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]
“we’re having a hard time understanding why it didn’t sell last year when it was on the market for $899,000”
He serious?
“Combined monthly carrying costs are $1,391”
Before amortized loss.
***Bid half of peak comps***
Shoddy construction in a crappy location.
Yep, it’s deeply mysterious how a 2BR didn’t snag $899k.
“…at 505 Court Street…we’re having a hard time understanding why it didn’t sell last year when it was on the market for $899,000…monthly carrying costs are $1,391, which is higher than you’d expect….”
505 court street (wedged between elevated gowanus and F train) + $1391 cc –> complete understanding why it didn’t sell at $899K
i live pretty close to this building and i actually walk to the carroll st stop at 2nd pace instead of that horrific smith/9th stop. Too dirty and crappy.
a lot of the apartments in this building look right out onto the BQE, which is depressing. they have double glazed windows, so the noise from the highway you hear with the windows shut isn’t terrible, but forget about ever having the windows open on a nice day! it’s loud and stinky.
the great news is they aren’t doing any actual work to the station during the time it is closed – just track work and the bridge. So you’ll still be able to see daylight through the stairs and get rained on inside the station!
sam – my understanding is that just the one station (smith-9th st) will be closed for the duration of the construction. The G train which currently terminates at this stop will skip this stop along with the F train, and continue along the F line for a few stops. If anyone has corrections or additional info, drop it on me.
About the G/F lines, you can read this daily news article:
http://www.nydailynews.com/ny_local/2009/02/24/2009-02-24_f_train_to_frustration_f_g_subway_riders.html
“But for about four months at the beginning of 2011, F trains will skip Smith-Ninth Sts. and only northbound G service will be available there. Starting around the summer of that year, the station will be completely closed – for about nine months, according to the agency.
During one period of the project, only northbound trains will be stopping at 15thSt.-Prospect Park and Fort Hamilton Parkway. During another, only southbound trains will stop there.”
I always look at these when I am on the F train and think to myself wow I can see right into this family’s window and see what they are eating for dinner
anywhoo – cool bldg from afar that maintenance is RIDICULOUS!