Co-op of the Day: 96 Luquer Street
The broker’s right when he calls this two-bedroom co-op at 96 Luquer Street in Carroll Gardens a good starter apartment. If the building itself were a little more up-market the asking price of $549,000 might fly given that the apartment’s a solid 950 square feet; as it is, however, we think the price is going…
The broker’s right when he calls this two-bedroom co-op at 96 Luquer Street in Carroll Gardens a good starter apartment. If the building itself were a little more up-market the asking price of $549,000 might fly given that the apartment’s a solid 950 square feet; as it is, however, we think the price is going to have to start with “4” before it attracts any first-timers. Even though the kitchen is nothing fancy, the overall vibe of the apartment is nice in an understated, old-school kind of way.
96 Luquer Street [Corcoran] GMAP P*Shark
Yuck, I used to live across the street in a rental apartment.
I can honestly say that my breathing has improved since I moved away. and that unsightly tall building is being built next door, bringing a rodent problem to the block.
good luck getting this sold. it’s a bit of a walk from the f train at carroll st, and the walk from smith/9th is depressing and not too safe at night.
I agree this apartment is way overpriced for this market (it wasn’t that long ago that even the “average reader appraisal” price would have been a stretch for that block). But the fact that this is priced higher than much nicer apartments in Prospect Heights and Clinton Hill is likely because the school zone (PS 58) has become very very desirable. Not nearly enough to justify this price, however.
Filthy Luquer!
(Sorry, couldn’t resist…)
Clintonhillbuyer has it right. A buyer would _really_really_ want to be living in edges of Carroll Gardens to be excited about this place at this asking price.
To be fair to the seller, however, kvnbklyn’s assumptions are probably not inclduing the tax deductibility from the mortgages here. It would only need to come down a little in price for the monthly nut to equal out to his or her’s rental in Boerum Hill.
Strangely, Corcoran itself has a nice looking 2BR in Boerum Hill for the same price in a nice building (from the tiems I have visited). Admittedly the maintennce is about double.
There also seems to be an assortment of 2 brs in PH and Clinton HIll under this price. (Inc a nice looking place in that
And there is even a tiny 2 BR on President Street in Park Slope in PS 321 listed for $475 — but I think I ‘d go crazy trying to raise a kid in such a small space.
That’s a perfect apt for an insomniac Gulf War veteran provided he got a good pension for the loss of his sight post combat!
People, how about some compassion for the hardworking folks from Corcoran?!?! They have to pay a mortgage too!
Besides, I lived a block away from that place and I can assure you that the constant background polyphonic engine humming from the BQE did wonders for my insomnia, and I will not even go into what beautiful musical vibrations 18-wheelers used to produce in all glass and other objects in our house!
If I was Corcoran I would employ the following strategy: advertise heavily in Gulf countries with lots of pollution form nearby oil installations. Title of the advertisement: “It’s America, but you will feel like home!” However, to attract these buyers would at least double the price…
SDC….you’re expecting Corcorran to let things like facts get in the way?
Nice layout, but how about that kitchen right outside the bedroom!!
But 1/2 a million cool ones to live near the freeway.
Man, we have all lost our senses.
Dear Corcoran,
I know that you want prospective buyers to think that this property is actually located between Clinton and Henry, but unfortunately, barring any major, imminent, previously unforeseen road construction, it’s actually between Clinton and Hamilton. Sorry about that.