The Times Gets Hot for Bay Ridge
The Times was giving it up for Bay Ridge this weekend. The theme of the piece was that more and more folks from Park Slope and Manhattan are waking up to the relative value (30-40% cheaper) available in the traditionally working class nabe. Along with the expansive waterfront looking out over New York Harbor and…
The Times was giving it up for Bay Ridge this weekend. The theme of the piece was that more and more folks from Park Slope and Manhattan are waking up to the relative value (30-40% cheaper) available in the traditionally working class nabe. Along with the expansive waterfront looking out over New York Harbor and Downtown Manhattan, the lovely limestone houses are the main attraction. One couple moving from Toronto recently picked one up on 78th Street for $845,000. The article rightly notes that a similar house in Brownstone Brooklyn would easily fetch $500,000 more. (Sherman Street in Windsor Terrace pops to mind as an interesting comp.) All in all, two big thumbs up from the Grey Lady, with the only complaint being the somewhat limited parking.
More for the Money [NY Times]
I Agree, not only back yards but better schools, Harbor and Bridge views, and shopping. How can you compete with Century 21 department store? Sure Bay Ridge doesn’t have a coop food market, but they have the best specialty food stores in Brooklyn. Italian, Greek, Scandinavian ( the only ones left in NYC are in Bay Ridge)Middle eastern. And China town is a stones throw away. I used to go to the city to buy my specialty produce, but I found Bay Ridge has it cheaper and Fresher. I hope the market doesn’t catch on to this neighborhood; it’s the only real Brooklyn neighborhood left. If you hate the Police or Fire Department, than you’ll hate Bay Ridge, they have a close relationship with their civil servants, that’s why crime is non existent there
I live in Bay Ridge and the commute does not effect me that much. While other parts of brooklyn may be closer to your work, and have better amenities, none of that is worth more than own home/back yard IMHO.
test the commute for a day or two..if will probably get to you after a while. also, do you care about the differences in the shopping/amenities?
Hands Down Bay Ridge over Park Slope. Sark slope is so over…. YUCK…
My wife and I are looking for a place in Brooklyn and recently checked out a limestone in Bay Ridge. We also looked at a similarly priced Park Slope Co-op on a great block.
We’re debating which one is a better fit for us. I prefer the limestone because it has more character and much more space than the co-op. My wife prefers the co-op because the Slope is a more established area and her commute to Midtown would be shorter from Park Slope.
I also like that the limestone has a small backyard while the co-op has no outdoor space.
I also like the idea of owning a house better than owning an interest in a corporation.
Has anyone encountered a similar scenario? If so, how did you resolve it?
O Well… There goes the nab… Bay Ridge Rocks, Get in while you can…
OK, but that Sherman house is 1.3MM and it saz
you need to update kitchens etc, for 800-900Kish in Bay Ridge, you get completely updated homes, so it seems 50% more apples, p.s thanks for doing this site!!!
Admittedly, it’s hard too. But since most brownstones are 4 floors and 3,200 sf or so maybe a better question is where can you find one of those for $1.1 million. You get the same answer (not many places) but best to make sure you’re comparing apples to apples–which is why we thought of the Sherman Street comparison, where there are mostly 3-story,rounded-front houses.
while i didnt go to this OH, there are still 800K house to buy here….
http://www.ahrlty.com/227-799/227.html