Co-op of the Day: 125 Eastern Parkway 3 Bedroom
Real family-size prewar apartments are hard to find to come by in Brownstone Brooklyn, so we were interested to come across this FSBO listing (yet another one using free blogging software) for a three bedroom at 125 Eastern Parkway. The 1,800-square-foot place combines two apartments, the D and E lines. Given that 5D sold for…
Real family-size prewar apartments are hard to find to come by in Brownstone Brooklyn, so we were interested to come across this FSBO listing (yet another one using free blogging software) for a three bedroom at 125 Eastern Parkway. The 1,800-square-foot place combines two apartments, the D and E lines. Given that 5D sold for $725,000 last June and 3E sold for $271,371 in 2004, the asking price of $900,000 (or $500 a foot) seems quite reasonable. We also like the layout: If it were our place, we’d blow open the whole center of the apartment, combining the current kitchen, dining room, living room and den into one gigantic space. But that’s just us. Looks like the apartment has been on the market since February 1. We bet it’ll be snapped up by someone at one of the two open houses this weekend.
125 Eastern Parkway FSBO [Blogspot] GMAP P*Shark
Ocean Parkway has a service road
When built, both the Grand Concourse, in the Bronx, and Eastern Parkway were favorably compared to the boulevards of Paris. These comparisons can be found in many writings of the time. And I have been to Paris.
Eastern Parkway was the first parkway in the nation, intended to bring open spaces into the city at a time when much of Brooklyn was still unplanned. You may not think it much, but it was designed and built in 1870-1874 by a couple of guys who have more than a few major parks, like Central Park and Prospect Park under their belt: Frederick Law Olmstead and Calvert Vaux. Even if the designers were unknown, I do not understand how anyone could think this thoroughfare is unremarkable. The service roads, if nothing else, make it unique.
You’re comparing Eastern Parkway–EASTERN PARKWAY–to Paris? Have you never been to Paris? What are you thinking? Eastern Parkway is a thoroughly unremarkable thoroughfare in Brooklyn, NY. There are some truly awesome streets and avenues in Brooklyn, but Eastern Parkway should not even come up in a conversation about them.
Anon 5:44 – You are mistaken. I know a lot about the schools in district 13 and I know that the schools in Prospect Heights are not at all highly regarded. Do you know otherwise? Why are you so obsessed with defending the merits of this listing if you are not affiliated with the owners as you claim above? And why do you assume I don’t like the neighborhood? I never said I don’t. I just think the prices are high for what you get. If money is no object that why would I object to this area. Subway location is not so great. I think the 2/3 take forever to wind their way through Brooklyn before they get to lower Manhattan. A and C line is much quicker.
I thought the mortgage interest deduction was not factored into the AMT calculations but the deductibility of the maintenance is so you probably won’t be able to take advantage of that. No?
“Almost by definition, if you are in the 38% tax bracket, the govt claws back the mortgage interest deduction.”
what do you mean by that? all broker hand outs seem to do purchase cost analysis assuming full tax deduct of mortgage interest.
I live near eastern parkway and the one thing it is, is a beautiful boulevard, much like the grand concourse. People who have been to Paris have told me it is so like boulevards there. No matter how beautiful a neighborhood is, places like Eastern Parkway and the grand Concourse have a grandeur about them that just can’t be matched. It’s a plus for everyone- and the City too.
i am poster 4:53 and i happen to agree that clinton hill is an amazing neighborhood. i never said it wasn’t. nor do i live on eastern parkway and have zero affiliation whatsoever to this listing.
you are not reading something correctly here. your tone in post 4:44 was a snotty one. mine was simply saying that people have different opinions. i value yours, and agree that clinton hill is a great neighborhood so why do you need to attack brownstoner for saying he happens to like eastern parkway better???
not only did you say you didn’t prefer it, but then made a snide remark about the schools…an area which you don’t seem to actually have any real information about.
I think the problem with this forum is that people who have a vested interest in the promotion or the slamming of a particular listing get to post here anonymously. So in my mind somebody who cares deeply about this listing (the owner? the friend or relative of the owner?) has posted multiple times in answer to anything negative that anybody else says. So it just makes this a particularly slanted conversation because why can’t one person say they like Clinton Hill and that they have nice apts on here? Because clearly it offends somebody who lives on EP’s sensibilities. And btw, I am the OP about Clinton Hill and I don’t even live in the area of Clinton Hill or EP. I think that it’s fair to say brownstoner should get to know his own neighborhood’s apts. And if he wants to speak up for himself I’m sure he will. It’s his blog after all. Does he need an EP bully to standup for him on here? And I’d like to see where people who are raving about EP all happen to live? Could it be that they are all living on EP and thinking about their own real estate’s values??