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
“You can’t get a co-op with 0% down; co-ops require a minimum of 20% down”
Has any of you asshats ever heard of an 80-10-10 or 80-20 loan? And as far as “not being able to lie to the coop board” I say BULLSHIT. If the president of the US can lie to you about why hes sending your kids to get their legs blown off and get away with it, LYING TO SOME DIPSHIT BOARD IS A PIECE OF CAKE.
Dear clueless at 5:26pm…
Any reasonable coop won’t let you get by w/ 100% financing…and you can’t lie b/c they want tax forms as part of your application, not just a “stated income” line filled out.
5:26:
You can’t get a co-op with 0% down; co-ops require a minimum of 20% down.
Co-ops check finances more stringently than some of these cowboy home mortgage companies, because the financial stability of the whole building depends on the soundness of each shareholder.
The only ‘speculators’ in the co-op market are the original developers.
‘SPECULATORS CAN’T BUY CO-OPS YOU DUMBASS’
Really. And just what exactly DO you call a person who buys something with 0 down and 100% financing while lying thru their teeth on the stated income form.
2br/2bth in a good neighborhood in Manhattan is 2 million plus.
So yes, 1 million is a very good deal.
4:44, you think this is overvalued by 800k? that it should sell for 350k? um, okay!
SPECULATORS CAN’T BUY CO-OPS YOU DUMBASS
Learn a thing or two about real estate before you spout nonsense.
Oh, the place has gone to contract moron.
Jesus Christ, Mary & Moses!. Have you all gone stark, raving mad?. The prices on these POS condos & homes are OUTRAGEOUS and here you are discussing if a mere 100K discount off something that’s overvalued by 800K suddenly constitutes a “good deal”!.
Who in his/her right mind can justify a 2bd, 2bth condo in Brooklyn for over 1 million?. This is BROOKLYN we’re talking about, NOT Manhattan. You might as well be in Jersey City!.
Actually, I happen to KNOW who’s buying these overvalued homes …SPECULATORS!. Wall Street and Mortgage Co fiends who are using OPM (other people’s money) in order to finance their extravagant lifestyles. No one who REALLY works for their cash would dump their savings on these over-priced RAT TRAPS.
3:07…doing a quick search of Corcoran and Brown Harris sites showed a couple of 2BR 2Bath in this price range. Corcoran has one on Pierrepont Street, and BHS has one on Willow Street and one on Livingston Street. Pierrepont and Willow Sts are certainly as prime as Monroe Place and the Livingston Street place which I’ve seen has spectacular views.