Residential Sale in Brooklyn
CLINTON HILL $935,000 429 Clinton Avenue 1,600-sq.-ft., 3-bedroom co-op in a prewar building; eat-in kitchen, granite counters, study, high ceilings, original detail, deck; maintenance $1,013, 50% tax deductible; listed at $935,000. Broker: Brooklyn Properties of 7th Avenue. From Sunday’s New York Times.
CLINTON HILL $935,000
429 Clinton Avenue
1,600-sq.-ft., 3-bedroom co-op in a prewar building; eat-in kitchen, granite counters, study, high ceilings, original detail, deck; maintenance $1,013, 50% tax deductible; listed at $935,000. Broker: Brooklyn Properties of 7th Avenue.
From Sunday’s New York Times.
anon 8:22, there was a board turndown. they don’t want people like you living there!
“the closing was 11/22”
I still don’t get it, did it stay on the market from april thru august?
The closing was 11/22/06.
“maintenance $1,013”
LOFL. Even if it is “50% tax deductible” it still represents an additional monthly out-of-pocket expense IN ADDITION to the mortgage payment.
That’s $364680 over the 30 yr. term of the loan, plus another $56000+ in interest payments assuming 6%.
I hope you’re bowel movements are smooooth and unfettered cause you’ll be paying thru the ass FOR YEARS on this one.
I saw this top floor unit, with its own private deck, thru brooklyn properties in spring. They were calling for offers that week. It undoubtably sold then.
So why is it listed as a sale representative of the market a clear nine months later!?!?
“Historic mansion” on Clinton Avenue (or equivalent) for $935k????? I’m not really in the market right now, but please, please let me know where I can find that.
2.03 pm, you cannot buy a “historic mansion” or even a brownstone in need of a major renovation for this price in this neighborhood. Maybe in parts of Bed Stuy, Crown Heights or PLG, but then it is not necessarily an “equally nice” area (using your words), or as close to Manhattan where most of the buyers of these places work.
I live in the building and yes I am not from the area, like many of the residents of Clinton Hill at this point….and we choose an apartment building over a house because we travel and did not want the responsibility of a whole house, and there is something in well cut pre-war apartments with lots of air and light (the apartments on that line, like mine, the one just sold and another one Corcoran is having an open house for this Sunday have windiows on four sides – wonders of cross-ventilation in the summer! Also the living quarters look onot our beautiful shared garden on Waverly with one of the largest maple trees I have seen… The building was built in the twenties and it is quite charming, with a grand lobby and entrances on both streets… No interest in the sale, I just wanted to defend apartment dwellers as a category…
Why not just buy a historic mansion in an equally nice and historic area in the NYC metro for that money? Brooklyn is exactly like any of the other parts of the tri-state area.
Though, the people who buy this stuff generally aren’t from the area.