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This batch sure didn’t set the woods on fire. Someone have a clue re: 15 Irving?
Open House Picks, 9/14/07 [Brownstoner]


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  1. If you buy in the North Slope for 2.5 million…a 4 or 5 story…each floor would rent for about 2500-3000. Times that by 4 = 12,000 or 15,000 a month.

    Seems like that would cover the mortgage to me.

  2. This thread is starting to sound like a conversation with subarbanites about how long their commutes are. They all say things like 37 minutes or 49 minutes. That’s the time the trains takes to get from their local station to Grand Central, Penn Station, etc. 4:00 only notes the point in passing that all these 15 minute trips to Union Square does not factor in walking to the station, waiting 5-10 minutes for a train, the delays due to congestion ahead (which makes you wonder what congestion since the last train was at least 5 minutes ago) and then walking to work. On a good day it takes me 35 minutes door to door to midtown and I get on the R train at Boro Hall.

  3. 2.21, you asked what neighborhoods can you buy for market rent prices? Kensington. A friend has a one bed there that she pays the same in mortgage and maintenance as the market rents. The co-op buildings in Ditmas are the same way, I believe.

    And in my experience the Q from Cortelyou to Union Square is consistently about a 25 – 30 min ride. That’s a longer commute of course once you factor in getting to the stations.

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