Co-op of the Day: 495 1st Street, #2
We’re hot-to-trot for this one-bedroom co-op at 495 1st Street in Park Slope. Sure, we wish it were a tad bigger but for one person this would be a great pad. Admittedly, we’re seduced by the gorgeous woodwork—but the private deck doesn’t hurt either. The monthly maintenance is a low $375. And what about that…
We’re hot-to-trot for this one-bedroom co-op at 495 1st Street in Park Slope. Sure, we wish it were a tad bigger but for one person this would be a great pad. Admittedly, we’re seduced by the gorgeous woodwork—but the private deck doesn’t hurt either. The monthly maintenance is a low $375. And what about that asking price of $575,000? Too much?
495 1st Street, #2 [Brown Harris Stevens] GMAP P*Shark
11217, heard something else is planned in 2 wks.
PS to 11217: I finally made it to Get Fresh for brunch. The food was delicious, and the Stumptown coffee was excellent.
Exactly Ditmas.
And personally I’d rather have the smaller place with the amenities right outside my doorstep (because I use them often). Different strokes/different folks.
Yeah, sorry I missed you guys on Thursday night, M4L. I ended up getting concert tickets last minute and couldn’t make it.
Anything else planned?
> If you want bigger and spend more time at home, you can go find something
> for half the price in a neighborhood without all those amenities.
Bingo. That’s what I ended up doing. And when I do want those amenities, it’s a 10 minute subway ride into the Slope.
Delepp, whether true in actuality or not, your place feels bigger than this unit. BTW, would take your unit over this one anyday.
11217, where the heck were this past Thurs night? I was looking forward to meeting you. BTW, DH was there
DeLepp,
I don’t like to think we’re odd…I like to think we have a more urban mentality than many posters on this blog who although they may have moved from the burbs to NYC, they still think that 3000 sf is the bare minimum for a couple with one child.
Are you from abroad? Many people in Europe would think this space is lovely for 2 people.
The whole point of paying extra to live in a nice neighborhood is so that you enjoy your surroundings. You don’t pay almost 600K for a 1 bedroom in Park Slope if you don’t plan on taking advantage of the restaurants, the park, the shops, all of it.
If you want bigger and spend more time at home, you can go find something for half the price in a neighborhood without all those amenities.
Guess I’m just odd but my place has a biggerbedroom and way smaller kitchen and we manage to have dinner parties and guests over all the time. Plus, what childless copules stay home all the time when NYC affords all the cultural things to do.
“Maintenance seals the deal as the bldg only pays about 10K in property taxes. ”
The maint. seems awfully low if this is the case. It’s only a three story building…assuming the co-op shares are allocated evenly per floor, this unit alone would pay the equivalent of $277/mo in taxes. That leaves less than $100/mo for everything else (water, fuel, insurance, repairs, etc). Maybe one floor has extra shares for access to the yard or something…but still seems like the vast majority of that maint. gets eaten up by taxes.
“It sounds like you don’t think a couple could live in a 1BR at all?”
I would have a lot of trouble sharing a 1-bedroom apartment. As much “stuff” as I’ve gotten rid of in recent years, I still have “stuff”. And if I didn’t have a little of my own space I think I’d lose my mind.