Crown Heights Record Shattered Again With $3.45 Million Sale
We’re amazed to read that a Manhattan buyer has purchased a new-construction townhouse at 832 Dean Street in Crown Heights for $3,450,000, setting a new record for the price of a townhouse sale in the neighborhood. The sale closed recently, according to the New York Post, but has yet to hit public records. Built in…
We’re amazed to read that a Manhattan buyer has purchased a new-construction townhouse at 832 Dean Street in Crown Heights for $3,450,000, setting a new record for the price of a townhouse sale in the neighborhood. The sale closed recently, according to the New York Post, but has yet to hit public records.
Built in 2013, the house has three units and three stories, for a total of 3,960 square feet, according to PropertyShark. So that works out to $871 per square foot — reasonable compared to the square foot cost of condos in prime Brooklyn neighborhoods, which are now over $1,000, but pricey for a Crown Heights townhouse, even a top-of-the-line one. The house is close to Washington Avenue and the Prospect Heights border, where real estate is more expensive.
The buyer sold a townhouse in Chelsea, according to the Post.
Renderings on the Douglas Elliman listing show a typical new-construction interior, similar to a Williamsburg luxury condo, but with fairly high-level finishes and somewhat traditional styling, including floors that look old and have borders. Each unit is a two-bedroom, two-bath floor-through, except the top apartment, which is a duplex with an additional bedroom and bath in a hidden setback with a roof deck.
The exterior is red brick and has a traditional townhouse exterior on the top floors, with brownstone lintels and window boxes. The first floor is recessed, with an iron railing in front of it. The rendering of the outside actually appears to show the house next door at No. 828, an apparently identical twin with the same owner. The property, previously a vacant lot, received its final certificate of occupancy in December.
The previous record of $2,900,000 was set only last month by a 27-foot-wide mansion at 672 St. Marks Avenue.
Record $3.45M Crown Heights deals [NY Post]
832 Dean Street Listing [Douglas Elliman]
Mansion Sells for $2.9 Million, Sets Crown Heights Record [Brownstoner]
no fuckin way! $9000 on the whole building, maybe. i think the 2 BRs would each go for $3000, $3500 TOPS.
I live a couple of blocks away. It’s pretty nice. Puerto Viejo on the corner. Definitely a tree lined, residential street. But does have a couple of weird churches on the west end.
This I can agree on. I wouldn’t exactly call the block “pretty,” though its also far from being ugly.
“Wouldn’t buy that place if someone gave me the money.”
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Well, apparently someone would, which is all that matters at the end of the day. You greatly undersell this house and the neighborhood in general, as well as the continued promise of the neighborhood. As someone who regularly walks by this house, I was pleasantly surprised at how well built this place is (and the two other identical buildings adjacent to it). They really did a good job on the structure(s). Additionally, the area is solid investment: 4 blocks from Barclays Center, 2 blocks from greater Pacific Park development, 10 minute’s walk to Prospect Park, close to subway access (less than ten minute’s walk to C train Clinton/Washington and 10-15 minute walk to B/Q at 7th Avenue and 2/3 at Bergen Street (not to mention Atlantic Terminal access). This neighborhood is only going up. You don’t have to want to be here (and spent this kind of money), but others do.
Certainly “insane” for that location, but only if you view this block as Crown Heights. In any event, no matter how you slice things, this block is either in Prospect Heights or right on the Prospect Heights border, which means that its selling prices will go more for Prospect Heights prices and not Crown Heights prices.
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I actually think this is a smart investment, though I didn’t think the selling price would go for anything close to this price. Firstly, this home is in a great location; 4 blocks from Barclays Center, 2 blocks from larger Atlantic Yards-Pacific Park location, 10 minute’s walk to Prospect Park, and minutes from shops on Franklin, Washington and Vanderbilt, etc. This area is only going up and the owner took what I think will be a very smart gamble in the long term. If this area didn’t have all of the development that’s happening, I’d possibly agree with you.
I know. They are exaggerating. Plus, this doesn’t even get into location. This place is 4 blocks from Barclays Center and 2 blocks from Atlantic Yards-Pacific Park project, 10 minute’s walk to Prospect Park, close to shops on Franklin, Washington, and Vanderbilt. This neighborhood only continues to go up.
Actually, this is a fine location and around great amenities. 4 blocks from Barclays, 10 minutes walk to Prospect Park, near shops on Franklin, Washington, and Vanderbilt, etc. Now I didn’t think the house would sell for that much (it was asking $3.5), but that it did didn’t shock me. The owner is certainly looking to the future and this house will only increase in value (there’s too much going on in the neighborhood for that not to happen, IMO).
Still butthurt, Dave? Understandable. You lost money on your brownstone in Bed Stuy. That took a special kind of stupid given the housing market in the area over the last decade.
And we all know you were fired from your last job. You did not retire. How, exactly, do you live with yourself on a daily basis? Oh, right, lots of alcohol and paying for sex…
What: Don’t let Dave get to you. Everyone knows he is a liar and a loser. We just don’t have the time to correct him all day since we all have jobs.
This link just shows approved amendments to approved plans. Open permits and NO C of O.
Where is your link to a C of O?