Will Fourth Avenue’s Crest Clean Up?

According to the marketers behind Fourth Avenue’s Crest, the new condo is rising within the rich ambience and palpable energy of Park Slope. (If McDonald’s, truckers and a taxi depot scream palpable energy, they’re right on target.) Anyhoo, the Boymelgreen-Katan development is certainly charging Slope Lite prices: A scan of current listings shows the average unit is going for around $760 per square foot, with a couple topping $900 a foot. The layouts are a mix of two-bedroom, two-baths and one-bedroom, one-baths. We’re puzzled, since the building doesn’t look like anything special—its most notable amenities seem to be an indoor garage and washer/dryers in all units. So far 20 units have gone into contract, suggesting there is an appetite even for mediocrity at this price point and that so-called Fantastic 4th has come into its own. Are you buying it?
Crest Listings [Corcoran] GMAP
The Crest at 302 Second Street [StreetEasy]
Fantastic 4th? Eh, We’ll See [Brownstoner]
Feb 13, 2012 | 10:33 AM