Is this Mtce HIgh?

The maintenance seems OK to me. It looks like a lovely apartment.

It seems reasonable to me as well.

given that 5H closed for $615k very early '05, if you can get a bit of a discount from list it seems like reasonable pricing as well.

I'd ignore that price increase & use the other price as my base for negotiation. It's been on the market HOW long ? ! ?

Maintenance seems in line for an apt that size in a doorman building. Price (assuming room to negotiate) isn't absurd but also keep in mind that kitchen (and I'm going to guess bathroom as well) need to be redone. Looks like a sweet apartment in a good location

Not concerned about price as much as mtce since mtce will continue to go up.........for me the mtce seemed high...but i guess its not based on postings here.....

what's the story with the mortgage on the building? i looked at a place that was great but the maintenance seemed a little high, when i pressed for info, i found out that there was a balloon mortgage on the building due in 2014, they were barely paying more than interest on the mortgage, had almost nothing in reserves, and tacked on a lot of random assessments. i think a lot of times the maintenance can reveal alot about the coop's finances, you can always ask for a breakdown of what it covers.

maintenance seems reasonable, though I think the sf must include the "private storage" right across the hall. Don't know how big that is. Agree the kitchen (which is not great) probably does need renov. but it would seem that after having a contract fall through, and after having this apartment on the market so long, the sellers would be ready to deal.

And one other thing, Mhillqt - remember from last time - put more faith in yourself and less in the SE posters (and I include myself).

Oh yes.....ph...i agree....just like mtce below $1k.....:)

I'm with you Mhill. I find that maint. higher than what I like (but mostly I've been looking at UES, east of 3rd).

I use this to compare things by:
http://www.streeteasy.com/nyc/sale/418349-coop-111-east-85th-street-upper-east-side-new-york
Sold for $507k. Dated but not unlivable. Overlooked 86th. Probably 50k to bring it up to reasonable. $930 maint. FWIW.

1.50 per sq foot seems dead on average for a coop.