Co-op of the Day: 62 Montague Street
A sponsor unit at 62 Montague Street in Brooklyn Heights has just hit the market. The 1,350-square-foot apartment has three bedrooms, two baths, a dining room and an eat-in kitchen. The sponsor has clearly just redone the kitchen and bathrooms—not particularly well, but not offensively either. While the listing wins big points for architecture and…
A sponsor unit at 62 Montague Street in Brooklyn Heights has just hit the market. The 1,350-square-foot apartment has three bedrooms, two baths, a dining room and an eat-in kitchen. The sponsor has clearly just redone the kitchen and bathrooms—not particularly well, but not offensively either. While the listing wins big points for architecture and location (steps to the promenade), some folks won’t be thrilled with the fact that it’s on the ground-floor on the street side. For $1,425,000, think that’ll be a sticking point?
62 Montague Street [Squarespace] GMAP
62 Montague Street [NY Times]
Not true 2:03, 2:04. I would actually go and see this co-op, BECAUSE it is no board approval. Personally, I DO have a problem baring my entire financial and personal life before a co-op board, and I’ve purposely ruled out co-ops in my search. I value my privacy too much, and I doubt I’m the only one. I’ve been looking at pre-war condos and/or sponsor units. I will be there Sunday, and no, I’m not the owner.
2:04, sure, but sponsor apts are always “no board approval”. they don’t come up often so they’re desireable — everyone has to pass board but you!
“No board approval neccessary.”
But board approval is one of the POSITIVE things about a co-op.
Looks nice, not a lot of 3brds in area, the block is pretty quiet and the maint — while high — is about normal. Wish you had a floorplan. is it on the Squarespace site? Can’t get it to work. I’m going to say it’s a 1.3mm sale. Is it ‘no board approval’? As a sponsor unit it should be and that’s always a plus for some people.
This is the residential part of Montague St. There are no shops on this end of the block.
It isn’t that busy most days.
The price is about 5-10% too high. The fact that there is no doorman does not compare favorably with other nice coops in the vicinity. Especially the one across the Street and the ones on Montague Terrace and Pierrepont Terrace. A doorman is a huge convenience as is a good live-in super. That’s what coop life is all about. Assisted living for the frantic working person.
Sponsor here again.
By the way, as the sponsor, you don’t have to go through the pain, hassle and invasion of your privacy by the co-op board. No board approval neccessary.
Looks nice, not a lot of 3brds in area, the block is pretty quiet and the maint — while high — is about normal. Wish you had a floorplan. is it on the Squarespace site? Can’t get it to work. I’m going to say it’s a 1.3mm sale. Is it ‘no board approval’? As a sponsor unit it should be and that’s always a plus for some people.
I don’t know why you are screaching about 1000 psf for a co-op in BH. That is the going rate. So are the maint. costs.
Even Park Slope (most would consider a less expensive neighborhood than BH) commands 1000 psf for some of the nice co-ops in the North.
You really need to look around more.
You will find this property is really the going price for 3 bedrooms in BH and other areas of Brownstone Brooklyn, for that matter.
The maintenance is very high.