Co-op of the Day: 1 BR 96 Schermerhorn Street
The 105-unit co-op at 96 Schermerhorn Street is no stranger to price cuts, so it didn’t come as a great surprise to see that the asking price for an 800-square-foot one-bedroom was cut from $599,000 to $549,000 at the end of last week. Actually, at first glance we were surprised that there hadn’t been any…
The 105-unit co-op at 96 Schermerhorn Street is no stranger to price cuts, so it didn’t come as a great surprise to see that the asking price for an 800-square-foot one-bedroom was cut from $599,000 to $549,000 at the end of last week. Actually, at first glance we were surprised that there hadn’t been any takers for apartment 12C at the original price. Then we noticed the maintenance: $1,139. Ouch! Based on comps, though, this looks cheap—both 3C and 4C sold for $625,000 earlier this summer. All we can come up with is that perhaps the layout is different; the 12th floor looks to be about where setbacks start to occur.
96 Schermerhorn Street 1 BR [Corcoran] GMAP
Building photo by Scott Bintner for Property Shark
2:36,
So all the restaurants and bars on Smith, Court, and Atlantic, the Barnes and Noble and cinema on Court, the grocery stores like Sahadi’s–you mean they’re all geared to the 9-5 crowd?
Wow, Brooklyn Heights, Cobble Hill, and Boerum Hill must be absolutely deserted once the workers leave. It’s odd to think there are no businesses that cater to the large, local residential population…
Or maybe you didn’t think about the stores and services on the streets I mentioned because you have to walk, oh, 2 minutes to get to them?
BTW, if you knew the neighborhood AT ALL, you’d know there’s a 24 hour deli on Court about 2 minutes from the building.
there’s a 24 hour deli around the corner on court street, and several restaurants that deliver 24 hours. non 24/7 delivery is part of living in BROOKLYN.
the structural damage wouldn’t affect a new buyer anyway. assessment has already passed.
1:43 PM #1 does have a point: sure there are services, but aimed at the 9-5 crowd. Good luck finding a deli open at 11pm! And yes, the tenants in the back got screwed by the Brooklyn Law Dorm. I have a friend who lives in the bldg and it suffered structural damage as a result of the dorm’s construction. The board refuses to go after Brooklyn Law so now they are making the residents pony up for the repairs.
Little or no services nearby? That’s about the most ignorant post I’ve read on Brownstoner.
I’m no fan of the building, but it’s convenient to a ton of services. Court St is a block away, Atlantic Ave is two blocks, and it’s four blocks from Smith St, Montague St, and the upcoming Trader Joe’s.
A couple of blocks from all the subway lines to boot.
I agree that it’s not on the most residential street, but it’s nothing if not close to services/restaurants/shopping.
3rd floor has 14 foot ceilings, not 25, which would be something else…..
no services nearby? that’s just not true. two blocks from brooklyn heights proper as well as cobble hill, the building has most of what those areas do. plus trader joe’s coming soon and better subway access than any of the surrounding neighborhoods.
actually the 3rd floor has the 25 foot ceilings and 4 – 11 is 12 feet. maintenance is high in the building, though it is indeed well maintained.
this building sucks. it’s in the middle of a commercial area and there are little/no services nearby. traffic is heavy and the noise is terrible. we looked at a unit in this building back in 2004 when we first started our search and ended up fleeing from this building/area and buying in clinton hill.
3 and 4 C are two bedroom, 1-1/2 bath units (granted second bedroom is small). This is a one bedroom, 1-1/2 bath. Also has lower ceilings on 12 (about 10 feet compared with 12 feet on 3-11 floors and 14 feet on 4th floor). This has original kitchen (and baths probably too). That said, it is a nice space, with a little updating. And even if it says 800 sq feet (true measurement), it is bigger than a lot of apts. I have seen that are supposed to be larger.