:43 PM

« Inside Third & Bond: Week 86 House of the Day: 143 Amity Street »

June 4, 2009

Co-op of the Day: 9 Pierrepont Street Revisited

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