Co-op of the Day: 59 Pineapple Street, #2L

This co-op at 59 Pineapple Street is modest in size and finish but is sensibly laid out and located in a nice prewar apartment building in Brooklyn Heights. It just hit the market last week with an asking price of $399,000 and a monthly maintenance of $553. Think that price will fly?
59 Pineapple Street, #2L [Corcoran] GMAP P*Shark

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/10568

Comments

size of studio so price should reflect accordingly - 275k

Posted by: more4less at July 14, 2009 12:46 PM

for some reason I can't enter a number in the appraisals box, but this is a beautiful (though admittedly small) apt on a prime block in in Bklyn the primest nabe with a reasonable maintenance. I think it's worth $350,000.

Posted by: herkimermaid at July 14, 2009 12:51 PM

It's a bit small - but very cute and tidy and in a nice nabe - I say $300K
the maint is a bit on the high end though

Posted by: gemini10 at July 14, 2009 12:52 PM

$399,000 for a clean but otherwise utterly unremarkable 400sf rabbit hutch?

I think not.

Posted by: DitmasSnark at July 14, 2009 1:06 PM

Love this building -- great roof deck. Tiny apartments however.

Posted by: babs at July 14, 2009 1:19 PM

"Modest" in size? That's a delicate understatement . . .

It's over $1000 a foot. Too much.

Posted by: Nomi at July 14, 2009 1:21 PM

I might have chimed in that this is a good price for a decent place in a great neighborhood, but I just got done peeking at a 2,200 square foot three-bedroom in my hometown listed for 79k. Sigh.

What SHOULD this place sell for? 150k tops. What WILL it sell for? Probably 350k.

Posted by: alsawo at July 14, 2009 1:24 PM

Is the larger closet the "half" room... it says 2.5 rooms.

Wait... it's 336 sq ft. That's $1,188 per sq ft. And the monthly maintenance is $1.65 per sq ft per month... a NO doorman.

Seriously?!

This honestly makes me want to hit someone.

Posted by: tybur6 at July 14, 2009 1:32 PM

Will be nice when you can get a real two-bedroom apt in Brooklyn for $399,000.

Posted by: mopar at July 14, 2009 1:45 PM

Wow, that's tiny...not even on my radar regardless of the price. Next door should buy it and add it to their place.

Posted by: FloatingWorld at July 14, 2009 7:09 PM

Lets see, you save a while for $100K, then take a 300k loan. Almost a given that the value will go down next few years. All for a 300 sf hole in the wall. Shooting for the stars! You can't make this sh*t up!

Posted by: cornerbodega at July 14, 2009 8:43 PM

« Last Week's Biggest Sales House of the Day: 14 Seventh Avenue »

July 14, 2009

Co-op of the Day: 59 Pineapple Street, #2L

Trackback Pings

Comments

Post a comment

Latest Restaurant Additions