Co-op of the Day: 16 Lincoln Place
The asking price on this third-floor 2 1/2 bedroom co-op at 16 Lincoln Place in Park Slope was just trimmed from $615,000 to $599,000. The apartment next door, which is of a similar size but probably not identical layout, sold for $615,000 back in September of 2006 so this has to be in the right…
The asking price on this third-floor 2 1/2 bedroom co-op at 16 Lincoln Place in Park Slope was just trimmed from $615,000 to $599,000. The apartment next door, which is of a similar size but probably not identical layout, sold for $615,000 back in September of 2006 so this has to be in the right ballpark. The apartment is pretty non-descript, though we suspect most potential buyers will at least think about tweaking the bathroom and kitchen. The maintenance is a reasonable $611 per month. We suspect a deal will get done pretty quickly at the new price. Agree?
16 Lincoln Place [Corcoran] GMAP
this place would be around 2500 to rent and its 3500 a month to buy.
thats shit when you can have 2 or 3 roommates with $2500 to rent
where is this “most viewed” link? i think you mean “most recently viewed” at the bottom of the homepage after you just looked at the listing…
who moved my cheese?
Once again- this HOTD is now the top viewed corcoran property according to their site….
Generally speaking, the price seems ok for a 2B apartment with a decent layout on the western edge of PS.
But this apartment seems to have all the bad that comes with a prewar apt. and none of the good.
It looks old and run down but doesn’t possess any of the pre-war detail or charm that makes the b’stoner crowd drool.
This apartment looks to have been through one or two cheapo renovations in the past. You’d have to spend another 25-40k to bring this up to date. Then you have the equivalent of a modern, new construction condo in the shell of a pre-war coop.
Seems like a lot to ask for a 1st time buyer who also needs to come up with the 120k down payment. I assume this apartment would mostly appeal to a couple buying their first home. Maybe it would also appeal to someone trading up from a 1b but I would think someone trading up would want to get a little more.
All that said I bet it still will sell within 5% of the current ask because there isn’t that much out there that is better in this price range.
“Less than 800 sq ft is a college starter apt, not for grown ups”
Thank you, out of town correspondent. Keep those cards and letters coming, and do try to visit our fair city some day.
I like cheese, but not as much as we all like Park Slope.
a college starter apartment in Raleigh, NC
wow 800 sq ft is a college starter apt :O. i guess you must lived in a mansion all your life.