Co-op of the Day: 423 Atlantic Avenue, #5E
Here’s an unusual listing: A duplex loft with a large rooftop deck at 423 Atlantic Avenue. The main space has been attractively renovated but doesn’t appear to have any strong character that jumps out at us. The rooftop addition feels at once like a ship and an aircraft hanger—in a good way. No exact square…

Here’s an unusual listing: A duplex loft with a large rooftop deck at 423 Atlantic Avenue. The main space has been attractively renovated but doesn’t appear to have any strong character that jumps out at us. The rooftop addition feels at once like a ship and an aircraft hanger—in a good way. No exact square footage is provided for the space as a whole, so it’s a little difficult to know what to make of the asking price of $1,350,000. Any gut reactions?
423 Atlantic Avenue, #5E [Brown Harris Stevens] GMAP P*Shark
“oh nomi, nomi, nomi.” (antidope) Um, I’m not totally getting the tone of this .. .. I shall choose to take it well until told otherwise .. .
tybur6, OK. I get your two points. One is more emotional than the other, but that doesn’t matter.
Nomi – I know. I get it on one level. But at the same time, I find it a bit strange that folks are willing to basically maintain the same proportion of their income going to their housing…. or even letting the proportion disappear and just maintaining the same *absolute* level of discretionary spending.
To me, when a property passes a certain threshhold… the normal calculus should no longer apply. But I guess my threshhold is a lot lower and a million and a half dollar purchase is just normal for many. That’s fine. But at a certain point it just seems… “What’s the difference between maintenance of $1200 a month or $2200 a month… I’ll still have $300,000 a year extra left over in my bank account.”
oh nomi, nomi, nomi.
Tybur seems to have this weird block that two things can’t be worth different amounts. In his world, a 50 cent cup of diner coffee is equal to a $3 brew from Blue Bottle…
Anyway, I’d be pretty happy to live on AA, so long as the windows were double paned and sealed. Plus, you’re in the Ex-Lax building. What a great conversation starter.
Tybur6, this is not a facetious question, honest. And I’m not meaning to quibble with you being put off by the price. But how is it different, the idea that someone can afford, say, to pay $6000 a month, but not $8000, than someone else being able to afford, say $2000 a month, but not $3000?
It’s a cool space, but with the steep maintenance, this should sell for closer to 1m. And not sure if I’d to live on Atlantic Ave, it must be noisy.
What’s $2000 extra per month if you’re already ponying up $1.3 MILLION. Seriously… I try to not react to these prices, but I can’t help it. You’re looking at paying ONE MILLION THREE HUNDRED THOUSAND DOLLARS for an apartment… an apartment! Actually it’s for the “rights to live in a space that is sorta yours, but it’s actually not, so you have to check with your neighbors before you change your cabinets”
The $24,000 per year shouldn’t even make you bat an eyelash.
P-shark link is wrong (goes to 14 Monroe).
Guessing the sq ft is (ballpark based on similar units) 1800-2000; buck a sq ft is high for the nabe.
i’ll take it.
i’ll pay full price.
once they make atlantic ave pedestrian traffic only.