Just Sold in Brooklyn
BROOKLYN HEIGHTS $461,000 135 Willow Street One-bedroom, one-bath co-op, 550 square feet, with roof deck; building features doorman. Maintenance $610, 30 percent tax-deductible. Asking price $485,000, on market three weeks. Broker: Danielle Mosse, Brooklyn Heights Real Estate. CLINTON HILL $225,000 195 Willoughby Avenue Studio co-op, 500 square feet, with separate kitchen, hardwood floors and N/W…
BROOKLYN HEIGHTS $461,000
135 Willow Street
One-bedroom, one-bath co-op, 550 square feet, with roof deck; building features doorman. Maintenance $610, 30 percent tax-deductible. Asking price $485,000, on market three weeks. Broker: Danielle Mosse, Brooklyn Heights Real Estate.
CLINTON HILL $225,000
195 Willoughby Avenue
Studio co-op, 500 square feet, with separate kitchen, hardwood floors and N/W exposures; building features doorman, parking, courtyard, laundry and live-in super. Maintenance $355, 33 percent tax-deductible. Asking price $225,000, on market 9½ months. Brokers: Paul LeMarc Brown, The Corcoran Group and Alex Haven, City Connections Realty.
Just Sold [NY Post]
Yeah my studio in this building has combined monthly payments of under $900, before deductions and the like.
Luckily, I don’t have to consider that move, Alsawo. I own my place and can comfortably afford my mortgage payment which is quite a bit less than I’d pay for a comparable rental.
And I did not move to New York City to live in New Jersey. I’m not a fan. I love Brooklyn and hope to live here for many, many years to come.
I’d possibly consider Portland, Oregon somewhere down the line, but in my line of work, New York is really the only place to be. I’d probably leave the country, if I were to leave NYC.
This election cycle I think is pretty much sealing the deal on the middle of this country becoming a wasteland for progressive thought. Kansas, Nebraska, Idaho, Utah with over 65% of the population supporting McCain/Palin? Yeah, I don’t think I’ll be moving there anytime soon…
11217, point taken. So you’d never flee to the Midwest, but you say you don’t WANT to consider anywhere but NYC. So does this mean you might have to think about places like Jersey City, though, because prices in NYC are prohibative? I think it’s too bad some people who’d love to live in NYC can’t. That’s all I’m saying.
With 20% down, a $225,000 house works out to $1094 a month before the tax deduction. Not affordable to everyone, no…but darn good to live by yourself in this city…
Alsawo: What makes you think people working in the arts want to give up their lives here to go work at Walmart in the Midwest? As someone who works in the arts, I can tell you that I’d NEVER consider living anywhere but on a coast…and actually don’t even want to consider anywhere but NYC…
Um I’m not worried about a mass migration from Brooklyn to the midwest….
Young people who work in nonprofits and move to New York need to a) be married to someone who sucks in the big bucks, b) have family money, c) have a family member with a big house in the city where they can live before meeting and marrying someone who sucks in the big bucks.
Otherwise, they can find a studio in Jersey City, or Inwood, or a place like that. People are resourceful, if not, they do not belong in the Big City.
I don’t mean Clinton Hill natives, but young people who work in nonprofits or the arts and come to Brooklyn after college, but then leave when renting gets old and they can’t afford anything.
How many people would actually ever make a move from Clinton Hill (or any other part of Brooklyn) to the Midwest??
And even those to whom its affordable don’t necessarily want to live in a studio. It’s sad how many smart, interesting young people the city is going to lose when they start families and decide a three-bedroom home in the Midwest is better than a tiny studio in Clinton Hill.