Co-op of the Day: 135 Ocean Parkway
While not eye-popping, this L-shaped studio (which is really more like a one-bedroom) at 135 Ocean Parkway in Kensington has a nice layout and good natural light that make it seem like a good option for a single person or couple. At 660 square feet, the asking price of $239,000 comes out to about $360…
While not eye-popping, this L-shaped studio (which is really more like a one-bedroom) at 135 Ocean Parkway in Kensington has a nice layout and good natural light that make it seem like a good option for a single person or couple. At 660 square feet, the asking price of $239,000 comes out to about $360 per foot. How does that stack up against recent comps?
135 Ocean Parkway 2-3BR [Susan Breen] GMAP P*Shark
Agreed on all points Kensingtonka, still doesn’t justify the price. That was my point. Like I said, 180K at most.
“only orphans and introverts buy studio…..who wants to live in in 1 room for 30 years until mortgage is paid off?”
In rural America, true.
In New York, where you can only come home to sleep face down, not true.
Or you might prefer this actual one bef=droom listed for only $13k more:
– http://www.kensingtoninfo.com/homepage.htm?in_listing=5527958&ref=Trulia
Here’s another studio in the same building, recently chopped to $199k:
– http://www.corleyre.com/address.php?property_ID=251
only orphans and introverts buy studio…..who wants to live in in 1 room for 30 years until mortgage is paid off?
Kens, the comparison is apples to oranges.
Yes, the apartment that’s in contract is larger with a lower maintenance. But it’s a total wreck inside,needs new bathroom, kitchen and everything; the building is not as fancy and, most important, because of where that particular apartment is located, I don’t think they will ever open the windows. People may not care about renovations or a doormen, but very few can overlook that other issue.
How long does it take to walk from the kitchen to the bathroom?
Finally can comment on this.
Building right across the street is in contract on a junior one bedroom (meaning living room with kitchen and separate bedroom) for 150K. Maintenance around 300-350. This apt. is overpriced for the neighborhood. I say if they are lucky, 180K.
Like the apartment & the location. Huge for a studio as you point out, and good light. Don’t know enough about comps to comment on price.