Co-op of the Day: 150 Joralemon Street, #5F
150 Joralemon, the 89-unit co-op in Brooklyn Heights, is quite a prewar looker from the outside, which makes the 80s-modern vibe of this fifth-floor apartment a bit of a surprise to see. There’s no floorplan provided so it’s a little hard to figure out where the raised bedroom and kitchen come into play. Regardless, it’s…
150 Joralemon, the 89-unit co-op in Brooklyn Heights, is quite a prewar looker from the outside, which makes the 80s-modern vibe of this fifth-floor apartment a bit of a surprise to see. There’s no floorplan provided so it’s a little hard to figure out where the raised bedroom and kitchen come into play. Regardless, it’s a clean space with nice views; the only downer is the maintenance of $1,028. The asking price is $369,000, down from an initial $389,000 when it hit the market last month. Reactions?
150 Joralemon Street, #5F [Douglas Elliman] GMAP P*Shark
111 Hicks has some kind of major mortgage issue — I think it was locked into a mortgage which didn’t allow for a refi – I am not sure, but that place is a bad deal too. I don’t know how long this place has been cooped but that monster maintenance is due to a monster mortgage. So for the priviledge of paying 2800 dollars a month, you get to own a big bucket of debt — probably badly priced debt too — somewhere along the line, that building was mortaged at what is over 100% of the buildings value. Bad news.
I agree stay away from 111 Hicks St. (High Maint. and a DUMP and 150 Joralemon (High Maint. with no doorman or anything!)
I agree stay away from 111 Hicks St. (High Maint. and a DUMP and 150 Joralemon (High Maint. with no doorman or anything!)
This is not a 1BR!
This is a STUDIPO with a sleeping loft!
Why would anyone pay such a high maintenance in a non-doorman or amenity filled building?
Ghastly!
Why is the maintenance so so HIGH?
The selling price should be more like $299 with that unbelievably high maint.
It is tiny and overpriced but the bedroom does have a window. The floor plan doesn’t show it but the listing mentions two exposures and if you look carefully at the picture of the bedroom you can see sunlight coming through a window. Stupid of the broker not to show a picture with the bedroom window.
You gotta be kidding. This is horrible. Who are these architects that make out these floor plans.
The kitchen, that is what it is?? is awful.
I wouldnt give 2 cents to live there.
yuck, yuck, yuck. !!
111 Hicks is a terrible building, both the insider and the casual observer know that.
Ummmm, Mr. B, there’s a floorplan right on the Elliman website. It’s a nice looking building from the outside, but I’ve never seen an apartment that I like on the inside. I guess they’re all these loft apartments because that’s all I’ve seen. Don’t like lofts. I’ve heard the same thing 11217 said about this building (and especially about 111 Hicks – my broker won’t let me anywhere near it; also hear the co-op board is a nightmare). Still, at a lower price, this could be a great apartment for someone into the whole 80s look / loft thing, at least vis-a-vis location.
The building was converted from office space, hence the weird layouts. We’d looked at a couple of the 2-bedrooms going for around $500K … and now under, probably … but ran smack into the ridiculous maintenance fees (that don’t really get you much).
The bedroom portion of this one probably isn’t quite as small as the photo indicates, but a previous commenter was right about them lifting it two or so feet to create below floor storage.