Co-op of the Day: 63 Cranberry Street, Parlor Floor
What a difference a financial crisis makes! This floor-through two-bedroom at 63 Cranberry Street in Brooklyn Heights started its listing life less than three weeks ago at an asking price of $1,250,000. Last week that number was cut to $1,150,000 and this week it got another chop down to $1,050,000. Given that it has only…
What a difference a financial crisis makes! This floor-through two-bedroom at 63 Cranberry Street in Brooklyn Heights started its listing life less than three weeks ago at an asking price of $1,250,000. Last week that number was cut to $1,150,000 and this week it got another chop down to $1,050,000. Given that it has only 900 square feet of interior space, the second bedroom is tiny and the kitchen is not dressed to impress, it had no business at its original asking price. It does have location on its side, as well as a 400-square-foot garden. Our favorite room in the house is this dining room, whose beautiful, large windows give it a nice old-school vibe; the living room could probably benefit from a little styling for the purposes of listing.
63 Cranberry Street [Corcoran] GMAP P*Shark
a year and a half ago, this thing would have had a bidding war at original ask. people on here would be telling you how stupid you were if you said it was overpriced. they would call you a bitter renter and something else about what a loser you were. what a difference a financial crisis makes indeed.
As daveinbedstuy commented earlier, the seller is the broker. She actually put this on the market in June for $995K for a few weeks and quickly took it back off. It magically reappeared last week for $1.25M. Obviously, she has an unrealistic view of the marketplace to think conditions have actually faired better since she originally put on the market in June.
http://brooklynheightsblog.com/archives/2763
Heather…it depends upon whether you use illegal or legal workers. 🙂 But the demolition shouldn’t be much..not more than $2,000 for a small one if you can find someone to do a small job.
Heather, please try to attend our October 16th End of the World Party (refer to my Forum post today). Hopefully you’ll make it up that big hill in Park Slope to Union Hall.
Miss Muffett-excellent point about the structure of Corcoran. an interview with prospective brokers will tell you alot about their philosophy and strategy for selling.
How much does it cost to rip out a bathroom, anyways?
Here we go with the two bathrooms thing again.
$800K because of the outdoor space, I think?
Also, that apartment is too small to have two bathrooms.
The seller and the broker for this property have both their best interests at heart. Broker is the seller.