Co-op of the Day: 99 State Street, #3E

This two-bedroom brownstone co-op at 99 State Street has stuck to its guns since hitting the market in mid-June with an asking price of $799,000: No price reductions here! The fact that the apartment is in a 25-foot-wide building makes the layout a little more generous than in your typical townhouse subdivision. The bedrooms are snug but the living area is nice and big and the common roof deck is a nice kicker too. That said, the asking price comes close to $900 a foot, which in this market seems high for a non-full-service building, even in The Heights.
99 State Street, #3E [Douglas Elliman] GMAP P*Shark

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Cute. But a walk-up with no services and small bedrooms. Okay for a couple.

Posted by: BH76 at September 8, 2009 1:00 PM

Beautiful...but $800,000 for a walk-up seems silly. Killer roof deck though, but then again, you'll be lugging your kids and groceries up 4 or 5 flights of stair every day and only using your killer roof deck for 4, 5 months tops.

Posted by: clintonhillbuyer at September 8, 2009 1:19 PM

It's a cute apartment. I don't really know what things should/could/might "go for", but it definitely looks like a nice place. It would be a great downsizing apartment but for all the stairs! And the roof deck with that view is a plus of course.

Posted by: BrooklynGreene at September 8, 2009 1:20 PM

I have visited this place. The stairs are not an issue for me, but the bedrooms are both very small. The building seems to be well maintained, and the rooftop is a big plus. It is a nice, charming place in a great location, but I believe it is overpriced by at least 10%.

Posted by: Abe Froman at September 8, 2009 1:52 PM

Wow... this would have been perfect for those two girls in the NY Times article.

Posted by: tybur6 at September 8, 2009 2:03 PM

Well, third floor is only two flights of stairs, right? It is nice, but the makeshift-ness of the bedrooms is off-putting to me, smaller one especially.

Posted by: Nomi at September 8, 2009 2:09 PM

Ugh, those bedrooms! 25% overpriced. Easy.

Posted by: Park_loper at September 8, 2009 3:16 PM

Bedrooms are way too small for that price. Delusional.

Posted by: saminthehood at September 8, 2009 3:31 PM

Priced like spacious 2 bedroom, when it's equivalent of spacious 1 bedroom, except without a spacious bedroom.

Posted by: Nomi at September 8, 2009 3:58 PM

How does this compare to the Garden Place co-op from last week? Is this place significantly bigger to justify a higher price without the private deck?

Posted by: Boerumresident at September 8, 2009 4:09 PM

Garden Place place was about 600ft with 400ft deck for $785,000. Much smaller living space; bedrooms about as small with smaller one equally impractical. This place is about 800ft (by my figuring) at $799,000. I don't know. Both seem to be overshooting it.

Posted by: Nomi at September 8, 2009 4:54 PM

horiffic layout.

nuf said

Posted by: STARGAZER at September 11, 2009 11:15 AM

« Last Week's Biggest Sales House of the Day: 333 Winthrop Street »

September 8, 2009

Co-op of the Day: 99 State Street, #3E

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