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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



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  1. It’s hard to say if the maintenance is high without knowing the breakdown. Taxes are included, and any underlying mortgage on the coop is also tax-deductible. And somebody essentially gets a small house without most of the cost and hassles of house maintenance. Could be great for the right person.

  2. I don’t think this apt is an example of ridiculous Brooklyn pricing. Per square foot this is starting to match other cities price points. I have a friend who just bought in the Valley in LA (Burbank) who paid more than this for a house with fewer square feet. So at a certain point you have to give in to the notion that you are not going to find a nice place in a good neighborhood for much less than the per square foot price here. Just saying…

  3. 11217, I have a child and would like another. Speaking for myself, I dont find that to be a plus. not like there’s dedicated doorman there to open & close door just for the unit (ie no added security). even if it’s a place, the ground flr is a negative that’s big enough to offset the place. some will like the ground flr & separate entrance but I think general mkt would prefer the higher flr (especially in an elevator bldg) and the 100k or more cheaper price

  4. M4L: I know it might seem minor, but I’d think there would be a rather moderate premium for the separate entrance. That’s a big deal for a family moving into a co-op to have the benefits of house-life…don’t ya think…?

  5. Tybur6, 11217’s maintenance experience is not that big of the exception. It has more to do with small well-runned coops. for bigger coops, we’ve been seeming some big increases the last few yrs. in my 7 yrs at my place, maintenance went up ~50%

  6. it’s absurd, all of nyc is to buy. it’s not even feasable for couples with decent jobs to be able to purchase, let alone poor singles, its like things are priced for people who are polyamourous threesome and foursome type relationships where at least 3 have to be doctors or lawyers just to live in even the grodiest sections of brooklyn. sad times indeed. tyburg, i think we need to force a revolution.

    *rob*

  7. corcoran sold same or super similar layout on the 6th flr of this bldg (maybe 5 months ago or so) for $460k or so. very good condition too. don’t know if that was a regular or distressed price. compared to that, this looks super expensive.

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