Condo of the Day: 409 3rd Street
Third Street in Park Slope, with its width and grand houses, is certainly an impressive stretch. That doesn’t mean, however, that an attractive, but far from spectacular, floor-through apartment will be able to fetch $1,000 a foot. The second-floor apartment at 409 3rd Street, which is asking $1,199,000, has some nice prewar charm, to be…
Third Street in Park Slope, with its width and grand houses, is certainly an impressive stretch. That doesn’t mean, however, that an attractive, but far from spectacular, floor-through apartment will be able to fetch $1,000 a foot. The second-floor apartment at 409 3rd Street, which is asking $1,199,000, has some nice prewar charm, to be sure, but the bathroom and kitchen are definitely a little tired and the layout feels like a cluttered maze of little rooms to us. The broker’s use of gross square footage to hype the place rubs us the wrong way as well. (He states a gross square footage of 1,337; PropertyShark uses the figure of 1,098. After all, you can’t sleep in the common hallway!) We think they’ll be lucky to get $1,050,000.
409 3rd Street [Corcoran] GMAP P*Shark
ummm. and 400 sf bigger, 3:10.
you aren’t that dumb, are you?
The smaller one costs more to maintain because, as a new condo conversion, the new higher real estate taxes have already been calculated (or estimated.)
6k less but 400k more. hmmmmm
Yeah, but I think the higher prices for these 850 sq. ft. ones are gotten only when there is a really nice renovation (this one, and the earlier building sold last year, is a new conversion, with a nice new renovation.) I also think it has 2 baths, if I remember correctly, which is a plus. And it being a condo, not a coop, ads to the desirability, too.
Anything remotely nice in the named streets of Park Slope between 6th and PPW are getting close to, if not over 1000 psf.
As long as it’s within the historic district.
actually, I think that places was sold last year.
but that listing does show one thing: there is a sweet spot in PS, CH, BH, etc. For a nicely laid out 2-bedroom with den or fdr in the 850 sqft range, they DO get 1000psf. But smaller and larger apts don’t (unless much much larger 4bedroom kinda places in FS buildings and then they do).
Actually, if I remember correctly, when the Carroll St. was first marketed, they stated that the pics weren’t even of that building – they were from a previous building nearby that had been converted to 4 apartment and sold, and now they were doing another building – to be similar. Don’t know if it has been on the market so long because it is not finished yet, or if it is ready to go and just not selling.
much smaller and the maint. costs are twice as much!
this place on 3rd is 6K a year LESS in maint costs!
That place looks nice, but is much smaller.