Co-op of the Day: 273 Sixth Avenue FSBO
Nothing like a good FSBO site to put your average broker listing to shame. Of course, when creating a nice listing, it helps if the apartment itself is a winner, which this three-bedroom on 6th Avenue between Garfield Place and 1st Street is. It’s a floor-through that actually works as a family apartment because of…
Nothing like a good FSBO site to put your average broker listing to shame. Of course, when creating a nice listing, it helps if the apartment itself is a winner, which this three-bedroom on 6th Avenue between Garfield Place and 1st Street is. It’s a floor-through that actually works as a family apartment because of the 23-by-70-foot floorplate. The wood details look like they’ve been carefully restored and even the paint colors (although we all know that shouldn’t matter, right?) are spot on. We suspect there will be little disagreement about whether this is a nice apartment. What about the asking price of $1,025,000? Worth it?
273 Sixth Avenue, 3rd Floor [FSBO] GMAP P*Shark
nice touches yes but doesn’t it really come down to space in the end? the bedrooms are small, the hallway extremely narrow and there is very little closet space. my guess mid 900s
Open house was busy, but not overwhelming.
The place is quite nice — the pictures do a fine job of capturing the apartment’s unique touches.
My guess is that it goes for slightly over asking price, very soon.
Norman Mailer lives across the street from me in a 4th floor walk-up. (An issue now but not an issue until recently)
“walk up apartments (aka tenements) are for young adults starting out, for poor people, or for people on rent control.”
sorry but this is idiotic on many levels. do people not spend millions of dollars on mansions in the suburbs with often 2, sometimes 3 flights of stairs.
are you stupid???
Oh, bitter 7:41 & 7:42, always crying about the impending skyfall and preaching doom and gloom.
Given the high transaction costs of buying and selling real estate, not to mention the general pain of moving, people do not panic and sell at the hint of a rate hike or decline in propery value.
If you are in a place for about 5 years, you will likely ride out any downturn.
If you do have to sell for less than you paid, then whatever else you buy will be less money as well.
The key is to have enough equity in the property so that if you do have to sell for less than you paid, you will get back at least what you owe the bank.
If you can’t manage 20% down and think you may have to move within 5 years, then do not buy an apartment.
what’s the AC situation? I assume there is no central, but I also don’t see any window units
that 3:21 place seems by far the best value.
A third floor walkup is not a tenement. If you want to stay out of a wheelchair in your old age and live a longer healthier life, a walkup is a good choice. Nine or ten floors would be better, but three is something.
Besides a 3 to 4 million dollar tenement apartment in the city costs more than most houses in Brooklyn. Actual tenement apartments are generally in much better locations, they have high ceilings, and over the course of the last 100 years have been gutted and had bathrooms and other modern day essentials added.
I hope we don’t have to hear the “a family of four needs at least 8000 sq ft with six baths and twelve dishwashers!!!!” arguement again. That and the troll’s “I was shot 57 times on the PLG House tour!!!!” just wears out my eye rolling muscles.
Even without the outdoor space, small bedrooms and walkup I think this place is a winner for the price. I don’t think the maintenance is that high for a 3 bedroom.
Given the nice layout, quality of the apartment, and overall size I think it will go asking price or higher.