1509-Bergen-0310.jpg
marty-1509-bergen-0310.jpgCorcoran made its first foray into the subsidized housing world this past weekend with the launch of The Maynard. Named after the Joan Maynard, the founder of the nearby Weeksville Heritage Center, the new co-op at 1509 Bergen Street held its first open house on Sunday, which was attended by Marty Markowitz and other local pols. There are 47 units available; the cheapest of the ones that have been posted on Corcoran.com so far is a 648-square-foot one-bedroom for $164,500 (which is, coincidentally, the price we paid for a 900-square-foot prewar one-bedroom on the Upper East Side in 1996…but we digress). Parking spaces can be had for an extra $10,000. The kicker is that you can finance the purchase through SONYMA with just 5 percent down. GMAP


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  1. From what I’ve seen so far you can buy an existing one bedroom that needs work for about the price listed above (I’ve actually seen some going for less). They also tend to be much bigger than 648 sqft considering how old some of the buildings are.

    I’ve been looking for an established co-op to buy into and I’m willing to pay the price above for something that needs work, especially if it’s bigger than this place.

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