Best Buy Right Now on Capitol HIll: The co-op market is its own sexy beast right now. One you can find a super affordable home on Capitol Hill by buying into one of the numerous co-ops. There is a special place in the Divas’ hearts for the Melrose Terrace. The Melrose Terrace is a huge mid-century building that has finally had a ton of work completed. It is on its way back up. But the problem with the co-op numbers for the summer is that three out of the seven co-op closings was in the Melrose Terrace. The Melrose Terrace is selling $180-240/sf. Where as the rest of the co-op market is selling at $260-330/sf.
Look at this shining example of awesome mid-century design. Right now in the Melrose Terrace you can buy a three bedroom home for less than $300K. Tell me where you can find that deal elsewhere on the Hill?? Divas – it is time to buy in this timeless building.