Co-op of the Day: 170 Prospect Park West, #4L
We’re loving this three-bedroom prewar co-op at 170 Prospect West in Park Slope. Beautiful old details, lots of windows and natural light and, except for the fact that there’s only one bathroom, a nice layout; the rounded corner and the giant pier mirror in the living room are nice bonuses as well. According to our…
We’re loving this three-bedroom prewar co-op at 170 Prospect West in Park Slope. Beautiful old details, lots of windows and natural light and, except for the fact that there’s only one bathroom, a nice layout; the rounded corner and the giant pier mirror in the living room are nice bonuses as well. According to our back-of-the-envelope calculations the apartment is well over 1,000 square feet, making its monthly maintenance of $888 quite reasonable. The asking price of $849,000 feels about right too. Agree?
170 Prospect Park West, #4L [Brown Harris Stevens] GMAP P*Shark
40-50k per year + room and board. Break that down on an hourly basis. It isn’t great.
I’m not really sure what it would cost. It might be more.
I would not want to pay anyone less than $40k for that job. I mean, that would be someone living in your home, taking care of a lot of important day-to-day stuff for the family. You’d want that person to be at least reasonably comfortable and happy.
Otherwise you’d have to deal with a lot of turnover as your best case scenario. Worst case scenario involves police and insurance agents.
These buildings should at least have winches up on the roof to help tenants move in and out and to help with renovations. Ancient houses in Amsterdam have them.
I guess every new purchase, from refrigerators to mattresses have to take into account the turning radius and clearance of the public stairwell. It is a nice unit though.
maids make 65K a year plus free housing? wtf are you serious? 11217 give me that long blonde wig i think i found myself a new career!
*rob*
It needs a kitchen and bathroom overhaul. Also floors need work. And the addition of an elevator.
“Great potential but needs tons of work.”
What work does it need?
About the maid — yes, I agree, you need pretty big money for a real live-in maid. Upper-middle people who can consider this apt. would have a service come in once a week, or whatever.
Trust me, even if you can afford to buy a house for over $1million, that does NOT mean you can afford a maid! Nor private school!
rob — I would love to have a maid. Just can’t afford one.
I doubt people buying <$1M homes really can either.
What’s a good live in maid cost? $40/$50k per year in salary + another $10k or so living expenses + some insurance in case they steal all your stuff. Figure ~$65k per year, that’s another $5500 per month.
Pretty pricey if you ask me. I don’t think people live without maids because they are posers. I think they live without maids because they are not rich enough.
I saw this place. Great potential but needs tons of work. Also, while I loved the layout, it’s pretty modest in size (though I’m very into smaller, more efficient spaces). While price seems attractive on surface, I know of a significantly bigger coop, fully renovated, in Center Slope that recently went into contract for very low 900s. So, I’d say this place is still much too expensive given renovation costs to bring it up to snuff. One big pity is that it has one of those wonderful old stairwells that leads directly to roof (so no crazy ladder) and yet roof rights are apparently off limits. Really too bad – that would add some serious value and make the 4th floor walk-up more attractive.
“it means that people try so hard these days to cover up their bougeouisness (sp?). oh a maid? no me never! puh-lease.”
Ah, yes.