Co-op of the Day: 314 Clinton Street, #3
We’re not quite sure how a floor-through apartment in a townhouse like this comes out to 1,712 square feet, but that’s what the listing for Apartment #3 at 314 Clinton Street says. The interior of the apartment is very attractive, as is the private roof deck that looks out over the neighboring church. Still, $1,350,000…
We’re not quite sure how a floor-through apartment in a townhouse like this comes out to 1,712 square feet, but that’s what the listing for Apartment #3 at 314 Clinton Street says. The interior of the apartment is very attractive, as is the private roof deck that looks out over the neighboring church. Still, $1,350,000 for a single floor of a townhouse seems a little aggressive in this environment, no?
314 Clinton Street, #3 [Corcoran] GMAP P*Shark
One thing is for sure. There a sucker born everyday. This is a very nice apartment, if you like living in an apartment building with other owners. It’s on the top floor so it’s nice. The space is great and the deck is fabulous plus the location is good. I don’t know if they will get a million or more, perhaps. Does the apartment have views of Manhattan or the VB? I know a house that has 2000 square feet and is price just alittle more then what there asking for this apartment.
It did jump up quickly. That’s how we upgraded, took advantage of what our place was worth and bought a fixer upper…
1842,
Gives a sense of how fast the market moved. We waited too long to buy because we had 1/2 a brownstone with a reasonable rent. We were stunned when we heard that a floor through on our old block on Clinton sold for well over $1 mm.
Oh, wait, sorry, I’m getting my years and purchases wrong. I was thinking of around late 2003 into 2004.
Boerum Hill, I looked around a year or two before that (early to mid 2002) in the area before buying a brownstone in another neighborhood. Maybe I missed them, but I did not see any brownstones in Cobble Hill or Carroll Gardens for 1.1 million, or even 1.4 million, that were in decent shape, and if they were, they’d sell well above asking at that point.
1842,
Not apples to Oranges. In 2003 there were well finished houses in the vicinity for $1.1-$1.4. I went to an ungodly number of open houses in 2002-2003 before buying in the summer of 2003. Ended up buying in Boerum Hill because I ddin’t want to pay more than $1 mm. Rented a duplex for 10 years that cost about what the monthly maintenance on this place.
This is a great area but there is no way on earth this goes for over a million. Nice place though. The maint. is crazy.
In 2003, a 1.1-1.4MM house in that area would need a complete overhall, so apples to oranges really.
This is a gorgeous place in a great location with a unique layout (essentially 1.5 floors of a brownstone, kinda like a ranch-style brownstone). I’m guessing there will be buyers that are priced out of full brownstones, want more space than a normal-sized floor-through, and would prefer the layout of a large single floor to a duplex. Definitely commands over a million…I guessed 1.2.