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
This place is for sale for 499K, that’s what the numbers say. I suggested 350K as a somewhat reasonable price for such an apartment (spiral staircase and roof trapdoor.)
400K would be selling to a young professional who already make 100K or so and has 90K in savings. How many of those want a rad pad? I would suggest that my tongue-in-cheek remark about NYU freshmen still applies.
“BRG, you and I think alike. Scary!”
Great minds think alike?
Okay, I’m done with this apartment…it’s a very boring little place. Take out the cutish Ikea-ish furniture and it’s white walls with a wood floor.
This is a pretty nice 1BR. Like nearly every property we see on here, its about 10% overpriced. Either a single person or couple with no kids will surely cough up 450k to live here for its great location.
This is pretty nice 1BR. Like nearly every property we see on here, its about 10% overpriced. Either a single person or couple with no kids will surely cough up 450k to live here for its great location.
Yes Maly, I’ve been an almost life long resident of Brooklyn and have been regularly visiting Park Slope for the better of 25 years, I’ve seen it change from a bad neighborhood to what it is today, unfortunately the people that have moved in are……..and I say no more!
Sorry to quibble on the numbers Maly, but at 400K, that’s 80K down, 320K mortgage is $2350 a month with maintenance costs.
When you factor in the interest deduction, we’re talking less than 2K a month.
Maybe not for a 23 year old, but certainly a young professional.
Two 16′ squares stacked atop one another for 499K? A walk-up?
Sounds like quite a deal.
Sparafucile – I think ‘killer location,’ in this case, means: halfway between 5th & 7th Ave restaurants, stores, etc.; 5-7 mins walk to B,Q,R [one stop from D,N] & 10 mins to F; PS321 school district [tho not relevant to this place, most likely]; and <10 minute walk to Prospect Park; clean, quiet, safe street with no noisy/smelly/dirty commercial businesses sharing the backyard core between Carrol & President…
’nuff said?
brg, you took the words right out of my mouth.