Co-op of the Day: 24 Monroe Place Reduced
It seems like only two weeks ago that we were discussing the $2.4 million price tag on the four-bedroom pre-war co-op at 24 Monroe Place. Ohyeah, it was. In a sign that Brooklyn Heights is not impervious to the effects of a declining real estate market, the asking price has just been reduced almost 20…
It seems like only two weeks ago that we were discussing the $2.4 million price tag on the four-bedroom pre-war co-op at 24 Monroe Place. Ohyeah, it was. In a sign that Brooklyn Heights is not impervious to the effects of a declining real estate market, the asking price has just been reduced almost 20 percent to $1,950,000. As we look at the floorplan, it occurs to us that buyers in this price range are probably aren’t too psyched about having a galley kitchen. The other negative: The fourth bedroom is a small “maid’s room” at the rear of the apartment, hardly a great spot to stash the newborn. Still, gorgeous apartment, blue-chip building, great location. We shall see.
24 Monroe Place [Douglas Elliman] GMAP
Co-ops of the Day: Side-by-Side in The Heights [Brownstoner]
Did ya’ll not see the article on the cover of the NY Times Business section about the inevitable 20-40% drop in RE prices in all major markets, NYC included? Missed that, did you.
4:13pm
I see the broker blocker is not working again
Your so wrong – I (think) I could afford it (barely) and there is no way my wife is moving into a place without a w/d and no way that she is sending it out – she loves to do laundry and I aint paying for THAT!
It will sell by next week this time.
Guaranteed.
People are out in force since Labor Day. This will be a very busy open house weekend with the weather like this.
Sometimes I think this blog is more about major appliances than about real estate. The talk often turns to dishwashers and refrigerators, and in this case, washer dryers. Who cares? It is a 1.7 to 1.9 million dollar co-op. If you can aford it (and be approved by the board) you can have your laundry done in France for heavens sake.
Seller asked WAY too much and nobody bit.
Also, this isn’t really a blue-chip building. If this One Pierrepont or Two Montague Terrace, they might have gotten this price (in fact, something similar sold at 2MT for a really high price recently)
3 bed or not, for almost 2 million I want a washer and dryer.
re: W/D… None of the apartments in the building have W/D’s in them. Coop rules because of ancient plumbing and electrics.
At least they’ve repainted the place since its initial listing. It’s a very good building, and as 2:30 points out, there are very few 3BR’s in the Heights.
“rich people are idiots”
So true – lucky for them (at least the self-made ones) they were still just a wee bit smarter then the poorer folk