Foreclosures of the Week: Co-op Edition
A couple nice co-ops are on the foreclosure block this week. First up, Apartment 12E in one of the Clinton Hill Co-ops at 200 Waverly Avenue. Apartment 12E (which we assume is a one-bedroom) sold for $345,000 last April and the current lien is just $161,312. Over in Kensington, Apartment 7J, which has a lien…
A couple nice co-ops are on the foreclosure block this week. First up, Apartment 12E in one of the Clinton Hill Co-ops at 200 Waverly Avenue. Apartment 12E (which we assume is a one-bedroom) sold for $345,000 last April and the current lien is just $161,312. Over in Kensington, Apartment 7J, which has a lien of $131,456 against it, will also be going up for auction. Both properties will be auctioned at 360 Adams Street, 2nd floor, at 3 p.m. tomorrow. Purchasers must put down a 10% deposit with their winning bid.
200 Waverly Avenue [PropertyShark] GMAP
495 East 7th Street [PropertyShark] GMAP
I really hate those Clinton Hill co-ops. Although the spaces inside are quite large, they are so aesthetically ugly and structually the same as the projects. Some of the characters who hang outside of them too seem questionable.
-sg.
3:30 –
WHAT?????????????????
Stop knocking chaoc, its a great complex to live in. Gritty enough for the locals, nice enough for the newbies. Maybe even The What would like it there. He would get to keep it real, whilst also getting fresh direct delivered.
Havent heard anything about forclosures in them either. let me know, I’ll get some friends to buy in.
In tonight’s project meeting I meant co-op we will be discussing pissy stairways, and broken elevators. Are the issues related?
Really 2:39. How many leaky roofs and water heaters do you think that we brownstone owners have to deal with? How much time would it take to make a phone call if you did need work done? You end up spending more in maintenance charges over a year than a good owner of a well cared for brownstone does. Oh, and I still have plenty of time and mony for travel.
I’m so jealous 2:51 we own several townhouses and can never take a vacation. What am I doing wrong?
They still are projects. Only now they are filled with suckers willing to” buy in” to be there.
2:39 – I choose to live in a coop because I don’t have the time, or patience, to deal with a blown water heater or a leaky roof which is why I choose coop ownership. And it allows me to take the vacations to Europe, Tahiti and world cruises as often as I want.
2:42 – these buildings were never projects, they were built to house Navy personnel when the Brooklyn Navy Yard was active. They were never NYCHA residences like Walt Whitman or Ingersoll.
I remember when those building were projects