Co-op of the Day: University Towers 2 Bedroom
University Towers is a three-building, 549-unit cooperative housing complex on the Fort Greene-Downtown Brooklyn border. Built as rental housing in the late ’50s for Long Island University faculty and staff, the group of buildings was converted to a moderate-income cooperative in 1989. At the time, prices ranged from $41,000 to $46,000 for studios; $67,000 to…
University Towers is a three-building, 549-unit cooperative housing complex on the Fort Greene-Downtown Brooklyn border. Built as rental housing in the late ’50s for Long Island University faculty and staff, the group of buildings was converted to a moderate-income cooperative in 1989. At the time, prices ranged from $41,000 to $46,000 for studios; $67,000 to $92,000 for one-bedrooms; $94,000 to $125,000 for two-bedrooms and $127,000 to $141,000 for three-bedrooms. Now there’s a, 1,100-square-foot two-bedroom for sale for $530,000. The apartment has been recently renovated, with a surprisingly decent job done on the kitchen and bathroom. As for comps, there were two apartments of undetermined size that sold in the high $500’s at the end of last year. What do people think of UT as a place to live in general, especially now that several luxury condos are springing up in the immediate vicinity?
University Towers 2 Bedroom [Craigslist] GMAP P*Shark
PERSPECTIVES: Downtown Brooklyn [NY Times]
Homepage [University Towers]
g I also live in the Clinton Hill Co-Ops. A friend who just bought a nice place in University towers came to visit and his first comment was that he loved our windows.
From what I’ve seen and heard University Towers is a nice option for people like myself who don’t have 7 figures to spend.
a heads-up for people looking at north-facing UT apartments on lower floors: the entire south side of Myrtle will probably be built on in the next couple years
my wife and i looked an a couple apts. there a few years back. low ceilings, tiny windows, pretty good prices. so, what’s that add up to? we didn’t buy there, but i can see why other would.
when i was looking a couple years back, i checked out a few of these apartments. the buildings are well maintained and the grounds are nice, but what i didn’t like was the windows. they seemed small to me and bizarre layouts on the apartments. although a friend looked at them and didn’t notice the windows. i’m now in the clinton hill co-ops and prefer all the light that comes pouring in!
How high are the ceilings?
“get a bit ghetto”
how?
this unit looks really nice; I believe the building doesn’t allow pets though
My Ex-boyfriend lives here. There are some great apts and great people. However, it still can get a bit ghetto sometimes..but if you can get a good deal I say go for it as the nabe has made a big change in the last 10 yrs and will continue to move on up..
Mr. B- The UT Homepage link is directed to the Craigslist posting