Co-op of the Day: 279 Sterling Place Studio
If we were a bachelor, this is one pad we’d have to consider. While only a studio, the gigantic windows and ceilings in this 3rd floor apartment at 279 Sterling Place in Prospect Heights make for an incredible space; the ivied exterior of the former public school building doesn’t hurt the listing’s charm factor either….

If we were a bachelor, this is one pad we’d have to consider. While only a studio, the gigantic windows and ceilings in this 3rd floor apartment at 279 Sterling Place in Prospect Heights make for an incredible space; the ivied exterior of the former public school building doesn’t hurt the listing’s charm factor either. The sleeping loft set-up won’t tickle everyone’s fancy though. The maintenance is a pleasing $389 per month. The asking price is $389,000, slightly more than $600 a foot. Reasonable?
279 Sterling Place [Corcoran] GMAP P*Shark
bkhabitant, I think they are always closed on Mondays. Rumors of their closing seem to circulate every once in a while (apparently, there was a CL post from around last summer that purported to sell the restaurant, or the space at least), but they were still going strong at least a week or two ago. Definitely one of the gems of the neighborhood, if not the whole borough.
I hate sleeping lofts. I DO like the three giant windows; can you actually imagine going up that ladder. No thanks. Why can’t people just keep the rooms intact and get a pull out couch? Jeez.
Not sure what rate you are using, tyburg, but rates for 30 year fixed are about 5.5 right now.
Not the 6.5 that Corcoran’s Mortgage calculator puts in automatically.
Or $2350 at ask with 20% down…
Nope.
It’s $2000 a month.
“$2000 a month”
Only idiots fall for this math. Subtract ask from half off peak comps and divide by quantity of months between purchase and resale. More like $3000 – $4000 a month to live in what, a studio in Prospect Heights? Ha ha ha ha ha…
Like always in down markets, studio prices are gonna get annhilated!
***Bid half off peak comps***
12.5 ft wide. People seriously entyertaining 900+K in Fort Green.
i don;t know whether to sh*t or go blind.
A college friend of mine’s parents bought in that building in the early nineties. They have (or had) a droolworthy 2-bedroom. The ceilings are enormous.
> “If the loft thing doesn’t work for you”
Maybe if I were younger. Maybe if I were renting.
A this stage in my life, usable space has become more important than proximity to a few bars and restaurants.
But that’s me. Obviously people will pay a lot of money to live close to these things.