Co-op of the Day: 19 Seventh Avenue Studio
Okay, we know you’re not going to find anything else for much cheaper in Park Slope Proper, but still, paying $249,000 for this glorified shoe box in an otherwise generously-sized brownstone at 19 Seventh Avenue seems like a bit of a stretch to us. The listing spins the place as “cozy” and plays up the…
Okay, we know you’re not going to find anything else for much cheaper in Park Slope Proper, but still, paying $249,000 for this glorified shoe box in an otherwise generously-sized brownstone at 19 Seventh Avenue seems like a bit of a stretch to us. The listing spins the place as “cozy” and plays up the “modern” kitchen but, eesh, after you put down $50,000, you’ll be paying, what, $1,200 a month in mortgage plus another few hundred bucks in maintenance? We can’t see a whole lot of upside when it comes to resale (and can easily imagine a scenario in which you can’t even get your down payment back out) so why not just rent?
19 Seventh Avenue, #BR [Douglas Elliman] GMAP P*Shark
Photo by Kate Leonova for PropertyShark
Nearly two months later and this little place is still on the market.
I for one am SHOCKED.
Not.
what’s the difference whether you pay 250K to live in a small studio or 3 million to live in the whole building.
both are equally ridiculous.
but it happens every day.
don’t flater yourselves…what’s ridiculous is that someone would even think about paying this kind of money to live in a small room…no matter where it is.
comparing housing outside Manhattan to housing inside it is RIDICULOUSLY absurd.
“living in a situation where people are walking above your head, looking out your window and seeing feet”
Yeah, this doesn’t happen anywhere else in New York. Just in this particular studio in Park Slope.
i’d rather live in this place than in a 3000sf house in most places around the u.s.
a place this size in london recently sold for close to 750K, btw.
comparing housing outside nyc to housing inside it is RIDICULOUSLY absurd.
so you are telling us that it makes more sense to live in the nicest house in mobile, alabama over this studio in park slope?
have at it, then.
(BTW, a lot of people pay 2000 psf to live in manhattan and it’s 20 minutes away).
i’ll take nyc….small, expensive places and all, over 95% of the u.s.
Have we all completely lost our perspective? 250K for not even 300 sq ft of space? this is why we are in the current market situation that we are in. any bank that is stupid enough to give a mortgage to ANYONE stupid enough to pay this sort of money for this space desserves to be in a pickle. You could buy a gorgeous home (anywhere outside the city) and have more space than this… can’t imagine spending this sort of money and living in a situation where people are walking above your head, looking out your window and seeing feet, or rolling over into your oven! get a grip…all of you.
That may be, 3:03, but what you end up with is the crappiest co-op in all of Park Slope. So while it may be the lowest price available in the area, it is still too expensive.
By your logic, a place half the size of that one, yet cheaper, would still be a good deal. And to that, I say PIFFLE.
WE WILL SEE 3:03!!!!!!!!