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
Reasonable price at first glance, but a 1200 ft place with just one bathroom is strange. Also that bathroom is only accesible from the Master Bedroom. Dealbreaker for me if I was in the market.
That’s why so many people in Manhattan gravitate towards Manhattan
I meant towards Park Slope.
But obviously a lot gravitate towards BH as well. Like I said…everyone wants something different.
“1200 sf is too small for 2 parents & 1 toddler?!”
Maybe they’re contestants on the biggest loser??
I’d give up a somewhat longer ride on the subway to live in an actual urban enclave rather than, what is essentially a bedroom community of Manhattan.
Part of what makes NYC so special to me is being able to walk to any number of shops, restaurants, bars and a huge park within a 5 minute jaunt of my house. While I might have to sit on the train longer for work, EVERYTHING else is more accessible.
That’s why so many people in Manhattan gravitate towards Manhattan. Just like there, you are able to walk everywhere and enjoy what your own neighborhood as to offer. It’s also a big part of the reason why BH has and always will be a bit stodgy. People have beautiful homes there, but that’s all…they live there…they don’t really have an active community, per se.
We all have different priorities, though.
I see the benefit to both.
“there’s a tax abatement, so taxes are at $50 ish / month.”
have fun when that shoots to nearly 1000 a month in 10 years.
1200 sf is too small for 2 parents & 1 toddler?!
Won’t argue with 3:29 on each and every point in the BH vs PS debate (some I agree, some disagree) but I strongly disagree on the commute. If you’re lucky and maybe on the flatbush lines, it’s a 10 minute difference in the ride itself. But the walk from the subway can be much longer in the slope. And don’t even think to compare the commute for people further down in the slope who need to take the F. BH is a much smaller neighborhood and you’re pretty much within 5 min walk of every major line in the city. Trips to midtown from BH can be 20 min compared to 45 min from parts of the slope. Cab rides are much shorter too. Now, this advantage assumes you need to go to Manhattan regularly, but for those who do, having an extra 45+ minutes every day (back and forth) not spent on commuting is a big lifestyle difference. And, as much as we all love the cultural offerings of brooklyn, sometimes it is nice to be able to enjoy the rest of new york city, too.
4:40 what the hell are you talking about? i sold a small house in PS to move to a condo (actually 2x the living space). renters and students? in our condo, there are no students – huh on that comment? and only one apartment that has a renter. all other are owner occupied by adults with jobs. my husband and I plan on living in our 2000 sq ft space with a patio and backyard for a very long time. also, it was professionally inspected by an inspector we brought in. it’s very well made.
looked for 2 years before I bought it. the issues for us were space, layout, central A/C, convenient commute to our jobs, lots of wonderful things to do (eating, shopping, bars, etc…), and playgrounds and easy manhattan access to do great stuff with our toddler as well.
so even tho this is in child accomodating BH, this is one of those spaces that would drive us crazy with a kid. just TOO small. too small does not over come lovely “bones” or a great exterior.
some people care more about an enjoyable lifestyle and prefer not renovating, having central air, having laundry in their apartment, having a clean big space and new appliances. hence condos.
also, i got 2000 sq. ft for $950K and my cc:’s are $350 – there’s a tax abatement, so taxes are at $50 ish / month.
Gee….pre war condos make up less than 2% of the owner market in New York City so I can’t imagine how I could be so unfamiliar.