Co-op of the Day: 35 Prospect Park West, #89B
This fancy duplex at 35 Prospect Park West was a Co-op of the Day when it hit the market in June 2008. The asking price back then was $4,950,000. It failed to sell at that price and since then has suffered the indignity of another four price cuts, the most recent of which (in September)…
This fancy duplex at 35 Prospect Park West was a Co-op of the Day when it hit the market in June 2008. The asking price back then was $4,950,000. It failed to sell at that price and since then has suffered the indignity of another four price cuts, the most recent of which (in September) brought the price down to $3,000,000. It’s a beautiful apartment so how low can it go? That maintenance of $4,227 can’t be helping.
35 Prospect Park West Cooperative [Brown Harris Stevens] GMAP P*Shark
Co-op of the Day: 35 Prospect Park West [Brownstoner]
Wow, that floor plan and the pictures look like this place is straight out of some pre-war on the UES.
No idea about the price or maint. but the layout is almost perfect.
Maly, the “dropped ceiling” look is due to the super wide angle lens many real estate brokers’ photographers use. It’s a very unflattering view of a room. I always wonder how many buyers don’t bother to go look at a property because the photographs convinced them the ceilings were 6 feet high.
What a classic old beauty this is! Yummy! The maintenance is definitely killer, but what would maintenance be in a comparable Manhattan apartment in a comparable area?
ooooooohhhh. [now I need to have a cigarette…]
Very nice.
By Emery Roth, I believe. Same architect for the Beresford, Majestic and El Dorado along Central Park West.
There, a similar number will set you back 12-20 million.
So this is a bargain(relatively speaking).
$0.90/sf in a full service building is very reasonable. It adds up to a big number because this apartment is humongous, but it’s actually fairly “reasonable” – if living a 4,800sf duplex is reasonable, that is.
What’s up with that maintenance?
No way eventual closing price outperforms peak comps for prime North Slope brownstones. That maintenance is murdah!
***Bid half off peak comps***
It’s a deal, M4L – you bring the gold leaf, I’ll spring for the miniature giraffe.