658 Park Place: The Little Condo That Could

658-Park-Place-Brooklyn-0409.jpgA nine-unit condo conversion in Crown Heights seems an unlikely candidate for success story of the season but, according to a Brooklyn Eagle story, that exactly what 658 Park Place is. The limestone walk-up apartment building, which was gutted by a fire before being turned into condos, hit the market at the beginning of March at prices of between $400 and $500 per foot. Seven units are spoken for already; the two remaining units are asking $318,900 and $481,200. Broker Greg Todd chalks up the swift sales to a combination of reasonable pricing, attractive renovations and proximity to the Franklin subways. Seems surprising, no?
Bright Light on Dreary Landscape [Brooklyn Eagle] GMAP

By Brownstoner |