How Much to Buy in a Small Sunset Park Condo?

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This 8-unit condo on 43rd Street between 3rd and 4th avenues doesn’t exactly inspire flights of fancy from the outside, and there don’t seem to be any interior listing photos. Anyhow, StreetEasy shows that a few units in the building are back on the market after being pulled in January and, before that, seeing some price decreases last fall. Prices are running between $275,000 and $360,000, according to StreetEasy, and listing descriptions run as follows: “this elegant bldg combines beauty and luxury with the best of modern finishes, granite counter tops, porcelain and hdwd flrs, s.s.appl, video intercom system, balconies and pvt terraces for the top flrs, close to subway, schools and shopping.” Really tough to judge this one given the lack of interior pics. Nevertheless, thoughts on whether these prices are generally in line with the Sunset Park market?
360 43rd Street [StreetEasy] GMAP

0 Comment

  • While the neighborhood is safe around there, as I work near by, it is a shitty block.
    Absolutely nothing pretty about it all. The homes down the block are all on hills, with walls in front of the homes, broken sidewalks and close to the Gowanus Expressway.
    IMO, no I would not spend a dime on that block, renting is something different. But to invest there, no way.

  • yuck! — between a 6 lane arterial road and another six lane arterial road underneath a six lane highway. 275K for a two room apartment? You can get a four room apartment in a prewar building near the park for not much more than that.

  • But as the description says and the photo clearly confirms, this is an “elegant” building, right?

  • LOL, I just walked up that block to get lunch.

    one word came to mind

    DUMP

  • Fugly building on a fugly block.

    I’d consider Sunset Park, but not this and not there.

  • Rent almost anywhere in Sunset Park (the closer to Bay Ridge the better, IMO), the entire huge neighborhood is really fine for any renter without kids. I don’t recommend buying on this block of 43d St, though, or most blocks below 4th Avenue. I agree with Stargazer’s assessment of this particular block. Buyers interested in SSP should look only between 4th & 7th Aves. 40′s, 50′s, 60′s, it’s all good between 4th & 7th.

  • Fedders in the walls? Check.

    Concrete lawns? Check.

    Rusting fire escapes? Check.

    Same as all the other unesthetic buildings going up in Brooklyn and Queens.

    http://www.forgotten-ny.com