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building at 155 Henry Street

Started by jcarvin
almost 17 years ago
Posts: 1
Member since: Feb 2009
Anyone living in 155 Henry? What are your thoughts?
Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

Two years later, I'm another person with the same question. Could anyone comment on the good and bad of this building? Thank you.

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Response by deanc
almost 14 years ago
Posts: 407
Member since: Jun 2006

I cant tell you anything about the co-op/building as i dont live there but what i can tell you based on living down the street from this building that the building is always well maintained, the super/staff always clean the sidewalks impeccably.

Always a good sign :)

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

Thank you. That helps.

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Response by w23rd
almost 14 years ago
Posts: 46
Member since: Jan 2012

I looked at a place in this building, too. Which unit are you considering?

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

One of the studios...but I think it's just too small.

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Response by w23rd
almost 14 years ago
Posts: 46
Member since: Jan 2012

Same here. The layout of the studio is sweet, but the main room is just very very small. Also, the last studios all sold around 250 within the last two years or so. So, I think the ones on the market now are priced much too high.

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

You could improve it somewhat by breaking part of a wall and extending the kitchen but for what that would cost it might just be better to keep looking for a place that wouldn't require such renovations.

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

Well, another studio in that building just came on the market today -- this one in the "B" line -- no pics yet. My curiosity is killing me. Even though small, those studios did have great storage -- 3 closets, one walk-in ...

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Response by webrefdesk
almost 14 years ago
Posts: 15
Member since: Nov 2011

I saw the layout for 6B and it's the same crappy, small main room. IMHO, these are overpriced at $299,000. I saw 5C and 6C last weekend and both seem overpriced at $269 and $279. Then again, the maintenance is *very* reasonable and I believe they accept 10% down ... but still, these are quite small. I prefer Concord Village studios, about 50-60K cheaper and larger + more amenities.

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

Yes, I know. And from the floor plan, it looked as if 6B didn't even have the hallway that really separated the bathroom in the C line, which was one of the nicest features of those studios. It is a good building, even without amenities. Being so close to the promendade, who really needs "common space" in the building? I'm still considering, although it doesn't seem as if the owners of these overpriced studios are budging on price. It's crazy. A couple have been empty for months, which means the owners are paying for not living there, and might be losing more than if they'd just lower the price.

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

Wish this site had an edit function. I meant "promenade." Am the world's worst typist.

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Response by gisele0201
almost 14 years ago
Posts: 3
Member since: Feb 2012

Well...get ready,I just saw a new listing on Corcoran website for apt 3C asking $259,000 maint/CC a super low $285.00. I predict this one will be gone in two weeks!

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Response by w23rd
almost 14 years ago
Posts: 46
Member since: Jan 2012

And another one just hit the market. It looks like almost the entire C line is for sale now. At least this one is realistic in pricing. The other's are pipe dreams. I really quite like the building, but I think a few years in a space this small is all one could handle.

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

And another studio openend in this building -- 3C. Renovated kitchen but has head on view of buildings on other side of courtyard. Priced realistically at $259,000.

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Response by w23rd
almost 14 years ago
Posts: 46
Member since: Jan 2012

Dont' they all have views of the other buildings? I think they do. If these apartments were just 6 or 7 feet longer, I'd jump. But I suspect the size will always make them difficult to re-sell. 5c and 7c don't seem to care if they sell. 6b is asking more in price and is way smaller than the others. It's a shame. The area is lovely.

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

I'd jump at 3C if it just had a semi view -- it has a renovated kitchen, and really doesn't need work, unlike the others.

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Response by w23rd
almost 14 years ago
Posts: 46
Member since: Jan 2012

did you see 3c in person, or just photos? what is the bathroom like?

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

Just saw photos. Don't know about the bathroom. I've seen other bathrooms in the C line and none are horrible--some are more modern than others, but none terrible, at least IMHO. The unrenovated kitchens are another story ... about half are renovated.

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

I guess I should have said it didn't look as if it needed renovation, because I was just going by the photos, and was impressed with the kitchen.

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Response by w23rd
almost 14 years ago
Posts: 46
Member since: Jan 2012

I figured you were referring to the photos. But I agree. At least it has a functioning kitchen. Only in New York can you spend hundreds of thousands of dollars and end up with a half-sized dorm fridge.

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

If we wait long enough, maybe 8C and 9C will become available--those would have decent views.

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

5C just dropped its price--to $275,000 or thereabouts.

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Response by w23rd
almost 14 years ago
Posts: 46
Member since: Jan 2012

I know it must be frustrating to sell an apartment right now--and hard to accept the value of it--but none of these should sell above 250k. They are NOT 400 square feet. No way. They are 300 square feet, at best. Maybe not even that. 6B is probably 250 square feet. Let them get down to the real price and, if you can make peace with the smallness, make an offer. The building and location are very nice. But these are some incredibly tiny, viewless apartments. On another note, I believe you and I are in similar situations; in cheap stabilized rentals, but considering buying. I think I read elsewhere that you negotiated a buyout. How did you do that?

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Response by Wetlands
almost 14 years ago
Posts: 59
Member since: Apr 2011

I think if you count every space, it is 400 sq feet (of course not the main room, but the whole apt--there is that hallway, the small foyer). And they have 3 closets, one walk in. About the buyout, which is no windfall, they approached me years ago, and then I recently approached them. The higher floors of line C do have light and a view. And if they came down in price, I'd probably bite. I've looked long enough to know this is pretty much the best I can afford.

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Response by w23rd
almost 14 years ago
Posts: 46
Member since: Jan 2012

Why don't you make a lowball offer on 7c? It's the highest unit and will definitely get better light. It's been on the market for a hundred years now. Its worth a try. Offer 250k. The kitchen is blah, but you can fix it up over time. It does not cost much to improve a kitchen that tiny. What do you have to lose?

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Response by samhansom
over 13 years ago
Posts: 4
Member since: Dec 2011

I've see 3,6,and 7 B... also 6B. I actually liked 6B. I think the kitchen was less insanely small and The closet positioning was nice? 3C is great but dark. I think 7C might be in the process of exiting the market, same with 5C. There was something "wrong" with all of these... weird renovations/bad kitchen/too dark. It's like the cons equaled them all out. I love the layout and think the kitchens have potential as evidenced in the REALLY smart layout in 3C.

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Response by Wetlands
over 13 years ago
Posts: 59
Member since: Apr 2011

Out of these studios, 7C was the best (it had a semi view), but it's gone now. The others show too much of the opposite building. It had a lot of nice features (the way the second door was camouflaged), but it had too much wrong with it for the asking price, and it didn't seem as if the seller was going to budge much. I know it's a good building, so I'm watching for more to become available in it. 8C? 9C? Nice views from there, even if they might need more work (8C I believe houses a law office). Can't wait to see what 7C sold for (sale not yet recorded in city records, probably hasn't closed yet).

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