Co-op of the Day: FSBO at 488 Third Street
The interior of this ground-floor one-bedroom apartment at 488 3rd Street has an almost 1970s vibe going on but it’s hard to be too picky when you’re getting a place with outdoor space on a prime block of Park Slope for $499,000. The layout’s not bad at all and we suspect that $25,000 would go…
The interior of this ground-floor one-bedroom apartment at 488 3rd Street has an almost 1970s vibe going on but it’s hard to be too picky when you’re getting a place with outdoor space on a prime block of Park Slope for $499,000. The layout’s not bad at all and we suspect that $25,000 would go a long way in sprucing the interior up. (The building is zoned for PS 321 but this ain’t exactly a family-sized apartment.) This listing raises the question of what a yard is worth in this area. Is it $100,000? $200,000? $300,000? If it’s the latter, then the apartment itself may be only asking $199,00. What do you think? What price garden space?
488 Third Street, #1B [Square Space] GMAP P*Shark
16th Street isn’t an easy sell. 3rd Street is.
The most prime areas will suffer little to nothing in this cooling market. When things get a little rough, those with money want to be as insulated as possible from the threats of as possible backlash of urban decay. This is why places like Brooklyn Heights and Park Slope will continue to prosper, even in a slower market.
Fringe areas and new construction will suffer most.
Someone left a NOTE on my door the other day asking if I wanted to sell. Yikes.
Wow 8:34 how do you know that?
Maybe I should flip my place on 16th street when I close next month.
Its 875 sq feet with a 750 sq foot req room and a private 45 X 20 Backyard. I’ll start the bidding at $725K – Any takers???
My vote is that it goes this fall and for close to asking. It’s small but there will definately be a premium for the private outdoor space.
They’ve received 2 offers. One over ask.
I will go for $425,000
which is a good deal imo
small but i think the best possible layout and reno (meaning the glass wall to the garden). very affordable in this market so I think will easily sell.
This would be a perfect apt. for an older, single man or woman to retire in. No stairs, great location. Yes, very small (looks like 450 sq. foot) but usable layout and with a gas heater and big umbrella you could eat outside 8 months a year. Price seems a bit high but, of course, the market will tell.
You can’t live inside a faberge egg, 8:29.
Until you stop equating them with homes, we will continue the housing “crisis”
Oh and I’m not a broker, 10:03.
Believe it or not, most on here are not. Just people who bring real live information to the table instead of useless bantor.
4:25 = shill = broker