Co-op of the Day: 69 Pierrepont Street FSBO
Undeterred by the tougher market, one seller in Brooklyn Heights has chosen to go the For Sale By Owner route. Of course, it helps when you’ve got a sweet pad to work with, which is the case with this two-bedroom in the beautiful 40-unit co-op building at 69 Pierrepont Street in Brooklyn Heights. We’re liking…
Undeterred by the tougher market, one seller in Brooklyn Heights has chosen to go the For Sale By Owner route. Of course, it helps when you’ve got a sweet pad to work with, which is the case with this two-bedroom in the beautiful 40-unit co-op building at 69 Pierrepont Street in Brooklyn Heights. We’re liking what we’re seeing—open living area, nice prewar details, nice light. Given that the apartment measures in at 1,200 square feet, the asking price of $949,000 doesn’t seem crazy on a psf basis. The most recent apartment in the building to change hands went for $875,000 but that could have been a smaller or less attractive unit for all we know. How does this price sound to you? In case the NYT listing expires, the owner can be reached at Pierrepont2BR AT gmail DOT com.
69 Pierrepont 2 BR FSBO [NY Times] GMAP P*Shark
Amen 10:35. I happen to love Park Slope and all that it offers, but smug is the perfect word to describe those PS boosters here and in RL who think anyone who lives outside may as well be living in a soul-less exurb. We’re talking other Brownstone Brooklyn neighborhoods, for pete’s sake. Save your breath for the legions of Manhattanites who think all of 718 is the same gray outer-borough hinterland, and leave Brooklyn alone!
As someone who used to live in Park Slope and who now lives in Brooklyn Heights, I cast my vote for BH. While Montague may not measure up to 5th or 7th, it has the basics. For great restaurants and shops, it’s a short walk to Smith and Court Streets, which are I think are superior, especially in terms of restaurants, both classic and cutting edge. (Not to mention the great places on Henry, and Jack the Horse.) If we’re dying to go to a park, we walk down to the park in Dumbo, and sit by the water. Or we jump on the 2/3 and are sitting in Prospect park in 15 minutes. Ditto for taking the 2/3 to the Brooklyn Museum, BAM, or hell, even to Central Park, if I want. And if we’re missing a Park Slope restaurant we liked, we jump in a cab, or walk down to Jay St. and get the F. Or a ten-minute bus ride into Red Hook for the places there. And of course, a much shorter trip into the city and home on weekends if have to go there.
And many people have also mentioned the easier work commute during the week.
And while there is certainly a lot of old money in BH, and with that comes a certain snobbiness, it’s not nearly as bad as the smug, over-entitled, stroller mom/hipster dad holier-than-thou attitude so prevalent in the Slope.
BH is certainly less social, but we can get that within 5 minutes of our apartment, then return home to peace and quiet (well, relative to NYC, anyway.) And this place is on a great block, on a great street.
8:56 – just giggle a little at your good fortune and the voice that has evolved from that. Try to remember to open your eyes – you’ll be happier for it.
I can’t fathom why anyone would ever live in a co-op, unless they can’t afford their own house of course.
9:53 I hear you. We are in the weird situation of having what we thought was a huge chunk of cash which still has not been enough to buy much in NYC. All my friends in other markets are shocked when I tell them how hard it is to find a decent house in the 1.5 million range (granted, in prime Bklyn, but even in not all that prime i.e. South Slope). That said, I do sense changes in the market – a number of places we’ve looked at are lingering – deals are falling through as people trying to buy houses can’t sell their apartments, can’t get mortgages etc. and even the brokers we’ve talked to are starting to concede that they can’t be too aggressive with prices. My sense is that there’s a weird lag time right now, where some brokers/owners are still trying to price properties too high, but these properties are lingering on the market. This will be an interesting winter…
The love lane condo is going in behind this.
Get ready for 2 years of construction…
yep 9:53, you speak the truth. We are all desensitized. And if you dare complain about these prices, people say you are “entitled.”
I must be the lone voice of reason. Basically we’re talking a million bucks for a 2 BR apt in Brooklyn. And the maintenance is high. And this is a bargain. Please God, please, if you’re listening, please make this ridiculous bubble burst. I mean, take care of the gang rapes in the Sudan first, then this bubble. The fact that upper middle class people can no longer afford to buy property that is not even big enough to comfortably house their families is insane. I feel like I’m in a horror movie where I’m the only sane one left and everyone else has taken a crazy pill.
a lot. A LOT. two words people! learn it. live it.