Co-op of the Day: 135 Amity Street
This 2-bedroom brownstone co-op strikes us a pretty competitively priced at $619,000 given the Cobble Hill location. There are plenty of floor-through places “further out” with asking prices on the $600’s. The exposed brick look may not be for everyone, but the place looks to be in good shape, with high ceilings and three exposures…
This 2-bedroom brownstone co-op strikes us a pretty competitively priced at $619,000 given the Cobble Hill location. There are plenty of floor-through places “further out” with asking prices on the $600’s. The exposed brick look may not be for everyone, but the place looks to be in good shape, with high ceilings and three exposures to boot. Another bonus: The co-op board only requires 10% down. Think this will move quickly?
135 Amity Street, #2B [NY Times] GMAP
Listing #5303080 [Brooklyn Heights RE]
I think it looks liek a good deal.. I live in BH and you don’t see much in this price range– maintenance less that $600 is unheard of, $1000 is only slightly high
$500 of maintenance is roughly equivalent to $100k onto the price… so, another way to look at this is that the place is selling for $719k and the maintenance is $500…
I went to the initial opening house for this. No, it’s not a floor-through apartment, but takes up the back half of the buildnig. Strangely, even though it’s not a corner unit, it feels like one because it has side windows (it extends beyond the building next door).
Overall, I think this place is nice, but I can’t agree that the kitchen is “not terrible” – it is. It’s extremely small, almost unusable to someone who cooks a lot. We were very much turned off by this, thinking that we would have to put in some $$$ to take a wall down and open up the kitchen into the living space.
I actually liked the layout, as the combining of the two units created a “master suite.” Not something you see everyday in an old building.
And to answer the question above, the maintenance includes: RE Taxes, the underlying mortgage (since the maintenance is 60% deductible, these two items are a big chunk), heat and hot water, reserves, general upkeep of the common spaces, etc. It’s definitely high for this size place, even in this neighborhood.
what exactly is included in maintenance? utilities?
I actually feel a bit chaffed and suburban.
“with today’s comments I am starting to think you are taking kickbacks from the brokers.”
you’re an idiot
Limes: you obviously don’t own a brownstone. There has been much discussion on this site of how exposed brick ruins the aesthetics of true Victorian era brownstones. This has nothing to do with “raw and urban.” Do any of us here consider ourselves “raw and urban?”
I have seen this. It is an odd layout–I think a 1BR and a studio were combined–so there are 2 bedrooms, but the kitchen is kind of small. It’s not terrible, though. I have seen a lot of stuff in this neighborhood, and this seemed competitively priced to me.
The maintenance isnt really out of line for a BH /CH coop and is likely one reason the price is low(-ish). you probably know this but they’re not going to adjust the maintenance because the market’s soft, you’d just reflect it in the price.