Abort Mission at 393 Lefferts Avenue!

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It’s not the first and it certainly won’t be the last, but the developer 393 Lefferts Avenue in Crown Heights Prospect Lefferts Gardens has put the partially-constructed seven-story building on the market. Asking price: $8,500,000. This comes out to an average price of $257,576 for each of the 33 apartments, or somewhere between $200 and $250 per foot depending on which square footage estimate you believe. Granted we’re no experts on new construction pricing in Crown Heights, but this seems way too expensive to us for a project that is not even finished yet.
393 Lefferts Avenue for Sale [Dakota Realty] GMAP P*Shark

By Brownstoner |