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FSBO: Clinton Hill One Bedroom
430 Clinton Avenue, 4D

6-16-fsbo.jpgLocation: Clinton Hill, Brooklyn
Size: 785 sq ft
Type: Condo in an elevator building
Price: $495,000 $475,000 (10% down)
CC/Maint: $417
Contact: Michael @ 917.459.5339 email
Website: 430 Clinton Avenue or NYT listing

 
 

fine-floorplan.jpg

Pitch: Large one bedroom, one bath in historic Clinton Hill. Mint condition, newly renovated, sun-drenched condominium. Brand-new kitchen with stainless steel appliances, natural black slate floors, caeserstone countertops and custom wood cabinets. Brand-new bathroom renovated with Kohler fixtures. Original hardwood floors throughout. Layout is large and loft-like with a 29x13 sun-drenched (southwest-facing) living room/dining room area and open kitchen with island. Bedroom is 14x12, airy and sun-drenched by an extra-large, west-facing window. Ceiling fans in bedroom and living room. 3 closets for ample storage.

• Laundry
• Storage
• Elevator
• Live-in super
• 1 block to Clinton/Washington C & G trains 10 min. walk to Atlantic Ave. trains
• Pets OK

(Images: Michael Fine)

(FSBO stands for For Sale By Owner. Owners are welcome to submit to: newyork (at) apartmenttherapy (dot) com and put "FSBO" in the subject line.)

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FSBO, real estate, floorplan

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Comments (20)

Sounds like a good price for Brooklyn. I love this place -- the light, the size, the price. I'd buy it if I lived in NY. Great kitchen!

posted by Forestdweller on February 23rd 2009 at 6:12pm
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I love the kitchen! It's bright and the color of the cabinets is awesome.

posted by modernguy on February 23rd 2009 at 6:31pm
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...but does it ever get any sun?

posted by Rob in PDX on February 23rd 2009 at 7:08pm
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10% down doesn't seem like much in this market

posted by sn0804 on February 23rd 2009 at 7:13pm
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"...but does it ever get any sun?"

"Bedroom is...sun-drenched by an extra-large, west-facing window."

...which means that the living room windows face South.

posted by bepsf on February 23rd 2009 at 7:14pm
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nice place, but I would be afraid of drowning in all the sun.

i also don't get where people get the idea that 20-30% down is the standard in NYC, or at least Brooklyn. i've been shopping for a place in this neighborhood for the last year, and anything other than 10% is definitely the exception. just look at corcoran or brownharrisstevens for clinton hill/fort greene/prospect heights, for those that are insistent that coops require 50% and a cavity search.

of course, that doesn't say anything as to whether or not you'll be able to secure financing. the bank might have something to say about 10% down in this market, but that's a different story.

posted by amt230 on February 23rd 2009 at 7:18pm
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I live down the block. The neighborhood is beautiful and it is indeed a very pretty apartment but it's waaay over-priced for a one bedroom, one bath in this market. The seller would get a lot more interest with a $50-60G reduction. An apartment of comparable size and maintenance with better details sold in my building for $450G's at the height of the market. Hope the seller isn't in a rush to sell.

posted by Veruca on February 23rd 2009 at 7:20pm
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I think you missed the sarcasm directed toward the triple reference to "sun-drenched"-ness

posted by amt230 on February 23rd 2009 at 7:22pm
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(sorry if this is a duplicate)

I live down the street. It is a beautiful neighborhood and indeed a very pretty apartment but it is waaay overpriced for a one bedroom, one bath in this market. Seller would get much more interest with a 50G to 60G reduction. An apartment of comparable size and maintenance with better details ( taller ceilings, fireplace etc...) sold in my building for $450Gs at the height of the market. Hope the seller isn't in a rush to sell.

posted by Veruca on February 23rd 2009 at 7:25pm
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nice place, wish it was in san francisco, hehe.

posted by stylist jasmine on February 23rd 2009 at 8:30pm
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Holy Cow!

I've re-lost my NYC perspective. I just moved out of Manhattan a month ago to the SF Bay Area and can't tell if this is a good deal or or not anymore.

I'm thinking this would have made me drool a couple of months ago. How is the real estate market in NY right now?

posted by Thomas on February 24th 2009 at 1:38am
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I live in the neighborhood too and have been looking for a while. this is the only place i've seen that's renovated beautifully and isn't a new devel./cookie-cutter apt. There may be cheaper apts in the clinton hill co-ops but those places feel like the projects. I really love this place!

posted by sophiegirl on February 24th 2009 at 8:33am
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We lived in the Clinton Hill Coops for 9 years and though the buildings are not fancy. I had some of the nicest neighbors I've ever had. They are solid and fairly well managed. And you could get a 1000 sq ft real 2 bedroom for the price of this apartment. They are definitely worth a look.

posted by homebody on February 24th 2009 at 2:31pm
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wow - what a great looking place. i live on that block and have been looking for a while. nothing pre - war has been renovated that nice and has that much light. the price seems pretty good considering everything else tends to be cheaply done.
i am definitely going to check this place out.

posted by myfriend on February 24th 2009 at 2:41pm
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homebody: I've been curious about the Clinton Hill Coops for years. I live in a garden apartment in a brownstone down the street and have coveted the great views and big spaces CHC seem to have. How difficult is it to get approval for renovations? And how frequently does the maintenance go up?

posted by Veruca on February 24th 2009 at 7:06pm
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bepsf, I was kidding. They used the term "sun-drenched" THREE times in that tiny paragraph. On first use, it's descriptive. By the third time... ohhh geez.

I sure do love that kitchen though. It's gorgeous, and probably sun-drenched too.

posted by Rob in PDX on February 25th 2009 at 3:30pm
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2.5 to the buyer's agent? Isn't that an entire percentage point below market? I thought buyer's agents split the commission to 3.5. Is that a NY thing?

posted by AlexPDL on February 25th 2009 at 9:25pm
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You can offer whatever commission you want to. They can take it or leave it. In a slow market, if someone wants to make some money and thinks they have a buyer, they might be happy to get 2.5 rather than 0.

posted by MansardRoof on March 1st 2009 at 12:32am
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A 20k reduction from 495k is 4% down, not 10%. Is 600 per square foot the going rate in Clinton Hill?

posted by an on March 6th 2009 at 7:57pm
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Since when did AT start doing classifieds?
I'm selling my place. Who do I email?

posted by SeanG on March 7th 2009 at 8:46am
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