Co-op of the Day: 385 Argyle Road, #3J

This one bedroom co-op at 385 Argyle Road in Ditmas Park is nothing fancy but, at 820 square feet and with some prewar character, it's also a pretty solid starter apartment. The maintenance is quite reasonable at $513 per month. We'd be surprised, however, if it fetched the asking price of $309,000. More like 10 percent south of that, we'd guess.
385 Argyle Road, #3J [Brooklyn Hearth] GMAP P*Shark

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I love this place. If I could magically sell my current PS apartment now, I'd buy this with cash and be rid of my coop board hassles.

Posted by: WonTon at August 24, 2009 12:50 PM

WonTon,

This place is good 20% overpriced. You can definitely do much better for 300K in Ditmas Park.

Posted by: Kensingtonian at August 24, 2009 1:11 PM

I'd prefer to pay around $250,000. But I figure this place will go for around 275,000.

Of course, a lot depends on the building's financial and infrastructural condition, too. There seems to be an ongoing assessment there now, according to the listing.

Posted by: WonTon at August 24, 2009 1:16 PM

Nice.

Where's the dining room table, tho? Is it an eat-in kitchen?

Posted by: Nomi at August 24, 2009 1:35 PM

Agree with Kensingtonian. I expect this to go for $250k, maybe $260k. They should lower the price now before the listing stagnates and catches that whiffy odor of "what's wrong with this place?"...

Posted by: DitmasSnark at August 24, 2009 1:51 PM

I am very happy that Ditmas Park and Kensington is getting some lovin from Mr. B recently.

Posted by: Kensingtonian at August 24, 2009 2:43 PM

That shower door is hurting my feelings. Seriously. Other than that, the place looks good.

Posted by: InsertSnappyNameHere at August 24, 2009 2:59 PM

Hurting your feelings. That's funny. I know you said "seriously," but still funny.

Posted by: Nomi at August 24, 2009 3:25 PM

:) It's ok Nomi...it's hurting my feelings as in it's so damned ugly I'm just hurt by the sight of it!

Posted by: InsertSnappyNameHere at August 24, 2009 3:32 PM

C'mon, those mermaid shower doors are ultraclassy, and worth the extra $60,000 over what the price should be.

Posted by: DitmasSnark at August 24, 2009 4:04 PM

Well, I bet they are worth something if they're originals from the 50s. Not $60,000, tho. But I don't think this is $60,000 too high.

Posted by: Nomi at August 24, 2009 10:19 PM

« Rental Picks: Prospect Heights House of the Day: 141 Quincy Street »

August 24, 2009

Co-op of the Day: 385 Argyle Road, #3J

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