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
You’re right. It’s only 700 sq ft. Liars! She increased the sq ft by “approximately” 43%.
The apartment is closer to 850 SF. The bedrooms are nice-sized, but living room is small. Kitchen needs some updating. As discussed, 2-bedrooms usually cater to those with/planning kids, and Easten Pkway and Washington may be a bit too far for many and in a not so great school district. In this market, who knows. I’m guessing itll go for $570-580K. Another similar 2-bedroom on that block is asking $579K and has been on market a while.. As they say, if it were in the slope it would be gone for ask, but East Pkway is another ballgame..
Wow, that’s a bad wide-angle lens job. It took me several minutes to convince myself that pictures 6 and 7 were of the same room (I had been counting three bedrooms in the pictures). Nice building, but lucille is right–no way its 1000 sq ft.
“Do you think this price is reasonable in this market?”
Absolutely. There’s no way you can lose on this one.
***Bid half off peak comps***
I’m not sure I’d want to buy into a co-op that allows only 10% down.
it’s all moot. no one is buying anything now anyway, especially in secondary locations like this.
600k for 1000 sq ft right on the park near subway. This is a pretty good deal.
Er, a thousand square feet? I always love how real estate sites say “approximate square footage,” but there are measurements on the floorplan. Are buyers that dumb? This is about 700. Sheesh.
Nice looking place, but in my opinion it’s not worth more than $500,000 at the moment.