Co-op of the Day: 214 Carlton Avenue, #5
We’re liking the location (just a block from Fort Greene Park) and basic Brownstone-y vibe of this co-op at 214 Carlton Avenue. The 1,100-square-foot floor-through apartment’s gonna need some work though and we’re not so sure that the fact that the co-op board is “informal” is a good thing: Might make it easier to get…
We’re liking the location (just a block from Fort Greene Park) and basic Brownstone-y vibe of this co-op at 214 Carlton Avenue. The 1,100-square-foot floor-through apartment’s gonna need some work though and we’re not so sure that the fact that the co-op board is “informal” is a good thing: Might make it easier to get in but it’s not necessarily a recipe for a well-run or financially stable. The listing, which mentions a second studio apartment, is also confusing—it’s not clear if the $509,000 asking price is for both apartments combined or just the floor-through. Sometimes these random situations are good opportunities; other times they are trouble.
214 Carlton Avenue, #5 [Mims/StreetEasy] GMAP P*Shark
DOB website says this is an eight unit building and says nothing about condo or coop. I never looked into buying a coop but if that legal change had been made I would assume it would show up on the DOB site…no???
Maybe that Coo is required because, even though legally a coop, the owners don’t live there and rent out all the units.
lechacal – loved that story. thanks for the memories…
We agree on one thing, BHO.
Fire escape on the facade. It’s a wrap.
***Bid half off peak comps***
WOW Maly. Can a lawyer comment? This sounds like fraud.
The icing on the cake is that Property Shark lists the CoO as a rooming house. Talk about informal coop. I hope they don’t manage to con someone out of $200,000.
DIBS, the parlor floor was my place. I remember those bars well.
When I moved in I was almost completely broke because I had just graduated from law school and had spent almost all of the money that was supposed to get me through the summer. But there were these enormous windows and nothing to cover them, so I went down to the super low end stores on Fulton Street with my then girlfriend (now wife) and got a whole bunch of curtains. Set me back almost 300 bucks, which basically maxed out my card. I ended up borrowing some money from my girlfriend to get me through a few days before work started. But then the first day of work was September 10, 2001. We were supposed to get these salary advances on the second day of work, but as you can imagine that never happened. So there I was, in this new city, after 9/11, broke, and glued to the TV set at the Alibi because I didn’t have a TV. Good times.
Lechacal,
it’s same old same old. half or more units are rented out so buyer would need to be ready & willing to drop 50% down payment