Co-op of the Day: 420 12th Street 2BR
We’re liking the looks of this two-bedroom, two-bath loft at the Ansonia in the South Slope. In this case, the exposed brick works well in relation to the wood-beamed ceilings of the 1,200-square-foot apartment and the interior courtyard is killer. The new listingthe first open house is this weekendcomes with a price tag of $899,000…

We’re liking the looks of this two-bedroom, two-bath loft at the Ansonia in the South Slope. In this case, the exposed brick works well in relation to the wood-beamed ceilings of the 1,200-square-foot apartment and the interior courtyard is killer. The new listingthe first open house is this weekendcomes with a price tag of $899,000 and a monthly maintenance of $921. While that’s still $750 a foot, there are several apartments in the building that have sold for more money in the past couple of years.
420 12th Street 2BR [Corcoran] GMAP P*Shark
Key factor that you haven’t mentioned that drives pricing difference between Dean St and 12th St is the public schools.
The problem isn’t Dean Street, the problem is that it’s facing a huge construction site for the next 10-20 years.
And lord knows what’s going to end up there eventually. Not to mention the actual construction noise right outside your window. You are basically facing Atlantic Terminal…one of the ugliest buildings in all of Brooklyn.
I can see the attractiveness to transportation though…and I can also see some viewing 12th Street as tucked away and remote, but the hole in the ground in front of Newswalk would be a deal killer for me.
i guess i would rather live on dean in prospect heights than 12th street in park slope.
I was listening to the news and it seems that those areas of the country that did see a drop in pricing and where the market is picking up again have seen prices stabilize at 2004 levels.
Streeteasy had a sale in Nov 2005 at just over $650/sf. Also I go by my staple which is a 3br/2ba in the yorkville section of the UES in a full service building currently on the market at under $700/sf. ($950K / 1350sf). granted the UES place still needs one of the baths updated. Kitchen and 1 bath already updated.
Gotta believe that this is overpriced by $100 sf or more. At $650/sf, this would sell for $780K. You think there is any chance that the seller would settle for that?
What floor is it on? The listing says roof rights so you can bet it’s 3rd/4th floor (this building is a walkup). Oh- and you can forget about actually building anything on that roof, only one unit has ever made it through the process.
No floorplan, but it’s a new listing so I expect all will be revealed soon.
No pics of bathrooms or kitchen is concerning. The units I’ve seen in this building typically need work.
At $899 this is $100K less than a comparable 1200sf unit that came on the market last spring.
The courtyard is nice, but how much in monthly maintenance is that worth to you?
The location of these buildings is pretty good – but if you have the $$ it makes more sense to go for one of the condo / elevator buildings rather than this walk-up co-op.
FLOORPLAN … huh … good GOD y’all!
What is it good for?
Sellin’ me this condo
(say it again!)
FLOORPLAN!
Newswalk is a dreadful location, in my opinion.
Ansonia is a much better location than Newswalk imo.
That said, the units in the Ansonia Court building (like this one) have fairly odd layouts that lead to surprisingly small rooms. Will be interesting to see the floorplan. Also, this building is a walk-up. The taller Ansonia building next to this one have elevators. The courtyard at this building is spectacular.
I personally like the Newswalk buidling more and theres a place listed for 799k thats around the same square footage.
theres a 1000 sqf place listed for 600k in the building as well.