Co-op of the Day: 279 Cumberland Street, #2
This duplex co-op at 279 Cumberland Street in Fort Greene just hit the market with an asking price of $649,000. It’s recently renovated and in very nice shape, though the space doesn’t retain any of the building’s original architectural charm. The monthly maintenance on the 1,200-square-foot space is $1,188, which seems a little high for…
This duplex co-op at 279 Cumberland Street in Fort Greene just hit the market with an asking price of $649,000. It’s recently renovated and in very nice shape, though the space doesn’t retain any of the building’s original architectural charm. The monthly maintenance on the 1,200-square-foot space is $1,188, which seems a little high for a small walk-up building. You liking it?
279 Cumberland Street, #2 [Corcoran] GMAP P*Shark
We saw this place, needs some serious work and the Layout doesn’t work. Kitchen is a complete mess, both bathrooms need work, and the 1200sq footage description is generous.
By Nokilissa on May 12, 2010 3:58 PM
I thought it was 20 feet by 30 feet BH. Not nearly 21 by 35 as you (rather sarcastically, I daresay?) suggest.
…
P-shark lists the dimensions.
bh, so they’re including the terrace in bldg even though only 8 feet wide as i doubt this is more than 30 deep
Probably a 3 unit building, better hope for all cash deal or parent’s kicking in.
I thought it was 20 feet by 30 feet BH. Not nearly 21 by 35 as you (rather sarcastically, I daresay?) suggest.
By Nokilissa on May 12, 2010 3:23 PM
I can’t figure how they get 1200 feet of living space out of this.
…
I bet it went something like this:
bldg = 20.8333 x 35 = 729 x 2 = 1458
stairwell = 6 x 21.5 = 129 x 2 = 258
total square footage = 1458 – 258 = 1200
This place is a head-scratcher. It seems tiny, and is bisected by one of those god-awful black metal spiral staircases, which one must presumably traverse CONSTANTLY, given that the LR is on a different floor…
I can’t figure how they get 1200 feet of living space out of this. And with no backyard, the price tag seems ludicrous.
Is it a coop or a condo? The listing says condo, but the text mentions coop. If it’s a coop, good luck with financing.
“the space doesn’t retain any of the building’s original architectural charm”
Easily recreated for upper floors of brownstones, especially of this non-Italianate type.
Damn, 30′ deep sucks. Gotta be 40′ min for me (and 20′ min wide as this one is). Owners/architects – kit/LR downstairs, BR’s upstairs, okay?
Fundamental 10x rent roll -> $5,408/mo! Realistic rent under 4 grand. New buyer looking at 26 percent or more in depreciation.
***Bid half off peak comps***
I disagree and appreciate the layout, but I enjoy hosting dinner parties. This is more or less my dream apartment (if it had a garden instead I’d be tempted to ask if any smart, attractive, single 40ish gentleman wanted to rush impulsively into cohabitation). Wish the upper terrace were larger; I wonder if there is a creative way to increase it, cantilevered to the one below perhaps?