Co-op of the Day: 801 Union Street #2
The owners who are selling this second-floor co-op at 801 Union Street claim that the offering price of $825,000 is less than all the brokers who keep calling them say it’s worth. We’d agree. We suspect most brokers would be trying to pawn this two-bedroom off in the high $900,000’s. Given the location (steps from…
The owners who are selling this second-floor co-op at 801 Union Street claim that the offering price of $825,000 is less than all the brokers who keep calling them say it’s worth. We’d agree. We suspect most brokers would be trying to pawn this two-bedroom off in the high $900,000’s. Given the location (steps from Union Market) and the charming original detail, $720 a foot seems like a good deal to us, especially since the maintenance is only $636. Would you agree? Anyone make it to the open house yesterday?
801 Union Street [FSBO] GMAP P*Shark
Facade photo by Kate Leonova for Property Shark
We looked at a nice place up the block from this a few weeks ago and the sellers were doing the same thing–big price cut for no-broker. But that one was more than $100,000 less than this one. When we called a few days after the open house, it was sold. Don’t know for how much, but I’m sure it was way above asking.
Seems like people in PS are going the no-broker route lately–perhaps to the benefit of buyers???
The exterior photo of the building looks wrong… why are there no bay windows?
Nice details.
The fact brokers are claiming they can sell it for more money means nothing whatsoever. They always overprice things. And secondly, there are tons of brokers without listings and making no income right now. Of course the brokers are calling all the FSBO’s and claiming they can get them more money.
The cons: The living room is tiny. About half the size of our own 2BR coop we sold a year ago for under $600,000 on a prime Park Slope block. I would not have called any room in this place “sprawling”. Also Union Street, mmm, I wouldn’t consider that an awesome location simply because it’s “steps from Union Market”. That there is a noisy street. Buses. Firehouse. Heavy traffic. It doesn’t make it a bad place to live. It’s just not a selling point.
They need to post a floorplan because the photos are very very confusing. I can’t tell where anything is and that confusion makes the place seem like some kind of maze of tiny rooms. Which actually I suspect it is.
Lastly, they can’t get this price without laundry inside the unit. That’s a big downside. Honestly, I think this place is as much as $100,000 overpriced.
12:48…
once again i am amazed by people who don’t know how to read.
if you had actually looked at the listing you will clearly see that they are listing this under what it’s currently valued because they are doing it themselves thus not paying a broker’s commission.
you are one of those people that just likes to spout stuff without even thinking.
it makes no sense.
No way–it’s overpriced. Brokers may try to lure them in with high $900s, but there’s no way that’s what they could get for the place. Nice try on their part, though. I’d say mid-700s, tops…
No way–it’s overpriced. Brokers may try to lure them in with high $900s, but there’s no way that’s what they could get for the place. Nice try on their part, though. I’d say mid-700s, tops…
need a floorplan, but I do think it’s probably reasonable. a 2bed/1 bath that needs a new kitchen isn’t going to be more than 875 tho
Where’s the bay window facing? Seems narrow and overpriced.
why are they being “So gracious ” as to give it away under what all those brokers are saying? seems sketchy to me that they are willing to eat 75k – or maybe they are just one of the last good guys left in park slope who really do not need 75k? since a 2 bedroom walk up closed on president street top floor for 640k (look in recent sales above) that perhpas they are wrong dead wrong about their “generous” pricing.