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
this place would rent for around 4k maybe more. maybe
its huge.
i thought prewars always had high ceilings. what is up with those? they look like 7 feet high. i do like the decor tho.
*r*
This place is huge. It is also beautifully done. The maintenance is not high considering how large a place it is.
It is 20,000 a year, and part of it is tax-deductible because it includes real estate taxes and interest payments on the underlying mortgage.
This is a really good deal for a large family. $20,000 is what many suburban home owners pay in real estate tax. Brownstones in the area pay much lower RE taxes but they are still ridiculously over-priced and many are in shambles requiring a lot of reno costs. 800,000 for a huge, move-in condition co-op is not bad at all. Plus all the rooms are on one floor (unlike a brownsone) and there is an elevator. I like it.
Wall colors remind me of a now-defunct California diner chain in all shades of berry.
Didn’t you read buyers don’t like to repaint now?
They’re not going to rent it out, dumbass
Oy Vey!
Nice place but given location I can see maybe $3,000/mo rent max. Let’s see…20% down, mortgage payment $4,500/mo., only 3K negative cash flow a month! Great investment!
i think i need someone to lend me 850,000… I can pay the monthly fee.
cool! My old building. This unit is comprised of two apartments that were combined. Never seen a space that large in that building. That is why the maintenance is so high—two apts worth. The doorman is part-time, 4 til midnight. Its a great great building but I highly doubt they will see that price.