Curbed Ponders Price on $539K Joralemon Street Co-op in Brooklyn Heights

Curbed features a Brooklyn Heights property as park of its “Six Digit Club” feature. Commenters there are weighing in on the 1BR/1BA coop’s price point, $539K, which the site feels is low. However commenter “Folly Benz” says”

This isn’t a remarkably low price by any means. It’s more than $1000psf, which is already a bit high for a co-ops in BH, except it’s a 4th floor walkup with a bad layout. In reality, it should be asking less than $500k. The apartment below it sold for $499K in 2011, except that apartment had a gigantic terrace. Would it kill Curbed’s writers to exercise a modicum of critical thinking once in a while?

Curbed: The highlights of this 1BR/1BA co-op on the fourth floor of a 12-unit brownstone building on Brooklyn Heights’ Joralemon Street include the high ceilings, crown molding, recessed lights, and wide-plank flooring. For all that, and in the location it’s in, you’d think it could ask a bit more than the $539,000 it’s listed at, but maybe the tiny kitchen has something to do with that. As is, it seems like a pretty decent deal, and the brokerbabble brags that it is “quiet, serene and private, overlooking a church roof and stained glass windows. Uniquely situated away from prying eyes.” As far as hideouts go, you could do worse.

What do you think?

Full listing at Brown Harris Stevens

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  • Hu Kaars

    Half a million bucks for a tiny apartment with exactly ONE closet. Pass.

  • SharkLzr

    I saw this apartment the other day and it’s tiny. I recall it being on the 3rd floor though. The entryway to the brownstown is gorgeous.

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