We checked in on Washington Avenue recently with a mind to sussing out how sales are going on the petite condo row between Bergen and St. Marks. The bigger development on the stretch, 647-649 Washington, has been on the market for more than a year (Corcoran was helming the marketing until they weren’t; Bergen Basin Realty’s now manning the ship), and it proudly advertises units Under Contract with banners in the windows. Bergen Basin’s website currently shows five condos up for grabs at the 16-unit development, with prices hovering in the high-$300 to mid-$400-a-foot range. The development seems basically OK (balconies, standard finishes) and the prices aren’t out of control, so we’re wondering whether the location’s the problem. And if that’s the case, what does it auger for the mostly complete 11-unit condo just one building down, at 655 Washington? Far as we know, the high-windowed building hasn’t hit the market yet. It’ll be interesting to see how it fares given the sleepy reception its neighbor has been receiving.
Getting Caught Up With 647 Washington Avenue [Brownstoner] GMAP
Development Watch: 655 Washington Avenue [Brownstoner]
647 Washington Avenue Listings [Bergen Basin Realty]