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
tyburg: One needs to be financially secure to move into this building, that is all I said. You are the one using words like riffraff, which I find distasteful.
Also this is not a studio, it is a lovely 2-bedroom, 2-bath apartment in one of the most magnificent Art Deco buildings in Brooklyn. What part of that implies lack of value to you? If this doesn’t sell for at least $800,000, we’re all in trouble in the boro.
Minard… you’re subscription to the “Location, Location, Location” mantra is a bit over the top.
Basically, you’re message is “Brooklyn Heights is priced to keep out the riffraff. Even if it’s a 250 sq ft studio priced at $1.7 million with $2000/mo maint, I’m going to say the price tag and maintenance are in-line because that’s what the location demands!! The actual property is basically meaningless in the calculation.”
Margarine floors are awful especially in the summer if you have cats.
“PS, not to be too pedantic, but parkay is margarine, parquet is a type of wooden flooring.”
Oh, but I meant the margarine floors.
I agree with Sam
I also agree with BH76 – the maintenance is all about the taxes. If you want to own an apartment in Brooklyn Heights, you have to get past the attitude of “I would never pay that kind of maintenance for an apartment this size.”
I don’t know why, but I’ve never cared for this building. I think it has something to do with the fact that the air conditioners in the windows really seem to detract more from a building like this than others because the windows are really the star attraction.
I always think how frumpy and kinda run down this building looks because of it. It’s a shame because the inside of this apartment looks really nice and the windows look much nicer to me from the inside than they do from the outside.
No clue about the price, but I would never pay that kind of maintenance for an apartment this size.
Just for the record, this is a dreamy art-deco building with gorgeous half-round bay windows similar to the ones at the Rockefeller Apartments across from the MOMA garden in Midtown. I can’t understand how anyone in their right mind could be reminded of the projects by this.
PS, not to be too pedantic, but parkay is margarine, parquet is a type of wooden flooring.
MLF
sorry but parquet floors always reminds me of the projects.
*rob*
The asking price and maintenance seems in line to me.
Hey, if you can’t afford to live in the Heights, there are more affordable options. This co-op board is tough too. If you want to live here you better be able to show you can afford it and that you are in excellent financial health.