Co-op of the Day: 2 Grace Court, #6G
While we have a few nits with this two-bedroom co-op at 2 Grace Court (lack of crown moldings, new-looking closets and doors, cheesy ceiling light/fan), overall it looks like a very solid listing. It’s on the top floor of a prewar building on a very quiet street just off the promenade. There’s no floorplan, but…
While we have a few nits with this two-bedroom co-op at 2 Grace Court (lack of crown moldings, new-looking closets and doors, cheesy ceiling light/fan), overall it looks like a very solid listing. It’s on the top floor of a prewar building on a very quiet street just off the promenade. There’s no floorplan, but the photos look like the layout is pretty generous too, though some apartment hunters may not like the fact that there’s only one bathroom. The asking price of $769,000 doesn’t sound crazy to us either. There’s an open house on Sunday from 12 to 2 p.m.
Co-op of the Day: 2 Grace Court, #6G [Brown Harris Stevens]
Co-op of the Day: 2 Grace Court [Brownstoner] GMAP
Co-op of the Day: 2 Grace Court, #1J [Brownstoner] P*Shark
oohlala: It’s all about personal preference and people have their reasons for choosing any of these great areas. As you can see, I live in the heights but have friends who live in PS and I love PS.
Nothing personal, but the reality is that there is a “pecking order” when it comes to pricing in these neighborhoods. The same apt costs more in Manhattan and less in Park Slope. Not everyone lives off the park or has views of lower manhattan.
I’ve gotten way off topic here, so I’ll add that this is a great block – no traffic (just like much of the hts) which is one of the reasons we moved here when we were going to have kids. I think the most attractive quality of this apt (besides two full bedrooms) is the dining area. Most 2 bdrms don’t have one (this size anyway) and it has windows. Top floor light and full service bldg doesn’t hurt pricing either.
As to schooling, I think you’re greatly underestimating the major turnaround in the Hts public school system in the last 5 years. As a parent of a child in PS8 (which is a GREAT public school), there are many Hts kids of professional parents that go to the school who could afford private school if that was the path they preferred.
kconway: well, I disagree with your “logic”. you absolutely CAN compare the Heights to the Slope or CGdns. Yes, transportation is important but so is education and someone buying a 2 bedroom may want a 2 bdrm in a GREAT school district and both PS and CG are GREAT school districts. Unless you spend $ for pvt school you are now adding 25K a year for pvt school in the Heights cause you ain’t getting a GREAT public school district…Not even comparing the cosmetics of an apartment (details or paint job)that appear similar in size, style, condition but living on the Park vs. living one block off the Promenade…priceless!
Used to live in building. I am pretty sure this apt. is not facing BQE – so apt is bright and quiet. Few places have multiple exposures. Those are things you can’t ever change – but moldings and light fixtures are an easy fix. No point in looking back at prices, but compared to other BHts listings this is well priced. You don’t want to live on promenade access block – too much transient traffic – this way you get nice dead end and promenade is just around the corner. Can’t compare BHts with PkSlope or CGdns – commute much better – Manhattan is more comparable to Hts real estate. Wish I had the dough!
So I don’t get why this is considered a good price when this building sits right above the BQE and 2 bdrm/1 bthrms that are right on the Park in Park Slope can’t even command 700K anymore.
Christopher!
“A few years ago a 2 bed on the first floor sold for about $500,000 so $700k a few years later, a few floors up, and after Lehman? Not horrible pricing in my opinion.”
Seriously?!
$500k –> $700k in a “few years” is acceptable? Sustainable? Not completely retarded?
(yeah, we might be apples to oranges a bit here… But still!)
True, Saminthehood, but the maintenance is also almost $700 a month higher on this place, plus the price is 70K higher.
Not sure about the school situation here, but PS. 321 is considered pretty good.
Oh, and it’s not a 3 minute walk to a huge park, so I’d say it all averages out…
This one has better access to Manhattan and the fact that it’s in BK Heights which is very attractive to some. Oh and the full service aspect.
12 feet – narrow? Try the 9 foot LR space on the carroll street coop posted yesterday!
nice place where you could lead a pretty nice life. of course, you’d lead a better life keeping your downpayment and renting it for $3k a month.
Isn’t 12′ width pretty standard for most brownstones? When one factors in the stairs and the entry hall, they are often even a bit narrower.
The layout feels very friendly to me. I like that there is a bedroom “wing” and that the floorplan flows.
The ceiling fan/light fixture in the dining room needs to come out pronto. They should invest in an “artichoke” chandelier, zettel z, or something equally interesting to replace it.