Co-op of the Day: 344 6th Avenue, #2
This floor-through brownstone co-op at 344 6th Avenue (between 4th and 5th Streets) is attractive but not a show-stopper. The bay windowed-living room is the nicest part of apartment; the kitchen is pretty blah and the bedrooms, while attractive, are on the narrow side. The sellers cost basis for this place is $610,000 from back…
This floor-through brownstone co-op at 344 6th Avenue (between 4th and 5th Streets) is attractive but not a show-stopper. The bay windowed-living room is the nicest part of apartment; the kitchen is pretty blah and the bedrooms, while attractive, are on the narrow side. The sellers cost basis for this place is $610,000 from back in ’05, so the current asking price of $665,000 is reasonable in that context (and the monthly maintenance of $520 is pretty low too). That said, we’ll be surprised if this one clears $600,000. We shall see.
344 6th Avenue [Corcoran] GMAP P*Shark
“For an extra say, $500 a month (after your tax deduction) you can live in a full-serve, fireproof, elegant, apartment building in the heart of Brooklyn Heights, half a block from the subway.”
You mean you could live in a highrise/dorm in Brooklyn Heights with horrible finances.
I’d choose the PS place, if I had to choose between the 2.
Paying 1500 a month for maintenance on a small 2 bedroom is a sign of an extremely poor run co-op. My former realtor said to stay as far away as possible from the St. George.
I’ve never bought a new car. I bought my Dodge Magnum from the dealer with 4,000 miles on it.
Hey guys, easy with the insults, my pont is merely that the two apartments we are discussing are basically the same price, say $650,000. The difference is the maintenance, one is $500 an month, the other %1500.
Say you have a decent income (and you can afford to buy a new car) but only enough saved up for a downpayment on a $650,000 apartment. For an extra say, $500 a month (after your tax deduction) you can live in a full-serve, fireproof, elegant, apartment building in the heart of Brooklyn Heights, half a block from the subway. Or you could live in a walk-up tenement apartment with no services (or fire escape) on Sixth Avenue about a mile away from the subway. I don’t know what is so “out of touch” about saying that the first option looks better. Naturally, if you’re broke, neither one is doable, but if you are say, a succesful young couple, the choice is a no-brainer. Over and out. Good luck with the jalopy shopping on Craig’s list!
Whether or not the location sucks depends on what you prioritize.
I’m pretty sure this spot would be in PS 321. There is a park and farmers market (spring-fall) on 4th st. 5th ave.
Three blocks from the park qualifies as a plus, not something to sneer at.
Admittedly not especially close to any of the subway lines, but not all that far from the 2/3 at Bergen, the R, or the F.
It’s still overpriced, but pretty much everything is.
Offer $550k.
I don’t know where to begin disagreeing with you Sam.
$665k is too much for this place but since I’m in Team Bear that is a given from me. But anyone in the market for this place is realistically priced out of yesterday’s COTD.
$12k is not too much for a car but then again, neither is $5k. Really depends what you want from your car. There’s no reason for a $5k car to not be reliable if it’s been looked after.
And I’m not sure a single person here said that the price on this place was a good one.
I think we are saying that your assertion that the difference between yesterday’s co-op of the day at $4700 per month and today’s at $3600 per month is chump change.
Could you be any more out of touch?
Just can’t admit when you’re wrong, can you Sam…?
Just found you what most “normal” people would consider a “nice, cheap used car” and you still can’t see the light.
Lots of nice looking cars on craigslist for 5-6K…even some BMW’s and Volvos.
-good luck with those!
At least a cheap 12,000 car will not leave you stuck in the middle of the Brooklyn Bridge when you are driving it home.
You guys are characters!
$12,000 is too much for a car, but $665,000 is a great deal for a dinky little tenement apartment three long blocks from the Park.
I think this site has been taken over by teenage realtors.