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Home Buying in Cobble Hill : Real Estate Advice

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Activity 4
Sat Nov 9, 2013
Kathryn Lilly answered:
The Columbia St waterfront has everything from Government subsidized condo's/townhouses to very high end luxury and a few in between.
Of the lower priced ones that were built with a government subsidy. (The low rise red brick walk ups) It also varies based on what upgrades individual owners have made and where they are positioned within the group.
The older un-renovated apartments, owned by the few long time owners that are still holding on are not cheap either; they are considered retro/vintage.
But generally to ask about price per square foot is deceiving in these neighborhoods, without asking about quality per square foot and cubic square feet, for extra high ceilings or extremely low ceilings on the lower end etc. Plus the fact that there are very few apartments available anyway.
If you are a perspective tenant, ask the local brokers what there is available. If you are a perspective buyer wanting to know rental values, again ask a local broker specifically about the building you are considering. If you are an owner wanting to know how much your apartment is worth, invite three local brokers to come and see and listen to their opinions.
Local neighborhood Brokers are the best source for such information.
Sorry to not give you a number, but your question is too vague. In that particular neighborhood you will see an apartment advertised as a 2BR but as it is a railroad, is that really a 2BR by todays standards?
Yours,
Kathryn Lilly, Broker
Realty on the Greene, LLC
718-614-5542
KLilly@RealtyontheGreene.com
... more
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Wed Jul 31, 2013
guerrahelen answered:
Wed Jul 8, 2009
Anna M Brocco answered:
Be happy it appraised the way it did and don't be concerned, a lot of properties are appraised at the amount offered.

Anna
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