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
Those Stuy Town and Peter Cooper Village apartment prices make me SOOOOO glad I bought something.
Those places look like projects!!!
I’d look in Park Slope if I were you, 3:51.
Brooklyn Heights has topped out and isn’t going to appreciate any more for a decade.
What are people’s thoughts on 150 Joralemon Street? I live down the block in a rental, looking to buy a 1-bedroom sometime in the near future, see listings in this building pop up somewhat frequently.
Peter Cooper Village – 1 bedroom starts at 3250
2 bedrooms start at 4225.
HOLY MOTHER!!!!
Guest 3:30, I chose to stay in NYC and raise my kids (now teenagers) living in a 1,500 square foot dulpex. It’s ranged from just fine to great. I would not want to live in this Grace Court apartment with two kids though. It’s claustrophic looking and wouldn’t take much to clutter up. A fanily needs a certain amount of room.
Ok sorry…so here’s the scoop on Stuy Town
1 Bedroom – start at 2995
2 bedroom – start at 3610
3 bedroom – start at 5155
I think even with these prices, I’m pretty convinced that Brownstone Brooklyn is not overvalued in the least.
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The average monthly rent at Stuyvesant Town in 2006 was $1,241 for rent-stabilized units, and $2,767 for market-rate units.
According to the Stuy Town website, market-rate units now rent for a minimum of $2,900. At classier Peter Cooper Village, the starting price is $3,270.
In most of Europe, it is quite common for a family to live in a small 2 bedroom apartment.
And nearly every country there seems to have a higher quality of life than we do here.
Something about Americans that is so damn greedy and gross.
If a 1 bedroom in Stuy Town rents for $3,600, then I take back everything I’ve said about brooklyn townhouses being overvalued. Assume that means a 2-bedroom in stuy town is renting for $4,500+.