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
We rent on Berkeley Place and 7th and pay 3600 for a 2 bedroom.
I think a lot of people really underestimate the tax benefit of owning. At the outset, almost your ENTIRE mortgage payment is interest, which is a tax write off. I usually pay around 2K come April 15th and this year (my first full year owning) I got back almost 10K bucks!!!
The more I hear about these rents in Park Slope, the more I think the cries of it costing 100% more to own than to rent are urban legends. I think it might be people who rent (myself included) trying to justify why they don’t own.
i rent a 1 bed on 8th and president for 2800.
not sure where you people find these deals, but it doesn’t sound like the norm. park slope is expensive!!
We rent a 2 bedroom on 8th and Garfield for $4200 a month. It’s really nice though with a private terrace and top of the line everything.
“Get your lazy butt off the internet and walk around to the local real estate offices. You willfind plenty of places – actually in Park Slope – for under $2000.”
Just walked yesterday and stopped to look at every real estate office I saw along 7th and 5th.
The absolute cheapest listing I saw was 2200 and it looked like a dump. The rest were 2500-6000.
i know most people dont care but I rent a place a few blocks away on flatbush thats much larger for $3200. The location isnt nearly as good and the building is kinda shitty and I share it with 3 others but I still pay $800 a month to live pretty damn close to whoever buys this place. Im still in park slope yet live in a completely different world than whoever buys this place. Kinda crazy
“Take a look through craigslist… the only thing in “Park Slope” under $2000 a month is on 20th street”
Get your lazy butt off the internet and walk around to the local real estate offices. You willfind plenty of places – actually in Park Slope – for under $2000.
4:56 – Im the one who found a nice apartment in the north slope in a owner occupied BStone for $2500. Genrally we saw comparable 2-bedrooms ranging from $2500-$3000. Some brokers were willing to negotiate on fee (we rented directly from owner at the end). We didnt focus on one-bedrooms but saw them going for about $1800-2300, depending on size and condition and location. I think July through September rent prices may be a bit higher due to college grads moving in, with them dropping again in the fall.
4:57 – In this market, someone who makes 350K a year and can rent a decent apartment (for them) for $3000 a month, investing the rest wisely is quite smart. Right now there are better investment options than real estate, and his rent is low enough to make it a likely decision. I know a handful of people who have sold at huge profits and are now renting for the time being.