Co-op of the Day: Henry Street Duplex

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    We always have a tough time coming to grips with co-ops and condos that have been carved out of brownstones. Regardless of the attractiveness of the apartment in question, our mind immediately jumps to how nice a house one could get further out for the same dough. Which really isn’t the point. There are plenty of people who’d rather have a smaller place in a more convenient or gentrified area. So what about this place? We think the interior decorating is working against this listing. The Ethan Allen look makes the space feel crowded and cramped–as do the apparently sloping ceilings in the bedroom on the top floor. The saving grace on that count is the living room which appears to have cathedral ceilings. The apartment, which does not have outdoor space, is 1,600 square feet. The asking price: $1,100,000. Not for us, but not a crazy price, considering that $2.2 million would be reasonable for an entire house in the area. Of course, then you’d also have a yard and wouldn’t have to get someone else’s permission if you wanted to pain the hallways.
    363 Henry Street [Prudential Douglas Elliman] GMAP P*Shark

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