Co-op of the Day: 57 Montague Street, #4A
The views alone make this two-bedroom co-op at 57 Montague Street in Brooklyn Heights worth looking at. We like the large living room, too, and the common roof deck. But the monthly maintenance of $1,573? Not so much. That makes the asking price of $849,000 a little tougher to swallow. 57 Montague Street, #4A [Corcoran]…
The views alone make this two-bedroom co-op at 57 Montague Street in Brooklyn Heights worth looking at. We like the large living room, too, and the common roof deck. But the monthly maintenance of $1,573? Not so much. That makes the asking price of $849,000 a little tougher to swallow.
57 Montague Street, #4A [Corcoran] GMAP P*Shark
This is a very good price for a nice sized apartment in a great location – comparable apartments in BH have been selling closer to $900K recently. I’ll be shocked if they don’t get their asking price.
I may be more antagonistic (mostly in good fun) but I would NEVER say that if a run of the mill art deco 1000 sf 1 bedroom apartment in BROOKLYN doesn’t get almost a million dollars with 1500 a month maintenance, we are all in trouble as a borough.
That is absurd.
When you look at rent to own ratios (which you should be) this apartment is about 200K overpriced.
LOL, he got ya there, blair.
*rob*
The very last thing in the world that I am is a real estate broker. Heaven forefend! I am a brooklyn Heights booster, I think it is a great neighborhood. 11217 is a Park Slope booster, he must feel the same way about his nabe that I do about mine. I’m less antagonistic than he is tho.
when jumbo financing is out the window, I don’t see it so unreasonable to think there are still lots of folks who can and will spend $500K cash to buy this apartment but not so many people able or willing to pony up $1-$2 million cash for a house, no matter how nice.
tybur6: Brooklyn Heights is TAXED to keep out the rif raf! Not much we can do about it…unless the rest of you want to lobby to pick up more up more of the burden.
You could be right, Chaocguy. And one that specializes in Brooklyn Heights at that, I would guess due to the extreme nature of the BH boosting.
I love the fact that he/she thinks that there’s people left with the money to spend NO LESS than 800K on a 1000 sf 2 bedroom with obscene maintenance, but there are no people left to buy a huge, perfect mansion 10 times this nice for 3 million.
minard lafever = broker
“If this doesn’t sell for at least $800,000, we’re all in trouble in the boro.”
I have no idea what this statement means, but I find it absurd.