Just Sold in Brooklyn
FORT GREENE $575,000 69-71 South Oxford Street Renovated prewar two-bedroom, 11/2-bath condo, 1,053 square feet, with porcelain bath, kitchen with stainless-steel appliances and granite countertops, terrace and city views; Common charges $509, taxes $298. Asking price $599,000, on market 18 months. Brokers: Kara Kasper and Rodolfo Lucchese, The Corcoran Group. Just Sold! [NY Post] Other…
FORT GREENE $575,000
69-71 South Oxford Street
Renovated prewar two-bedroom, 11/2-bath condo, 1,053 square feet, with porcelain bath, kitchen with stainless-steel appliances and granite countertops, terrace and city views; Common charges $509, taxes $298. Asking price $599,000, on market 18 months. Brokers: Kara Kasper and Rodolfo Lucchese, The Corcoran Group.
Just Sold! [NY Post]
Other sales in the building here
Also very high maintenance & taxes total of $800/month. Much higher than most new developments. One bedroom got NO light. Tiny kitchen area. Still think it’s not a bad deal for that amount of space in that location, but I can see why it took so long to sell.
Maybe a little history about this building — A huge fire in the 1980’s virtually destroyed this building. Developer rebuilt it almost from scratch and BAMM! the 1987 Stock market crash. Units did not sell. Many foreclosures/walk-aways. Then years of squatters, drug dealers, etc. finally last 5 years or so the power of the great location overcame it all (with lots of help from block assoc., DA, police, politicians) and you now have the current situation. Bottom line is historic building, great location. I think if you can somehow get a deal and reconfigure the spaces, a winner.
I looked at it too. (everybody looked at it!) it was really dark and the floor in one part of a bedroom was very echo-y and warped and felt like it was about to give way underneath me. We put in an offer about a year ago and the broker basically ignored us (many unreturned calls) then claimed she could get more. Now it’s sold for MUCH less than our offer…a year and half later.
I’ll tell you why it was on the market so long and why the price was so low for this location: Because whoever converted this building into condos did a crummy job. One unit we looked at (not this one–we saw two ground-floor apts) was chopped into the most ridiculous, awkward, f–ked-up configuration I have ever seen in an apartment (except for that bowling-alley unit that was posted hereabouts a few months ago from the Apple Bank building on the UWS. That one was worse). It was a depressing warren of teensy rooms, narrow stairs, a cheapo kitchen, views of air shafts and a parking lot. Lobby was tricked out with ugly 70s smoked mirror tiles, and an metal front door straight out of a NYC public school. Which is a pity, because, as folks have suggested, this location is amazing and this building has an otherwise beautiful exterior.
I saw this condo several times over the last year. The layout was bizarre. The seller actually had to make renovations during the selling period to improve the look of the space. It is split level and feels like you’re living in a basement with a view of a parking lot. The biggest room is the kitchen/living room. I really hope people who have never set foot in this place (or many other open houses) even mentions AY right now.
i saw these last spring when i was beginning my apartment hunt. though i liked them a lot, and thought the location was great and price pretty good, i remember there was some concern about the workmanship.
not that i noticed anything amiss (though, to be honest, i’m not sure i know what to look for)… but my broker was quick to remind me that the roanoke had been a notorious drug den for many years, and that the renovation might have been shoddy. not the appliances or the finishes, but the deep-down, in-the-bones stuff.
i remember also being concerned about the AY situation (this was before all the contours had been worked out), and depending on the atlantic terminal subways for my commute (overcrowding, and having to wade through endless construction for the next 10 years).
The building is beautiful but the unit itself has a difficult layout. It is a mini-triplex with a 2 very small bedrooms and a good-size ground-floor bedroom (parking lot view), but no real living room (read: TV-watching) area, although there is enough room for a sofa right next to the kitchen. The apartment wasn’t without charm; probably still a very good value at this price.
Why was it on the market for so long…18 months!!!
Wow, great price for that location.