Condo of the Day: 505 Court Street, #10C
This two-bedroom penthouse at 505 Court Street looks pretty good on paper so we’re having a hard time understanding why it didn’t sell last year when it was on the market for $899,000. After being pulled in May 2008, it’s just been re-introduced at the new and improved asking price of $749,000. Combined monthly carrying…
This two-bedroom penthouse at 505 Court Street looks pretty good on paper so we’re having a hard time understanding why it didn’t sell last year when it was on the market for $899,000. After being pulled in May 2008, it’s just been re-introduced at the new and improved asking price of $749,000. Combined monthly carrying costs are $1,391, which is higher than you’d expect for a 1,233-square-foot pad in a newish condo. What’s also weird is that the listing is using the same photos as an old listing for a different penthouse apartment (#10G). So which apartment are the photos really of?
505 Court Street, #10C [Corcoran] GMAP P*Shark
Condo of the Day: 505 Court Street [Brownstoner]
I hear that owners have received a letter notifying them of an assessment that will increase CC by 30% for next 3 years as a result of defects that led to leaks/water damage.
I don’t understand why this building gets so much criticism. My husband and I spent two years looking for apartments and we bought our place here in the spring. We LOVE LOVE this building and this neighborhood. The apartments have 18 foot ceilings and cement walls so you can’t hear your neighbors. All the kids and their parents play together in the gated courtyard. The super and his staff are incredibly responsive. The neighborhood is fantastic–Buttermilk Channel, Prime Meats, Fat Cat Wines, etc. The school district is PS 58–one of the best in Brooklyn. It’s also incredibly difficult to find a doorman building in this area, and the doormen in this building know everyone by name and watch out for the kids. It’s a wonderful place to live. Maybe those of us who live here will just keep it a well-kept secret…
One other comment regarding the post on 505’s common areas. They are actually quite nice. The laundry room could use some work, but that’s being done. The lobby, on the other hand, looks terrific. And the courtyard is well-maintained and great for kids to run around in. It’s a rare thing in the city to have that amount of outdoor space so close.
As an owner in 505 I can tell you that many of these comments are off base. We face north and east, and have wonderful views. The 8 ft. windows fill our apartment with light and blue sky by day, and a picturebook skyline by night. We looked around for years before buying here (on the downside of the bubble), and felt lucky to find a place with 12ft ceilings and wide-open spaces. Very different then some of the claustrophobic, cut-up spaces that we saw time and again. I haven’t been in any apartments that face the bqe and perhaps there are issues there, but on this side of the building it’s all roses. As far as the renovation, it’s not shoddy at all. The kitchen and bathrooms are modern. Certainly there’s no old world Brownstoney charm, but there’s lofty charm, and that was fine with us. Regarding the 9th st. f train, it is accurately described as a pit. We always walk to the Carroll street stop, which is fairly close, so won’t be inconvenienced by the renovation. The immediate area is looking up. Buttermilk Channel is right across the street, and Prime Meats and Frankies just up the road. Would be hard for us to be happier here.
CGFan,
Gimme a break.
Its 1 1/2 blocks from the canal. You could open a window and throw a rock into the canal from the units facing Smith St.
Go there and see from yourself. Google map it if you are lazy.
It is NOT Red Hook and only maybe is it Carroll Gardens.
For endless discussion of Court Street Lofts, see about 20 threads on Curbed! PS: I went to a party there and the apartment was actually pretty nice. It faced Court Street, not the BQE, which helped.
Also, I wouldn’t call this area “Gowanus”. Most people consider Gowanus to mean near the Gowanus canal, which are the blocks around Bond St. This is much closer to Red Hook, not Gowanus, but is actually in Carroll Gardens albeit the border.
superfund represents the end of gowanus, and the beginning of PaCoGo, brooklyn’s boomtown of 2028.
It’s Gowanus. Amazing how being next to a Superfund site hurts values.