Co-op of the Day: 39 Plaza Street West
Granted ground-floor apartments have their drawbacks, but this one at 39 Plaza Street West looks interesting to us. The kitchen ain’t so hot, but the apartment has nice prewar charm and the maisonette entrance is kinda special too. On top of all that, the price of $339,000 for a 750-square-foot one-bedroom seems pretty compelling. Plus,…
Granted ground-floor apartments have their drawbacks, but this one at 39 Plaza Street West looks interesting to us. The kitchen ain’t so hot, but the apartment has nice prewar charm and the maisonette entrance is kinda special too. On top of all that, the price of $339,000 for a 750-square-foot one-bedroom seems pretty compelling. Plus, maybe you can get the broker to throw in a free neighborhood tour.
39 Plaza Street West [Douglas Elliman] GMAP P*Shark
Another anomaly: “doorman building,” except this unit apparently opens directly on to the street.
This apt has been on the market since July 2007. Original price was $375K. Very high maintenance obviously is deterring buyers.
This apartment is literally on top of the Grand’Army Plaza subway station. Based on my experience of living 100 yards away, I’d be willing to bet that the shaking from the passing trains is constant and very disturbing.
The location is fabulous. You are so close to the Park, GAP subway and shopping on Flatbush, but a quiet, protected area.
This is the price of a studio in this area of Park Slope.
So yes, it is the maintenance that makes it not a great deal.
1200 is how much my mortgage is.
that’s around 3000-3500/mo mortgage+maint, maybe 2500-3000/mo after tax deductions. not a bad deal for the location, but not a steal either.
This place is fantastically underpriced. Apart from the obvious shortcomings (ground floor, noise, security) of an apartment in an otherwise good location overall I wonder why.
Over $1K for maintenance?! Ouch! Again, why? Didn’t this building just have some major masonry work done? Maybe they’re still paying for it.
If you have a separate entrance how much benefit will a doorman bring you?
$1200 is outrageously high for that type of apt
My thought when I saw that as well, $1200 for maintenance I’d want guaranteed happy endings