Co-op of the Day: 130 St. Edwards Street
We’ve never posted anything about this cluster of co-ops at the corner of Myrtle and Ashland Place but this 1,100-square-foot three-bedroom at 130 St. Edwards Street seems like a good place to start. The main drawback seems to be the low ceilings. Other than that, it looks in good shape. It’s not bound for the…
We’ve never posted anything about this cluster of co-ops at the corner of Myrtle and Ashland Place but this 1,100-square-foot three-bedroom at 130 St. Edwards Street seems like a good place to start. The main drawback seems to be the low ceilings. Other than that, it looks in good shape. It’s not bound for the pages of Architectural Digest but that’s not the point. It’s a family-sized apartment with a low monthly maintenance of $785 with onsite parking available. The asking price is $539,000. What do you make of that?
130 St. Edwards Street [Aguayo & Huebener] GMAP P*Shark
NOP: What a cute story. Should I tell you about the knife fight my wife saw in front of these projects? Or the multiple homicide on Myrtle that happened in broad daylight while I lived nearby? That stretch of Myrtle is a complete shithole. At least it was in 2001/2002. I don’t plan on going back to check current status.
And as far as the housing expectations of Brooklyn’s younger professionals (like me), any older person who expects me to fund his retirement by selling me some mediocre apartment for $1.5 million that he bought for $15,000 back in the dark ages had damn well better expect me to be picky and point out any flaws. Sell me the place for $15,000 and I’ll be interested in the old war stories and won’t complain about the projects across the street.
Sheesh. Old people these days, with their damn rock and roll and hula hoops and whatnot.
Brownstoner:
On a walk through Brooklyn a year or two ago I passed these buildings. Actually, for their vintage, they’re trim and attractive and reminiscent of 50’s Scandinavian Modern. The tall thin towers. The tan brick. The “ribbon” windows.
My walk must have been around this time of year. It was a sunny weekend. I dipped around Fort Greene Park, traveling on the housing-project side where I was greeted warmly by a clutch of church ladies sitting on a bench. Nothing threatening here. I dapper old gent in a black suit tipped his hat. Kids played on nearby swings.
As for the apartment, it’s quite good for its type. Off-foyer layout. Hallway to the bedrooms. Enough space for three kids, split by gender if need be.
Back in the early 60s, our family’s doctor lived in these buildings with her husband and children. If a doctor isn’t middle class, I don’t know who is. The housing expectations among Brooklyn’s younger professionals still surprise me — and would shock my parents’ generation.
But if it’s true the co-op board’s discriminates by race and children (see above), then it needs to be called on it. That’s against the law.
Nostalgic on Park Avenue
> “So… for a 1/2 million you can’t get a better location than IN the projects?!”
Sure you can. Kensington, Ditmas Park, PLG, the list goes on.
So… for a 1/2 million you can’t get a better location than IN the projects?!
That’s a sad testimony.
Yes, the Dekalb station is pretty close. But you are god smack next to the Whitman PJs on Myrtle, and trust me, you dont want to live right there (esp. in the summer). Plain and simple.
Buy when hell freezes over. Right now, there’s no rush to buy anywhere – much less over here. Renting is great. retail shops (ie basic stuff; not those fancy pants shops) will show up in a yr. right now, there’s nothing there on that stretch of myrtle. The old shops were demo’s or closed. people need/want to shop over there and the demand will draw in the proprietors.
> “Just wait for retail shops to show up before buying.”
Not to mention hell freezing over.
when the budget is skinny (ie can’t day dream too long on living somewhere where one can’t afford), this place is not bad. It’s close to Dekalb station and the Jay station and close enough to the Nevins station (4, 5). Just wait for retail shops to show up before buying.
Undesirable location is a MAJOR understatement. It’s awesome if you want to pay 10 times more a month to get that “living in the projects” feel!! ‘Cuz that’s what you’d be doing.
Sign me up!