Co-op of the Day: 62 Montague FSBO
We’ve got no idea whether they’ll get $1,000 a foot for it, but this 1,500-square-foot pad at 62 Montague Street in Brooklyn Heights should have no trouble attracting attention as an FSBO. The photos make the place feel very loft-like, a sense that’s enhanced by the clean wood floors and exposed brick; the master suite…
We’ve got no idea whether they’ll get $1,000 a foot for it, but this 1,500-square-foot pad at 62 Montague Street in Brooklyn Heights should have no trouble attracting attention as an FSBO. The photos make the place feel very loft-like, a sense that’s enhanced by the clean wood floors and exposed brick; the master suite is also huge. There are two real bedrooms plus an office that could handle a small child. So waddya think? Will they get $1,550,000 for it? There was an open house yesterday so maybe they already have.
62 Montague Street [Squarespace] GMAP
Building photo by Scott Bintner for Property Shark
Although the space overall has a good vibe, I agree about the reno not being top dollar. Linoleum kitchen floor? Is that a formica counter? Not even an undermount sink? No tile backsplash in kitchen…bathroom floor tiles and light fixtures look bland/cheap, too. Exposed brick is not really terribly chic at the moment. All in all, a bit pricey, unless you absolutely love the aesthetic and have the moolah.
I’m afraid I think exposed brick is a little out of style too. But you can always drywall and plaster
10:02pm — You smokin’ crack? When did exposed brick go out of style???
Clearly you haven’t seen the place and clearly you haven’t done any homework. A quick DOB check shows that a) the apt is a combination of two units that was b) signed off in Nov 2004. That spells gut-renovation, not “best he can do to upgrade within his budget” in the 80’s.
As the pictures and the comments from people who saw it attest, you’re completely off the mark.
It’s not bad for under for about a mil, but it’s also painfully obvious that much of the reno was done in the 80’s (peep all that exposed brick). The more recent updates are not top dollar. My guess is that the owner purchased this place long time, and has done the best he can to upgrade within his budget. He is now looking for retirement. Just my feeling.
If the roof deck was exclusive I would think they would have advertised it on their site.
I’m not saying its not worth the price but personally I would spend it on another block. I prefer Remsen and Pierrepont. Also I do find the maintainence a little pricey.
Maybe because he just got featured on Brownstoner? And a lot of potential buyers are away on the weekends before Labor Day?
Hey, if you’re not in a rush, why not pimp it for a while during early summer but be willing to wait for September if business is slow during Jun/Jul/Aug?
My question: Is it better to advertise all summer long while waiting for Labor Day, or just for a few weeks and then pull it until the crowds return to the city on the weekends?
if he’s willing to wait til late summer, why is he having an open house Wed night in late June?
2:03 – “The owner said he has an offer near ask but has declined to accept so far – said he’s willing to wait until late summer when he assumes the market/open house traffic will be best.”
By “late summer” I assume the owner’s really talking about “after Labor Day”? OK sure that’s technically summer until the 3rd week of September, but when I hear “late summer” I think “sitting on the beach in the Hamptons” not “high open house traffic”.
This apt is not the same one listed with Corcoran. That one needs a lot of work to bring it up to 1.5+ mil quality, this one doesn’t.
I saw the Corcoran apt too (same day – yesterday) and although it has water views the windows are small and broken up by wall space so that didn’t really do much for me. And I agree, the third bedroom is tiny – more like a small office. The 6th floor apt is really lovely and if I had the money I’d buy it in a heartbeat.
I notice that it now says open house on Wednesday evening.