Co-op of the Day: 160 Henry Street
This co-op at 160 Henry Street in Brooklyn Heights ain’t for the faint-of-pocketbook. Even if you decide that the $3,250,000 asking price makes sense for this five-bedroom prewar pad, you’re still going to have to find a way to come up with 50% of that in cash. Building rules, sorry. (While it’s a high barrier…
This co-op at 160 Henry Street in Brooklyn Heights ain’t for the faint-of-pocketbook. Even if you decide that the $3,250,000 asking price makes sense for this five-bedroom prewar pad, you’re still going to have to find a way to come up with 50% of that in cash. Building rules, sorry. (While it’s a high barrier to entry, it’s also part of the reason you won’t see a whole lot of foreclosures in co-ops like this.) No square footage stats are provided, but given that the monthly maintenance is a cool $3, 845, you gotta figure it’s at least 3,000 square feet, right? Before you start guffawing, keep in mind that a unit on the eighth floor sold for $2,745,000 last summer and financing won’t be an issue given the high downpayment.
160 Henry Street [Brown Harris Stevens] GMAP P*Shark
Add up the floor plan #’s – this place is barely 2000 square feet, where are people getting 3000 from? (a monkey’s butt thats where)
there aren’t a ton of them in brooklyn.
that’s the big deal.
i can’t wait to call 12:24 a monkey’s uncle in 3 months.
doormen, porters, live-in-super…La De Da….that’s not so un commen for large buildings these days. So what’s so special about this full-service building?
I saw the same apt on the 4th floor 5 yrs ago listed at 1.5, it was empty and had been sitting on the market for a long time. After a couple of deals fell through it went for about 1.6 during a market uptick. If this place sells for anything near asking price I will be a monkeys uncle because the place had low ceilings, a warren of small bedrooms, high maint with low tax deduction and is in a B- building.
Good luck to them!
Give or take, it’s $1,000 psf. I certainly don’t think it’s overpriced.
You aren’t going to find many 5 (or 6, which this could be) br apts. in the city. Even a lot of brownstones don’t have 5 full-size brs.
I dunno, I like it as an alternative for someone who’s not a UES type but doesn’t want to live in a house.
BTW, the maint. is on the low side psf for a full-service building.
6:57 it means doormen, porters, live-in-super, and a masseuse, what do you think?
And it would not kill the folks at lah-tee-dah towers to plants a little garden in their dour concrete areaway and put a working lightbulb on the entrance light. the building’s entry makes it look like a rental building.
What does full service building mean??
been in that building and it is nothing special at all.
5:49
I’m sorry but you are full of shit,
if a person makes 1 million dollars a year, they can do whatever the f+++ they want unless they are cheap or are hiding money from their wives (could that be your problem)?