Co-op of the Day: 100 Remsen Street, #8K
This one-bedroom at 100 Remsen Street in Brooklyn Heights has just changed broker directions. After buying the 750-square-foot apartment in May of 2007 for $430,000, the current owner put the place on the market in April for $525,000 for a month before yanking the listing; two weeks later, it popped back up with Corcoran asking…

This one-bedroom at 100 Remsen Street in Brooklyn Heights has just changed broker directions. After buying the 750-square-foot apartment in May of 2007 for $430,000, the current owner put the place on the market in April for $525,000 for a month before yanking the listing; two weeks later, it popped back up with Corcoran asking $499,000. This place isn’t for someone whose obsessed with things like plaster crown moldings and six-panel doors, but it’s a fairly-sized unit in good shape with nice windows. What do you think this ends up going for?
100 Remsen Street, #8K [Corcoran] GMAP P*Shark
Including mortgage-tax deductions in monthly-cost figurings is a bad idea. You don’t pay your mortgage tax monthly. Deductions should be considered a bonus, not factored into what you can afford by the month.
Nice. And price seems not crazy .. . except that maintenance.
While the apartment is ok, this building and the one next to it are two of the least charming buildings in the neighbourhood. It’s a shame they were ever built. I wouldn’t want to come home to it every day.
tyburg6–are you including the mortgage tax deduction in your $325,000 figure?
Odd that the pictures don’t actually show the stunning views. Only thing I see is what appears to be a cistern across the way. Woo hoo.
I’m getting tired of saying it, but I think it’s way overpriced. But that’s assuming the price should reflect what a willing buyer would give a willing seller. Realistically, this is just going to sit on the market for a while and then disappear, right? Where’s the fun in that?
You can rent a nice 750 sq ft one bedroom in my old building in manhattan (54 & Lex) for $2,000-2,500.
Or a 35% discount off $499,000
CG_ups — that puts the price at about $325,000 (including a 20% downpayment and the maintenance)
Really nice sized One-Bedroom apt.
Maintenance is Sky High but maybe it’s to cover the:
“Enjoy the stunning views of Manhattan Skyline and East River from its’ Western exposure.”