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williamsburgh

Started by williamgrey
over 17 years ago
Posts: 9
Member since: Nov 2008
Discussion about
Is a 2 bedroom 2 bath apartment (840 Sq ft) costing 535K in williamsburgh (3-4 min walk from Bedford ave stop) a good deal?
Response by ericho75
over 17 years ago
Posts: 1743
Member since: Feb 2009

636 dollar per square foot?
Personally...i don't think so.

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Response by williamgrey
over 17 years ago
Posts: 9
Member since: Nov 2008

thanks. do you live in williamsburgh currently? they building recently reduced prices by 17%. What is a good price according to you?

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Response by jason10006
over 17 years ago
Posts: 5257
Member since: Jan 2009

How could anyone know unless you say more. Walk up, elevator, doorman, laundry in unit or in building, etc...

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Response by williamgrey
over 17 years ago
Posts: 9
Member since: Nov 2008

thanks. it is a new construction with elevator, no laundry (washer/dryer hook up in the apt), no doorman.

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Response by wisco
over 17 years ago
Posts: 178
Member since: Jan 2009

it's a below avg. psf, but of course, offer whatever you want! i live here, and like it alot.

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Response by williamgrey
over 17 years ago
Posts: 9
Member since: Nov 2008

the reason i'm asking is that the developer has refused to go down any further and is refusing to hare any closing cost. What's the avg per sq feet in that area?

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Response by marco_m
over 17 years ago
Posts: 2481
Member since: Dec 2008

just walk and he'll cry. ur better off walking..the markets are about really break down.

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Response by williamgrey
over 17 years ago
Posts: 9
Member since: Nov 2008

thanks marco_m. I told him 510K and he pays closing costs. They keep saying we are getting lots of offers. its a great deal. It does sound good compared to what is offered around that building. But it does not feel right to me.

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Response by squarefoot
over 17 years ago
Posts: 49
Member since: Oct 2008

dont walk away yet willyg, is one of the bedrooms below grade? if so, walk away.
also is there outdoor space? parking included? and is it really nice construction (seen some ok jobs, and some really really nice places there)? floor plan good? if so, i would seriously consider. we need details to make an assessment, like old gregg

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Response by MatWith1T
over 17 years ago
Posts: 66
Member since: Mar 2009

If you look, you can probably get more for your money in that region, but that doesn't speak towards the actual quality of the units - just square footage.

Do not believe for a second anything he is saying about getting lots of offers. Do not raise your offer until the developer gives you a counteroffer. If for some magical reason this one apartment is really so highly in demand, you have HUNDREDS of condos sitting empty in that neighborhood. Do not chase imaginary imaginary offers that the broker is threatening you with.

Who is the listing brokerage?

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