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
Thanks Guest 2:00
…I’ve noticed that the new condo trend for non gut-rehab brownstones has been to either have separate heat/hot water meters or to split the bill between the units minus common area usage. If what you say applies to the property listed, it indeed is a good deal….let’s hope so.
It’s a crappy apartment. Not a good deal.
2:00 – Please get real $160/month for taxes is clearly an oversight that will get corrected once this place sells. It will be more like $500/ month in taxes when NYC Department of finance gets through with you.
THANK YOU 2:09! I just love these new construction condo boosters who seem to think that if something is “new” it is automatically well made. In fact, as we can see all over the borough, it is usually the opposite.
2:07, hate to burst your bubble, but i’m not the broker or seller.
it is possible to like the apartment without being one, you do realize??
1:52 here – thick skull (and admittedly bad grammar) or not, one or two anecdotes of apartments going for over $1000/ sq ft DOES NOT mean that THIS apartment can get that price. Was yours a co-op? Was it a long hike away from the local F train? Was the kitchen obviously sub standard? Did you sell in 2008? Was your third bedroom the size of a walk-in closet?
Congrats to you for getting that price, but my point stands – there is better value for money to be had, and with the market uncertainty buyers have no reason to jump at the first listing they see. If you don’t believe me, check Streeteasy – plenty of comparable co-op listings in PS that are well below $1000 sq/ft.
2:03…I do think this place is great compared to new construction condos.
I have enough friends trying to unload their new pieces of crap in Williamsburg and Greenpoint right now, in search of something with “walls instead of paper” (as they say) for something in Brownstone Brooklyn.
Last week I was at a dinner party of someone who just bought a POS in the South Slope. The couple asked me all night if I could let them know if something comes up for sale in a brownstone on my block in the North Slope because “this place is a total shitbox”
When I turned on their bathroom sink to wash my hands, and water hit me in the eye, I knew what they were talking about.
The place is 6 months old.
At first I was pissed off about this joint only having one bathroom, but then I remembered that you can piss out the window.
Thanks broker/seller 2:06. I was one of those negative nellies, but now that you’ve set me straight, I’m on board.