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
Ringo – really? I thought a lot of bonuses are now in restricted form, so will they really translate into an “answer” for NY RE?
Taxes are killing brooklyn co-ops. Brooklyn Heights co-ops in particular.
I wouldn’t want to be selling a one-bedroom in this market, but maybe this goes to a 25 yr old single banker who got his/her first 250k kiddie bonus. Wall St bonus money is the answer to every real estate question for the next month. Who knows what’s really true.
24 hour (non-union) security would add a couple hundred a month to a relatively small building ($125K+/year). Union doormen owudl add twice that. It’s all about the real estate taxes….
Yeah, that would certainly be worth a few hundred dollars a month for some – just not for me.
I entered $510,000 in the widget because that’s what I think I’m supposed to think.
Agreed, the maintenance is delusional with no doorman. It is also priced too high for the market. I say $475 max and $460 is probably more appropriate.
blackie…the only real use for a doorman is to accept packages.
Agreed DIBS.
I personally don’t have a use for a doorman, but if you’re paying the price, you might as well get the service.
Yeah, it needs a new kitchen.
I don’t mind the layout at all.
Maintenance: yes it’s high but not mindblowing. Would expect more $700-750ish for a place like this.