Co-op of the Day: 566 Prospect Place
Like last Wednesday’s House of the Day, the sales effort of this two-bedroom co-op on Prospect Place just over the border into Crown Heights could benefit from a more neutral paint job. (Lest readers get the wrong impression, we like the use of color and have painted a number of rooms in our own house…
Like last Wednesday’s House of the Day, the sales effort of this two-bedroom co-op on Prospect Place just over the border into Crown Heights could benefit from a more neutral paint job. (Lest readers get the wrong impression, we like the use of color and have painted a number of rooms in our own house strong colors, but when one color dominates the entire mood of a property you’re trying to sell, it’s very risky.) The owner has recently done a clean-looking reno and while there are plenty of things we could nit-pick about, our sense is that $419,000 is a reasonable price to be asking for a two bedroom that needs no work, especially when you include the apartment’s kicker — exclusive roof rights above the apartment. Can anyone comment on the building, a 15,000-square-foot, 20-unit co-op? There was an open house yesterday. Did anyone make it?
566 Prospect Place 2 BR [Brooklyn Properties] GMAP P*Shark
I agree with the above that you did a great job, owner, of painting, renovating, and staging your place for sale. Don’t see what colors are bothering Mr. B at all. It’s amazing how few people do a good job at this–seems like half the houses I looked at were filthy, with overflowing cat boxes and ashtrays, closets stuffed to the ceiling, etc. One house in Harlem was clean, but festooned floor to ceiling with paintings celebrating well-hung African-American guys–and my partner’s parents were with us from Ohio, too… it was hilarious, if not a great idea for a real-estate showing. But I digress….
The apartment pictured is actually mine. Thank you Mr. B for posting it. I am a bit biased, but I picked the colors because they are neutral and calming. (i have seen places that have had really strong colors. I think they look great in the right context, however, i personally am not a huge fan.
3:06 – the apartment is approximately 875 square feet.
The last open house was fairly well attended and people generally had good things to say…come take a look.
I’m with the other commenters on the colors. This is looks like staging 101, actually. Nice accent wall, chair rail to highlight height and neutral earth tones. I wish we could see how big this place is.
I agree with 1:25… I think the colors are neutral enough that they will likely appeal to someone who wants a place in move-in condition… which I think accurately describes this appartment.
I’m with 1:25 – these colors don’t seem too ostentatious… they’re mostly earth tones, which are about as neutral as you get. Even the green is pleasant and light, so long as it isn’t in every room (which it is not, obviously).
For the best coop bargains in Crown Heights try 960 Sterling Place. The coops are under valued and the apartments are spectacular.
I don’t see anything wrong with the paint colors. Aside from the green, they’ve used neutral tones that don’t stand out tremedously and would appeal to most buyers (or be ignored). Can’t go wrong with tans and browns…
ignore the bitterness…just another reminder of deals that went bad (if I only had the means to make that all cash proposition I would be a very wealthy gu).
I spoke to some of the tenants in the building while I was in the process of purchasing the apts and they all said that they had no problems with the building. If I’m not mistaken, the coop board is also a little lax so you probably you purchase this and turn around and rent it out the next day (a plus for investors). The hospital renovation across the street seems as if it was done well (at least the exterior). It’s humongous; probably takes up 2 blocks; so once it’s completely rented out the area should be a lot more vibrant, etc.
The block prior to this one seems to be very well kept; so this could be a great deal for the right person. Good luck.
apartments were on sale 3-4 years ago. four apartments (one 3 bedroom with roof rights, one 2 bedroom with roof rights and 2 one bedroom apts (one with yard rights) ). initially marketed as a package deal by a distressed seller for $200K. How do I know…real estate broker strung me along for a month and a half while continuing to market the property. maybe i’m just a little bitter. building is close to the L or S shuttle (something like that). Right across from the old jewish hospital that was renovated and converted into rentals.
Don’t know much about the building itself. Seems to be well-maintained. Location has a lot of up-sides but might not be for everyone