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
I live in the building…I walk up to PPW regularly and sometimes over to Cortelyou but it is a bit of a walk… love the location but I don’t think it’s for everyone..we just had a child, so walking to the park (two blocks away) for coffee, playground and hanging at pond is great…the area is not noisy, in fact it’s very quiet, not much through traffic….
lonelyville and crossroads, both good coffee, shops opened recently but area is definitely in need of a restaurant and/or wine shop or something to open on prospect ave…laura’s doesn’t cut it.
Warren Lewis often does that, for some reason. You’d think they would WANT the traffic this blog can create. None of the other firms block Brownstoner readers.
Perhaps realtors are becoming unhappy with listings being linked from Brownstoner, and are blocking the site as a referrer? INTERESTING.
I guess others can see the listing, but when I click on the link I get: “Sorry. You are not calling from an authorized location.
http-referer = http://bstoner.wpengine.com/”
“elicit the majority of the comments on this blog.”
most of the comments are garbage: it is worth that, no it isn’t, yes it is, you’re a broker, no i’m not, blah blah.
Number of comments is not a good metric for how useful a post is. It can be, but often it is just a metric for how loudly people are shouting at each other. Higher priced properties = more incentive to post multiple times in defense or in objection to a property.
FWIW, 4 room apartments of similar square footage (750?) in co-op buildings in Sunset Park go for around 300K with maintenance around $300. Unlike this apartment, those can be configured as two brs. Does this location warrant a 25% premium? This location seems potentially noisy and high-exhaust, as it’s surrounded by major thoroughfares.
this is way over priced. It should be 270k
It has been shopped around for a while.
where can you even find a small 1 bedroom in ps for 399?
maybe south slope.
i’ve been looking and 399 buys you more like a large studio in the slope.
It’s an alright location, but for the car-less majority, there is not really all that much within strolling distance. $399 will buy you a small 1BR in Park Slope, so chopping the price to $300K seems about right.