apartment therapy changing the world, one room at a time

Beautiful place, and quite a price cut. But, that's some really high maintenance, and 20% down is steep right now - sounds like it's less of a "flexible board" than they'd like to admit. Still could be a great deal for the few people that have a chunk of money they aren't afraid to spend right now. Good luck!

anyone know where that dining room table is from?

What a cute girl pad. The bedroom missed but the rest is very stylish.

Isn't the table Blu Dot or CB2?

JulieD, that's the medium Strut table from Blu Dot.

The red table is the Strut from Blu Dot...not sure about the bulky wooden table in the dining room....

too bad the maintenence is that high...

20% on a co-op is low, standard is 25%--board could still be flex--they do want someone in there.

That living room wall looks like a huge game of "Space Invaders"...

For the record this is a steal of a price for these units. I've looked in this building before. That said, there was a glut that sold last year after speculation that the parking lot directly outside the window (lafayette st) would be developed. I'd have to imagine that with the limited financing available that nothing is getting built there anytime soon. It is almost inevitable however. 2 yrs, 5 yrs, etc.

The wood table is exactly what I have been looking for too, so if anyone knows where to find one like that on the fly and cheap please post! That is proper loft style dining.

Recon1, maybe you can tell me, a non-New Yorker, what the $1,758 per month maintenance fee pays for? I get that condos and co-ops need to maintain a prudent reserve for maintenance and repairs, but that seems like an excessive amount. Does it pay for other amenities?

This is exactly what I would want, if only the maintenance wasn't so high...

it also pays the electric, gas and water for the building.

and yes, any amenities such as a doorman, pays all common charges for cleaning, a super etc...

FiatLex, co-op maintenance often pays an underlying mortgage on a building. A condo is an interest in land, legally. A co-op is a corporation which owns a building, and the residents own shares in the co-op which leases their apartments to them. Elevators are also quite expensive, and then there's the issue of paying for managing agent or doormen or other staff. Toss in real-estate taxes that depend more upon prevailing tax rates the year the co-op was founded than on anything else and you see where the money is going.

For NYC co-ops, the maintenance is not that high; a $1 a square foot is really the best you can hope for. Problem with this place is that it has only one exposure and that lies facing a buildable lot. If you're going to have space without light you may as well buy a basement.

That maintenance is SUPER HIGH, which might mean that the bldg is having financial problems. Why not just pay a bit more for a condo and have fees and taxes of around $600/month total?

I am a licensed broker and I imagine that this bldg has no ammenities to speak of. Most loft bldgs in that neighborhood do not. Also, it's hard to imagine that it's actually 1400 sq feet from the pics and floorplan, 1050 max.

BTW, currently not working as a broker, so I'm not trying to sell anyone anything.

Otherwise, nice use of the space and a true loft feel.

I just saw that table at the DWR Annex in NJ, which means it's a return that's been heavily discounted.

previous message is a helpful hint for JulieD

It kind of looks like the Big Sur table from Crate and Barrel, but chunkier. I like it.

my mistake, not the Big Sur. I've seen that table before and will post if I can remember where. This is a fantastic location for an apartment--I used to live in that neighborhood and it was one of my favorite places in the city, close to everything.

As a New Yorker, that price seem very normal. Everything in New York is expensive. A studio apartment rental that's in Long island city, like 10 minutes away from the city can cost from 2500 or more. People are use to the high price in New York City. It gets so pricy, so does real estate. but I know so many people that like to live in the city, because of the location. Anyways, Really nice photos and lovely kitchen!

I lived at 712 Broadway over 10 years ago. Maintenance was $1400 a month even then. These buildings don't have a doorman and they have a freight and a passenger elevator. The building I lived in had a big basement with storage space (a big luxury in Manhattan). It's a prime location.

Legally, this place is a studio with 2 home offices. To be a bedroom, it has to have a window, and these do not. Is the second "bedroom" even enclosed? It looks like it only has a half-wall around it.

it's the double teak table from DWR- a crazy good deal on sale right now.

very nice, except that bedroom(or maybe bedrooms, its hard to tell with those pictures) looks unfinished.

Maintainance includes the property tax in my NYC coop. Half of it is tax.

The only windows are in living area. The walls do not reach the ceiling. I have to agree that it's more like a studio. As for the price, yep that's the big city. Same thing in SF. People want to live in these cities so the demand is high.

you can have it. My place is 1600 sq ft and maintenance is under $200.00.

I love the red designs on the living room walls. Are they a stencil? And if so, are they custom or commercially available? Anyone know retail sources? We're considering wallpaper for an accent wall of our bland dining room, but a painted-on design would be much less of a scary commitment.

kristinPA: blik, http://www.whatisblik.com/Merchant2/merchant.mvc?Screen=PROD&Store_Code=B&Product_Code=BL-NEW-IV