Co-op of the Day: 24 Monroe Place, #3A
Despite having lots of prewar charm and a very generous layout, this four-bedroom co-op at 24 Monroe Place in Brooklyn Heights has had a hell of a time finding a buyer. The apartment started out in 2007 (!) with Douglas Elliman asking $2,400,000, only to be reduced within a few short weeks to $1,950,000 before…
Despite having lots of prewar charm and a very generous layout, this four-bedroom co-op at 24 Monroe Place in Brooklyn Heights has had a hell of a time finding a buyer. The apartment started out in 2007 (!) with Douglas Elliman asking $2,400,000, only to be reduced within a few short weeks to $1,950,000 before being yanked off the market. It reappeared in 2008 with Corcoran, starting at $1,850,000 before dropping to $1,700,000. The listing was once again yanked in early 2010, but after another breather reemerged–this time with Brown Harris Stevens–last October asking $1,450,000, which is where it remains today. We’re actually surprised it hasn’t found a buyer at that level, given the lack of nice family-sized apartments in the Heights. We can only assume that the low floor and lack of views is what’s making this such a tough sell.
24 Monroe Place, #3A [Brown Harris Stevens] GMAP P*Shark
Still in disbelief that this was listed at $2.4MM in 2007. Agree with Jessi that it’s not easy finding family apartments anywhere in the Heights. However, given this maintenance, my prediction is this is going to sell for $1.3. Where’s the widget?
i actually looked at this building in the late ’90’s. maintenance too high, not comfortable with the building’s financials, no real high end amenities, so why risk that kind of maintenance outlay? apts are fine.
It’s not a fancy place but it’s comfortable and feels real. The kitchen and bathrooms are totally fine, not high end, but that’s not the point of this place. The block is lovely, especially in winter. The lobby certainly isn’t grand and there’s no doorman. $1.5 seems more than reasonable to have a comfortable home in the Heights. 4th bedroom is best for guests.
1) Monroe isn’t close to BBP. You couldn’t get much further and still be in the Heights.
2) Maybe you should consult a map. Monroe and specifically the apt in question are right near the corner of Monroe and Clark – less than a half a block from Camden.
3) Noodle Pudding is awful. Living off the fact that there aren’t any other good restaurants in the North Heights other than Henry’s End. I’d take Colonie, Henry Public and the brunch at Iris over them. And yes, I know Henry Public is just across Atlantic.
4) Your argument was that Monroe is the best block in the Heights, not street, so Grace Court being not being a through street is irrelevant. Also, you are thinking of Willow Street, not Willow Place.
5) Your argument was the good security, not mine. My exact point is that security isn’t an issue in the Heights at all. Some theoretical future where security is an issue is just a dumb point.
6) Agree on St. Anns.
nems 1st your comments b4 were dick-ish and now in order:
1. Access to BP Park is somewhat limited from most places in BH (end of Joralemon, Atlantic and down Cadman Plaza) – Monroe is as conveniently located to 2 of those entrances as most other locations in BH (and when the staircase from Squibb opens – even more so) – i.e. Monroe Place is convenient to BBP AND Cadman Plaza
2. Monroe Place isnt really next to Cadman Plaza West in any real way (nor do I see why it would stink anyway (since North of Tillary, there is little traffic)
3. The only area of BH near those restaurants (1 of which is in Cobble Hill) is in the far South West part of the Heights – which if you live there, you are far from what historically are TRULY the best restaurants in BH – Noodle Pudding and Henry’s End, not to mention best slice at Fascatti and a couple of good newcomers like Jack the Horse
4.Grace Court is not a Street, Willow Place IS a through street from Middaugh (i.e off the Brooklyn Bridge) – the others mentioned have the same advantage as Monroe
5. You concede
6. Your anecdotal evidence is somewhat irrelevant and NONE of BH has any real security issue, but at one time it did and at one time it may again – finally it is psychologically comforting to many that the Court Officers/NYPD regularly patrol the street.
Finally you missed the #1 DETRIMENT to Monroe Place, cited by others – the constant obnoxious St. Anns kids hanging out.
in the eye of the beholder to be sure – but in RE its location, location, location – not architecture, atmosphere and architecture (besides – Monroe has great of both – street width does amazing things for opening up a block in terms of atmosphere)
But I acknowledge it is subjective overall.
1) Camden Plaza might currently be the only park, but it isn’t great. I’d rather have the partial completed BBP.
2) Being next to Camden Plaza West stinks.
3) Not near any of the good new restaurants – Henry Public, Colonie, Iris.
4) There are other streets in the Heights with little to no traffic – Garden Place, Sidney Place, Willow Place, and Grace Court to name a few.
5) Taxi availability I have to give you. Clinton is the only Street where you are guaranteed a taxi at all hours.
6) I have never had any security issues in the Southern Heights.
Agree with Ditto. Monroe Place is certainly convenient to amenities and a nice block in it’s one right, and I would have no problem living there, but there are a number of other blocks I would consider nicer: Garden Place, Willow Place, Columbia Heights, Remsen, Grace Court, Grace Court Alley…to name a few.
well frsq, kudos to you for syaing why. However, those sound like reasons for it being the most practical or conveniently located block. I think when people are thinking the best block(s) in BH, which is really chosen for its architecture and atmosphere, such practical rankings count for little.