Co-op of the Day: 914 8th Avenue, #5
This new listing at 914 8th Avenue in Park Slope is bigger than your average floor-through co-op and has a large private roof deck to boot. The configuration is definitely a little railroad-y but the main room looks big enough and open enough to compensate. The maintenance is a relatively cheap is $797. Can you…
This new listing at 914 8th Avenue in Park Slope is bigger than your average floor-through co-op and has a large private roof deck to boot. The configuration is definitely a little railroad-y but the main room looks big enough and open enough to compensate. The maintenance is a relatively cheap is $797. Can you say the same thing about the asking price of $885,000?
914 8th Avenue, #5 [Brown Harris Stevens] GMAP P*Shark
Park Sloper, I read somewhere that outdoor space should be appraised at 1/2 value than inside space, so what I did was divide the square footage of the roof deck by half and then multiply by the ppsf that I was calculating for the apt. It is a pretty big roof deck. But I may have overshot, specially because a terrace or balcony that opens directly from your LR is a lot more desirable than a roof deck where you have to exit the apt. and climb an additional set of stairs. So maybe 1/3 instead of 1/2?
Stairs are easy, until they’re not. I broke my ankle two years ago. I would have had to live in a hotel for three months if I lived in on a high floor in one of these luxury tenement buildings.
Buying a fourth or fifth floor walk-up is something one needs to give serious thought to. Believe it or not, middle age is just around the corner.
I am sure the side by side toilets are on the same riser. It was probably a one-bath to start. I think this will go for around 800k — best location, low maintenance and you could reconfigure it into a usable 2 bedroom by divvying up the mbr differently. I’d move the wall two feet over. That roof deck offsets the hike to get up there.
People always complain about these long skinny apartments on this site and exclaim that they’re not suitable for families. Hello? Have you lived in one with a family? I’m currently in an apartment very similar to this one with 2 pre-schoolers and I must say it works quite well. The length gives one the benefits of a much larger apt–I can go to one end of the apt with one kid and my wife can go to the other with the other kid, and the distance is such that it’s easier to hear the neighbors than one another.
Do we wish we had more space? Absolutely, and we’re almost certain to move when the kids get a little older. But you’re not going to get more than 1,000 square feet in Park Slope unless you make a lot more $ than we do, and, as 1,000-sq-ft layouts go, this is ideal for a 4-person family. Tell me how you would better partition 1,000-square feet among 4 people?
Having two bathrooms is definitely nice, even if you’re just a couple without kids — believe me, I know! But the toilets side by side is a bit odd.
MarioM: Do you really think a roof deck is worth another $150k? That seems high to me.
As for the stairs — not ideal if you’re schlepping small kids with all of their gear upstairs, but most people in this city do that on a regular basis. Not really so strange.
no, the carraige in the hallway wasn’t then considered a fire hazzard, but they did catch the man that did it, however the mother of the 2 children did die, she couldnt get on the fire ladder fast enough and……………
ummm, my building is also a Co-Op as I own, and the LL still will not have carrages in the hallways, besides,I would not want to see all carrages and big wheels, bicycles lined up in the hallways anyway, makes it look kinda ghetto if you ask me…….
Also, Stargazer, this is a co-op, not a rental. Big, big difference…
As for not ‘needing’ two toilets, by that logic, nobody really ‘needs’ even one! Why don’t you just do your business in a bucket and toss it out the window?
This is one of the oldest & most boring complaints on the site… having extra bathrooms is an amenity that most people value – which is why appraisers count it favorably & real estate agents tout it prominently. Maybe if you start throwing parties, having kids, etc. you’ll come to appreciate it too.
anyway, here’s my vow: I promise never to be baited into discussing the ‘two toilets is too many’ topic again.
Stargazer, that’s amazing, who would do such a thing? Though don’t tell me the person who left the baby carriage in the hall is to blame. I don’t think that’s what they meant by “fire hazard.”
Well, in my building which is a 4 floor walk up, our LL forbids any body to leave anything in the hallways. It is a fire hazzard.
BTW the bensonhurst fire that killed 5 people is 5 blocks away from us, a roll of toilet paper was drenched in lighter fluid then placed in a baby carrage in the hallway and set on fire,,,,