Co-op of the Day: 62 Pierrepont Street
This ground-floor FSBO at 62 Pierrepont Street in Brooklyn has a great prewar vibe to it. At about 900 square feet, it’s not huge but there are “2 1/2” bedrooms according to the listing and some substantial outdoor space to boot. Fans of original detail will no doubt dig the picture-frame moldings and cherry wainscoting….
This ground-floor FSBO at 62 Pierrepont Street in Brooklyn has a great prewar vibe to it. At about 900 square feet, it’s not huge but there are “2 1/2” bedrooms according to the listing and some substantial outdoor space to boot. Fans of original detail will no doubt dig the picture-frame moldings and cherry wainscoting. The maintenance is a reasonable $866 per month. And the price? $799,000. We bet this’ll go pretty darn close to ask. Do you agree?
62 Pierrepont Street [FSBO] GMAP
there’s a waterfall to look at for a couple months. big woop. THAT’S a reason to overspend on an apartment! now i’ve heard it all.
go over to ps and you can look at hundreds of acres of the most beautiful urban parkland every day for the rest of your life out your doorstep.
and pay less.
A “waterfall.”
I lived in this building years ago and I can tell you that is the most upkept building in all of the Heights. The Super actually knows how to fix things and believe it or not, he’s friendly.
We were very happy there, we just outgrew the apt.
Also, there was nothing like grabbing an ice cream on a pleasant summer evening and walking lazily to the Promenade, grabbing a bench and taking everything in. Oh yeah, now there’s a waterfall to look at too.
5:38 – no, they didn’t live here pre-WWI. would that make sense?
they lived there in the last 10 years and had the original floorplans framed on the wall.
believe it or not, there were apartment buildings with 2 bedroom apartments in them even pre-WWI.
5:59…
Perhaps the person posting lives in the same building…?
I don’t recall the specifics, but I actually think the person you are thinking of sold their place for 339K. I only remember that, because it’s the same price I bought my place for…
Yeah, there’s probably only one person on this website who bought a studio in Brooklyn.
5:35 here. I should have said “assuming a return to rationality and/or long term trends”. Very little in this market has been rational in the last several years and the trend lines for the last 5 years look like nothing ever seen before.
But if you are trying to predict what is going to happen in the next several years, it seems to me that betting on a return to rationality is safer than extrapolating the last few years. If prices keep going up 60% every two years, in four years that $375k studio will be selling for $960k. Why would rational people pay $960k for an apartment they could rent for $2000?
“I bought mine in 2006 for 235K and someone JUST sold theirs in my building in May for 375K.”
Aren’t you the same person who said that you bought yours for 235 and sold it for 375?
Funny how your story keeps shifting every time you get called on the details.
Brownstoner is overvalued.