Co-op of the Day: 374 South 2nd Street, #38
This one-bedroom at 374 South 2nd Street in Williamsburg isn’t going to end up on the pages of Architectural Digest anytime soon but, at $227,000, might be a good starter apartment for some young whippersnapper. The 525-square-foot apartment has a little old-school charm in the form of the living room wall and the bathroom and…
This one-bedroom at 374 South 2nd Street in Williamsburg isn’t going to end up on the pages of Architectural Digest anytime soon but, at $227,000, might be a good starter apartment for some young whippersnapper. The 525-square-foot apartment has a little old-school charm in the form of the living room wall and the bathroom and kitchen look perfectly functional. Waddya think?
374 South 2nd Street, #38 [OLR] GMAP P*Shark
“grrrob.” Rob, you’re a comic genius. Maybe.
To me they look ridiculous cause ALL I can think of is how impractical they must be, which I’ve never confirmed, but Pete just has.
I guess as, say, a fountain or something, they’d look nice. I mean, the lines and shapes themselves are not unpleasant. But as a sink — no.
I’m with you Pigeon, I hate those salad bowl sinks.
quote:
The income restriction is kind of a bummer though – don’t know many people who make under 60K who have a 40k downpayment laying around.
once again the income restricted thing is ABSURD. yes there are tons of fresh college grads making 60k a year… of course they dont have 40K for a down payment, but rest assured, their parents do. :-/
*grrrob*
I don’t think they look ridiculous. They actually look nice when staged.
But they are ridiculous.
Splashes when run water , not practical, hard to keep clean, looks messy with all the things that end up next to sink, toothpaste,razor, dentures.
This is a really interesting nook of the neighborhood. Hasn’t really been touched as much by the “G” word as the southside west of the BQE – but is still close to stuff.
Comparable 1 bedrooms rent for about 1,500 a mo around here – and the carrying costs on this would be about 1,100 a mo (assuming 20% down) – and for someone making 60K – 400 a month in their pocket is alot.
The income restriction is kind of a bummer though – don’t know many people who make under 60K who have a 40k downpayment laying around.
Ha, Pigeon. No! I can’t tell you what our numbers are, but at least two. They make me uncomfortable to look at, like how can I not make a mess with that thing?
I also want to comment on the discriminatingly revealed exposed brick, but that doesn’t seem fair to pick on in this generally acceptable-looking if tiny apartment.
This is $432 a foot. I don’t know one side of Williamsburg from the other. Is this good?
This apartment is income restricted, which would be good to note because those kind of situations always command less than a comparable apartment in a non-income restricted building.
There was an article in yesterday’s The Real Deal about Williamsburg Real Estate saying that it’s had a large amount of condo sales recently, (not shocking since it has the most inventory) but that the average price in the neighborhood has dropped substantially (also not really a shock) and good for the neighborhood going forward, I think.
Not good for the thousands who bought in last couple years, however if they have to sell.
***
“The average sale price for closed sales in Williamsburg was $548 per square foot, the report says, a significant discount from the average asking price in the area of $757 per square foot.”
http://therealdeal.com/newyork/articles/williamsburg-trumps-other-nabes-in-condo-sales-according-to-november-report-from-the-marketing-directors
Am I the only one who thinks that bathroom sinks that are designed to look like a bowl sitting on a table are ridiculous?