Co-op of the Day: 205 Warren Street, #2A
We love the former Catholic school building at 205 Warren Street that this 1,300-square-foot loft apartment’s in. Built in 1887, the former St. Paul’s Parish School is now a 27-unit co-op. The second-floor apartments have 14-foot ceilings, making them ripe spaces for loft mezzanines. Two other similar apartments have sold recently, #2E for $995,000 this…
We love the former Catholic school building at 205 Warren Street that this 1,300-square-foot loft apartment’s in. Built in 1887, the former St. Paul’s Parish School is now a 27-unit co-op. The second-floor apartments have 14-foot ceilings, making them ripe spaces for loft mezzanines. Two other similar apartments have sold recently, #2E for $995,000 this past July and #2H for $990,000 back in the summer of ’06. Based on those data points, #2A looks priced on the money to sell at $995,000, unless you think the market uncertainty of recent months merits a discount. Man, those windows are to die for.
205 Warren Street [FSBO] GMAP P*Shark
Former Catholic School on Warren Street [Brownstoner]
Residential Sales 6/2/06 [Brownstoner]
Say Mr. B, my comments are being held for approval EVERY TIME I post.
Is this happening to everyone or am I being singled out for this honor :-)?
6:21, people come to this site for lots of reasons, but no one comes here because they want to “get along” with others.
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Montrose reliably scores 10+ and 10+ on both scales
Cobble Hill, as mentioned, is very pretty, has a well-regarded elementary school, short commute to Manhattan, lots of nearby shopping and restaurants on Court, Smith, Atlantic. Nice little park, as well. Even though I agree that the layout has issues, the fact that there have been recent sales in the building at 900K plus convinces me that it might go for asking. (Yeah, I’m hedging with “might”.)
This thread is so depressing.
I love the Cobble Hill vs Park Slope squabbles. Sheesh. Can’t we both just get along? And then gang up on Fort Greene? Then we can declare peace with them, and all three beat up on Clinton Hill for a while. After which we can make peace and agree to all give BedStuy or Crown Heights a good smackdown.
Cobble Hill’s greatest appeal is to families. It has a terrific public school and great kid-friendly activities.
The problem is that I doubt very much anyone with a kid would consider this apartment. I know lots of people with kids who live in these kinds of apartments, but that’s because they bought them before they thought about having kids, and lived for a while in it. But they always eventually moved, and if they were investing in a place of their own, their biggest priority was to have two separate bedrooms. I don’t know anyone with kids who has intentionally bought a place where only 1 bedroom was private. Especially if the price is nearly 1 million dollars.
So perhaps a single person or a couple who isn’t thinking about kids will buy it. But that is really the main market for this kind of layout. And it’s families who are clamoring to live in Cobble Hill.
Damn, I spent enough time in Catholic school. I would have to have a team of feng shui specialists, Buddist priests, Catholic priests, exorcists, etc. something to expunge the vibes of a century of students having their butts kicked and smacked around.
5:13, the pics were not of specific apartments.
And I don’t quite understand the pricing of that building in Tribeca. 985K for a 1 bedroom, 1 bath 688 Sq. foot apartment, but 1.25 mil for a 3bed, 3bath 1500 sq. foot apartment.
Does anyone else think this pricing is a little off (too close together)?