Co-op of the Day: 430 Clinton Street
This 25-foot-wide floor-through co-op at 430 Clinton Street has three bedrooms and some nice old details to recommend it. (It’s also been stripped of original details in some places.) We’re not wild about the kitchen or the cheap-looking bi-fold closet doors either, but those are easily changed. The maintenance is pretty low too: $774 a…
This 25-foot-wide floor-through co-op at 430 Clinton Street has three bedrooms and some nice old details to recommend it. (It’s also been stripped of original details in some places.) We’re not wild about the kitchen or the cheap-looking bi-fold closet doors either, but those are easily changed. The maintenance is pretty low too: $774 a month. The asking price of $1,450,000 seems a little nutso though. After all, no square footage is provided in the listing, but it’s hard to see how this is more than 1,200 square feet, and could be as small as 1,000 square feet. Nice building and nice location and all, but come on. There’s mention of an open house on the listing but no time specified.
430 Clinton Street [Brooklyn Bridge] GMAP P*Shark
I agree with you 2:01.
I’d rank Berlin, Buenos Aires and Brooklyn as top cultural hubs in the world right now.
Anyone in the visual or performing arts would tell you the same.
I love Brooklyn, but come on 2:01, lay off the Kool-aid.
brooklyn already is the cultural and artist hub of the USA.
“As Manhattan prices continue to soar”
Please provide evidence of this “soaring.” From what I have seen, except at the ultraluxe level, price are declining. This will further push prices down in Brooklyn, as is already happening.
I agree with 1:53 i think we are going to stabilize for a while then start to Incline. As far as this property goes I think this is a very very nice Location. The house looks pretty good to me.
I have a friend who lives in Milan who is coming to New York for the first time ever. We were chatting and he said that his friends and colleagues who have visited NYC so far have said that his MUST SEE place is Park Slope.
I nearly laughed when he said it. I said…really???
I mean, I love Park Slope, but I was shocked that so many foreigners are talking about it. He said they all come back saying it was their favorite neighborhood.
Orig bldg is 25×40 so that is the 1st 1000sq ft. (I know you lose usable sq ft from staircase but that is same for any bldg and is included -so if want to compare apples to apples).
Then there is addition which is something like 16 x 28ish whihc adds another 450 sq ft.
So total is somewhere in range of 1450 sq ft.
or $1000 sq ft.
Like it or not – sq ft is measured by outside dimensions of building- not from interior.
A lot of people who have lived in Brooklyn seem to have disengaged from the reality of the Manhattan real estate market. Most say that Brooklyn is linked to Manhattan in this way, and while I agree, I think they are linked in a different way.
As Manhattan prices continue to soar (up 13% this past year) while part of Brooklyn and the rest of the country see price declines, people in Manhattan seem more anxious than ever to trade up in Brooklyn for more space before the next run up in prices.
While this place might seem high to us, this is the price of a ok 2 bedroom on the UWS. Not even anything all that special. Some building are now commanding 2000 psf in Manhattan and upwards from there for special properties.
With this, I see many Manhattanites who are now looking at Brooklyn with a sense of urgency. The Brooklyn Flea, the Murakami exhibit, the new Manhattan turned Brooklyn chefs and a new wine bar opening practically every week. That along with the HUGE swell in international tourists who are staying and visiting Brooklyn etc are all really exciting things and many see Brooklyn as the next cultural and artistic hub of the U.S. going into the next decade.
Considering that this place clocks in around 1100sf, the prices is sheer lunacy. Needs about a $500k haircut to be taken seriously.