Co-op of the Day: 279 Sterling Place, #1B
We’ve already professed our love for this1887 Renaissance Revival building at 279 Sterling Place in Prospect Heights. Now one of the lower duplexes is on the market. The main living area on the first floor of the former public school is pretty stunning: double-height ceilings, massive windows, lotsa light. The sleeping quarters downstairs are less…
We’ve already professed our love for this1887 Renaissance Revival building at 279 Sterling Place in Prospect Heights. Now one of the lower duplexes is on the market. The main living area on the first floor of the former public school is pretty stunning: double-height ceilings, massive windows, lotsa light. The sleeping quarters downstairs are less spectacular but feel less subterranean than one might imagine. In all, the space is 2,222 square feet and is asking $1,299,000, or a little less than $600 per foot. Realistic?
279 Sterling Place [Brenton Realty] GMAP P*Shark
Architecture 101: Public School That Went Private [Brownstoner]
ah – we were going to look at this but I can’t stomach paying $1.3 mill for a place where all the bedroom windows look right at a parking lot. Come on, people.
Yeah, street above ground beats parking lot below ground any day.
I’d rather be above ground. Adding planters will just make those tombs even darker.
would you rather look out at the street? parking lot, as i recall, is totally verdant in summer with myriad trees and other plantings and I can guarantee that it’s quieter than facing Vanderbilt Ave. Add some planters to those windows….
Saw this listing when Corcoran had it. The basement bedrooms were kind of a downer and they do look out onto a parking lot. Seems like the apartments on the higher floors would be the ones to buy and live up to the building’s granduer–I bet this place sells at this price though. It was a necessary price drop.
2:49—show us an example of where one can do better than this at this price point. One block to the 2,3,B,Q trains and a few more to the park. gorgeous bldg. relatively low maint for 4 BRs…
This is a beautiful building but not a beuatiful apartment. Small-ish basement bedrooms, ordinary kitchen and $1550/mo maintenance. you could do better than this for $1.3 mm!
If it sells at or below the current asking, it will reflect a bit of a softening for apartments in the building. The last large apartment to sell in the building went for $1.25 in summer 2006, and was somewhat smaller (although entirely on the 2nd floor and with updated kitchen and baths) and did not have a parking space. Being on the parking lot also means it will be quite quiet (and the lot it not so much of an eyesore-type lot).
This is a lot of space (I would say considerably more than 1800 sq. ft.) in a great building in a great location. It does have the original paint job and kitchen, which were not high quality to begin with, so $ does need to be put into it (and part of the reason the original prices were unrealistic).
A “Corcoranian” 22% exaggeration of square footage? Good for you Brenton Realty, you’re ready for the big leagues. Still, at 1,800 sf and with parking in that building? If I was in the market I would ask to see it immediately.