Sale at 67 Morton Street #5C
Started by david87
about 13 years ago
Posts: 29
Member since: Mar 2012
Discussion about 67 Morton Street #5C
Why is this listed as a 2 bdr, 2 baths when there is only 1 bath? Also, isn't this a coop? (listed as a condop).
The broker made an error when entering the data. Drop them a note.
Either they're using cond-op in the "co-op with condo rules" sense, or that was an error too.
Just an error re: number of baths.
FWIW: I know the building and like it very much. It is an extremely reasonably run co-op in a super location. Solid financials and well-run. The broker is a solid, very decent person and has earned a reputation for honesty (full disclosure: I've used her before and was very satisfied). She also manages and lives in the buildings last I knew. As for the structure of the coop, I think it is one of those situations where it is a condo with two units: the retail space and the cooperative consisting of the apartments. The coop apartments may have more liberal rules than many coops, but I can't remember. I know that the board is not a pain about renovations and the like. Just know that if you do a reno you will be required to re-wire the apartment if that hasn't already been done.
I did check, it's 1 bath and a "coop", definetly not a coop with condo rules (see rental policy). It would be nice if brokers would check themselves.. I remember this building now: has low maintenance but a very high flip tax.
Right, it's a cond-op in the correct sense. Commercial unit owned by the sponsor, and residential unit owned by the co-op.
When brokers select "condop" as the type, you never know whether they mean real cond-op, or co-op with condo-like rules, or both.
Thank you, it's now more clear, however sublets are limited, I believe 3 years every five years with some other limitations, so it's not really with condo rules, at least this is what I remember.
It would be nice to find more complete and correct information (flip tax included and correct number of baths) in the broker's description if possible. Just saying..
To be fair to the listing broker (who I've been on the other side of a deal from, and I echo KW's comments that she's great) the description does say that there's one bath.
ali r.
DG Neary Realty
this has been on the market for weeks -- what's going on here?
Not sure what you mean. It is 71 days. That isnt very remarkable. Do you have a dog in this race?