Co-op of the Day: 242 Baltic Street, #17
This one-bedroom co-op at 242 Baltic Street in Cobble Hill has a very nice feel to it. Open, a little modern but still characterful. Maybe the photography is making the place look better than it is, but it feels spacious and light in a way that railroad-style layouts often don’t. The kitchen is also tastefully…
This one-bedroom co-op at 242 Baltic Street in Cobble Hill has a very nice feel to it. Open, a little modern but still characterful. Maybe the photography is making the place look better than it is, but it feels spacious and light in a way that railroad-style layouts often don’t. The kitchen is also tastefully done. The asking price is $549,000 (down from $585,000 last summer) and the maintenance is a quite manageable $500.
42 Baltic Street, #17 [Brown Harris Stevens] GMAP P*Shark
Anyone that would spend that amount of money for a RR is out of thier minds. Where is the counter space to prepare food?
Lay out is crappy. These tenements should just be left as rentals because they are truly not worth anything, especially for a walk up….
“according to google streetview this block is downright celestial: http://bit.ly/2w8oUg”
Is that God?
They’ve made the most of a railroad flat, but having lived in one as a rent stabilized tenant, it’s crappy layout for long term living. No way is this a 550k apt, even if this was the top of the market. I’m usually willing to give sellers the benefit of the doubt, but here I’m on Team Delusional.
according to google streetview this block is downright celestial: http://bit.ly/2w8oUg
…
(p.s. not the first to make this joke, i know)
Pete’s right.
Doesn’t matter which block of Baltic. Only the finest people live on Baltic. Been like that for at least 25 years.
Characterful? Is that a word? In addition to verbal confusion I believe you are suffering from some other type as well. This apartment is ridiculously overpriced, and given your opinions on other kitchens it is hard to believe you truly like this one. I think you must be doing someone a favor…
Oh my god. My friend lived in this building, on a diffrent floor. She bought her place about 1995 or 1996 for about $45,000. She sold it in early 2000s for something like $300K. Very long and narrow. Cute block and good location. Brings back memories.
kvnbkly – agree
there is no point in buying an apt or building with a monthly expense higher than rent. Be careful to include closing costs (buying and selling), utilities, monthly maintenance etc. I would argue that the monthly expenses should be LOWER than rent as one risks the down payment and equity in a falling market.