Co-ops of the Day: Side-by-Side in The Heights
If you had $2.4 million to drop on an apartment in Brooklyn Heights, 24 Monroe Place and 62 Joralemon Street would be a couple of your options. The former is a traditional four-bedroom place in a 53-unit white-shoe prewar building; the latter also has four bedrooms but is in a four-unit building and has a…
If you had $2.4 million to drop on an apartment in Brooklyn Heights, 24 Monroe Place and 62 Joralemon Street would be a couple of your options. The former is a traditional four-bedroom place in a 53-unit white-shoe prewar building; the latter also has four bedrooms but is in a four-unit building and has a more modern aesthetic and duplex formation. Personally, we’d opt for the Monroe Place listing over the Joralemon option. How ’bout you?
24 Monroe Place [Douglas Elliman] GMAP
62 Joralemon Street [Corcoran] GMAP
That sound you just heard was the air going out of the market for these type of inflated prices.
24 Monroe Place lowered its price from $2.4M to $1.95M on September 18, and then was pulled from the market in mid-October.
As noted in an earlier post, 62 Joralemon was listed in May at $2.3M, went to contract above that, fell out of contract and raised its price to $2.45M in July, and then lowered its price back to $2.3M on September 18 and then lowered again to $2.0M on November 1.
“1. I wish Park Slope was just 10 minutes further than BH, but it’s not.”
But it is, Blanche, it is10 minutes (if not less) further. Express train at Atlantic, dontcha know…
1. I wish Park Slope was just 10 minutes further than BH, but it’s not.
2. There is a Key Food on Montague, less than 3 blocks from Joralemon (or Fresh Direct)
3. The best parking is in Willowtown.
4. Joralemon may be steep but this apt is at the top of the hill.
5. I think they’re both overpriced
No it won’t. We’ve always been at war with Eastasia. Pass me the Victory gin, would ya?
One day this war will be over.
No brainer – Joralemon…..aestically alone!
Park Slope is a far nicer neigborhood than Brooklyn Heights. For one thing, the Heights is full of rent-control flea bag buildings. There are so many decrepit, tumble-down dumps in the Heights (with 1950’s asbestos sided facades, bare light bulbs at the entrance, and broken sidewlaks in front)that it is surprising it still clings to its “nice neighborhood” status. The Heights is certainly “old new york” but not in a nice way. There are far better areas to in which to buy luxury apartments.
No one has mentioned the monthly common charges on these places, both of which are high-ish (1700 and 2300, respectively), which annoys. Also, I’d like the poster above who thinks he can find a brownstone in Fort Greene for $1.2 to slip me the address, baby–you’re off by at least 500K, unless it’s a crackhouse with rent-controlled tenants.
I agree with 4:27 about co-ops with smaller units. Unless, there is a property mgm’t company, the four-unit co-op is self-managed, which also means four shareholders bickering over who gets to take out the trash, call the plumber or hire the new super, and a bunch of other tasks no one wants to do. These days with people dropping over half a million and up on an apt. don’t necessarily want to deal with the practicalities of maintaining a building.