Co-op of the Day: 457 3rd Street, #3R
This charming 3-bedroom in an eight-unit limestone co-op at 457 3rd Street in Park Slope just held its first open houses this weekend. Given the combination of original woodwork and clean renovation (not to mention the old PS 321 factor), we suspect there will be ample demand at the price of $999,000 from family buyers….

This charming 3-bedroom in an eight-unit limestone co-op at 457 3rd Street in Park Slope just held its first open houses this weekend. Given the combination of original woodwork and clean renovation (not to mention the old PS 321 factor), we suspect there will be ample demand at the price of $999,000 from family buyers. Don’t you?
457 3rd Street, #3R [CBHKG] GMAP P*Shark
Buildings and condos like these are pretty to look at from the street but is a whole different matter when you live inside the building and share it with other people.
The biggest problem these buildings have is noise pollution. Thin ceilings, floors, and walls. There is a new product out (2003/2004) that is a lot better at noise abatement but it will cost you at least $100 for 8×4 piece of the good kind, not their cheapest and thinnest product line. That dosen’t include ripping the existing sheetrock out and labor to install it.
I’m saying this because I been through this hassle already and vow never to live in another building that dosen’t have thick concrete floors.
good luck with that one, 1:32. No hard feelings but the reno was nothing great – kitchen looked very tired, bathroom not renovated anytime recently, no closets at all in the master bedroom, and the cork floor all along the hallway was as mystifying as it was unappealing. The living room and small dining area were attractive, but the rest was really not great.
440 isn’t “incredibly low”. It is lower than average but not “incredibly” low.
999k is jumbo territory and jumbo origination has fallen off a cliff. Anyone with cash, avoiding jumbo, can easily wait to see how this shake-up is going to play out. I mean .. citibank is almost looking at getting broken up in order to get its equity back above red levels! Are people with $1m really that unaware of what is going on in the markets? these prices are only a shade less than boom-time. Sorry, this has further to fall. It won’t go above ask. It only takes one careless buyer to go for ask but they’ll be looking at 100k paper losses by spring, more if you include the transaction costs. thats a lot of money to get the keys before 2008.
You are all missing out on how well the rennovation was done, the spaciousness of the rooms, the well-appointed fixtures, and the 321 school district. This goes for asking easily.
At the linked page for Coldwell Banker, they do not know how to link a google map page. How incompetent could they be? After all, this is what they do for living and can’t get their act together.
Pretty amateurish and I would stay away from them.
I love how CBHKG hides the fact of only 1BA. Say it loud dammit! And show me a freakin’ floorplan.
3 bedrooms and just one bathroom? Is that even legal under zoning? What a horror show is you have teens.
AH
The incredibly low 440 a month certainly offsets a higher price.
Most places this size would easily have a 1000 a month maint.
This seems like a good buy.
That’s a pretty good price. we live now in a very similar place on the UWS, but our maint. is 1150/mo. And our school district sucks. can’t beat having the mortgage paid off.
I’ll bet it goes for ask or a bit under, seeing that the mansion tax kicks in at 1m. I wonder about the pricing strategy, though. I might have asked $950k just to give buyers the illusion of some wiggle room under 1m.
I’m guessing the 1 bath may be a turn off for some people.