Co-op of the Day: Turner Towers Whopper
Our Turner Towers love-fest last week prompted one reader to bring our attention to another, larger listing in the grand old co-op. This seventh-floor three-bedroom weighs in at a whopping 1,800 square feet and has a large dining and three bedrooms to boot. Downsides? The kitchen and bath “need work.” The price tag for this…
Our Turner Towers love-fest last week prompted one reader to bring our attention to another, larger listing in the grand old co-op. This seventh-floor three-bedroom weighs in at a whopping 1,800 square feet and has a large dining and three bedrooms to boot. Downsides? The kitchen and bath “need work.” The price tag for this pre-warry goodness? $1,100,000. Any recent comps in the building for this? We couldn’t find anything relevant on Property Shark.
135 Eastern Parkway 3BR [Douglas Elliman] GMAP P*Shark
How do you arrive at a $18,000/year expense for the doorman?
Sam,
I don’t think anyone’s being particularly negative. It’s just that the asking price is too high.
Way too high for what/where it is.
That’s all.
As we’ve discussed here many times before, not everyone is interested in a doorman and the expense that goes along with paying over $18,000 a year to pick up some packages.
To each his/her own, Sparafucile. I don’t think it’s so much about shops and restaurants as it is transportation and grocery stores. Both relatively basic needs in the big city.
In any case, the price is too high for where it’s located when there are similar apartments in far superior locations for the same price. That’s really the point, I think.
The location might not be superior to you, but I do think most people would say Lincoln Place between 7th and 8th is a better locale than Eastern Parkway.
Posters who are cringing at the monthly maintenance have obviously no idea what carrying costs are on a house.
The maintenane includes your real estate taxes, and the salary for the doorman, who is the fellow who will accept your deliveries from Fresh Direct, the Dry Cleaners, Omaha Steaks, and your internet purchases, for those who do not wish to walk in the cold to buy things. He will have them all ready for you to pick up at whatever hour you get home from work. It’s nice. I don’t get all the negativity at this beautiful pre-war building.
Re: Lincoln Place. In my opinion, Turner Towers is a better location, since I go to the park and library a lot more often than I go to restaurants and shops. I’m just not a very good consumer.
Actually, the neighborhood of Prospect Heights has been called Prospect Heights since at least the 1920’s when the Prospect Heights High School located on Classon Ave and Eastern Parkway was built (the name is carved in the lintel above the entry). Going back further Prospect Heights was the original name for the entire North Slope/ Prospect Heights areas! So the realtors aren’t to blame this time.
Eastern Parkway is a wonderful street to live on—but this classic 6 looks pretty ordinary and isn’t worth the $1.1M price tag. Turner Towers also has a 25% flip tax( 25% of the sellers profit!)….
Nice 2 bedroom with laundry room. Way over priced, though.
Does Turner Tower still have a 25% flip tax for sellers, or has that been cut back?
washington has all kinds of stuff. Some great curried goat and rice at that Islands place.
Well that was my point Saminthehood.
Location is of utmost importance and with the prices being equal, Lincoln Place seems like a great comparison since that location seems far superior.
If for no other reason than the additional access to the Q train.
Nevermind shopping, restaurtants, etc.