Co-op of the Day: 40 Ocean Parkway
This one bedroom at the Art Deco building at 40 Ocean Parkway in Windsor Terrace has got a lot going for it: it’s big, it’s got some prewar charm and the maintenance is low $513. The biggest question mark (isn’t it always?) is the asking price of $399,000. Given that there are 67 units in…
This one bedroom at the Art Deco building at 40 Ocean Parkway in Windsor Terrace has got a lot going for it: it’s big, it’s got some prewar charm and the maintenance is low $513. The biggest question mark (isn’t it always?) is the asking price of $399,000. Given that there are 67 units in the building, there must be a couple of decent comps for this. Any building residents reading this? Anyone check out the open house yesterday?
40 Ocean Parkway [Warren Lewis] GMAP P*Shark
Have you ever crossed Prospect Expressway/Fort Hamilton/Park Circle to get to the park?? maybe do it and then get back to me….
Hmmm, sorry, crossing one street isn’t worth a 40% premium, at least not for me.
responding to 5:36…this area is only going to get better with more services daily…there’s a thai restaurant that opened on Fort Ham. Pkwy recently, etc. many young families in building and neighborhood. definitely bullish on area.
to 10:26…you will absolutely not get shot at this location….friends moved from Fort Greene to the area and were very, very happy about the feeling of safety in the area…
good access to subways, F close by and the Q/B is a short (10-12 minute) walk across the park that I do regularly (happy to include a walk in the park to my commute)
to 12:21, the location of 100 and 40 are so different that IMHO, it’s worth the extra money…at 100, you’re looking at the Prospect Expressway and if you’re interested in going to Prospect Park, forced to cross over the Prospect Expressway and Fort Hamilton Parkway… 40 OP is on a quiet 1 way side street, (entrance is actually on East 7th) two blocks to the park with no large streets to cross (expect PPSW) and you are essentially contiguous to Windsor Terrace and Park Slope, meaning that you can walk to the commercial strips of WT or PS without crossing any large expressways or traffic circle’s or bridges….that has a huge monetary cost (for me at least)
i’d say it’s worth 80K.
and make them throw in closing costs.
A large 1BR at 100 OP just closed for $285K. An extra $114K to be at 40 OP seems a bit of a stretch.
anyone have any comps? that is all that matters, at least on paper. the he said she said bickering means nothing. what are buyers paying for a 1 br in the building?
“So a lack of comments, for this reader, is a plus.”
Is that meant to be ironic? Or merely tedious?
The brownstone comments are so tedious that I blanch when I see the numbers, given the fact that this blog seems to draw a strangely large number of truly nasty people. So a lack of comments, for this reader, is a plus.
4:47, I value your insight into the relative merit of the location. Care to way in on the asking price, anonymously of course?