Co-op of the Day: 125 Eastern Parkway, #6F
Apartment 6F at 125 Eastern Parkway in Prospect Heights was listed last month for $675,000. Last week, the 1,000-square-foot preqar apartment’s asking price was trimmed to $650,000. The two-bedroom apartment is nicely laid out but lacks a second bathroom. Monthly maintenance is a reasonable $767. Do you think this price is reasonable in this market?…
Apartment 6F at 125 Eastern Parkway in Prospect Heights was listed last month for $675,000. Last week, the 1,000-square-foot preqar apartment’s asking price was trimmed to $650,000. The two-bedroom apartment is nicely laid out but lacks a second bathroom. Monthly maintenance is a reasonable $767. Do you think this price is reasonable in this market?
125 Eastern Parkway, #6F [Corcoran] GMAP P*Shark
No way its 982SF. I maintain, still, around 850. Mark, the Park Place apt. is on second floor (with bars) and a bit more cramped than the pictures suggest. The roof deck is nice, but I think its still priced too high for wht it is – which is why its still on market. Much better location though.
I live in an 800 square foot two bedroom, and I swear it’s larger than this. Great location, tiny apartment.
I know people who couldn’t get this much for a ~900 sq ft 2 bdrm, 1 bath in the north slope this fall. That one had laundry in the apartment, a new kitchen, and a roof deck. I’d say that makes this overpriced.
I’ve gotta admit – I agree with newcomer HH, I don’t see why these places command more than $500K.
Wow Johnife. I think, I just looked at the pictures and the furniture’s scale to the pictures and made an educated guess. I think much of the space is taken up by the hall which makes the real livable space less. Although this is a great apt., I would prefer to have more living room/dining space.
Have any of you square foot prognosticators taken the time to get out a scale and measure the drawing? I did. Assuming it’s drawn to scale, and using the 11′ 2″ width of the bedroom as a basis for establishing what that scale is, the apartment measures 982 SF (measured to the outside face of exterior walls and center line of surrounding demising walls – as is the normal convention).
A friend of mine wants to trade up from a 1br in Windsor Terrace and is looking at this 250 Park Place apt http://realestate.nytimes.com/sales/detail/253-NS90106966/250-Park-Place-Brooklyn-NY-11238. What do you guys think in terms of the comparison. This apt. is in a better part of PH and seems to have more space from the floor plan although the square footage on the EPW apt. is supposedly larger… The EPW looks nice and on a high floor, but with an old kitchen. The Park Place one had this great renovated kitchen and a killer roof?
Blech. MrsCWB and I visited a condo right behind this one last week, then walked down this stretch. I hate the area and so does she. Way too Manhattan-y … lots of gigantic pre-war boxes, no character, barely any sky except on Eastern Parkway, and that road is super loud, and there’s nothing on it. There’s one cafe nearby, and one supermarket. That’s it.
It’s very reminiscent of Fifth Avenue by Central Park, and that’s not a good thing, to me (obviously it’s a very good thing to many).
I wouldn’t pay $600k for it even at 1000 sf, let alone 750.
Sorry, that is one small two bedroom–half of it is hallway!
This apartment has been on the market forever-first with Warren Lewis, now with Corcoran…..the price point is to high for this market and that kitchen.