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Condo of the Day: 44 Cheever Place, #502

44-cheever-place-brooklyn-0110.jpg
This one-bedroom condo at 44 Cheever Place just hit the market with an asking price of $549,000. The 960-square-foot pad looks feels like it hasn't had any TLC since the mid-Eighties, but it has nice bones, good light and a deeded parking space. In addition, the combined monthly charge of $691 is quite reasonable. You liking it?
44 Cheever Place, #502 [Brooklyn Heights RE] GMAP P*Shark



29 Comments

By DeLepp on January 14, 2010 12:47 PM

960 sq feet including behind the walls about 800 livable.

By joeingowanus on January 14, 2010 12:48 PM

let the games begin!

frownstoners vs clownstoners !!!

who will win?!??!?! stay tuned to this thread!

By tybur6 on January 14, 2010 12:58 PM

Looks "fresher" than the mid-80s. No? It's waay expensive, but I've been schooled to know better now. Living in an old school is pretty cool. Stay in school!

By gemini10 on January 14, 2010 1:00 PM

haven't the last few COD's been 1 BR's?
can we get some 2 BR's up too?

By binnyG on January 14, 2010 1:03 PM

still half a mil for a one bedrooms...some things will never change

By tybur6 on January 14, 2010 1:03 PM

Gemini, this could be a 2-bedroom. Just add a wall. :-)

By cmar7785 on January 14, 2010 1:06 PM

Would a buyer really care about the school district in a 1 bedroom?

By christopher on January 14, 2010 1:07 PM

Overlooking the BQE trench too....
... although if they cover that and make it a park this would be prime locale...

By gemini10 on January 14, 2010 1:09 PM

tyburg - haha

well this is awfully expensive for a 1BR that you will have to renovate without exclusive outdoor space
also that deeded parking spot, does the BUYER have to purchase the spot for an additional $50K or is that "thrown in"?

By more4less on January 14, 2010 1:14 PM

g10, when in doubt, assume you've got to pay for it - ie mkt still very frothy so no freebies

By christopher on January 14, 2010 1:15 PM

gemini10,
If the parking space is "Deeded" it comes with the apartment.

The $50k is it's realtor appraied "value" if sold separate.

By tybur6 on January 14, 2010 1:20 PM

I know I know, it's not a fair comparison because this is the city and Brooklyn Heights and all of the magic that is attached to that status... but take a look at what $525,000 buys you elsewhere: http://bk.ly/bjx

3900 sq ft, 6 acres, 3 bedrooms, 2-1/2 bath, full basement, decks, living "amongst the apple orchards and blueberry fields" in southern Vermont.

By blackie blackerson on January 14, 2010 1:21 PM

Kinda cool to live in an old converted school, but it looks cramped. Agree with DeLepp - no way that's close to 960 sf.

By Ringo on January 14, 2010 1:35 PM

think I could get into a much bigger place at 1BBP for this price. I know, I know. I'm just sayin'

By Park Sloper on January 14, 2010 1:36 PM

What is with those brokers' pictures?!? Cover up, ladies!

By STARGAZER on January 14, 2010 2:24 PM

UGH, 2 ROOMS AGAIN.

By daveinbedstuy on January 14, 2010 2:36 PM

Cobble Hill, NY


WTF?????

By Consultant on January 14, 2010 3:28 PM

Vermont is not NYC. It is simple Supply and Demand.

By denton on January 14, 2010 3:39 PM

Worst ad copy ever.

By zthacher on January 14, 2010 4:20 PM

Despite the horrendous ad, this place seems lofty and unique. What about the location though? As a West Villager seeking to move to the Cobble Hill area this seems nice, but far from subways.

By lesbiman on January 14, 2010 4:27 PM

It'd be really KEWL if they didn't use the word COOL. It's soooo not today. The apt would be much better if they used KEWL interiors like blackboard backsplashes and KEWL old desktops for countertops. Oh and if they wallpapered the walls with old lesson plans and report cards. Then you'd never forget how KEWL it is to live in a school.
Most teachers I know can't wait to bolt out the doors of a school. Who knew it would be such a KEWL place to live?

By newhomer on January 14, 2010 4:42 PM

Not one photo showing the 13' ceiling height. Sigh. I'm starting my own RE agency.

By DrewCStuart on January 14, 2010 7:20 PM

This is interesting, my wife and I lived in this apartment for the last 7 years. Every year we would try to convince the condo owner to sell our unit to us and she refused (we even had first right of refusal – for whatever that was worth [Nothing]). I will say that it is a large one bedroom, having the powder room was great. We miss all of our neighbors in the building but we certainly don’t miss the low rumble of the BQE outside. Someone made the brilliant decision to install single pane windows along the West elevation. Of course most owners on that side install the City Windows (which look terrible). The view of lower Manhattan and harbor is now partially obstructed by crapitecture on Tiffany Place – but it’s still the best view in the entire building (except for the roof – which again, is uninhabitable due to the BQE noise).

The finishes haven’t been touched since the initial flip to condo in ‘84 or ‘86. The maple floors are original to the school. As far as construction goes – it needs a gut. I convinced the owner to upgrade the appliances (she took all my recommendations and ‘value engineered’ them – which was probably the smart thing to do since I couldn’t convince her to renovate the entire kitchen). All the doors are metal bucks with pre-hung hollow core doors (again – easier to rip out for a buyer). Notice that they don’t show any picture of the baths – they are foul (think 1” wide caulk joints). Another positive is that the PTAC units are new (but still noisy – on the upside they help drown out the BQE noise).

If anyone goes to an open house they will pass out a mezzanine ‘construction’ design, but it doesn’t sound like DOB is approving any more mezzanines in the building. Being architects my wife and I fanaticized about using the space above the kitchen to recess in bookshelves, niches for objects, and a guest sleeping loft. (the main ceilings are 12’ 6” and over the kitchen and baths they drop to 8’). We wanted to tear down the wall between the living and bedroom and separate them with a piece of low millwork that would allow light to pass above and function for both rooms.

The hallways were nice – one of the advantages of an old building infrastructure, they are 14’ wide with terrazzo floors. The ‘new’ common spaces are really dated. The common Laundry Room is a dungeon. The elevator is a bit temperamental and the 5-storey walk up can be painful when it breaks down which happened about every other month (one time for a whole month!).

I went snooping through my pictures to see if I can find some with a better sense of scale, unfortunately I took these to sell furniture before we moved, but they will give you a slightly better sense of the space when it’s not empty.

http://www.flickr.com/photos/70633612@N00/


By Nomi on January 14, 2010 7:41 PM

I know the old schools have big windows and high ceilings, but the idea of living in one that still really feels like chopped up classroom creeps me out.

By NYGuy7 on January 15, 2010 8:37 AM

It looks like they at least updated the appliances in the kitchen but that cabinetry and counter has to go.

Still, about $570 a square foot. I guess if you take into account it does include a parking space that would be reflected in the price. And like they said, if you don't own a car you could definitely get $300 for the space monthly. I'm assuming it must be an outside space since this is an old school otherwise if it was inside you may get $400 for it.

By newhomer on January 15, 2010 1:03 PM

Thanks for the info, Drew. The flickr photos really show off the beautiful floors.

By mtb253 on January 19, 2010 2:03 PM

thanks for your comments Drew. I've been considering purchasing in this building for a while, but am now starting to get the impression (based on what you mentioned about the elevator as well as things I've observed such as the very poor condition of the fire stairwells which are in desperate need of replastering and repainting) that this is a bulding in need of of some serious work (cosmetic at best).

Can anyone else provide any insight into the nature of repairs that might need to be made in the bulding and if they think (or have heard) that these might be underway?

Also, if anyone could speak to the general nature of the condo board in terms of making capital improvements(I've heard that it's quite apathetic) that would be great too.

Maybe I'm being paranoid, but I see a lot of red flags.

Does anyone know if this bulding has its act together or not?

thanks in advance for any info!

By DrewCStuart on January 20, 2010 12:44 PM

mtb253 - Believe me, if I had the money to do it properly I would live in the building. But I do think that it will take a significant amount to do it correctly.

The board is seemed a little apathetic from my perspective (as a lowly renter), on the other hand there are enough type-A professionals in that building to make it truly great community. I heard that the buildings finances are not so great, but these could all be barging points for a better price. I do know that a lot of the finances were going to remedy major problems so smaller aesthetic issue have been sacrificed. The building was re-pointed over the last two years, the parapet was rebuilt, new EPDM roofing

The elevator was better recently, most of the major problems were during a rebuild that happened about 4 or 5 years ago.

You won't find 'bones' like this building, which is why it's so especially appealing in this neighborhood.

By mtb253 on January 20, 2010 7:59 PM

Thanks Drew, that's really helpful information.

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