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Three bedrooms in a prewar building in The Heights for $800,000? Sounds like a good deal—at least on the surface. Unfortunately, the surface is as far as this listing at 61 Pierrepont Street lets you go. There’s not a single interior photo of this sponsor unit. The lack of disclosure combined with the fact that the unit just received a $65,000 price cut after three weeks on the market doesn’t inspire confidence in the state of the apartment. (Plus, sponsors aren’t known for the quality of the renovations in general.) Anyone seen it who can shed a little light?
61 Pierrepont Street [Corcoran] GMAP P*Shark


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  1. Clearly sold as a gut reno “AS IS” and “paint your dreams.” If that isn’t your goal (to do a gut reno) then don’t look at it. Some people want that.

    Some people also like no board approval sponsor units. (Though you’d have to get your renovation plan past the board – but if they are reasonable, they’d want this place to be renovated.)

    What’s with the sponsor charging buyer the transfer tax? I know sponsors converting rentals to condos do this, but I didn’t know coop sponsors selling units they’ve held do that – can someone tell me if that is also common, or the norm?

    There are obviously things you could do with reconfiguring that space to suit you. And it isn’t clear to me that the first bedroom doesn’t have windows – it looks like there may be some on the side (line is very unclear.)

  2. Some of us have too much excitement during the day and appreciate boring when we go home at night. Brooklyn Heights is delightfully boring as far as I’m concerend.
    This apartment is worth it if you can put another bathroom in. What would that and a kitchen redo cost? $60,000 -80,000? It’s worth it.

  3. I live in Park Slope and it takes me 55 minutes from door to desk and I often stand the whole way. I used to live in BH and it took 25. I LOVE Park Slope but everyone here misstates their commuting time and I don’t get it! Maybe if you live on top of the 2/3 and work on that line… otherwise, c’mon BH does have all the lines and they’re all close. It may be the only thing they have, but they have it!

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