Co-op of the Day: 325 Clinton Avenue, #11E
Here’s a solid one-bedroom on a high floor in the Clinton Hill Co-ops at 325 Clinton Avenue. These apartments aren’t fancy, but they are generally priced lower than similar places in the nabe. And this one, asking $319,000, has the benefit of great views from the 13th floor. (The kitchen is hurting though.) The monthly…
Here’s a solid one-bedroom on a high floor in the Clinton Hill Co-ops at 325 Clinton Avenue. These apartments aren’t fancy, but they are generally priced lower than similar places in the nabe. And this one, asking $319,000, has the benefit of great views from the 13th floor. (The kitchen is hurting though.) The monthly maintenance of $720 is also decent for a 750-square-foot apartment. Good buy?
325 Clinton Avenue, #11E [Corcoran] GMAP P*Shark
This would be a nice apartment for Rob.
He could get himself a bed and live like a grown-up.
I think it is a good deal.
if you’re going to buy a 1 bedrm unit in this area, $319k is a very good price. Have only seen cheaper prices in that coop when it was short sales, foreclosures, etc. I think renting is a great option to consider in this economy but have to say this unit, if can be bought for around 290k-300k, making a good case to buy (ie freaking gov is on knees dishing out incentives for us to buy). I actually find when these units have bad kitchen & baths to be a plus. To renov a kitchen & bath in an aptmt is not a huge task so rather have options to renov it to my own taste.
325 Clinton 12-G has confirmed cash offers at $420,000. Last April the owner of 12-G was offered as much as $520,000 to sell at that time, but declined due to personal reasons. Furnished 12-G has an established rent of $2,500+ a month. Take a look at the blog below:
http://325clintonave12g.blogspot.com/
The Co-Ops have historicaly been priced low due to real estate racism. The mix of families, singles, emty nesters has been changing over the past decade and the Co-Ops are a great racial, ethnic mix. The Architect of the Co-Ops was the famous Wallace K. Harrison (Lincoln Center, The United Nations). The exterior might be minimalist, but the floor plans are expansive, the windows large and the buidlings are solidly built. The Co-ops also have cutting edge Co-Generation technology making them one of the greenest places to live in Clinton Hill/Fort Greene area.
I voted above asking, I’ll admit it.
The reason is that I’m an owner in a different building in the complex with the same floor plan on a high floor with views and I can tell you, in fact, that this unit will be appraised above asking. Mine was appraised recently for more than 319k. So…maybe i cheated but I did so based on my own experience.
And you definitely don’t have to go downstairs at night to let someone in.
Most resonable price for a true 1 bedroom I’ve seen in a while. Lots of light and views. I think they will get over asking.
300K to live in a housing project, hopefully someone will be slinging product in the courtyard.
That many times though? Well, I guess you could be right. Using various sign-in names could get the job done. I wonder how many people are simply ‘playing around’ on this thing just to mess with the numbers. What a shame.
“I’m looking at the widget above and wondering who appraised this at above asking.”
One guess…
The owner.
I’m looking at the widget above and wondering who appraised this at above asking. Full disclosure, my guess was 299k. I’m not trying to pick on anyone for their pricing estimates, especially because I know nothing of pricing in this market, but I’m curious, if you wish to step forward, what are the factors that made you go above ask?