Co-op of the Day: 358 Clinton Avenue
We’ve always liked this co-op building at 358 Clinton Avenue in Clinton Hill, mostly for its charming entryway. This 900-square-foot two-bedroom apartment has clearly been renovated recently, and overall it looks like they did a nice job. The layout’s a little funky, with the second bedroom stuck back behind the kitchen, but the space has…
We’ve always liked this co-op building at 358 Clinton Avenue in Clinton Hill, mostly for its charming entryway. This 900-square-foot two-bedroom apartment has clearly been renovated recently, and overall it looks like they did a nice job. The layout’s a little funky, with the second bedroom stuck back behind the kitchen, but the space has two exposures as well as 9.5-foot ceilings. The asking price of $599,000 seems optimistic in this market but given the condition not impossible.
358 Clinton Avenue [Corcoran] GMAP P*Shark
I have been in the apartments in 360 and in the Clinton Hill Co-ops. The fact is, the Coops are a great deal and have huge closets and spaces. I actually kike the Coops on the Myrtle Avenue side even better. The outside of 360 looks nice, but the inside lobby does not look much nicer than the lobbies accross the street. The Co-ops are a much better value and you can get a large 2-bedroom with an incredible view for between $450,000 and $480,000…worth every penny.
It is 360 NOT 358. I live at 360 in a similar apt. – legally you may call this a 2 BR because the 2nd room has windows. I use mine as an office. It’s up to each person to decide but it IS in fact a 2 BR. The price seems high but I agree with the fact that the comps do seem to support the ask and they seem to have renovated to a high standard. RE: the heat, that’s the price you pay to be in a pre-War, however, the co-op is working on resolving the heating issues. I LOVE this building and this area! THis is a GREAT neighborhood with friendly people and my neighbors in 360 Clinton all are very cordial and considerate.
That said, my sister lives in the Co-ops and I almost bought in the ones across the street. They were built for Brooklyn Navy Yard workers, I am told, in the 1940s and 1950s. They are a GREAT value and the only difference between them and mine, frankly, is that the co-ops don’t have the crown molding or curved doorways. Otherwise, they have BETTER closets, and 24 hour security, the latter is lacked by my building. I don’t like the classist tone of many of the posts here, if you don’t like a diverse neighborhood made up of varied races, ethnicities and classes, great, take your attitude elsewhere, preferably to Manhattan.
Various people have compared the COTD with the Clinton Hill Cooperative Apartments, the House of D’ and Westchester; let’s try one more. How much would this apartment cost if it was a condominium? I’m not in the market so all I know about current prices is what I read here. It doesn’t seem like there is that much of a price discount to reflect that there is a mortgage on the building in addition to the loan the buyer took out on the apartment. Or am I wrong? Would this be $700K if it was a condo?
11217 — Larger apartments without views and better layouts in CH Coops across the street go for 400-450k. Add on some fantastic views and maybe the price goes to 500k (generally less, but I don’t know if that’s changed in the past year). 360 is a nice building, but for the most part its views are claustrophic (for me, a dealbreaker).
I looked in both buildings extensively and I think that both are a good value. That said, this particular apartment, which is not a real two bedroom is overpriced. As the other poster said, one of the reasons I would never pay 599k for this apartment given what else is on the market. It will be interesting to see what happens, but I don’t think it will go for over $525k.
SnarkSlope: I don’t know about that, but people will definitely pay more for a top floor unit over a 2nd floor unit in an elevator building, all other things being equal…
Is this place worth $149,000 (1/3) more than the same apartment on the second floor (also renovated) that sold last year?
DOW – i too live in the clinton hill coops and you should not bag on what you don’t know about. the apartments are well laid out, well constructed, the buildings & grounds well maintained and they are an EXCELLENT value for your buck. and, unlike other parts of brooklyn, they have done well by hanging on to their value during the housing crisis.
Why are there multiple people who saw, loved and thought the price was fair, but didn’t buy it?
I went to the open house last Sunday and I must say that this is a gorgeous, open, airy apartment with a full renovation. We’ve been looking for a while and there really isn’t much like it in Clinton Hill…. it’s priced in line with what the other apts in that building have sold for according to our broker. Much nicer than the co-ops across the street.