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Good Deal or Not? “roof top deck with amazing views” edition

by Prince Of Petworth — February 1, 2013 at 1:00 pm 23 Comments

This unit is located at 2039 New Hampshire Avenue, NW:

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The listing says:

“Don t miss this rare opportunity to own an exceptional unit in the Northumberland! With over 1700 sq/ft of living space this home features 9′ ceilings, large windows, open living room, formal dining room, and gourmet kitchen that provide many entertaining and living options! Building bonuses include 24hr concierge, storage/bike room, and roof top deck with amazing views from this prime location!”

You can see more photos here.

This 3 bed/2 bath is going for $749,900 ($1,494 monthly fee.)

  • anon

    thats a pretty ballsy condo fee

    • JS

      It’s a co-op, not a condo, so the large fee makes more sense.

      • Anonymous

        I’m not quite sure what a co-op is versus a condo. Can someone explain the difference?

        • Anonymous

          A simplified version of the difference: a condo is when you own your unit and also a percentage of the common elements (lobby, grounds, pool, etc.). In a co-op a nonprofit cooperative corporation owns the building, and you in turn own shares of the corporation.

          There are other differences involving financing, legal structure, etc., common elements v. limited common elements, but there are plenty of resources on the net for more research.

        • Anonymous

          This is a somewhat simplistic explanation, but basically in a co-op you own shares in the co-op (which in turn owns the building) that come along with the right to occupy an apartment and in a condo you own the apartment itself. A condo fee is similar to a HOA fee, whereas a condo fee convers all building expenses, which includes stuff (like RE taxes) that in a condo would be attributable to the individual unit and paid separately.

          It also leads to some other differences, such as need to approval from the co-op board and privacy w/r/t your ownership of the unit in public records.

    • That Man A

      Right lol

      Thats a searios A.. fee

  • HS

    This building’s coop fee includes DC real estate taxes, heat, and water. FWIW.

  • Anonymous

    I can’t speak to whether it’s a good deal or not, but it’s a gorgeous building (nicer in person than the photos, even!), and that unit is lovely. However, if it’s on the ground floor (it appears to be based on the window bars) it’s a noisy block.

    • Looks like a beautiful apartment, but the bars on the windows really turned me off, too.

      Anyone who lives in a place with bars – do you ever get “used to” them and not see them after awhile? They just strike me as something I’d find depressing every time I looked out the window.

      • Anonymous

        I lived in an apartment with bars for a number of years, and I did kind of get used to them, but I think that was in large part because: 1) the bars were as “nice” as they could possibly be; 2) the view out the window was crappy anyway, so the obstruction wasn’t as big of a deal; and 3) it wasn’t a ground floor apartment, but a 5th floor, and I only had bars on the living room windows on account of the fire escape. If it had been a ground-floor unit with bars on all the windows, I think I’d have started to feel like I was in jail. (Also, I’d want to keep the curtains closed more often if I knew that people walking by at street level could easily peer in, which would add to the claustrophobic feeling.)

      • WalbridgeGuy

        My townhouse has bars on the ground floor. I find you get used to them but I don’t know I’d want them in my bedroom which has big open windows. That said, even if you put $150,000 down you’d be paying something in excess of $4500 a month for this place? I think that’s a total garbage deal for a ground floor apartment.

      • Anonymous

        Hmmm I actually can’t remember what it’s like NOT to have bars! In fact, when we bought our current house, we had security doors and bars installed since the previous owners had taken them down. No one else on the block had taken theirs off, so we didn’t want to be an easy target!

      • saf

        I didn’t. I got rid of them.

      • i have them. they never bothered me in the least. i’m not bothered by my brick walls either.

  • Anonymous

    That fee is almost as high as my rent. And I live 2 blocks away.

    • Anonymous

      Just read the comments … AND this place is on the ground floor?!? Wow, that is insane.

    • The fee is 10 bucks more than my rent (and I’m a few blocks away from this place).

      $750K for a ground floor condo? Yeah, no thanks.

  • Anonymous

    The false sense of security is amusing to me. I have bars in my Hill historic district home, as do many of my neighbors. There were serial burglars working this neighborhood in the 90s and literally hundreds of homes in the historic distict were hit A lot of neighbors gone during daytime hours leads to periodic breakins. We didn’t take them out in our current house (previous apartment didn’t need). It provides an additional security layer while traveling or during daytime hours

    I think you peg yourself as a DC newcomer if you’re totally dismissive of bars on windows, especially ground level or easily accessible 1st floor windows

  • otberbur

    I lived in this building for ten years (1992-2002). It’s archtiecturally distinguished, but it’s a quirky building for quirky people. When I lived there residents had assigned laundry times. Mine was 10 pm Saturday. Fortunately, this did not preclude me from meeting my future spouse.

  • Anonymous

    I was blown away when I read it shortly after closing on my Hill house. The sellers were on the bleeding edge in the 80s, and they told us how they put bolts on their upstairs windows because theives were audacious enough to use ladders to gain entry to hit some of their neighbors.

    Sadly the profiled thieves are probably back on the streets now somewhere.

  • PlebofPetworth

    To its credit, I think this unit is actually on the second floor but on the side of the building that faces the alley and has a fire escape. Hence the bars. To its discredit, there is no AC and it’s kind of funny that you can’t open the dishwasher and oven at the same time.


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