Co-op of the Day: 27 South Portland Avenue, #3
How much more is a parlor floor studio worth than a ground floor studio? That’s the question that leaped to mind when we contemplated this detail-rich listing at 27 South Portland Avenue, currrently listed for $325,000, on the heels of Monday’s co-op of the day at 32 South Oxford Street. In addition to the ceiling…
How much more is a parlor floor studio worth than a ground floor studio? That’s the question that leaped to mind when we contemplated this detail-rich listing at 27 South Portland Avenue, currrently listed for $325,000, on the heels of Monday’s co-op of the day at 32 South Oxford Street. In addition to the ceiling height and architectural details, today’s studio is also on the rear of the building overlooking the garden rather than the street. Is all of this worth the extra $100,000 or so?
27 South Portland Avenue, #3 [Corcoran] GMAP P*Shark
So when it’s a studio, it’s an expensive slum, and when it’s a 2.2 million dollar brownstone, it’s the parlor level and entryway into a multi-million dollar mansion.
Interesting.
11217, if you need to be in Manhattan to be close to work, you can find a bare-bones studio rental similar to this one for $1200 or $1300. You can also find a better place to buy in an area that is good without being fashionable. As for the liveability of studios, I could see buying one in a 20s or 30s apartment building — it will have more square footage, a nice bathroom, a separate and nicer kitchen, and tons more storage place. This is a very expensive slum.
> You seem to be more about space. I’m much more about the charm
Yes, I am more about space. I paint and also have a lot of books, so I “need” a certain amount of space to live my life as I wish. I am also more interested in light than you, so a post-war building with a large wall of windows delights me.
PS: Yikes, what a lovely description of the Griffin.
Granny crackden! lol
I don’t agree, but love your description.
Iz — Not to worry. I don’t consider myself different at all: I’m married, we’re thinking kids (unspoiled, please), and I work a somewhat grinding job. I completely understand people’s interest in owning, and I’d like to own, too. Just not a barebones studio on the same block I live on, for not that much less than I pay for an apartment that I love, with multiple amenities. And I’m perfectly aware that I’m financing my landlord’s lifestyle (every time he says he’s been in the Hamptons, I growl under my breath). But we also have substantial savings, and if I get laid off (and 5,000 lawyers have lost their jobs in this market), or if my husband gets a job in another city, we can leave.
more4less, I bought a couple of scratch tickets last night (along with an ice cream sandwich)… no luck. But you’re right. I need to go bigger. Mega Millions it is!
11217, if i had my own apartment i actually WOULD want a studio. seriously! i wouldnt need much more room either!! i just think this one is hideous (looks like a granny crackden. seriously) and way overpriced, that’s all.
*rob*
I suppose so, Snark.
I just didn’t love the Griffin enough to go for it (like I said, I looked at MANY apartments in that place). The apartments I saw were all larger than the one I bought, so clearly not everyone thinks bigger is better. The hallways in the Griffin smelled like cat piss and the lobby (although I heard it was about to be renovated) looked like a bomb shelter.
I’m just not into large buildings like that. I realized that during my search. I moved from Manhattan to Brooklyn to take advantage of the low-rise nature of Brownstone Brooklyn.
You seem to be more about space. I’m much more about the charm. And this one has a TON of charm.
Tybur6, don’t forget to buy lotto and I suggest the mega million one – think it’s over 100M pot