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
OK, correction… I smell the FSBOer.
Happy now?
I wonder about park slope vs BH prices. I think PS prices may be higher — and I find that rather unbelievable. Private schools are better , the public in BH seems to be getting better while PS seems to be getting worse (in our experience). And BH may be getting that park. I’ve lived in PS for 8 years now but I think if I had to buy now — and if it’s cheaper — I may look at BH instead.
This is when FSBO works: nice apartment, clean and “staged”, priced at 5% under what a broker said they could get. You can sell in a weekend, and even without a bidding war, take home more money
Paid all cash for my co-op in Park Slope.
Me thinks the million dollar baby just doesn’t like to play with the other children.
Pretty apartment, pretty location. Good schools. I suspect it will sell for just south of 1mm this weekend. Wouldn’t it be great if the owners would report back (please? as someone thinking about FSBOing myself)
I’m on a co-op board (a brooklyn heights co-op board even), and we’ve had 2 sales in the past year both all cash. Fine with us. Why would we care?
But yes, we do want full-time residents.
Buildings should all be filled with nothing but pied-a-terre’s.
It would create such a sense of vibrance and community spirit!!!
Actually, many coop boards are bitter and nasty – some aren’t and are friendly – but the problem is that it is hard to really find out what they are like at the contracting stage, before it is too late.
And I think that coops like this go for less then condos because of the coop boards – they cut down on the pool of potential buyers. Not just due to their prudent and often perfectly reasonable financial requirements – but sometimes due solely to strange assumptions about lifestyles – as I found out when trying to sell my coop to perfectly reasonable non-smoking, single, well-employed for years people, not young and not old, not pied-a-terre users, with no debt, for all cash or with only a very small mortgage, with no pets.
Although I was a board member, I support the movement to make coops have to state reasons for rejections of buyers, as I believe that it would cut down on bad behavior by shining some sunlight on the process.
Again, seems that your ad hominem attack on me is indicative of your own issues. You are the one taking my initial comment very personally. Adios and be merry!