Co-op of the Day: 55 Pineapple Street, #3D
This co-op at 55 Pineapple Street in Brooklyn Heights just hit the market asking $499,000. It seems like a nice, solid one-bedroom: Good-sized living room and bedroom, attractive if not spectacular prewar vibe; there’s an elevator but no doorman. The monthly maintenance is $973, maybe a tad high but not crazy. What do you think…
This co-op at 55 Pineapple Street in Brooklyn Heights just hit the market asking $499,000. It seems like a nice, solid one-bedroom: Good-sized living room and bedroom, attractive if not spectacular prewar vibe; there’s an elevator but no doorman. The monthly maintenance is $973, maybe a tad high but not crazy. What do you think it’ll end up selling for?
55 Pineapple Street, #3D [Brown Harris Stevens] GMAP P*Shark
I’m well aware of the higher taxes for Brooklyn Heights co-ops, Northheights, but even still this one is on the high side.
$750 would be more the norm.
It’s just shocking to me that people pay these maintenance costs. It would be one thing if you actually got services for it (which personally I find a waste of money) but to not even have a doorman for 1000 a month for a 1 bedroom is highway robbery.
I’ll stick with my $250 maintenance and collect my own mail, thanks. For that extra $750 a month, I could hire someone to stand out my door and hold the mail till I get home.
MM, DIBS is right. They’re doing a good job getting the message out that bonuses will be paid in stock, but that’s really for the top people. Some mix of stock and cash, but PLENTY of cash, for most. Cash for the youngins
I wonder why the maintenance is so high for this place… it doesn’t even have a doorman.
Mr. B, to save BH76 and Ringo the trouble, will you include the sentence “the relatively high maintenance is largely a factor of the co-op tax rate in the neighborhood” to every single description of a Brooklyn Heights co-op? You’ll also save 11217 and others from having to wonder out loud why people in Brooklyn Heights aren’t getting any services for their maintenance. Of course, I understand if you don’t want to cut down the posts on these listings by 2/3. Thanks.
What’s that Denton? No dogs!?!?!? WTF? Forget it. I take back all the nice things I had to say about this apartment. P-tew!!
The listing says $490,000, not $499,000.
That said, I’m not looking for a 1-bedroom, but if I were I like this. Agree the dining area is not ideal, but at least you can actually put a table and chairs there, unlike most dining room-foyers which are strictly walkways. Agree with Dave about doormen; the only reason I’d like one is to accept packages and dry cleaning and other deliveries.
cats but no dogs? Don’t want neighbors like that.
There are not that many 25 year olds getting $250k bonuses, usually have to do the rounds a couple more years.
Isn’t being able to write ‘Pineapple Street’ on envelopes etc. worth $50,000k?
MM, the really big bonuses and those for upper management are largely in stock now. For those down the totem pole, not so much. A paltry $200-250,000 bonus would largely be unrestricted.