Co-op of the Day: 209 Clinton Avenue 1 BR(s)
Time Equities, which is both a real estate investor and broker (and, we should disclose, a long-ago business partner of ours), has owned a ton of apartments in the Clinton Hill Co-ops since the 1980s. Judging from this listing in the NY Times, the firm is unloading some of them now. And while we’re not…
Time Equities, which is both a real estate investor and broker (and, we should disclose, a long-ago business partner of ours), has owned a ton of apartments in the Clinton Hill Co-ops since the 1980s. Judging from this listing in the NY Times, the firm is unloading some of them now. And while we’re not sure we’d be rushing to buy this particular ground-floor unit, there appear to be a number up for sale. This building does provide a decent opportunity to buy a solid, if unglamorous, pad in a stable building in a charming location (if we do say so ourselves). Perhaps readers who currently live in the building can speak more to its attributes?
209 Clinton Avenue, #1C [Time Equities] GMAP
I bought a one BR unit in bldg. 210 on the top floor with full Manhattan views for $77,500 in 2000. I sold my unit in 2005 for $355,000 to move out of state. You must pay the 5% flip tax when you SELL your unit, that applies to everyone. In my opinion 210 is the BEST bldg. in the co-ops, with 325 close behind. These 2 bldgs sit by themselves and are not grouped with the others, it lends itself to a much nicer atmospere IMHO.
7:50 p.m- Depends on the exposure and the condition of the interior. If it faces Clinton Ave and is in decent shape that’s a pretty good deal- otherewise probably not (not terrible, just not “good”).
335k sounds like a great price. doubt you can buy anything cheaper than that in the CH Coops and definitely not at any other coop in Clinton Hill area
Is a 1 bedroom on the myrtle avenue side of the coops priced at 335K on the 4th floor a good deal?
Is a 1 bedroom on the myrtle avenue side of the coops priced at 335K on the 4th floor a good deal?
Is a 1 bedroom on the myrtle avenue side of the coops priced at 335K on the 4th floor a good deal?
Is a 1 bedroom on the myrtle avenue side of the coops priced at 335K on the 4th floor a good deal?
Bought my 2-bdrm through Corcoran in 02. as buyer of these units, Corcoran is great cause they always under-price them by at ~$40k ot $50k. current prices (~$350k 1-bdrm, ~$450k 2-bdrm) are that low cause in part corcoran prices them that low. Doubt they can come up w/ Comps (if not compared to other under-priced CH Coop Units), that justify these low prices.
for buyers on the fence, don’t hesitate if you see anything for these prices – before more & more sellers (like myself) realize 2 bdrm should be priced @ ~$500k.
Liamo, 5% flip tax applies to everyone (I confirmed it as I plan to sell my unit soon)
Kim,
What kind of shady dealings did you have with the corcoran broker. I may be having similar issues and would be happy to get your advice.