« Last Week's Biggest Sales House of the Day: 358 Prospect Place »

June 30, 2009

Co-op of the Day: 135 Eastern Parkway

turner-towers-062909.jpg
If we ever grow tired of brownstone living, chances are we'll end up at Turner Towers. It's got the best price-to-grandeur ratio around. Today's listing (which, incidentally could do with some better photos—come on, independent brokers, you gotta at least have good pics if you're going to compete with the big boys) is one of those huge family-sized layouts (E line maybe?) with the maid's room, dining room, etc. that we can't get enough of. And, looky here, the asking price of $895,000 comes out to less than $500 a foot—it's been a while since we've seen that in the building. Granted, it's probably on a lower floor than this similarly-sized unit that was listed for $1,100,000 last winter (and the kitchen's a downer too), but this is a lot of apartment for under a million bucks.
135 Eastern Parkway 2-3BR [Susan Breen] GMAP P*Shark





Posted by Brownstoner at 12:39 PM | Comments (20)
Categories: Co-ops, Prospect Heights

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/10383

Comments

Listing says "high floor."

Posted by: daveinbedstuy at June 30, 2009 12:42 PM

I must admit that I really like this building.

Posted by: BrooklynButler at June 30, 2009 12:46 PM

The floorplan on the listing does say E line for this one. The comp that you highlighted (7A) appears to still be on the market at $850,000.
Anyone know which way the respective living rooms face?

Posted by: etson at June 30, 2009 12:48 PM

it's the E line. TT floorplans say so -- look for front door.

wonder what that penthouse went for. cheap, cheap, cheap I'm sure. I dont know why -- huge and not a terrible renovation. the renovation didn't scare me, but what did scare me was this COMPLETELY nuts mishmash of PVC pipes running around the penthouse. Broker says water pipes are screwed up. Fixing it will be many millions. I wonder what the real story with that is. Surely they have many millions! If that system fails, I can't imagine all the damage that would happen

Posted by: Ringo at June 30, 2009 12:51 PM

want to add: I dont want to spread rumors about the building when I have no knowledge of what's real. that realtor was kinda nuts -- "it's going to take a lot of money to get this presentable -- three bathrooms at 75 thousand each... a kitchen can run 150 conservatively" on and on. I wonder if he wasn't trying to buy it himself!

but the flip tax on this building is always an issue. (but it's also why I'd think they'd have a lot in the bank even after all the work they've done recently)

Posted by: Ringo at June 30, 2009 1:06 PM

looks like a hospital in Chicago.

Posted by: dittoburg at June 30, 2009 1:08 PM

Agree with Ditto. Layout does not take maximum advantage of windows or entertaining space, instead breaks everything up into separate little rooms. Of course with those dark, tiny photos, who can really tell?

Posted by: mopar at June 30, 2009 1:36 PM


The Monthly Maintenance is more than my monthly rent... And it does look like a miserably huge building.

Posted by: tybur6 at June 30, 2009 1:54 PM


By the way... "a lot of apartment for under a million bucks"

Wow.

Posted by: tybur6 at June 30, 2009 1:55 PM

That "similarly-sized unit that was listed for $1,100,000 last winter" mentioned above is now listed at $850,000.

Let the chopping begin.

Posted by: DitmasSnark at June 30, 2009 1:58 PM

Whoops, etson beat me to the punch.

To quote Emily Litella: "Never mind."

Posted by: DitmasSnark at June 30, 2009 2:00 PM

The monthly maintenance on this apartment is more than my mortgage, maintenance and a nice dinner at Al Di La.

Not doin' it for me.

Posted by: 11217 at June 30, 2009 2:02 PM

> The monthly maintenance on this apartment is more than my
> mortgage, maintenance and a nice dinner at Al Di La.

True enough, but at 1800sf, isn't it six times the size of your apartment?

Posted by: DitmasSnark at June 30, 2009 2:05 PM

More like 5 1/2 times. ;)

Seriously though. The maintenance doesn't seem bad for this size apartment. But still!!!

Posted by: 11217 at June 30, 2009 2:07 PM

Geez, I must be out of it (again). 900K for an unrenovated, 2 bedroom plus maids on Eastern Parkway sounds like a very high asking price in the current market. You can get larger houses for that (nearby as well as elsewhere). Turner Tower is nice, but it isn't that nice. For 900K I;d expect a larger, fully renovated space. But I suppose I would need to wait another couple of months...

Posted by: shillstoner at June 30, 2009 2:29 PM

If you knocked out the wall to the maid's room, you'd have a huge kitchen, and if you knocked out the pantry, you'd open up the DR. Of course they may or may not be load bearing walls.

Rather have this than a 4th Avenue condo, for sure. Twice the room at the same price.

Posted by: denton at June 30, 2009 2:30 PM

"Rather have this than a 4th Avenue condo, for sure."


While I agree with you on that, I truly think we are in the minority.

A lot of people want shiny and new.

Americans are beautiful.

;)

Posted by: 11217 at June 30, 2009 2:41 PM

turner tower resident here:
The building re-plumbing project is finally set to begin, after years of bandaid fixes, such as the PVC pipes mentioned in the penthouse.

the spaces are huge, so a psf basis its ok.

...maintenance is likely to increase as the plumbing project gets underway.

I'd check to see if the apt has had its electrical re-done before I'd go further.

Posted by: whynot at June 30, 2009 3:46 PM

Plumbing project to begin: READ they'll be opening your walls.

Maintenance to increase: READ this board does not have a clue, they start a major capital project without the funding in place?

Electrical: READ hell, they'll be opening the walls anyway, why not do the electric at the same time? lol.

Posted by: denton at June 30, 2009 4:49 PM

yes, tough to do plumbing without opening walls.... the whole building has known its coming for at least 5 years ...beats a pvc pipe along the walls of your kitchen.

no, the project will be financed by a combination of financing and increased maintenance. They studied the project to death before they began ...clueless they are not. Action impaired, yes.

Electrical: Each shareholder decides when they have the $ to upgrade their apt ...some decide, some don't. Those under 50 seem to decide cloth wiring is passe.

Posted by: whynot at July 1, 2009 12:57 AM

Post a comment

Please be patient while your comment is published. It may take a moment.

Latest Restaurant Additions