Co-op of the Day: 53 Montgomery Place, #3F
At half a brownstone floor, this one-bedroom at 53 Montgomery Place in Park Slope may not be huge but it’s got a lot of charm and a prime Park Slope location (right off the park). Given that beautiful condition of the apartment and the monthly maintenance of $561, the asking price of $339,000 doesn’t feel…
At half a brownstone floor, this one-bedroom at 53 Montgomery Place in Park Slope may not be huge but it’s got a lot of charm and a prime Park Slope location (right off the park). Given that beautiful condition of the apartment and the monthly maintenance of $561, the asking price of $339,000 doesn’t feel too off-the-mark to us. You do have to be comfortable with being in a co-op with just a small number of other members (in this case seven). You like it?
53 Montgomery Place [Fillmore] GMAP P*Shark
Well, if location was the only factor it’s in one of the best parts of Park Slope.
According to the rent vs. buy calculator, renting it for $2,000 would have saved the seller $11,608 over the 4 years he lived there. I hope the place was renovated prior to the last purchase.
A confirmed singleton. That’s funny.
This is $2,000 a month to own. BEFORE the tax deduction.
I know someone who rents a very similar 1 bedroom on this block and pays $2150.
How much would it cost to rent this apartment? The location is wonderful, but it is too small unlike you are a confirmed singleton.
I don’t know. $750 a foot would seem right for the area if it were a more proper one-bedroom. And, yes, $561 on maintenance is not low for a 450sq ft place.
It sold for 300K in 2006.
This would be a cute apartment for someone starting out to rent -but not to buy. The maintenance is too high and the bedroom is too narrow. It has limited re-sale value except to someone with an adjacent unit. There are nicer one-bedrooms that are better investments.
that are of park slope is a bit on the sketchy side
*rob*