Co-op of the Day: Another One at 24 Monroe Place
They’re cutting prices over at 24 Monroe Place like it’s some new sub-standard Fedders box in less tony nabe! First there was the four-bedroom that was cut early last week from $2,400,000 to $1,950,000. Then later in the week, the price on this two-bedroom was trimmed from $1,195,000 to $1,125,000. Like the four-bedroom, this one’s…

They’re cutting prices over at 24 Monroe Place like it’s some new sub-standard Fedders box in less tony nabe! First there was the four-bedroom that was cut early last week from $2,400,000 to $1,950,000. Then later in the week, the price on this two-bedroom was trimmed from $1,195,000 to $1,125,000. Like the four-bedroom, this one’s also a classic in great shape; like the four-bedroom, it’s weakness is probably the size of its kitchen. Overall, though, this is a great layout. This price can’t be off by much, can it?
24 Monroe Place [Corcoran] GMAP
Whatever you said. This Apartment was successfully sold off for $1.1M!
Dobro. is downtown Brooklyn.
7:49 you really do need to know what you are talking about before hitting Caps Lock. Board requirement is 20% down. Means you can’t get a mortgage for more than 80%. How can the board control that? Easy, its a co-op if you know what that means. Co-op issue shares which are then pledged and delivered to the lender. That’s how the lien is granted. If you as the uneducated liar then borrowed the other 10-10 or 20% you ranted on about, the loans would be unsecured personal loans (probably at 18%). The senior secured lender has the co-op shares so no one can have a second secured loan without the co-op board knowing. And as to lying to the board, a misrepresentation of your financial condition can be a reason to terminate the proprietary lease so then you lose the apartment and are stuck with the loan you have to repay. Nice trade. I guess that’s why you still rent.
you need to move to the burbs if you think this area is dangerous, 8:29.
seriously.
Where the hell is “Dobro”?
guest 1:10 AM, I suggest you look at the police blotter. You’re the fool.
I have been looking for a 2 bed 2 bath since April, compared to everything else I have seen in this area as well as Dobro, this place seems like an incredable value. Established neighborhood, close proximity to subway, a dining room and a wood burning fire place, what more can I say.
In Manhattan this apartment would sell for at least twice the original asking price, with at least double the mtc charges.
In my opinion, the buyer of this one scored.
you’re joking, i’m sure…9:18.
monroe hasn’t seen a crime in 10 years.
you’re a fool.
While Monroe Place is a beautiful street, it can be desolate at night and has its share of incidents as a result.