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
Rob. You love saying that, don’t you? You trouble maker.
It’s true, there’s a whole range of parkay floors, and these are not my favorite, but they are parkay floors. For Christ’s sake.
Love this bldg. Assuming they’ll take high 700s and I think they’ll get that
Maintenance might be reasonable in the sense BH76 is describing — i.e., no choice with the higher taxes and the services. But monthly payments of mortgage plus maintenance is quite high for square footage. Price might need to give because of that.
Looks like a comfortable well laid-out apt. with beautiful exposures. What floor is it on though? Seems lower than the descriptions of the views imply.
almost a million dollars for project style floors. ? :-/
*rob*
Really nice layout. Good use of the sq ft it has. Would probably rent for $4,200-$4,500 given the location. This makes the price look ridiculous, mainly because of the common charges. At $650,000 it might work. At that price, fuggedaboutit.
Can’t speak to prices in BH, but love that kitchen window.
The carping on maintenance for coops like this is absurd. This apartment likely pays 3X more in real estate taxes than a $2MM brownstone (inequitable but true) and has all the services one needs. The maintenance here is reasonable for what you must pay (taxes) and get (services).
I realize it’s right off the Promenade, and that the market is stabilizing, but the average appraisal of $3.2 million still seems a tad high to me. Widget trouble perhaps?
wrong price on widget