First off, apartments on Clinton near Pierrpont are always significantly cheaper. Frankly, its a ugly street for the Heights and filled w/ traffic for everyone trying to get onto Tillary.
Monroe is one of the premiere blocks in the heights and you pay accordingly. Isn't that how real estate works in general? You pay for where you live. So sure, you can get a nicer place in Park Slope but have fun sitting on the F train while we have the 2,3,4,5,a,c, and r (all of which Monroe is close).
When you tell ppl you live on Monroe, they say "ohh that's a beautiful street." Clinton on the other hand, gets a "oh." I think the same goes for Hicks.
All in all, I do agree $500,000 is a bit high for the place. I'd place it more like $450,000. Yes- I have seen the place. Yes- I have looked at a ton of 1 bedrooms in the heights. Besides, the weather is getting nice. Apartments always sell for a higher price during this time.
First off, apartments on Clinton near Pierrpont are always significantly cheaper. Frankly, its a ugly street for the Heights and filled w/ traffic for everyone trying to get onto Tillary.
Monroe is one of the premiere blocks in the heights and you pay accordingly. Isn't that how real estate works in general? You pay for where you live. So sure, you can get a nicer place in Park Slope but have fun sitting on the F train while we have the 2,3,4,5,a,c, and r (all of which Monroe is close).
When you tell ppl you live on Monroe, they say "ohh that's a beautiful street." Clinton on the other hand, gets a "oh." I think the same goes for Hicks.
All in all, I do agree $500,000 is a bit high for the place. I'd place it more like $450,000. Yes- I have seen the place. Yes- I have looked at a ton of 1 bedrooms in the heights. Besides, the weather is getting nice. Apartments always sell for a higher price during this time.
Posted by: morning at May 28, 2009 9:50 AM in response to Co-op of the Day: 30 Monroe Place, #5A