333 east 14th street

http://www.streeteasy.com/nyc/talk/discussion/3908-coop-owns-15-of-the-buildings-units

That's about 333 East 14th St. No need for secrets any more.

There are also some mentions on the "If you can demonstrate market movement with comps" thread.

Thank you, Tenemental, I read what posted in the link. but some thoughts or information from you are not publicly posted there. do you mind to share with me. liusenli@yahoo.com

Hi, I've been in there a few times. What type of info are you looking for ?

here are some questions I would like to know

How noises around the builing. does the tracfic bother sleeping at night ?

how is the residents in the building. what is the market trend about the building? any "story" ?

Hi,Jordan Cooper is the mgmt for the building and I haven't heard to many horror stories but I could be wrong. I noticed there is a fire station across the street as well as quite a bit of foot and car traffic. There's a flip tax of $15.00 per share for the building but the maitinence isn't too bad.

My experience with the residence has been mixed...meaning all ages, shapes, and sizes. I hope I helped. Good luck!

condo, much of what I discussed via email was particular to a unit that's been sold, but one thing to consider in the lines on the east end of the building, the views to the east may not be protected. You should find out how high the West side of 1st Ave between 14th and 15th is zoned for. It may be 12 stories, so if that little building on the corner is sold and the lot developed, you may lose your view to the east. You'd still have north and south, but it would still be a loss.

very appreciate all of your help. thank you

I live in the building, on a lower floor, facing 14th street.
Re: Noise levels. There is definitely quite a bit of noise on 14th (fire station + traffic). The windows are recent and noise isn't a problem for me. I do have to put on the A/C at night during the summer though, wouldn't be able to sleep with the windows open.

Re: Residents. the building residents and board are fairly laid back in my experience.

The financials for the coop are very good, and a number of improvements are in the works which are funded by the sales of apts owned by the coop.

Price-wise: the price per sqft is the lowest you'll find in this neighborhood, esp for the 1 beds.
The reason for that in my opinion is that the building is not exactly pretty :-). If you are willing to live that, you get a great deal in my opinion.

Thank you, barbiduleny. Your information is very helpful

How student and pied-a-terre friendly do you find the building? We are thinking of buying with our son so he can live there while completing college, then we would use it as a pied-a-terre. Thanks!

Has there been any talk of creating a roof deck? It doesn't seem like there is a common areas. Is that a problem?

How would I find out if there is a bed bug problem?

I live and own in this building and can answer all of the above. The owned units are a great benefit to the building and shareholders. They are stabilized, but the rent generally covers the maintenance attributed to the units. This does vary from year to year since the maintenance does not always correspond to the statutory rent increases. When units come off of stabilization, we can either sell or rent them at market depending on the coop's needs. We have used the proceeds to pay down the mortgage, renovate the halls, lobby and laundry and for general maintenance and repairs. The mortgage is now less than half of what it was when I purchased.

Are there any plans for a roof deck? I saw that mentioned in one of the current ads. Thanks for any insight.