Co-op of the Day: 179 Ocean Parkway
While the kitchen isn’t exactly doing it for us, this convertible three-bedroom at 179 Ocean Parkway in Kensington looks like a reasonable way to pick up a family-sized pre-war apartment for under $500,000. (The asking price is $459,000 and the monthly maintenance is $703.) Think this is a good deal for 1,200 square feet? Any…
While the kitchen isn’t exactly doing it for us, this convertible three-bedroom at 179 Ocean Parkway in Kensington looks like a reasonable way to pick up a family-sized pre-war apartment for under $500,000. (The asking price is $459,000 and the monthly maintenance is $703.) Think this is a good deal for 1,200 square feet? Any readers live in this building? Sweet lobby.
179 Ocean Parkway [Corcoran] GMAP P*Shark
sdrubbins: Obviously a bus has yet to hit you.
Are you from the suburbs where everyone gets their own bathroom?
Interesting how you threw up a little when you saw the kitchen. I did the same when I saw your post.
Really, are college dorms included? Do these stats live on the internet someplace?
this is also in an apparent walk up. depends on the floor that the apartment is on.
“Isn’t the median income of Manhattan like 85K?
Just sayin…”
Again, This statistic includes all of the projects on the East side and Harlem. Not to mention the rent control tenants and college dorms.
Take them out of the equation, as well as the top earners to be fair, and I still think the statistic is closer to $100K+
Certainly the previous post regarding the median income of people actually in the market to buy an apartment is valid.
1:24 here. Not a broker. If I were a broker I would have definitely called it “up and coming” and “a good investment.” But if this apartment sells because of my post, I will go to the broker and demand my cut of their commission.
Thank you, broker at 1:24.
“More like 150K, my friend.”
Yeah, and they all work ‘in the arts.’
Sorry, joke…
Having only one bathroom pretty much kills the “family-size” idea – regardless of the actual size of the place.
Seeing that kitchen made me throw up in my mouth a little bit. Needs to be completely redone. But therein lies an opportunity: you open up the ‘pantry’ to the main hallway; and take down the sink-side cabinets to open that countertop to the dining room (there’s plenty of cabinet space on the other side). It could probably be done for under 30 grand.
That, and I like the location (though, “afternoon sun pours in” means the apt faces the Expressway to the west… have to see how big an issue that is). If I was in the market I might pay 450k for this.
This apartment is nicer than many that I’ve seen in Park Slope. Of course Kensington is no Park Slope. In its favor there are many ethnic shops selling a variety of wares from cheeses and baklava to clorful fabrics. many . The neighborhood is nice with easy access to the Prospect Expressway or the “F” train. The schools are even good and there are many parks including Prospect Park not being too far away. This location is appealing because it is walking distance to both Park Slope and Ditmas Park. That would be long walks but walkable none the less. Of course, you can’t beat the price. If you are looking for a place to call home and not an investment in the “next up and coming” neighborhood you might like this area.
Isn’t the median income of Manhattan like 85K?
Just sayin…