Co-op of the Day: 915 President Street
This one-bedroom a block from Prospect Park will undoubtably hold some appeal for those partial to the old-school brownstone aesthetic. The co-op at 915 President Street in Park Slope has some lovely parquet floors and a nice old fireplace to anchor the living room. On the downside, the bedroom is tiny and the bathroom and…
This one-bedroom a block from Prospect Park will undoubtably hold some appeal for those partial to the old-school brownstone aesthetic. The co-op at 915 President Street in Park Slope has some lovely parquet floors and a nice old fireplace to anchor the living room. On the downside, the bedroom is tiny and the bathroom and kitchen appear not to have been touched since some time in the 1980s. The asking price of $400,000 is also $50,000 higher than any unit in the 12-unit building has ever sold for. That said, it appears to be on a high floor with nice light, so maybe it does deserve premium. Anyone in the market for a one-bedroom in this area care to weigh in?
915 President Street [Douglas Elliman] GMAP P*Shark
the park slope real estate market is on fire!
love that hood.
Wow that maint on the Garfield place is high! You’re not even getting a doorman. That would give me a lot of pause. But I’m also kind of psyched b.c. I purchase a studio nearby of the same sq. footage nearby last year for about half that price.
9:26…what part of this statement do you not understand?
“meanwhile, i’ve made about 300K in real estate.
actually made, not on paper.”
people have way more money than most people realize
“10:06 – that one will also sit on the market because it is GROSSLY overpriced. Mark my words.”
it won’t sit actually. my friend just put in an offer on the place on garfield. and i’m going to look at this one on president this weekend.
to the person that said he/she made $300k: did you sell your place and net $300k?
because if you didn’t sell, your “profits” are PAPER wealth. You don’t make profits unless you realize them.
Some of you are missing the woods for the trees. Historically rents and purchase prices always revert to a mean, that means this apartment is too expensive compared to what it can rent for. We are in the biggest housing bubble ever, and it is not supported by fundamentals. In 10 years prices have doubled, tripled. They ALWAYS REVERT. So in 10 years this will go for $200,000 max. The Bronx and Queens are already dropping prices by 10 percent and Brooklyn has a flood of condos coming to market. Add in a recesssion, what do you reckon is going to happen????
10:06 – that one will also sit on the market because it is GROSSLY overpriced. Mark my words.
there arnt cheap apartments anywhere.
shit I would buy a 200 sqf place if it was priced at 150k-200k.
THEY DONT EXIST! some people dont make enough to buy and the places arnt there. I dont care if its 1000k a sqf I just want a place under 200k