Co-op of the Day: 90 8th Avenue
What’s not to like about this two-bedroom co-op at 90 8th Avenue in Park Slope? Besides the fact that there’s only one bathroom, not much. It’s about as classic as a prewar co-op gets. We’ll see how the asking price of $785,000 flies though. The apartment directly upstairs sold for just $580,000 three years ago…
What’s not to like about this two-bedroom co-op at 90 8th Avenue in Park Slope? Besides the fact that there’s only one bathroom, not much. It’s about as classic as a prewar co-op gets. We’ll see how the asking price of $785,000 flies though. The apartment directly upstairs sold for just $580,000 three years ago and the C-line on the 8th floor just closed for $785,000 last month, but who knows what kind of shape those places were in. Think the sellers will get their price?
90 8th Avenue [Warren Lewis] GMAP P*Shark
I will respectfully disagree with 2:00 and 2:05.
Park Slope is great, don’t get me wrong. But comparing the UWS, its proximity to midtown, subway lines, Central Park AND the Riverside park, in addition to its being “on the Isle of Manhattan”, a hop skip from twenty million taxis, Lincoln Center, some of the finest museums in the world… must I go on?
Real estate on the UWS does not compare to real estate in Park Slope. Biiiiiiig difference in price per square foot and buyers.
The decor makes me want to throw up
while ps and the uws are very similar i think…or at least it seems lots of uwsiders move to ps, the difference i see is that ps still attracts young artsy people and gays and lesbians, whereas it seems to me the crowd on the uws has gone completely to the family set. i never hear about any of my friends moving to the uws, but i do hear often about them moving to ps. or wanting to.
just my 2 cents.
I actually think Park Slope itself as a neighborhood is more desirable than the Upper West Side. The one thing the UWS has going for it is that it’s on the isle of Manhattan. Which of course trumps all.
In terms of neighborhood feel, quality shops, schools, etc, Park Slope wins on all counts, in my opinion.
The Upper West Side has turned into a pretty bland place. And I used to absolutely love it.
I recently sold an apartment with the identical floorplan, square footage, and general condition in a great doorman building on the Upper West Side for 850K (down from the asking of 925K). My old maintainance was only $800–much lower than this one’s. So I have got to say that this place is overpriced. You may think that Park Slope is as desireable as the UWS, but most people don’t. I moved to Brookly because it is a lot cheaper–and not just a 65K savings with higher monthlies!
I think the buyer would be a young 20’s or 30’s professional or perhaps a couple. I think a couple with one child would be ok here, but yes, it would be a bit tight I guess.
The reason I gave that example is because I did just that. Bought a place 7 years ago for 175K in the East Village. Sold it 2 months ago for 585K and then bought a 1 bedroom plus den on Lincoln Place around the corner from here (with cash).
Now I’m 34 and have no mortgage.
That is do-able, 1:41, if they wanted to. But do you see this place as a “family” pad? With only one bath, little closet space and no dining area? It seems tight. My guess is, the family who lives here outgrew it (me spies a crib in the french-doored bedroom).
Who would be the buyer for this place?
Not only does someone NOT need a Wall Street salary for a place like this, but I bet someone will sell their 1 bedroom in Manhattan and buy this place with cash.
What’s a C-Line?