Co-op of the Day: 220 Columbia Heights, Reduced
When we wrote up Unit #5 at 220 Columbia Heights as the Co-op of the Day back in March we called the two-bedroom eye candy “crazy awesome” and said we wouldn’t be surprised if the sellers got close to the asking price of $2,125,000. Looks like we were overly optimistic on that one: After five…
When we wrote up Unit #5 at 220 Columbia Heights as the Co-op of the Day back in March we called the two-bedroom eye candy “crazy awesome” and said we wouldn’t be surprised if the sellers got close to the asking price of $2,125,000. Looks like we were overly optimistic on that one: After five months, the asking price has just been reduced by $250,000 to $1,875,000. That’s less than even the perenially pessimistic pricing widget predicted at the time. Think it’ll be enough to get a deal done?
220 Columbia Heights, #5 [Halstead] GMAP P*Shark
Co-op of the Day: 220 Columbia Heights, #5 [Brownstoner]
2 Bedroom for almost 2million . . . thin air there.
And the layout is funky.
The widening of the BQE (or alternative tunnel burrowing underneath) can’t be doing much for BH property values…
maybe the old adage is correct…paint a neutral color.
It’s not crazy awesome – just crazy. To pay close to $2MM (after that reduction!) and to have to rethink the layout to make the place liveable (while preserving the detail that makes it interesting) is just nuts.
Just saying.
Even that pilot’s room couldn’t get me to walk up five flights each day.
Is there no elevator in the building or just within the apartment? The biggest layout challenge, as others have mentioned, is the postioning of the kitchen.
What are they chasing to the left and right of the entry door? Could someone use the current bathroom space to squeeze in a kitchen and then move the bath to where the kithcen is and connect it to the bedroom? That would improve things but they’d still be less than optimum….
The living and adjacent pilot’s room are fantastic. has anyone been on the tour?
How is “window AC” an “amenity”? It’s called “what you have when you don’t have central air.”
The details and garden and view are all really great, but the layout needs rethinking–make the lower bedroom the dining room, make the downstairs have 2 BR or BR/office, add central AC. But it’d still be a 5th floor walkup–and as a 4th floor walkup renter I can tell you that gets old fast when schlepping groceries/baggage/hungover self up and down.
Definitely a beautiful apartment, with killer views, great detail and that amazing roof garden … but I can see why they had to reduce the price, based on the floorplan. Not an optimal kitchen size/layout/location. Only two bedrooms. Lots of stairs. No air conditioning. Living here would definitely involve certain compromises, worth it for the views and roof garden, but not for everyone.
who knows? This part of the market is crazy. It’s for people who spend other people’s money and then write it off.
I have always had to spend my own money so I have no concept what this sort of thing will fetch.