Co-op of the Day: 1 Pierrepont Street
Yowza! It’s a tough time to hit the market with a $6,250,000 price tag, to be sure, but this is about as blue-chip as they come. The four-bedroom apartment has beaucoup prewar details, views of lower Manhattan and one of the best addresses in Brooklyn; it also has a monthly maintenance of $5,072. One thing…
Yowza! It’s a tough time to hit the market with a $6,250,000 price tag, to be sure, but this is about as blue-chip as they come. The four-bedroom apartment has beaucoup prewar details, views of lower Manhattan and one of the best addresses in Brooklyn; it also has a monthly maintenance of $5,072. One thing we can’t figure out: Why another four-bedroom in the same building was listed for $3,450,000 last spring (and ended up selling for $3,400,000). Anyone know what explains the huge difference in price?
1 Pierrepont Street [Brown Harris Stevens] GMAP P*Shark
Co-op of the Day: 1 Pierrepont Street [Brownstoner]
Never underestimate the value of a great apartment in a premier building. If my recollection serves me correctly, this building is in the same league as buildings on Park Avenue in the 70’s. There are only two apartments per floor, so you’ll have your privacy. You have killer views of Manhattan. There are not one but TWO wood burning fireplaces. The building is FULLY staffed. Oh and with one subway stop to Wall Street and 30 minutes to Midtown, the apartment is one quarter of the price of a similar apartment on the Upper East Side.
And DIBS, BRG…if you’re thoroughly modern apartment dweller, a pantry means that you can actually buy at Costco; the maids’ bathroom, can do double duty as a visitors bathroom not to mention that there is a separation between family and other space.
Lest, you think that I’m out of my mind, the selling price should reflect the fact that updates (paint, drapery, etc.) seem to be oh so necessary.
What’s wrong with the building that the maintenance is soooo high? Or is that to pay for all the union perks that the doormen have???
I don’t get the comment about the maid’s room. Aren’t they always off the kitchen? Every other apartment on the Upper East Side has them – and the older, bigger places on PPW, Eastern Pkwy, etc etc.
This is a far nicer apartment then the other One Pierrepont listing. Views of Manhattan vs views of Pierrepont Playground. Higher floor, better layout.
Still, price seems INSANE. They may have put it artificially insane to move it past the ‘insider phase’ quickly (units in this building with water views must be made available to current shareholders before the hit the open market — sometimes this take a while while people ponder). I wouldnt be shocked if it went for 4mm. This building and Two Montague Terrace are the beginning and end of Brooklyn options for a certain set of people.
hear that loud scratching noise? that’s the sound of the broker’s giant balls dragging on the floor behind him.
but people with children have live in help – or they would if they had the space. It is much cheaper to have a live in nanny than a live out – so maid’s quarters are very very useful.
my apartment in harlem had a maid’s quarter off the kitchen (with a toilet closet in it)! i guess today it would be the perfect room for a bulimic with not a lot of stuff. which could very well be what is living in that room right now.
-rob
6 Mil and no root cellar? No thanks.
Hasn’t shock and awe gone of out style as we all watched, in shock and awe, as the markets tanked and almost collapsed entirely? The last thing we all need now is more shock and awe. Nice layout but for that price, is the outdoor space not even private? Who on earth is the intended buyer for this with such an unbelievable price tag?
A very dated floorplan. Lots of wasted space with that old-styl pantry and the oversized laundry. The Master Bedroom, despite what gkw says, is way too small and that’s not an ensuite bath od an acceptable size for a $6MM+ property. Unless you’ll actually have live-in help, that room is another waste of space. Due to the lack of pics I’d have to say that the bathrooms and kitchen are, at best, “dated.”