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]
Dear 2:39- I think that you’ve presented a hyperbole, but if not, please find the list of places in Tribeca that are like this, but under 1MM. We should pitch in and buy all of them if they really exist.
Everyone’s so mad about the price of this apartment, but no one is saying what they think it should cost. Give the seller a hand pricing it fairly. Again, I think it’s 100K too high. Maybe I’m being too pessimistic. It sounds like a lot of posters here might think it’s work even less.
Price in every US city you mentioned are falling or are poised to fall. Dramatically.
Yes, You don’t get it.
I think this will go to a single person or a young couple and they will love it.
If it doesn’t work for someone with kids, they won’t buy it.
Why are you continuing to talk about it ad naseum?
There are many, MANY single people in this city who pay a million dollars for an apartment for themselves. Especially one this close to Manhattan, a new Trader Joe’s and some other really great retail in an area that only seems to be getting better.
I personally prefer Park Slope, but I can certainly see someone spending a million bucks on this place. Not even a question. This looks like a terrific apartment and I love Cobble Hill.
I hate to break it to you, 2:24 but this is also what you’d pay for a similar space in San Francisco, Seattle, Portland, West LA, Chevy Chase Maryland, Moscow, Sydney, Zurich, Dubai, London…
But somehow you don’t think these prices are deserved in New York City.
I don’t get it.
I can only guess that neither Montrose nor Sam has kids. You can’t put kids in an open area above the main living space unless you all plan to go to sleep at 8pm. Or perhaps if your kids sleep through anything, you’d be willing to consider buying this place. For the rest of us, it’s a deal-killer. And clearly, even the sellers have their kids in the master bedroom.
This apartment is fine, just not for anyone with kids, unless you take the space next to the kitchen and make it another small bedroom. But I’d rather just buy a different apartment.
B, you sound like the church lady!
I seriously question whether this exact same apartment would get $1M even in Tribeca. Yes, Cobble HIll is a nice neighborhood but get real! Who would be crazy enought to lay out this amount of cash on a rather banal loft space (especially in this market)?
i totally agree that cobble hill and brooklyn heights are excellent neighborhoods, far superior to others in brooklyn. not too many folks from these hoods maybe on this site tho.
however, this apt. is just small.
think a single person may choose a different area.
B’stoner: maybe you can start a website where you and Montrose email each other privately. What a jolly affair that would be.