Co-op of the Day: 10 Plaza Street East
It’s all about the views. At least, in the case of this high-floor co-op at 10 Plaza Street East, it’s a lot about the views; it’s also about the location. The two-bedroom, two-bath apartment itself is rather non-descript, but the postwar building is full-service and the maintenance is under $1,000, so we bet this place…
It’s all about the views. At least, in the case of this high-floor co-op at 10 Plaza Street East, it’s a lot about the views; it’s also about the location. The two-bedroom, two-bath apartment itself is rather non-descript, but the postwar building is full-service and the maintenance is under $1,000, so we bet this place will sell pretty close to the asking price of $815,000. If it does, it’ll be the highest sales price in the building in recent memory, according to Property Shark.
10 Plaza Street East [Brown Harris Stevens] GMAP P*Shark
I was not impressed at the open house. Nothing special about the place except for the view. In my humble opinion, not worth the cost, especially with the 25% down requirement.
People buy brownstone apartments over these for a few reasons, not least the charm. But when I bought a brownstone apartment, there were more of them that allowed 10% down than in larger buildings, and the maintenance was almost always considerably less in brownstone apartments — 2 things that are especially important to first-time buyers.
I was also looking closely at issues of building finances, and brownstones generally don’t have a history of assessments, whereas many larger buildings do (important if you are feeling like you won’t have much money left after buying.) And larger buildings with long hallways, many dimly lit for some reason, didn’t feel homey to me – they felt like hotels.
Now, I live in a larger, elevator building. I was younger didn’t care about having an elevator, having only previously rented walk-ups. Now I wouldn’t go back to a walk-up. My building has nice, bright hallways too. I’ll never live in a small, self-managed coop again (let someone else take care of the building.) I also wouldn’t take an apartment without a window actually in the kitchen – I like having a sunny kitchen again, it affects me positively, I didn’t realize how much I’d missed it.
I like this apartment. Think it will fly quickly, even if it does need some work. My only reservation is that you can’t tell from the pictures how much natural light the kitchen gets. That was dumb photo-taking, as was the furniture and rug moving.
Oh, and I have 5 teapots (I collect them, one is shaped like a fish. I love it.) But just the 1 kettle.
While it is true that you can’t BREW 2 kinds of tea in one pot, you can heat the water for both in a single kettle.
3:43: you made me spit out my water.
excellent work!
3:34 HILARIOUS, THANKS FOR THE LAUGH,
I was not going to join this thread since this apt seems pretty blah (and too expensive IMO in softening market), but I will say that we recently sold our apt that had 2BA and are currently renting one that has only 1BA. It’s not that big a deal to go from 2 to 1, though it was nice to have a separate BR for the kids, who often can’t wait when it’s time to do their thing, and their stuff does clutter stuff up. Anyone know how much a 2nd bath is worth in 2 apts that are otherwise same size/condition/area?
the over-consuming Americans will be the death of us all
also, waiting for someone else to make their tea when you want tea is not remotely comparable to waiting for someone else to make their doody while your own doody is battering at the gate.