Co-op of the Day: 25 South Oxford Street, #5
This top-floor garrett at 25 South Oxford Street in Fort Greene hit the market last month asking $599,000 but was just reduced to $550,000. The 900-square-foot two-bedroom has some cute elements, namely the skylights and windows, but doesn’t appear to have much in the way of original details. The maintenance of $750 is neither here…
This top-floor garrett at 25 South Oxford Street in Fort Greene hit the market last month asking $599,000 but was just reduced to $550,000. The 900-square-foot two-bedroom has some cute elements, namely the skylights and windows, but doesn’t appear to have much in the way of original details. The maintenance of $750 is neither here nor there. We bet this goes in the low $500,000s.
25 South Oxford Street, #5 [Corcoran] GMAP P*Shark
So, the target for this place… it seems to be a single person or a cozy couple that makes $100,000+ per year and has a full-year’s gross salary in a shoe box.
Yeah, that’s typical.
The worst part of this whole thing. Some douche bag is going to buy this place for $500,000.
There is so much overpricing in the fgreene/chill areas of brooklyn – it doesn’t even make sense to look there anymore.
I saw an ad that that justified its pricing because the place was “right down the street from the Habana Outpost”
That is not exactly where I’d want to be locating myself these days – not for $500,000 or more.
quote:
“This could be a great apt. for a single mom and a child or two”
oh yes. there’s SO many single mom’s out there with 2 kids with a spare 100K laying around to put down on a deposit.
:-/
*rob*
Went to the open house last weekend. Discovered that heat and hot water were NOT included in the $750 maintenance – they’re extra.
I agree with BH76 re maintenance and layout. This really is essentially a large one bedroom walk-up. Seems a bit hefty of price and maintenance, but is charming, bright and on a phenomenal block.
This could be a great apt. for a single mom and a child or two. Or a couple who needs a guest room/office.
I would say the deal is done at 475k.
This is an example of the usual absurdity this city has to offer. It’s a nice enough place in a nice location…
But is it worth ponying up $100,000 plus $2300 per month for the mortgage, plus $750 per month for maintenance?
I would say, that’s effing ridiculous for a walk-up, 1-1/2 bedroom apartment.
I love the place but it seems way overpriced, especially since its a walk up. But it is beautiful.
first of all who cares about brick dust. 750 a month to have the right to own a walk up? This does not seem to make sense to me, pass
exposed brick = dust? i lived w/exposed brick before and never noticed an increase. Dust = dried skin flakes.