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Condo of the Day: 262 Bond Street, #2

262-Bond-Street-2-1209.jpg
One of the Cobble Hill Lofts is up for resale. This 2,100-square-foot upper unit originally sold for $1,349,000 when the conversion hit the market in 2007; now the current owner is asking $1,499,000. We really like the combined raw-meets-modern aesthetic of the place, and the monthly charges are still low at $498. What do you think of the price?
262 Bond Street, #2 [City Connections] GMAP P*Shark
Adventures in Warehouse Conversion: 262 Bond [Brownstoner]




17 Comments

By CGar on December 3, 2009 12:54 PM

This is NOT a new listing. I really liked it when I saw it nearly a year ago, when the asking price was the same as it is now. I wasn't prepared to pay $1.5 million then, and I'm still not. I think the loft is great and has great potential, at least when another bedroom or two is carved out of the media room. I love the kitchen (though not the cabinets), baths (though not the cabinets), and patio and deck space. And, unlike in a Brownstone, here I love all the exposed brick and wouldn't cover it all up as fast as I possibly could. But, unless it's snapped up with Goldman Sachs bonus money, I'll wait until the price falls back to earth.

By antidope on December 3, 2009 1:00 PM

how does a board meeting work? seriously. if there are any controversial issues one guy gets screwed. period.
the boiler/furnace for both units appear to be in this unit. not sure either owner really digs that set-up.
price is high for location, but it's a refreshing looking space.

By DeLepp on December 3, 2009 1:02 PM

This is Cobble Hill? Looks more like Boreum Hill Lofts to me.

By CGar on December 3, 2009 1:02 PM

antidope, I could be mistaken, but I seem to recall each unit having it's own boiler and hot water heater.

By Butterfly on December 3, 2009 1:05 PM

i like the interior a lot. i dont like the exterior. it looks like the building is melting or something. or whatever the opposite of melting is. solidifying? freezing?

*rob*

By CGar on December 3, 2009 1:10 PM

I don't like the outside either, *rob*, though it's better than those fugly townhouses on 7th Avenue that look like loading docks. >>>>> But, I'd ignore the outside if I could get the inside for a decent price.

By Minard Lafever on December 3, 2009 1:21 PM

A 2-unit condo is a bit of an issue, I have no idea how that is set up to cover risks. Would have to look into that a bit more.
This is so unusual, it is a little hard to really know whether it is a good investment or not. The location is not ideal. It is too far over, and the double living rooms are an oddity although they say will build out bedrooms instead. It looks like a beautiful space for a courageous young person or couple. You can't beat the carrying costs.


By Kensingtonian on December 3, 2009 1:23 PM

I liked yesterday's co-op better. Its half the size but 3 times less price wise. So here exposed brick is nice and there it's ugly?

By bxgrl on December 3, 2009 1:53 PM

I really love this loft-I must not be well! But seriously, this is one of the few modern buildings where I love the layout and there is enough room to play with. I even like the spare aesthetic of the facade. The brick warms it up and I love that as well. Sadly, I will only be able to afford it if Rupert Murdoch for some insane reason leaves me a lot of money.

By NYGuy7 on December 3, 2009 1:56 PM

DeLepp, you're right, it's not Cobble hill at all. It's actually Carroll Gardens. Bond st. is right next to the canal.

By Petebklyn on December 3, 2009 2:00 PM

Is this really an 'upper unit'? I thought was more the interior unit. With a common courtyard and all windows face into the courtyard? and wouldn't front unit be looking into you all the time?

By Brooklyn Chicken on December 3, 2009 2:16 PM

I walk past this place several times a week. The outside is really nice-looking -- very distinctive. The street is AWFUL, and Bond Street is two very long blocks from Smith. On the plus side, you are one block from a public pool.

By STARGAZER on December 3, 2009 2:25 PM

I didn't see to many windows, maybe on just 1 wall in the front.
would be dark to me, plus, I would like some fresh air, not manufactured fan air.....

By Adam Dahill on December 3, 2009 2:59 PM

Great Space, not too thrilled on the block though.

By VHR on December 3, 2009 4:42 PM

We looked at this unit when it went on the market last February. The price was $1.6 then. It is very nice and a good use of space. The top floor is open so walls need to be put in to make 3 bedrooms and the back room would have no windows. So it could only be a legal 2 bedroom. We though then, as we do now, that the condo is not worth more than the owners bought it for during the peak. The walk through the projects to get to the condo from the subway is not the prettiest walk either. If you want an open space, a private setting away from the street (you can't see the street at all from the back unit) and to be in a small condo bldg, then it's good for you. But I think the price should be around what it was bought for when it was new.

By otisrules on December 3, 2009 5:36 PM

When they were first being shown I slipped and fell on that hard metal staircase after coming in from a rain-soaked roof deck. Boy did that leave a mark.

Loved the layout but a bit too pricey and thought I'd feel claustrophobic after a while being stuck in that back apt with the only light coming in through that atrium.

By CGmodern on December 4, 2009 9:14 AM

We saw this house during the BKLYN designs thing. It was part of the dwell magazine house tour. It thought it was gorgeous and so interesting...really neat materials used.
The block is kind of 'eh'. It does have a lovely roof deck though.

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