Co-op of the Day: 30 Ocean Parkway, #1F
Here’s a neat one. This three bedroom pad in the art deco building at 30 Ocean Parkway is actually like its own little house. The 1,700-square-foot apartment has its own entrance. Given what good shape the prewar apartment is in and its proximity to Prospect Park, we’d say this is looking like a pretty attractive…
Here’s a neat one. This three bedroom pad in the art deco building at 30 Ocean Parkway is actually like its own little house. The 1,700-square-foot apartment has its own entrance. Given what good shape the prewar apartment is in and its proximity to Prospect Park, we’d say this is looking like a pretty attractive buy at the asking price of $549,000. Do you agree?
30 Ocean Parkway, #1F [brooklyn real/NYT] GMAP P*Shark
delepp, super well paid union maintenance staff is biggest killer for my coop
kens, what % of yout maintenance goes to taxes?
DeLepp, we hire a law firm every year who goes to court and fights the assessment. The good thing is that they don’t charge anything if they don’t win and if they do, its a percentage. They do this for a lot of buildings in NYC (pretty much all they do). They told us that this year will be almost impossible to win the appeal and adjustment cause Bloomy needs money for the city. So we’re fucked basically and had to increase maintenance by 7 percent this year to make up for this.
rob, that is for 1-3 families. condos/coops whole other story, especially after the abatements are gone.
rob, that is for 1-3 families. condos/coops whole other story, especially after the abatements are gone.
here’s that corco listing I was referencing:
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1526803
it sold pretty quickly so good chance it sold close or at asking price of 475k. btw, this one lists sq ft at 1500 vs. the 1700 per this COTD.
oh stop. nyc has some of the lowest property taxes in the country. homeowners complaining about their taxes get no sympathy from me.
*rob*
kens, I thought it was a typo when I first saw it and then realized next year will be even higher becasue teh rise gets phased in over a 5 year period. Our maintenance increase is all about taxes. Put together all this paperwork to make the appeal and they re-adjusted down 20%.
Still going to be our biggest expense by 100%.
DeLepp, same for my building. NYC slapped us with 33% tax increase this year over last. Freaking robbing us blind I tell ya!!!!