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October 22, 2009

Co-op of the Day: 214 Carlton Avenue, #2

This one-bedroom co-op at 214 Carlton Avenue in Fort Greene ain't huge (looks like it's half a brownstone floor) but it's cute and has some nice old-school charm to it. And at $451, the monthly maintenance won't break the bank. We'll be surprised if the asking price of $455,000 is achieved but it never hurts to try. (Well, actually it can hurt to try but in this case the ask isn't high enough to stop someone from looking at it.)
214 Carlton Avenue, #2 [Douglas Elliman] GMAP P*Shark

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Comments

"And at $451, the monthly maintenance won't break the bank."

Instead you'll break your skull, elbows, toes and kneecaps trying to maneuver around this chopped up studio. Half a mil for only an eighth of a brownstone?! What people do to live in...

..."Newwwwww Yaaawwwwk...these streets will make you feel brand new...these lights will inspire you..."

***Bill Thompson for Mayor***

Posted by: Brownstones Half Off at October 22, 2009 12:49 PM

If you move the bed directly opposite the bathroom door, you can do a swan dive from the bed into the tub. DAMN, that's a narrow bedroom!!

It would have been better if they did an 'L' shaped kitchen in that window alcove and put closets in the entry.
Who wants to walk into an apartment into a kitchen???

Posted by: brownjokester at October 22, 2009 12:50 PM

Oh, $125,000 at best (when bottom gets in). Price in the risk of sharing the responsibility a brownstone - rising maintenance costs.

***Bill Thompson for Mayor***

Posted by: Brownstones Half Off at October 22, 2009 12:53 PM

this is worth 200,000 to me tops, the widget would not allow

Posted by: bitter_bubble_buyer at October 22, 2009 12:53 PM

Oh, and the door to the bedroom should have been where the closet is, enter from that little hallway. Add a wall of closets in the bedroom on wall between living room.
Without the bedroom door, you have more wall space in the living room.

Posted by: brownjokester at October 22, 2009 12:54 PM

Is that Mortica Adams' chair in the bedroom?

Overpriced.

Posted by: Tara in the Slope at October 22, 2009 12:58 PM

Cute place, at least 150k overpriced to my eye. A one bedroom, half floor brownstone, located far from a subway, into which one must pass through the kitchen for nearly half a million? Huh?

Posted by: Nokilissa at October 22, 2009 1:04 PM

the best buyer for this place is whomever owns the other half of this floor. work it out people

Posted by: Ringo at October 22, 2009 1:15 PM

That price is hysterical.

Posted by: RinTinTin at October 22, 2009 1:19 PM

banks making loans to this coop now? the last time we saw units listed & referenced here on this blog, banks required 50% downpaymt or something on it. if so, take at least 50% off

Posted by: more4less at October 22, 2009 1:41 PM

It's really a buyer beware coop. Only if you have a good lawyer, cash and get the deal of the century (about half the listing price). Search the address and read lechacal comments.

Posted by: Maly at October 22, 2009 1:51 PM

I used to live here. Mr B there was another thread on this building a while back that you might want to link to.

Posted by: lechacal at October 22, 2009 1:58 PM

who thinks this is worth 511,000 bucks??? Boy have I got a great place for you....:)

Posted by: bitter_bubble_buyer at October 22, 2009 2:10 PM

The asking prices of this and the hotd are ridiculous. This goes to show how far we need to go before there is a correction. In ten years, prices will still be falling...NY re is dead--everyone is looking for a goldman employee

Posted by: bklplebe at October 22, 2009 2:34 PM

This apt is far overpriced.

Posted by: Pigeon at October 22, 2009 3:34 PM

Hahahaha.... I like how the tone has changed so drastically on this little website. It's amusing to me.

A year or so ago, statements like "That price is hysterical" would never have been uttered and probably not even thought (except by me). If this place had sold then for $500,000 it probably would have been seen as a major drop in the market!

Such silly people with no sense of value... just pay what they are told to because that's how it works... work hard, make a crap load of money... buy a tiny apartment for an absurd prices that would buy you a 5,000 sq ft house in NJ.

Ahhh... is this a sign of reality poking its naughty little head in the door? Probably not, but ya never know.

Posted by: tybur6 at October 22, 2009 4:21 PM

This is not a good investment. An apartment like this has no re-sale value. It should be a rental.

Posted by: Minard Lafever at October 22, 2009 4:29 PM

I think it's definitely overpriced, but it would make a pretty sweet bachelor pad. just keep to the living room for your more gymnastic assignations.

Posted by: mt_molehill at October 22, 2009 5:50 PM

"I like how the tone has changed so drastically on this little website.... Is this a sign of reality poking its naughty little head in the door?"

I'm afraid that the "changed tone on this little website" is less a sign of "reality poking its naughty little head in the door," and more a sign that we posters are sheep reacting to the flow of the market without the courage to invest when the market is down.

It's easy to kick a market when it's down.

But maybe it's wise to be a sheep?

Posted by: Pigeon at October 22, 2009 6:26 PM

I happen to think this is a cute apartment. Interesting layout although I agree with those who don't love the idea of entering through a narrow kitchen. But still that wouldn't be the end of the world...actually entering through a kitchen can be very homey. Good walk-through closet to the bathroom.

Kids, this is not "half of a floor of brownstone". The building has a very deep extension so this apartment equates more to the space of a floor-through apartment in a small rowhouse. It's certainly NOT a studio in my opinion. It has a lot of windows on two sides and it looks like another one on a third side.

I'm sure it will sell at the right price. It's not my ideal one-bedroom apartment, and although, for money, it could be staged with expensive furniture to make is show well, someone will decide this is the apartment for him/her/them.

Posted by: BrooklynGreene at October 22, 2009 7:52 PM

Over Priced...a friend of mine looked at this apartment and said it is around 75-100k too high and that other apartments larger are selling for less and much nicer +building has no laundry...ugh! I say 350k.

Posted by: tjj at October 22, 2009 8:20 PM