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
wait.
good luck finding an apartment this size for this price anywhere in the LES.
I know it! Looks like a nice car for 5k bucks!!
Don’t want or need a car though…
Lots of nice looking cars on craigslist for 5-6K…even some BMW’s and Volvos.
11217, I don’t think this is a very convenient location, and I don’t like living in a tenenment on Sixth Avenue. We all have our standards. The idea of shlepping all the way from Grand Army Plaza and then hiking up the stairs with the baby and grocerioes in tow, forget it. What is this? nineteenth century Slobobia? Fuhgeedit.
I like the prime blocks of Park Slope, otherwise, you can have it, its just a more expensive version of the lower east side.
11217, 84k miles is barely running in for that Passat. An ex-neighbour of mine took his to 300k!
Of course, working for a fancy-pants hedge fund, $12k is immaterial for me 😉
But it’s that kind of thinking that has got the world to it’s current precarious situation. “Don’t worry, we can always finance it”.
As 11217 points out, it is a big difference given the assets being compared.
For some of us, a “cheap used car” is 5K…Not 12k.
http://newyork.craigslist.org/wch/ctd/1058531182.html
Just because you overpay for things, doesn’t mean everyone else does.
That’s 12,000 per year for 30 years ($360,000).
For some of us, that is real money. And many (most?) of us don’t have cars. Cheap, used, or otherwise.
chicken, $12,000 is what a cheap used car costs.
Are you aware how much one has to pay a month for a 6 or 7 or 8 hundred thousand dollar mortgage?
I won’t get into the debt service on the multi-million dollar rowhouses seen on this site every day.
This ain’t child’s play.
Also, much of that “extra” $1000 a month is tax-deductible.
The Chicken,
You are absolutely correct that an additional $1000 a month is a HUGE sum when talking about a home of this price range. It’s the difference between being affordable….and not.
This place is roughly $3600 per month with maintenance.
The BH place is around $4700 monthly.
That ain’t close.