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
> So the final verdict is: 750,000.
Methinks Mario M’s math meets muster.
too small. horrible layout. and, if you have kids, are you really going to walk up the roof leaving them alone in the apt?
yuck.
Here I come again, a stickler for factual information and Cartesian thinking! How do I dare! This is housing! You need to fall in love with your RE purchase. So… an identical unit on the 2nd floor in this building sold for 715,000 on 10/27/08. That suggests a contract signed before Lehman imploded and a buyer who closed regardless, maybe biting his/her nails at the impending disaster. Regardless, that should be a peak or almost peak price. Take off 10% (which is generous, I know, but what the heck): 640,000. Take an additional 5% for the daily torture of climbing up to the 4th floor instead the 2nd: 605,000. Then add a reasonable amount for the roof deck (which should consider each square feet of roof like half a feet of interior space; meaning 270 x 550): 148,500. So the final verdict is: 750,000.
Hmmmm it’s really a 1 bedroom masquerading as a 3 bedroom apartment. On the plus side, even though it’s very long, it’s not dark in the middle thanks to the skylights, nice building, nice location.
On the other hand, it’s a 5th floor walk-up, and the rooftop “terrace” seems to be accessible from the common stairs.
It seems very overpriced to me, but maybe someone will be seduced by the 3 bedrooms, no matter how compromised they are.
Steep price for a top-floor walkup with tiny 2nd and 3rd bedrooms. Kids and top-floor walkups don’t mix too well.
um that kitchen is horrrrrrrible! so you will want to update that
like the deck – but again it’s priced too high I think for a walk up
I think it’s better priced in the high 700K and not high 800K range
It is a large one-bedroom with two walk-in closets or small studies. The configuration is something you find only in New York. The price is OK though especially with the private roof deck. People like eccentric spaces.
A block from the park and about 20 steps to the subway is a really nice location.
Those bedrooms are awfully small, and do you really want your kid’s bedroom right next to yours, so he can hear you bangin’ the old lady?
From the floorplan, looks to be about 1000 sq ft(excluding the roof deck). So the price per square foot is pricey for a top floor walkup. But it should sell in the mid to high 700’s.