Co-op of the Day: 692 President Street
This top-floor duplex at 692 President Street has a couple of things going for it: It’s cute and it has exclusive roof rights. (The listing describes a slick new kitchen but fails to include a photo.) On the flip side, at 650 square feet, this one-bedroom is on the small side. Luckily, the monthly maintenance…
This top-floor duplex at 692 President Street has a couple of things going for it: It’s cute and it has exclusive roof rights. (The listing describes a slick new kitchen but fails to include a photo.) On the flip side, at 650 square feet, this one-bedroom is on the small side. Luckily, the monthly maintenance is only $536. The asking price, however, is $499,000, which is high on a per-square-foot basis, unless you place a lot of value on the undeveloped roof.
692 President Street [Corcoran] GMAP P*Shark
I want to love this apt for sure, but I find myself looking for a way to stick in a conventional stair somehow (and at what price)…so assume 50K off for stair replacement, and maybe this baby goes for 400k. this means all in = 450K = 700/sf…..maybe?
Lucybb/11217
There are several units on the market at 916 Union….why so many on the market at once, Im wondering aloud…..I went to look at the one that went into contract; liked the view and the elevator, but couldnt get past the settled sloping floors…i imagine every unit in the building is tilted this way, toward the center of the building. dealbreaker for me…
I am the owner of this apartment, thanks for the comments. Some factual corrections from posts above. The square footage is 650 sq feet, the kitchen countertops are Caesarstone, the sink is Blanco and deep instead of wide to increase available work surface. The roof can be developed and has DOB approved plans to build a small penthouse w/ garden, viewable in sketch at this website: http://www.mabbottstudio.com/studio/0601/0601-07.html Views include Manhattan, Statue of Liberty and the Church on 6th Avenue. The entrance is one flight up in the building. I’ve raised a child here, am pregnant with a second and have no accident reports or issues with the spiral stair, we quite like it actually. The master bedroom is large enough to include a nursery and add closets should you desire. This apartment is a sunny, peaceful, loved, well maintained, highly functional home with great finishings and roof garden potential. It is also in PS321 and near great facilities for raising a young child. Hope to see you at the open house on Sunday.
Soapstone countertops? Hm. I would not have thought they were soapstone from the photo.
Describing it as two small stacked studio apartments gives it a whole different and much less pleasant feel. Sounds like if the lower level were a good 50% larger, the stairs were normal, and the kitchen slightly larger, it’d be a lot more appealing and more in line with the asking price.
I saw this pace at an open house last summer.
It is super tiny. Teeny weeny. It feels much smaller than 530 square feet because of the awkward layout. It’s basically two small studio apartments stacked one on top of the other (there’s a door to the hallway on both floors).
Worst of all, the access to the roof is via a very narrow and steep ladder.
The decor is cute, but this place is SERIOUSLY overpriced. I remember the lady of the house telling me how expensive the soapstone countertops were….
tybur6 — “basically a $1400 rental (because of the roof)”
That’s pushing it, don’t you think? It’s at least an $1800 rental.
looks like a bidding war. I’ll offer $155k no contingencies, can close anytime.
Mopar – I’d go as high as $150k
Nice apartment for a college student. $130,000 would be a good price. But the maintenance is way too high.