Co-op of the Day: 195 Prospect Park West
We’ll say this about the floorplan at 195 Prospect Park West: It ain’t cookie-cutter! The 1,400-square-foot three-bedroom may be short on right angles but it’s got park views to spare. The baseboard heating is a bit of a bummer; the kitchen has an Eighties vibe but looks decently done. Price? $950,000 with a reasonable monthly…
We’ll say this about the floorplan at 195 Prospect Park West: It ain’t cookie-cutter! The 1,400-square-foot three-bedroom may be short on right angles but it’s got park views to spare. The baseboard heating is a bit of a bummer; the kitchen has an Eighties vibe but looks decently done. Price? $950,000 with a reasonable monthly maintenance of $898. What do you think?
195 Prospect Park West [Corcoran] GMAP P*Shark
Very nice apartment. But very busy spot and not facing the aprk. I’d say 850K max.
not familiar with baseboard heating? why so down on it?
I’m not a big fan of baseboard heating but I’d rather have that than radiators. No clanking, no hissing, and more control than “off” and “on.”
Oh THL, you ARE incorrigible. The broker boasts that the mortgage is almost paid off. If I was shopping, I would want to know if the co-op board plans to reduce the maintenance when that happens.
I like the layout, but question. Can you replace baseboard heating and if so, with what? Radiators? Cause I hate, hate, hate baseboard heating.
I wonder what this place would go for on the north end of the park. 200k higher?
Not to quibble, but the “bedroom” off the living room” feels more like a den (no closet). Is it on top floor? If so, lack of outdoor space (roof deck) is a bummer, since that’s often consolation prize for shlepping up so many stairs. Yes, the park is nearby but it’s not the same as private space.
I think the price would have seemed reasonable last spring, but now it’s a whole different ballgame. And I agree that the maintenance seems high, esp since this seems to have no elevator.
DeLepp – thanks much for the info!
Maintenance is pretty reasonable for 1300 square feet. $1 per square foot used to be reasonable now it’s the norm, if you add in doormen, $1.25. Maintenance pays for bldg mortgage, heat, water and sewer, bldg repairs, legal and accounting. Just like common charges at a condo without the mortgage interest deductible.