Co-op of the Day: 50 Sterling Place
50 Sterling Place in Park Slope is a classic four-story brownstone that has been divided into three co-op apartments. The owner of Apartment #2 paid $599,000 for her second-floor two-bedroom floor-thru in 2006 and is now putting it back on the market for $669,000. We don’t mind the fact that the living room is located…
50 Sterling Place in Park Slope is a classic four-story brownstone that has been divided into three co-op apartments. The owner of Apartment #2 paid $599,000 for her second-floor two-bedroom floor-thru in 2006 and is now putting it back on the market for $669,000. We don’t mind the fact that the living room is located in the middle of the apartment where there are no direct windows; it means that the kitchen space is more than a small alcove. (The kitchen finishes themselves, however, look a little below par.) Even if the psychology in the market improves, though, these townhouse apartments are going to continue to feel pressure from the coming glut of new-construction condos that are similarly sized. What do you think this will ultimately sell for?
50 Sterling Place [Brown Harris Stevens] GMAP P*Shark
interesting. i’ve always wondered whether real estate advertisements are subject to requirements of the building code in how they can “legally” describe something. i wouldn’t think a description on a website intended for laypeople amounts to a warranty that building code requirements are met, but i’m not a real estate lawyer.
in any event, some quick research suggests that all they need to do in order to make the room habitable is to have a sufficient opening between the windowless room and an immediately adjoining windowed room. which this has, and seems to be described that way on the floorplan, at least.
z is for zinger!
husband: “honey, can you bring my briefcase to the living room?
wife: “sure, just a sec.”
[CRASHING SOUND — FOUR MEN IN RIOT GEAR WITH “DOB” LOGOS BREAK THROUGH FRONT DOOR]
dob agent 1: “did i hear someone refer to that windowless space as a ‘living room’?”
dob agent 2: “i sure did. and he’s gonna PAY!” [CRACKS KNUCKLES]
husband: “oh no! i’m so sorry! i meant ‘storage area’!”
dob agent 3: “well, that’s not what you said. you said ‘living room’. and now — now it’s a DYING ROOM.”
wife: “i told you we never should have bought this place!”
Call a room a room.
No cross ventilation unless you keep the bedroom doors open and the door to the stupid “anteroom” open!!!
i disagree and TA…the NYC building code is very specific about light and air requirements. You can not legally call this a living room, there are no windows in this room.
Sure you can watch TV in a room with out windows, just be careful what you call the room.
small, cramped, and assuming that there’s no central A/C or washer and dryer in unit. ugly! so very ugly. the vibe of this place is somewhere between right out of college and old lady living on a fixed income.
decent rental but horrible purchase.
That’s quite a hit they’re taking on this place considering all the closing fees (broker!) etc. if they get what people are talking about the place actually going for. Would probably be in their best interest to hold on to it for a bit longer.
hey Biff- send the in-laws to the Holiday Inn Express on Union St. Done and done.
I would bet this gets pretty close to ask actually. My sense is that there are still plenty of people who want to live in the Slope and this price range is pretty reasonable for that market. Looks nicely finished too. Solid apt in my opinion.