Co-op of the Day: 2 Grace Court
This two-bedroom at 2 Grace Court in Brooklyn Heights looks pretty darn good to us at the asking price of $675,000. With a monthly maintenance of $881, this place is cheaper across the board than the similar two-bedroom at 90 8th Avenue that we discussed yesterday. This place doesn’t feel quite as grand, but it’s…
This two-bedroom at 2 Grace Court in Brooklyn Heights looks pretty darn good to us at the asking price of $675,000. With a monthly maintenance of $881, this place is cheaper across the board than the similar two-bedroom at 90 8th Avenue that we discussed yesterday. This place doesn’t feel quite as grand, but it’s prewar to the core, has the elevator/doorman connection and is steps from the promenade. Seems like a lay-up to us.
2 Grace Court [Brown Harris Stevens] GMAP P*Shark
My mortgage payment goes up 0% for 30 years. Take THAT 5:28.
And I bought my 1 bedroom for less than 100K.
HA!
a HOLE!
Back to this apartment – basically its a one-bedroom, converted into two, making the living space a bit small. The same unit, uncoverted, sells at a much lower price. This is obvious to all buyers, which is why its still on the market.
I assume the owner is waiting for the one moronic buyer who doesnt get it, or doesnt care.
looks like biff is talking to himself again… Well, this thread is officially dead!
i’d say you were owned.
I own, 5:28.
“5:00 isn’t very smart. You’ll have to excuse them.”
Yes, I’m so dumb. Poor stupid me with my less than 2% rent increase per year. It’s a wonder how I ambulate.
“So when I’m looking for an apartment, what should I be looking for in the landlord to allow me to predict whether or not he will increase my rent in the coming years….”
Look deep into that douchebag abyss you call your soul, and then look for the exact opposite qualities in your landlord. They probably won’t rent to you, but it’s worth a shot.
5:10, yes they are increasing 8.5% for a two year lease.
5:00 isn’t very smart. You’ll have to excuse them.
So when I’m looking for an apartment, what should I be looking for in the landlord to allow me to predict whether or not he will increase my rent in the coming years….
In your court, idiot for brains…
“My rent has increased less than 10% in 5 years”
That is the expection and not the rule. Similar exceptions for owners would be those
who refinanced when rates declined and cut their mortgage costs by 1/4-1/3rd and those who saw their home prices double in 5 years.
On average, if you live in NYC over time, your rent will go up more than 10% in 5 years. For example, aren’t even stabilized leases allowed increases approaching 8%-9% on 2-year leases this year..