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The location of this studio apartment at 570 Ocean Parkway may not be everybody’s idea of convenient, but it’s got a lot of charm and the price for an entry-level apartment is hard to beat: $110,000. Granted it’s a studio, but it’s still got 500 square feet of space, which puts the asking price at around $220 a foot. The kitchen could use some updating, but other than that the co-op appears to be in reasonable shape and still in possession of most of its original detail like moldings and wood floors. Think this is a good deal?
570 Ocean Parkway [Abacus Properties] GMAP P*Shark


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  1. I have friends who live just a couple blocks away from this place and once you cross Ocean Parkway there’s a lot of restaurants and bars on the other side. It’s not a bad area at all.

  2. Never mind being a young person, Minard and others. I’m 51 years old…I’m making a decent living but certainly no more than I did ten years ago. I bought my home 16 years ago. If I had to buy a home today, I’d find myself on the fringes of the boroughs. Sure, I’m pleased with the appreciation of my home’s value but, unlike most of my neighbors, I don’t consider that a major victory. What counts is having a home you can afford, one in which you can raise a family and function as a New Yorker. The real value of a home is the quality of life it affords you. I feel bad for young people now, but also for hard-working thirty and forty-somethings who hope to buy, not rent, in NYC.

  3. Oh, you can die of loneliness anywhere. Tho, I wouldn’t want to live out on Ocean Parkway without my car. But why can’t meet the love of your life on Ocean Parkway?

    I don’t find it depressing.

  4. > A young single person would die of loneliness out there.

    Nah, they’d be eaten by the dragons that live out this way.

    Fun fact: If you go two more blocks down Ocean Parkway, you fall off the edge of the earth.

  5. I was ready to offer 95, all cash, increase my living space by 25% and decrease my housing costs by almost a grand a month … but then I read Minard’s last post. I’m lonely enough four stops closer to Manhattan.

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