Co-op of the Day: 360 Clinton Avenue
This massive prewar apartment at 360 Clinton Avenue in Clinton Hill just hit the market and looks pretty interesting. With its current price tag of $850,000, the 1,972-square-foot apartment is priced at about $430 per foot; given that there’s not a doorman, the monthly maintenance of $1,673 doesn’t seem like a bargain (but is probably…
This massive prewar apartment at 360 Clinton Avenue in Clinton Hill just hit the market and looks pretty interesting. With its current price tag of $850,000, the 1,972-square-foot apartment is priced at about $430 per foot; given that there’s not a doorman, the monthly maintenance of $1,673 doesn’t seem like a bargain (but is probably explainable by the fact that, from all appearances, this big spread is likely the result of combining two apartments). Waddya think?
360 Clinton Avenue [Douglas Elliman] GMAP P*Shark
11217—that is an interesting listing. But that apt is right off 4th Ave. I would much rather live on Clinton Ave then in that part of the slope, not to start that conversation again (haha). cost wise, with the lower common charges it is somewhat the same but the monthly nut is still about a grand less on Clinton. All things being equal I would take the Clinton Ave apt.
It doesn’t seem like THAT great of a deal.
Here is a 2300 sf place in Park Slope (3 bedroom/3 bath) for 1.295 million but has maintenance of $800 bucks a month.
Obviously it’s a lot more expensive (so I’m not comparing on that point) but it also quite a bit larger and seems to have more amenities for half the maintenance.
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1389117&ohDat=3/1/2009%2012:00:00%20AM;
Does anyone understand thedudea’s point?
Why would I think of how much I can rent my home for?
Why should that be a consideration of my purchase? I don’t think I get it.
Especially in New York where rents in pre-war buildings tend to be out of whack with reality thanks to rent regulations. Where can you find, for rent, a comparable apartment to this? In the Apthorpe? The Belnord? Where in Brooklyn?
more4less—sorry! I forgot what number you had mentioned. One of you guys should buy this place.
What I don’t like about it is, for such a large apt, that it has a tiny kitchen and no FDR, only a tiny ‘dining area’.
Its a crap load of space, but yes, it does have som ewasted space. I would wanrt to expand the kitchen and break down a wall or two. But, hell, I would love to live in that much space.
11217–as someone who lived in this building I can say with some assurance that you wouldn’t buy here if “grand” were your first and primary motivation. However, for how much space this is its a pretty damn good deal. And the location is second to none in Clinton Hill, this block and the ones on either side of it being as prime as Clinton Hill gets. That is a ton of space if you are a two income family and need room for kids.
Wasder, that’s wrong. why R U telling buttermilk to offer 750k when I’m waiting in bushes to offer 725k?
I think it sounds expensive for what/where it is.
I absolutely don’t think it’s worth over 750K. Especially not with that maintenance. Those costs don’t go down…they only go up. And for that monthly nut, you should AT LEAST have a full time doorman. I can’t imagine spending a million dollars on an apartment to go into the basement to do my laundry.
Nothing about that is “grand”