Location is everything in real estate, and 360 Greene Avenue in Bed Stuy is just a few blocks from Clinton Hill, but we were surprised to see an ask of $1,100,000 on this new-construction building. The listing says the current rent roll for the three-unit building is $5,355 a month. According to PropertyShark, the median price for properties of this size in this location is $700,000. Do you think the price makes sense as an investment?
360 Greene Avenue Listing [Brooklyn Properties]
Photo by Nicholas Strini for PropertyShark
On the face of it, $779,000 is a nice price for a one-family townhouse in move-in condition in Bay Ridge….
Here’s a nice blank slate for someone who wants to put his or her mark on a prewar pad. The…
This two-bedroom, two-bath duplex in Park Slope has plenty of original detail and outdoor space. We spot moldings along the windows, doors…
The mayor’s affordable housing and rezoning plan seems to be causing real estate speculation, which could make the plan difficult…
Developer Adam America has just filed new building applications for its fourth project on the Gowanus/Park Slope border, a seven-story development…