Condo of the Day: Montauk Club Duplex
It was only recently that we realized that part of the Montauk Club had been converted to condos several years. From what we can piece together, it looks like there are only six residential units, of which this 2,000-square-foot three-bedroom duplex is one. The interiors look pretty nice in a modern way—no evidence though of…
It was only recently that we realized that part of the Montauk Club had been converted to condos several years. From what we can piece together, it looks like there are only six residential units, of which this 2,000-square-foot three-bedroom duplex is one. The interiors look pretty nice in a modern way—no evidence though of any of the hardcore wood paneling that defines the lower floors. And clearly the location and views rock. So how does the $1,545,000 asking price strike you?
25 8th Avenue [Brown Harris Stevens] GMAP
Photo by gmpicket
Was there any detail there originally. It doesn’t look like it has anything to do with the Montauk Club.
it hurts my tummy to imagine what that interior must have originally looked like. this apt. looks awfully sterile suburban for that kind of $$.
I looked at these spaces when they were first offered for sale. All of the spaces involved clumsy and inconvenient layouts with loads of unusable space.
I don’t think that these are worth consideration by anyone.
i saw it, after being excited about the floor plans, but the reality isn’t so exciting. It is a nice apartment but the floorspace allocated to “closets” are so huge mainly because of the steeply pitched roof makes 1/2 the space unusable as anything other than a place to slide a box, yet of course they are reporting that unusable sq footage in the total. Also the home office is up the top, very claustrophobic and can hear everything from the kids rooms on the 2nd level. So in the end it boils down to a much smaller usable space than the plans suggest. You can surely get a 1500 sq ft of classic 6 pre-war around the corner for the same money (and a wait).
The assessement is in the area of 1k per months.
We have been at open house there and the broker has some information on the assessment.
BTW: Owner is president of the board. He suggested the assessment…..
Matilda’s right– cherry cabinets and black granite counters became a fad whenever it was–late 90s?–and now do, indeed, date a renovation. They don’t make it terrible; they just look a little stale. My unsolicited advice: go with classic white, shaker-ish cabinets (or other simple fronts) and some kind of black/gray counter. Will look fresh and clean for decades.
The exterior of the structure is in need of major repair and the condo owners will be assessed soon. All condo owners are responsible for a pro-rata share of the expense, equivalent to their respective ownership interest as defined in the condominium offering plan (I think the shark has the exact percentage).
Needless to say, it WILL be expensive.
The current owner is probably bailing because they don’t want to pay for it. It’s borderline unethical that the broker’s website doesn’t disclose this information. It’s also comical the current owner is asking for a price similar to other large units in the area in older buildings for which no major assessment is coming in the near future.
I would imagine the upkeep on the exterior facade would be huge $$$$. Who would be responsible?
I’m with Matilda. The cabinetry is very off the rack circa 2000. Wenge and Zebra wood are going to look just as tired soon. What a good designer does is create things that transcend the trends put forth by the big manufacturers. Too many people designing things in the cabinet aisle at Home Depot and not taking the process seriously. It’s not about money or fashion, but about expanding your vision beyond the mass marketplace.
But of course if you don’t see the difference, you shouldn’t pay for it.