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
This is a nice building, and the apartments are usually more affordable, but my understanding from others who have lived there is that co-op board is old old old and stodgy, so it’s hard to do anything other than breath softly there or to get a buyer approved… hence, they often sell at more reasonable prices.
Still, a controlling board means safe, clean and well-managed.
Brooklyn Heights bores me to tears. I don’t hear about anyone actually seeking out wanting to live there now that Wall Street has gone bust. It’s got crappy restaurants, henry street is a dump, and the people are almost unbearable.
What’s the attraction other than the subway access?
My 2 bedroom definition is somewhere a guest can put their suitcase and shut the door. so this is definitely a two bedroom.
Not to ‘diss’ this building but I went to an open house in that building and it was depressing. down a long hall – up a stinky urine smelling elevator down another long hallway. I didn’t care what the space looked like. If I had to make that trip to and from my front door – I wouldn’t like it. maybe this apt is closer to the bldg entrance which would help . . alot.
then had to go to the other side of the building up another elevator (albeit better smelling) to the roof deck where upon sat a half neked sunbather in all his whale flesh qualities.
needless to say, this was not a good experience.
It felt like an insane asylum redeux
2:35/2:35 – Your childhood home is a red herring. I grew up in a crappy house that has managed to appreciate in value too, but that has nothing to do with the price of a converted 2 bed in Brooklyn Heights.
just me = daveinbedstuy
this might just be the most boring argument in the history of brownstoner. .
oops, sorry about the double post.
and your point is? all that tells me is that they didn’t do a conversion but it’s now a 2 bedroom.
where did you grow up? I grew up in a small cape house. one of the bedrooms was originally the attic which eventually was converted to a small bedroom that one of the kids would get. when the house sold it was then sold as a 4 bedroom (one room that was a den became a bedroom too, this did have a closet already. PS: TWO of the bedrooms did not have closets in the rooms. There was a small closet in the hallway that was shared by both rooms upstairs. the value of the home appreciated just having the extra bedrooms. don;’t see much of a difference with coops doing the same thing…
and your point is? all that tells me is that they didn’t do a conversion but it’s now a 2 bedroom.
where did you grow up? I grew up in a small cape house. one of the bedrooms was originally the attic which eventually was converted to a small bedroom that one of the kids would get. when the house sold it was then sold as a 4 bedroom (one room that was a den became a bedroom too, this did have a closet already. PS: TWO of the bedrooms did not have closets in the rooms. There was a small closet in the hallway that was shared by both rooms upstairs. the value of the home appreciated just having the extra bedrooms. don;’t see much of a difference with coops doing the same thing…