Co-op of the Day: 315 Saint Johns Place
The listing for this co-op at 315 Saint Johns Place (just off Underhill) in Prospect Heights tries to position the property as the buyer getting a great deal because of the down market, but we’re not really buying it. Sure it’s nice to find a three-bedroom apartment near the park that’s not seven figures, but…
The listing for this co-op at 315 Saint Johns Place (just off Underhill) in Prospect Heights tries to position the property as the buyer getting a great deal because of the down market, but we’re not really buying it. Sure it’s nice to find a three-bedroom apartment near the park that’s not seven figures, but this place can’t be much more than 1,200 square feet according to our calculations, making the asking price of $799,000 hardly a steal. We might be more positively inclined if the apartment had some prewar charm but, while it’s perfectly presentable, it’s hardly dripping with detail. We suspect they’ve got another $100,000 to go on the price.
315 Saint Johns Place [Brown Harris Stevens] GMAP P*Shark
Now that, chicken I agree with wholeheartedly.
Personally I’d never buy a place with a maintenance like that. I find it a waste for services I do not want or need.
Part of the reason I feel like I scored on my place is because the maintenance is just about the lowest I’ve ever seen on any apartment of it’s kind/size (without a tax abatement situation).
$1 per square foot maintenance IS high – in absolute and affordability terms.
Sounds like a good deal.
Still haven’t made it to the Ramen place yet…have you??
Well, maybe, all I can say is that my bf lives in a full-service building with 24 hour doormen and pays closer to .75 – .80/sf.
It’s high for me Snark, that’s for sure…but for those out there who live in apartment buildings of this nature, I thought that the general consensus that $1 psf was about the norm.
It’s also been said many times here than $1 psf for maintenance is high.
Once again, the maintenance is less than $1 psf, which is not high. Haven’t we been over this? You can’t look at the number itself, you have to weigh the size of the apartment and Johnife just told us the place is over 1300 sf.
And it has a part time doorman and live in super, which is great.
I’m not arguing the price, but it’s been said many times here than $1 psf for maintenance is not high.
The maintenance is too darn high for a part-time doorman. My bf’s sister used to live in that building. It’s not a bad building, but the price is a little, shall we say, ambitious.
maybe priced a little high, but i’m sure they don’t expect to sell for asking anyone. no one does now, right?
it seems like a good family sized apartment. how are they schools near here?