Co-op of the Day: 360 Clinton Avenue One Bedroom
This charming apartment at 360 Clinton Avenue in Clinton Hill is more than a one-bedroom—in fact, many brokers would call the 7-by-9-foot study a second bedroom. It could also be a breakfast room, we guess. Either way, it’s a room you could stash a baby in for a while, but it probably won’t see you…
This charming apartment at 360 Clinton Avenue in Clinton Hill is more than a one-bedroom—in fact, many brokers would call the 7-by-9-foot study a second bedroom. It could also be a breakfast room, we guess. Either way, it’s a room you could stash a baby in for a while, but it probably won’t see you through the elementary school years. The rest of the apartment has good proportions and a nice prewar vibe. Maintenance: $641. Asking price: $485,000. Waddya think?
360 Clinton Avenue [Brown Harris Stevens] GMAP P*Shark
It’s typical that an apt on the top floor in this price range will get $100,000 more than one on the third floor.
BTW, you could buy the same apt in Jackson Heights for a lot less. 15 min to midtown on the E.
Anything on the market now is 20% too high – the only thing slowing down sales prices are unrealistic sellers, so watch as inventory grows and prices drop. This aint florida or vegas, so I don’t think foreclosures will throw prices off that cliff, but lack of demand is usually a pretty reliable bet that prices will fall, and NYC is losing jobs that support demand at a pretty good clip.
Boom days are over people, and while this might sell at close to asking, that mortgage holder will be underwater within a year or two, assuming they put down 20%….
It’s been a fun bubble, and hope everyone loves the pop as much as they have the inflation…
I can’t guarantee that the square footage of this place and the one I am talking about are the same. Our place was probably a bit larger and on a higher floor corner so that was nice. And the bathroom and kitchen were done up really nicely while in this apt you don’t see shots of these things (which obviously leads to the conclusion that they need total redoing). Anyway, I think this is a good price for a really decent apartment in a very nice building. But as we know I am biased!
oh and wasder –
maybe its the elevator/doorman combo that i was ignoring before. its the little things that add up…
wasder –
i like this building/location/apartment a lot. i guess im just surprised that in 07 someone would have paid over 500k (or over 550 as you suggested earlier) for an apt under 700sq ft. ill agree to take your word for it since u know the place better than i do…
“How much does it cost to renovate one of these apartments, $100K?”
That’s about exactly what I spent gut renovating the one I lived in. The one we bought had not been renovated for 40 years. We took it down to the studs, rewired everything, stripped everything etc and put in all new everything.
“lets see some evidence wasder. sounds a bit off…” Tycoon, I just sold my apartment in this building in September. It was similar to this apt in size and had that second small bedroom/study room. We sold for well over 500. Not bullshitting and no reason to shill other than it was my place. It was top floor and on a corner so that probably helped and the renovation was really nice.
“3C must have been totally unrenovated.”
How much does it cost to renovate one of these apartments, $100K?
Has great bones and even if the kitchen and bath need reno it still seems like a fair price. They’ll sell this quick.
“These apartments with this layout have been selling for 50-100G more in the last year.”
lets see some evidence wasder. sounds a bit off…