Friday, October 3, 2014

Clinton Hill Loft with Private Roof Deck: 105 Lexington Avenue, #4G





New to HomeCanvasr.com, it's a huge stylish duplex loft condo in Clinton Hill asking $1.45M.  105 Lexington Avenue, #4G, originally billed as a 3-bedroom upon conversion, functions nicely as a true 2BR, with office/den, with 2 full bathrooms.  Weighing in at some 1,600 square feet, with a small private balcony off the living room, and glass doors out onto the huge 600 square foot private roof deck, this is Clinton Hill's answer to a Williamsburg loft or Prospect Heights' Newswalk building.  The pictures alone had us at "Hello"...






This ain't staging, people.  This is the real apartment.  For those "off the rack" buyers, the owners say they'll even throw some of the furniture in for the right price, because they're relocating.  One buyer even told us the furniture looks better in person than in the photos, which is pretty hard to do with pics as fancy as these...










Each bedroom is on its own floor, and another set of stairs lead from the 2nd floor to the roof deck, giving the apartment not only a duplex, but a triplex feel to it.  Light comes in from north and eastern exposures on this corner unit and fills the ~16' high ceilings.  The owners cut a nifty frosty-glass window into the upper bed room to let even more light & air in.  The bedrooms are both well-sized.






The building at 105 Lexington Avenue has 2 common roof decks, but the owners of this unit say they never use those, and prefer to opt for their own private roof deck...





Where they catch pretty epic views throughout the day...









Modern kitchen and baths updated during the conversion...









The building has an elevator, a bike storage room just inside the entrance, a private storage unit, and a gym.  The building is pet-friendly, has relatively low common charges of $625/month, is tax abated until 2025 at just under $100/month.  This is the happiest medium between boudgie living and relative-affordability as huge Brooklyn lofts go.  Newswalk condos go for over $1.75M on a regular basis, have maintenance of $1,500+/month, and no private roof deck.  Here you get all the amenities without the costs of a doorman, etc.  Asking under $950/sqft, 105 Lexington Avenue, #4G is flagship condo living that makes $1,200/sqft Williamsburg boxes jealous.  For Brooklyn balling on a budget... you've come to the right place.  500 apartments sold in Manhattan last year for $1.5M or more, and few of them could hold a candle to this for even twice the price.


Pro's:  enormous sunny duplex condo with 2 private outdoor spaces, super stylish, under $950/sqft, low fees & tax abatement, no big brokers' commission on the case for now, true 2BR/2 bath, upcoming open house

Con's:  certainly not in everyone's budget, some people call this "Bed-Stuy", no rental income, the days of townhomes over here for this price are long-gone

Ideally:  flagship loft condo product that's a great fit for dozens of buyers in this market


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