Co-op of the Day: 510 Ocean Parkway, #2J
The listing doesn’t say that this two-bedroom co-op at 510 Ocean Parkway is being sold by the sponsor, but that kitchen sure looks like a sponsor renovation to us! Otherwise, the 750-square-foot apartment looks pretty attractive to us for the price of $299,000. Of course, the Kensington location, five blocks from the nearest subway, won’t…
The listing doesn’t say that this two-bedroom co-op at 510 Ocean Parkway is being sold by the sponsor, but that kitchen sure looks like a sponsor renovation to us! Otherwise, the 750-square-foot apartment looks pretty attractive to us for the price of $299,000. Of course, the Kensington location, five blocks from the nearest subway, won’t be for everyone, but Ocean Parkway has quite a grand feel to it, so there’s definitely some curb appeal. What do you make of it?
510 Ocean Parkway, #2J [Fillmore] GMAP P*Shark
I had a chance to check out this listing, but totally passed on it. They’re crazy if they want 299k for it!!!! 2nd floor, ocean pkwy noise? 750 sq feet? WAYYYYYYYY overpriced!!!!! Should be more like 250k at most!!!
8’8″ wide living room – not so nice – wouldn’t do it.
Ditto what lalaland said. That location generally gets higher prices psf, and the apt is much larger.
Way overpriced. You’d do much better for yourself with something like this instead (no relation to broker or seller btw):
http://streeteasy.com/nyc/sale/569852-coop-110-ocean-parkway-kensington-brooklyn
That’s what 300k should get you for a sponsor unit…
The Streeteasy history on unit 1J is interesting:
11/30/2005 – Previous Sale recorded for $210,000.
05/06/2006 – Previously Listed by Corcoran at $325,000.
07/21/2006 – Corcoran Listing is no longer available. Last priced at $289,000.
07/25/2007 – Previous Sale recorded for $275,000.
10/06/2009 – Previously Listed by Abacus Properties at $325,000.
07/08/2010 – Abacus Properties Listing is no longer available. Last priced at $289,000.
07/11/2010 – Listed by Corcoran at $289,000.
10/08/2010 – Price decreased by 3% to $279,000.
12/06/2010 – Listing is no longer available.
A quick sleuthing determined it went rental:
10/07/2010 – Listed by Corcoran at $1,600.
So, given that 1J looked in much nicer shape, I don’t see $299k happening for 2J.
DS, I think so. The old listing for 1J says 728sf, so that’s a fairly standard 1BR in a pre-war building. I remember when this kind of place sold for 99-110K, and it wasn’t that long ago.
$299k sounded like a reasonable deal until I saw how small this place is. Weird layout. Was it cut up from a larger apartment?
yech. The building looks nice from the outside, but this place is sad.
Yes, sponsor kitchen .. .
It’s not bad, though wish more originalness was still there. And price seems high to me per foot for area, no?