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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



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  1. Lived up one block from 1994 till 2003. When I was looking to buy a house in 2003, you could by a full house nearby for $1.1-$1.4. So, not that into a $1.0-$1.3 mm for a 2-bedroom floor through with $1,400 maintenance.

    Is it just me, or does it seem as if posters on this blog consistently prefer apartments to full brownstones?

  2. 11217 –

    I will agree the maintenance is not high on a per square foot basis. What I meant was that as a monthly fee that you’re going to have to pay in perpetuity (with potential increases), it’s kind of a pain in the ass. I tend to look at maint costs as “how much does it alter my overall payment” rather than “what’s the price per square foot?” since the former is of more significance to me than the latter.

    1700 square feet is huge, and the maintenance is certainly not out of line with other things we’ve just seen, but it’s still a tough number to contemplate adding to what would already be a pretty high mortgage.

  3. I did th math on the stated space for the seven identified rooms (den, LR, DR, Kitchen, and the 3 BR’s) and got about 1520 sq.ft., which means when you include the bathrooms and the hallways this might actually top out at 1700 sq. ft.

    As for the maintenance, unfortunately the purchase calculator does not identify how much of the maintenance is deductible, so i9t’s kind of hard to tell how reasonable the amount is, but it doesn’t sound outrageous for an apartment this size.

    I’m predicting a relatively fast sale for 1.15M.

  4. Floorplan shows all three bedrooms with closets. One bedroom is small. Plus there’s a separate den to use as an office. I think this place is really nice, with a good location. Plus a well tended roof deck can be great for a gardener. You could even have kids here. $1.1MM.

  5. “$1,350,000 for a single floor of a townhouse seems a little aggressive in this environment, no?”

    Just a little. Not your average townhouse though. A true 2.5 BR. Only one closeted one and the adjacent two of the three halves should be combined and closet inserted. Spacious but you know where I stand on price.

    ***Bid half off peak comps***

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