Co-op of the Day: 1 Pierrepont Street
Co-op apartments don’t come much finer than this. This south-facing unit at 1 Pierrepont Street in Brooklyn Heights has four bedrooms, two fireplaces and killer Manhattan views from the common terrace. It looks to be in pristine condition (though we coulda used some photos of the kitchen and bathrooms) and on a fairly high floor….

Co-op apartments don’t come much finer than this. This south-facing unit at 1 Pierrepont Street in Brooklyn Heights has four bedrooms, two fireplaces and killer Manhattan views from the common terrace. It looks to be in pristine condition (though we coulda used some photos of the kitchen and bathrooms) and on a fairly high floor. The listing ain’t for the faint of pocket book however: The asking price is $3,450,000 and the monthly maintenance is $3,518. Anyone know what percentage down is required at this building?
1 Pierrepont Street [Brown Harris Stevens] GMAP P*Shark
I’m definitely liking the old timers. I live in a co-op. Love it. It’s my 2nd one, and I plan to be here forever. Love my neighbors, love having a say what goes on, love being able to decide who will live practically on top of me (nature of nyc) and love the community spirit we all share to improve our building.
A lot better than some friends I now know who own condos around the city who say their buildings have turned into glorified dormitories. No ones take pride in the place, because they’ve become half filled with renters who don’t care about the upkeep.
To each his/her own.
I am young, and love my co-op. There you go.
Using rough numbers, owning this place, after putting 1.7 down, would come to roughly 16k/month or 192K/year. (jumbo mortgage and maint.)
That old timer board, and others like it, are keeping NYC from becoming forclosureland-unlike the rest of the nation. For once, I’m with the old timers!
“I don’t like cleaning up dog poop of or vomit the street or taking out the trash or shoveling my walk.”
Hire a maid and pay here extra to clean your stoop and the sidewalk immediately in front of your house. That’s what I do. Doesn’t cost much. And I don’t need to hassle new residends because there are none – I own the whole friggin house.
I understand why people in the < $1m price range would buy a co-op, but I still think that anyone with $1.7 in cash lying around would be a total idiot to not buy a full house. But I guess that's just my opinion. All you millionair idiots out there, plese go ahead and buy at 1 Pierrepont. Birds of a feather and all that... Just FYI - I split my time between my houses in NYC and LA so I really don't get why having a vacation house is relevant.
Quit your yappin’ Park Sloper. You’re nothing but a good for nothing Park Sloper. Go hop on your stroller and slide down a slope.
“Actually, the opposite seems to be true: it’s folks who love to bash the nabe who hijack unrelated threads to talk about how hateful Park Slope is.”
I completely, 100% agree with you on this.
I wish it would stop.
2:14: “I truely don’t understand why EVERY thread about ANYTHING has to be hijacked by Park Slopers about why they are better than anyone else.”
Actually, the opposite seems to be true: it’s folks who love to bash the nabe who hijack unrelated threads to talk about how hateful Park Slope is.
I think I liked it better when the commenting function wasn’t working very well on this blog. It cut down on the mindless vitriol.
I don’t like cleaning up dog poop of or vomit the street or taking out the trash or shoveling my walk.
I have homes other places. I like having a co-op in NYC. I don’t love having to pass a board, but that’s paperwork and I’m used to that. But I do like other hopeful residents having to pass a board. That is worth it to me.
I don’t understand. Isn’t the price of every co-op set by the owner.