mullanes isnt as bad as i initially thought, but fits into general sterile sports bar category. hopefully this place has some character but also a good place to grab a selection of beers and watch the game. i live around the corner and theres nothing for a mile to catch the yankees.

Posted by: Farkus at October 29, 2009 2:52 PM in response to Streetlevel: Sports Bar for Fulton

800k for that side of the BQE is way too steep.

Posted by: Farkus at August 13, 2009 1:54 PM in response to House of the Day: 31 Vanderbilt Avenue

Prices may be 20% off their peak 9 mos ago but I think it would be an amazing score to find a 1br in those areas for <1400. Try a few blocks east in Clinton hill, or south in Prospect heights. Unfortunalty 1br and studios retain their value best in a down mkt so deals will still be tough to come by.

Posted by: Farkus at May 26, 2009 10:08 PM in response to Neighborhoods for Great Deals?

why would you have stools in a kitchen that tight?

other than that the details look gorgeous.

Posted by: Farkus at May 19, 2009 1:18 PM in response to Co-op of the Day: 90 Prospect Park West, #1R

Thought about the appraisal widget. Seems like mean appraisal is almost always about 10-20% below the ask. While this could be attributed to a variety of factors (and anonymous internet polling is hardly scientific), I would be curious as to how people price without any psychological anchoring. If given a random guess on a blank slate, how would it compare?

that said, prices are still clearly reaching in a lot/most of cases, so a discount to the ask is by no means suprising.

Posted by: Farkus at April 8, 2009 1:21 PM in response to Co-op of the Day: 40 Remsen Street

The place in CG looked like it had decent rent roll back in the fall, especially with the commercial space. $2MM still seems high, probably need something closer to 1.7 given the way rents going these days..

Posted by: Farkus at March 17, 2009 11:46 AM in response to Last Week's Biggest Sales

PropertyShark, StreetEasy, both have a decent amount of info just for free sign up.

Posted by: Farkus at March 10, 2009 3:49 PM in response to Digging up Previous Sale Prices

Thanks guys. The liability issue is clearly paramount, but I would be curious as to the loan considerations. Adam you indicate transferring it after is the best way, but what would be the implications of holding a residential mortage on a 'commercial' property. I agree the banks have a lot bigger things on their hands, but I would not want to find myself in their ire.

Posted by: Farkus at March 10, 2009 2:17 PM in response to Creating an LLC for investment?

R/A is only good for their pump outside the store, prices are ludicrous

Posted by: Farkus at February 26, 2009 2:35 PM in response to Streetlevel: New Bike Shop for Fort Greene

Maybe it will actually have reasonably priced bikes and equipment unlike the ones south of Atlantic in Park slope

Posted by: Farkus at February 26, 2009 2:13 PM in response to Streetlevel: New Bike Shop for Fort Greene

This house is beautiful, though the cleanup /renovation process will make the Augean stables look like child's work

Posted by: Farkus at February 24, 2009 9:42 AM in response to Clinton Avenue 'Haunted House' in Contract

BK public house had their opening Sunday night, great event, food is delicious. Highly reco the cajun shrimp, had two orders of these and couldn't get enough. Decent beer selection, though nothing too extraordinary.

Posted by: Farkus at February 18, 2009 12:20 PM in response to Brooklyn Food & Drink Round-Up

Take the wave back to Shea/Citi

Posted by: Farkus at February 9, 2009 12:06 PM in response to Wacky Times in Crown Heights

That diner was great, and packed to the brim every weekend. I would think a lot of others went down the insurance fraud route before they did.

Posted by: Farkus at February 2, 2009 11:26 AM in response to After the Fire: Miss Williamsburg Diner

I would suspect brownstones reflect more of a flight to quality. If fewer transactions are taking place overall, than given people's psychological anchoring on higher prices it seems logical that only the premium properties are trading, distorting the average up.

Posted by: Farkus at January 13, 2009 11:33 AM in response to Elliman: Condos Down, Co-ops Flat, Brownstones Up in 4Q

Mopar, just curious how you're doing your math on the 1500 a month to carry? What kind of rents are you giving those top two apartments? $1200?

Posted by: Farkus at January 9, 2009 3:56 PM in response to Open House Picks

We have a 1 BR listed on craigslist for 1300- full floor of a private house (our house) with a small patio. South Slope/Greenwood- 18th between 4th and 5th-

Craigslist Ad here:

http://newyork.craigslist.org/brk/abo/1189176187.html

Posted by: Park Place at May 27, 2009 10:28 PM in response to Neighborhoods for Great Deals?

thanks so much guys!! we are indeed looking to brooklyn because of the rumored lower rent prices. we were hoping to get more for our money, and heard that brooklyn is "greener" than manhattan (we are both from virginia).

i think we might go out this weekend and just walk around different areas of brooklyn. we don't really care about cool vs. uncool neighborhoods, we are just hoping for a place with a living room--and windows! :-)

thanks again for your help!!

Posted by: chantal at May 28, 2009 3:12 AM in response to Neighborhoods for Great Deals?

given my username it's no surprise that i would suggest that you can definitely find an apartment in bensonhurst that fits your criteria.

Posted by: 11214 at May 28, 2009 6:34 AM in response to Neighborhoods for Great Deals?

We moved from the city and looked in Park Slope for a long time before deciding to rent in Bay Ridge and couldn't be happier. We found a large 2BR fully renovated apartment for less than run down 1BR's in Park Slope. You can easily find nice sized 1BR's and maybe even a few 2BR's in your price range. If you're unfamiliar with the area and plan on checking it out, 3rd ave & 5th ave are where most of the restaurants / shops and bars are (both nice but I prefer 3rd), and you may also want to walk down to Shore Road by the water - bike path, parks, etc.

Good luck!

Posted by: nyj85 at May 29, 2009 5:20 PM in response to Neighborhoods for Great Deals?