Co-op of the Day: 467 Pacific Street
Today’s Co-op of the Day at 467 Pacific Street in Boerum Hill is a FOB listing as opposed to an FSBO listing. (For those scratching their heads, that would translate as Friend of Brownstoner as opposed to For Sale By Owner.) Because of the personal connection, we’ll recuse ourselves from making any qualitative judgements and…
Today’s Co-op of the Day at 467 Pacific Street in Boerum Hill is a FOB listing as opposed to an FSBO listing. (For those scratching their heads, that would translate as Friend of Brownstoner as opposed to For Sale By Owner.) Because of the personal connection, we’ll recuse ourselves from making any qualitative judgements and leave that to the crowd. Here are the basic stats though: Convertible two-bedroom, 700 square feet, $636 maintenance, $459,000 asking price. Think they’ll get their price?
467 Pacific Street [Douglas Elliman] GMAP P*Shark
IMO, “easy Coop Board” should not be viewed as a selling point.
I agree – the location is pretty darn good. Even Pathmark is fairly close. But, as a one bedroom it needs some work. The wall has to go, and I bet the kitchen and bath needs renovation. Im sure it will sell, but probably not at ask. Maybe $10-15,000 below.
Sure, if you COULD remodel the whole space (remember, it is a coop), the raw space is nice. But that’s expensive, and this place is not priced as needing a gut reno.
Is it just me, or would the layout work much better if the kitchen and bathroom were switched? If the kitchen opened to the “living room”, it would seem a bit more spacious. You could also probably move the closet in the main bedroom to where the hallway currently dead-ends at the kitchen. This would cost lots of $$$, but would result in a lot more usable space.
awesome block – one block from every train in brooklyn. and the landmarked district is like five houses away. right across from playground, right next door to community garden.
pacific street is further from the projects than half of Boerum Hill.
and that eastern end of Atlantic Avenue is going more upscale every day. Blue Marble is on the next block.
i’m not the FOB here. just somebody who lives nearby and hates reading inaccurate comments.
Manhattan resident – if so, then it would be a steal, as it is $459.
The block is a bit blah; Pacific is much nicer one block west, by Bond street. The location – subway wise – is good. As to the apartment, its a one-bedroom, clearly. Its misrepresentation to call it a two-bedroom. As a one bedroom, its fine for one person (the bedroom is a bit small), though it will cost money to rip out that wall and reconvert it to its original state. Without seeing the bathroom and kitchen its hard to comment on the price. If they are in lousy shape (which i presume due to lack of pictures) then the price is a bit aggresive. Buyers looking for a 2-bedroom, may be turned off due to size, and those lookng for a one-bedroom may be turend off due to work that it may need.
Ok, let’s say it’s a large 1-BR, which it essentially is. $495K seems about right for a large 1-BR with washer and dryer, no?
-Manhattan resident
this apartment has too much clutter in the pictures shown; not showing the kitchen and bathroom is suspect.