60-Remsen-Street-0608.jpg
This alcove studio at 60 Remsen Street has had a nice tune-up since the owner bought it for $315,000 last October (the kitchen, in particular, looks beautiful) but the fact that it’s on the first floor and, after all, only a studio make the price jump in the intervening eight months to $465,000 a little hard to swallow. While no square footage total is provided, as far as we can tell from the floorplan, this puts the asking price at close to $1,000 a foot. Is this realistic?
60 Remsen Street, Apt. 1C [Brown Harris Stevens] GMAP P*Shark


What's Your Take? Leave a Comment

Leave a Reply

  1. “3:29, that’s so ridiculous. You’d rather pay $600 maintenance for a brownstone walk-up in which you take turns doing all the services yourself, have no doorman, and if something goes wrong, you get a big assessment to cover it.”

    ***
    I live in a brownstone walk-up (well first floor) and my maintenance is 300 a month. And we have a management company that takes care of everything, no underlying mortgage and a hefty reserve fund.

    I have no desire to live in a doorman building. It’s not for me at all.

  2. 3:43 — x-large studios with doormen in Park Slope co-ops do not have maintenance charges half of what they ask in BH. But certainly the maintenance charges in walk-up brownstones are lower. Just don’t compare apples to oranges.

  3. 3:29, that’s so ridiculous. You’d rather pay $600 maintenance for a brownstone walk-up in which you take turns doing all the services yourself, have no doorman, and if something goes wrong, you get a big assessment to cover it.

    In fact, I suspect 60 Remsen St. has a fairly low maintenance compared to many other buildings with same amenities. It’s been around a long time, and the newer buildings often have big mortgages that are being paid off or other issues that keep the maintenance high (see 111 Hicks, for example).

    North Sleeper, I bet that $850 maintenance for your midtown co-op is higher now, and I bet this apartment isn’t much smaller than yours was (note the 1-bedroom in the building also has a $742 maintenance) because it is the same size. Your apartment had over $100 higher maintenance back then, and I’d be surprised if the maintenance didn’t rise at least $50 in 3 years, especially with the high heating costs.

    I have yet to have someone show me a comparable listing for a low maintenance in a 24-hour doorman co-op building. Look, I’m willing to say that the apartment is overpriced by $100,000, but I think the maintenance is exactly in-line or low, for this kind of apt. And please don’t use condos for comparison, since the taxes aren’t included.

  4. I’d rather take the additional 5 stops on the 2/3 Train to Bergen Street in Park Slope (extra 10 mins) for studios which are priced 100-150K less with maintenance charges half of what they ask in BH.

    Oh and nice restaurants and bars and shops as opposed to the crap on Montague Street.
    And no, I don’t live in PS…I live in Dumbo.

1 3 4 5 6 7 10