Co-op of the Day: 195 Garfield Place, #3M
This new studio listing at 195 Garfield Place in Park Slope. While it is a studio and therefore lacks a separate bedroom, it does appear like the orientation of the kitchen (layout here) provides at least some division of space. The third-floor pad is in a prewar building (albeit a walk-up one) and has the…
This new studio listing at 195 Garfield Place in Park Slope. While it is a studio and therefore lacks a separate bedroom, it does appear like the orientation of the kitchen (layout here) provides at least some division of space. The third-floor pad is in a prewar building (albeit a walk-up one) and has the kind of charm to it that you’d expect. What do you think of the $285,000 asking price?
195 Garfield Place, #3M [Douglas Elliman] GMAP P*Shark
11217: bitch please, who the hell in NYC can save 55K as a down payment for a studio?! please… it’s obviously family money… aka moonface welfare.
*rob*
quote:
Add in the mortgage interest deduction
i can’t WAIT for that shit to go the way of the DoDo bird, which it will be doing very soon… mark my words 😉
*rob*
quote:
“And please – you can rent a much better studio in a new doorman building in many parts of Manhattan for $2K a month.”
examples – or they don’t exist.
they are all above 96th street, but they do exist. personally id rather be in brooklyn than that far up in manhattan tho. the prices up there are sooooo expensive just cuz it’s im manhattan, and even tho im not a fan of moonface amenities i find it absurd to pay for those “ammenities” and not get them.
*rob*
111 Hicks is a financial disaster area and is the one building my broker told me to not even look at.
Not a great comp.
I love the people like M4L and Pole saying that there are these comps out there, but have nothing to back it up. Please show us what can be had in BK Heights of equal comparison for less money.
20% down, Tyburg. You really are clueless.
20% of 285,000 is $57,000.
That leaves a mortgage payment of $1155 a month on the remaining 228K. Add $401 in maintenance and it’s $1556 a month.
See….MATH IS FUN (when you actually know how to do it instead of run your mouth)
Add in the mortgage interest deduction and you’re effectively paying around $1100-1200 a month to own your own place and live alone. And yes, some people DO save money for a downpayment. Just because you don’t doesn’t mean it doesn’t happen.
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If it wasn’t for the government bailout of Wall Street, Park Slope would be toast!
huh? i agree with everything else you said tho… it does annoy me too tho that homeowners who should never have been homeowners in the first placed got their taints licked by the government this last time around. ah well, hopefully it will not sustaint in the next 10 years or so and prices will come back down to reality and moderately affordable to the non super wealthy and subsidized indigent.
*rob*
“And please – you can rent a much better studio in a new doorman building in many parts of Manhattan for $2K a month.”
examples – or they don’t exist.
Or, you can move to Greenwich and buy a small house for the twice the price of this closet.
I’m so glad I moved to Manhattan! I no longer have to justify the wisdom of riding the filthy subway for 40 minutes.
And please – you can rent a much better studio in a new doorman building in many parts of Manhattan for $2K a month. I’d gladly spend an extra $400 a month for the amenities and to avoid wasting an hour a day on the subway.
I can’t believe after all these years, the madness of this site continues unabated. If it wasn’t for the government bailout of Wall Street, Park Slope would be toast!
“How do you get $1500 a month including maintenance?! To get that figure you’d need to put at least 35% down.”
You’d need to put around 25% down by my reckoning, maybe slightly less (didn’t include any tax deductibility of maintenance).