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
No floor plan, but from the photos it looks tiny. How about “we are FSBO at $825 because not even Corcoran believed we could get $850.” Unless the apartment is bigger than it appears (1000 sq ft +), I wouldn’t pay more then $725k.
Union is just fine–we lived there for years and the traffic really isn’t bad. I mean, this is NYC after all. That’s not to say this price is right; I don’t think it is. But it’s just insane to take off $ for the Union street location. I’d prefer to live there with a short walk to the subway.
I do think only houses need brokers to sell them. They’re a high-end property, houses are, and you want the presence and prestige of a large broker firm for those. Co-ops can be sold by the owner. Only if somebody works from home, though. It is a huge amount of work, between cleaning constantly, and taking calls, and taking appointments. It would be impossible to do it if you work outside the home.
the “2nd bedroom” appears to be nursery size (the crib right in front of the door seems to indicate that that room isn’t much larger than what we can see.)
also is that exterior shot a mistake? did mr. B find it on his own? it’s not on their website… it doesn’t look like a brownstone and it doesn’t have the bay window… a plan would help.
on the plus side, there does seem to be many rooms that add up to a lot of space… and there is a lot of historic character.
it should be priced about 775 tops depending on the underlying mortgage on the building
union is too loud and congested. wrong side of union for 321
That’s why we need the floorplan, 12:56!
To show us the truth, that there is a bedroom facing noisy Union Street, not the living room with its bay windows. It appears the living room is in back and there’s a bedroom in front.
Sorry, if you take out the dark wood trims, it’s a dump. How a about a check for $309,999.99.
I agree regarding the location. Union is a terrible block to live on – you get a lot of trucks deliveries to the co-op and Union Market, the fire trucks, the city bus and a lot of general traffic.
There could be bay windows in back.