Co-op of the Day: 22 8th Avenue, #1 Revisited
It’s been almost a year since we took a look at this eye-popping lower duplex at 22 8th Avenue in Park Slope. As far as we can tell, it’s literally flawless, so price must be the only thing standing in the way of a sale. When it hit the market last February it was asking…
It’s been almost a year since we took a look at this eye-popping lower duplex at 22 8th Avenue in Park Slope. As far as we can tell, it’s literally flawless, so price must be the only thing standing in the way of a sale. When it hit the market last February it was asking $2,200,000. Now, after a brief stop at $1,950,000, it’s listed for $1,800,000. The monthly maintenance of $2,263 probably isn’t helping when potential buyers weigh this place against an entire house a little south of here. All we know is that whoever ends up living here will be one happy camper.
22 8th Avenue [Brown Harris Stevens] GMAP P*Shark
Co-op of the Day: 22 8th Avenue Duplex [Brownstoner]
I think the real issue is that this place is too nice for Park Slope. It’s got a Central Park West/UES feel to it, but people who live there and can afford $2 mil. aren’t necessarily people who want to live in Park Slope. Or, if they are, they’ll buy an entire brownstone for 500k more so they can have more room for their art collection.
DIBS, but isn’t the deductible portion taxes and mortgage interest, not mortgage? Principal – whether to underlying or personal – not deductible? Been a while since I owned co-op.
Plus, doesn’t make a ton of difference!
11217:
This was the former home of one of the Mayors of New York City.
rob:
that is such a dumb comment. werent there a ton of low rent mayors in nyc before bloomberg?
11217:
Your comment was so much more well-informed.
Go read about William Gaynor instead of mucking up another thread with your crap.
Hmmmm… I’m with rob (once again, it’s scary) on this one…what’s about the “crap” about assuming a place has cachet because a *mayor* once lived there?
Johnny, total charges are $2,263 of which 40% are deductible, meaning those are the taxes and underlying mortgage payments. The $1,358 is the non-deductible portion of the Maintenance.
We don’t know the situation of the building’s finances. They could be building a reserve, there could be a special assessment or a number of other issues.
1358 doesn’t include tax or underlying morotgage INTEREST I believe.
That’s still a lot I think. Doorman-type fees. Should depress price. And honestly, living room really nice, rest just nice.
Come on frownstoners.
You all have to admit that as far as brownstone detail, that parlour floor has all the bells and whistles….grand marble working fireplaces, mahogany doors and casings, mahogany & walnut wainscoting, picture rail with wedding cake plaster ornamentation and crown moldings, floor to ceiling windows and, most likely a spectacular floor underneath those carpets.
Actually, I believe that only the St. Marks house in need of a complete renovation would be more spectacular among things we’ve seen over the last 6 months.
or this house: (first one one the list)
I’m not saying this is a great house. BUT, it’s a house! NOT a co-op/condo.
http://www.townsleyandg.com/
I sold my place on the UES in March 2007, which is when I moved to Brooklyn.
So I AM the smartest, after all.
Is that when you moved as well? Is that when ALL the Asshats invaded BK?
Posted by: Biff Champion at January 19, 2010 2:14 PM
I moved to my place in June, 2007 and sold the apartment on the UES in October. So that makes me smarter. Plus, I left for mexico about two days after I sold it which made me not only smart but happy.
I had no idea that you were almost as smart as I was. Let me pat you on the back. no homo
“This place is really cheap on CCs compared to Manhattan.”
For the sq footage maybe, I am not that up to date on Manhattan.
BUT the building has no amenities, to which a Manhattan buyer may be accustomed. Also in a small building there may be the expectation that the unit owners pitch in to do stuff for which larger buildings have staff.