need advice on 40 Ocean Pkwy

My husband and I are first time buyers and have been shown a 2bed/ 1 3/4 bath co-op apartment at 40 Ocean Parkway. The story is that it is a sponsor sale and was on the market ‘as is’ for 6 months but didn’t sell (it is a mess). The owner pulled it from the market and it doing minimal work (patching the cracks in the walls, etc and will put it back on the market.
My husband and I love the ‘bones’ of the place not to mention the location and schools (we have 2 kids).
I was hoping to get some thoughts on a reasonable price and if anyone has heard of the place when it was up and if any offers had been made.

Thanks

By professor |