Open House Picks

I went to the open house on Waverly. At first I was going to skip it b/c of the feedback but it was raining and there wasn’t much else to do today… anyway, I went to the open house next door to it over the summer. It was a double carriage house and went for about 2.2. I don’t agree that it was in better shape than the Waverly one. Everything was really old and dirty and the electric and plumbing wasn’t updated for over 25 years. Waverly is def. over priced – but what isn’t in that neighborhood. All new plumbing, electric, zoned heating, etc. It is a residential (apartment downstairs and full apartment upstairs with patio) and it has a commercial space in the garage which can be legally rented). It doesn’t surprise me that it’s listed for 1.9. That area is really taking off. You could move in immediately and rent the other apartment. It is pretty spacious and very well maintained. The appliances aren’t white – they are stainless steel. I think MK’s pics make it look worse. If you have the bucks it’s worth checking out. Area seems a little more low key and better parking. They’ll def. get 1.5 just for the great shape its in compared to some of these crap holes that haven’t had work done on them since the 70’s.

“i went to the same apartment i think, it was the 3 bedroom 1400sq ft co-op with low maint beautiful inside and low 845k price from brooklyn properties? great floorplan. there was a mini bidding war and it went 3 days after the open house for probably the ask, or a touch above, all cash i bet. I’ve not seen anything priced as well since.”

I actually made an offer on this apartment for $850K, and bowed out when it went to blind auction. It went for quite a bit above asking, from what I understand. It was a lovely apartment, but I think being on the ground floor across from the park, with a busstop right next to the MBR, would have been miserable. I thought this was a perfect example of pricing an apartment lower than normal to generate a lot of buzz.

Re recent bidding war question- yes! My neighbors house, my house and now a house across the street this past week.

I was in 969 Lincoln 2 weeks ago. It is a dirty, overpriced tenement. The broker advertises the basement apartment as a 2 bedroom, but only the front room has windows. In addition, the basement apartment has 6-7 foot ceilings and all the plumbing/pipes hang down from the ceiling at about 5 feet. I had to duck while walking through have the unit. The upstairs apartment was in equally bad shape. Dirty, dark kitchen, needed a complete renovation. The flooring was nice though – old style woodwork. This place looks like a tenement and when you go inside it feels like a tenement. The broker said the rents were in the $800/per apartment range and its easy to see why – its dirty and dark. ’nuff said – don’t believe me? go look for yourself. My broker and I could not get out of there fast enough. Oh yeah – the “garden” is about a 10×8 lot you reach from a supernarrow stairway from the basement.

Sorry, everyone. Please take note that we had the wrong days listed on a couple of the properties. Cut-and-paste strikes again. We hope we didn’t screw up anyone’s weekend.