Open House Picks: Apartments
Clinton Hill 93 Lexington Avenue Loft Co-op Anne Peabody Sunday 1-3 $1,500,000 GMAP Brooklyn Heights 75 Livingston Street, #6C 2 BR Co-op Corcoran Sunday 12-2 $1,075,000 GMAP Park Slope 478 3rd Street, #4L 3 BR Co-op Aguayo & Huebener Sunday 1-3 $979,000 GMAP Williamsburg 450 Manhattan Avenue, #5A 2 BR Condo The Developers Group Sunday…
Clinton Hill
93 Lexington Avenue
Loft Co-op
Anne Peabody
Sunday 1-3
$1,500,000 GMAP
Brooklyn Heights
75 Livingston Street, #6C
2 BR Co-op
Corcoran
Sunday 12-2
$1,075,000 GMAP
Park Slope
478 3rd Street, #4L
3 BR Co-op
Aguayo & Huebener
Sunday 1-3
$979,000 GMAP
Williamsburg
450 Manhattan Avenue, #5A
2 BR Condo
The Developers Group
Sunday 1-4
$799,000 GMAP
“If they are coops, 11:55, the building would not approve the seller selling for lower than recent comps.”
I’m not 11:55. Is this true? Does it also apply to condos? What if the market changes, though?
I’m looking at a condo and thinking of offering 15% less than listing. There is 1 comp in the building at about the listing price, but it was sold in July.
That PS price is tough for 4th floor, but it looks to be in good shape. I do like the BH place, a lot of room for the money.
As for the loft, since there are no comps anywhere, it’ll be up to the market to decide. Problem could be if the decor is TOO funky for most people. I might pay that much if it were to my taste, but otherwise no.
If they are coops, 11:55, the building would not approve the seller selling for lower than recent comps.
Offering a full $100,000 to $200,000 less should not be expected to have much success. If you can spend low $900’s you need to look at condos and coops listed at $950,000 maybe $975,000. Not over a million. You’re looking in the wrong price bracket and spinning wheels. Sellers will take less but not 20% less.
For an “artist live/work loft”, that Clinton Hill apartment has no natural light at all. It’s depressing and dark. Can’t imagine what kind of artist would want to work in that, since that seems to be the targeted buyer.
we’re all doom!!! the what said something that made sense.
I would have thought I could find somethign at $800-900 (the upper end of my ideal price range), but the places we’ve seen at that price have been pretty disappointing. As I mentioned above, we bid in the low $900s on two that were asking $1.1-1.2, but they rejected and haven’t come back to us even though the apartments remain unsold. I suspect that either the owners aren’t motivated or the Brokers don’t want to set lower comps – probably hoping for a bonus season pickup.
The PS coop is typical of what we saw when we looked at 3BR condos in PS. A million for 1000-1100 on average square feet. We just couldn’t bring ourselves to do it. The bedrooms are tiny in all these 3 BR places in Park Slope, and almost always the 3rd bedroom would be carved out somehow so it would be a windowless, interior room. So they’re not really 3BR units they’re a 2 BR + office. Big difference. I suspect this unit is like that, b/c of the lack of a floorplan or photos of the so-called 3rd bedroom. I don’t even know how they get away with calling those layouts 3 BR.
I agree that I’m not the typical first time buyer, but I know a lot of young professionals like me in their early 30s who moved to NY after grad school but who no longer think it makes sense to buy the space they need even though they are able to.
you can still find some lovely 2 bedrooms in park slope for around 700K or so. take a look around. i think i saw a nice one listed on lincoln place last week…
definitely for 800K you should be able to find something…