Co-op of the Day: 81 Ocean Parkway
Why are sponsors so consistently incapable of doing a sensitive renovation? A coat of white paint, a few gallons of polyurethane and a Home Depot kitchen and they’re done. At least in the case of this three-bedroom, two-bathroom place at 81 Ocean Parkway in Kensington the apartment had some good bones that even a sponsor…
Why are sponsors so consistently incapable of doing a sensitive renovation? A coat of white paint, a few gallons of polyurethane and a Home Depot kitchen and they’re done. At least in the case of this three-bedroom, two-bathroom place at 81 Ocean Parkway in Kensington the apartment had some good bones that even a sponsor couldn’t mess up. And given the asking price of $575,000 (and low monthly maintenance of $743), we bet buyers will be willing to swallow that eyesore of a kitchen.
81 Ocean Parkway [Brooklyn Properties] GMAP P*Shark
there’s zero effort in the product
I just went to a party in a 3 br apt in this building and had serious apt. envy. Theirs was renovated by the previous owner, so it was nicer than this, but the apartment is pretty freaking big. All three bedrooms are real, the foyer is spacious when you walk in, the living area is big and theirs had knocked down the wall at the end of the galley kitchen so it opened up into the living room. Really fabulous. We rent in Park Slope and I’m not sure I’m willing to give up the amenities, but in terms of living space, this is an apartment that you could easily raise two or three kids in and never grow out of. I swear I am not the broker. I also think this renovation sucks, BTW.
Kensington may not be for the hipster crowd or others who may have the need to fall out of bed into a bar, museum or bookstore but it is still a nice neighborhood especially for families with kids. The are stores that suit the neighborhoods needs, as stated in a previous post but like most places in Brooklyn a decent supermarket is a 15 minute ride in any direction. If you have a car parking is reasonably easy to find, if you don’t you can hop the train and be downtown or in the city in 30 minutes.
The monthly charge in our 2-bedroom coop in Kensington is $720 on 1,000 square feet.
About 1/3 ($240) of it pays for the building’s own underlying mortgage – some coop buildings have big mortgages even if they are old, if they’ve been converted recently, or if it’s been refinanced to pay for major renovations like roofs.
The rest (about $480) pays for heating, real estate taxes, maintenance, and the full-time live-in super.
The coops I’ve looked into nearby on Dahill Rd are similarly priced for maintenance costs.
Actually usually ‘builder’ cabinets like that have “pulls” – so they are quite functional without knobs – and if you want knobs you can add those too.
While the price is excessive, I don’t see what’s wrong with the kitchen. You people need to get a life!
maybe sponsor isn’t providing appliances – sometimes they don’t.
if I were interested in buying it, I’d prefer to buy my own knobs (they might drill holes for theirs in the wrong places for the knobs or handles I want, a drag on new cabinets, even if they are home depo, which don’t bother me a bit, really, since they are new), and I’d also prefer to pick out my own appliances (though I’d ask for a credit on the price to purchase them.)
Or, it could be that they just took the pics before the appliances were delivered, but I kinda doubt that.
I think sponsors need to price lower if they don’t provide appliances, and if they pass on the transfer taxes to the buyer.
True, I always notice how people don’t add knobs to those Home Depot cabinets and it’s a peeve. I think people literally never know that’s what you’re supposed to do and that the cabinets and drawers are meant to have knobs on them. They think because they pulled them out of the box like that they’re meant to be like that.
The reason the holes aren’t drilled in them for knobs is knobs are all different and you’re supposed to pick out the knobs THEN drill the holes.
broker person-the park is not the issue . it’s just boring ass kensington and the cheap millspride homedepot cabinets. Can they at least add knobs or pulls? what’s the hold up on the appliances?