A now-vacant lot at 359 7th Street in Park Slope just sold for $1,860,000, or $453 per buildable square foot. The sale was brokered by Ariel Property Advisors, which said in a release that the price per buildable square foot was a record for the neighborhood. The unnamed buyer plans condos, said Ariel. The 20.5 foot wide, 100 foot deep lot can accommodate a 4,100 square foot building.
The previous owner, an LLC, bought the site in August of 2012 for $1,250,000. At the time the lot had was home to a frame house built sometime before 1899. The application to demolish the building was approved in December of that year. The transaction has not yet hit public records. Click through to see a photo of the frame house that was torn down.
Photo above by Google Maps; photo below by Nicholas Strini for PropertyShark (more…)
This weekend Halloween and fall festivals are taking place all over the borough. From costume clad dogs at the Great PUPkin Festival (contestant pictured above) in Fort Greene Park to the Puppetry Arts Haunted Halloween Carnival in Park Slope, there is something for just about anyone who wants to celebrate. Here’s a list (likely incomplete) of some of this weekend’s events in Brooklyn.
Construction is moving along at the eight-story, 87 unit apartment building at 33 Lincoln Road in Prospect Lefferts Gardens. The site is a long L-shaped lot that abuts the B/Q/S tracks and faces both Lincoln Road and Flatbush Avenue. The image above is from the Flatbush side of the development where foundation work is under way.
The building is being developed by Anderson Associates and had faced delays because of issues with obtaining financing through the city Housing Development Corporation’s New Opportunities Program. Now it is being funded by private investment. However 20 percent of the units will still be set aside for those making a maximum of 60 percent of the area median income.
Construction should be complete by April of 2015. Construction is expected to wrap in fall 2015, according to the sign on the construction fence. Click through for a rendering and more images.
On Friday night The Inkwell Cafe at 508 Rogers Avenue will host the local jazz band Prospect Quartet. Your $5 donation will go to both the musicians and to fund PLG Arts, which promotes and supports the arts in Prospect Lefferts Gardens. Frequent Brownstoner commenter Bob Marvin is on the board. The show is from 7 to 9 pm on Friday, October 24.
The best thing about this garden apartment in Carroll Gardens is that it’s in an impressive Second Empire townhouse (the one on the left). Unfortunately, with the exception of the tin ceiling in the bedroom, it lacks the details one would hope for in a building like this. And it is narrow — the building is only 16.5 feet wide.
Nonetheless, the unit has wood floors throughout and central A/C. The railroad layout is a little awkward — the kitchen is off the bedroom rather than near the living room or the den. Small pets are allowed. It’s not clear if tenants have access to the garden just outside the kitchen window. The building was a House of the Day back in March of 2013 when it was on the market for $2,995,000.
These days $2,400 a month for a place like this doesn’t seem outrageous for Carroll Gardens. What do you think?
The last and biggest of the three neo-traditional townhouses at Strong Place and Kane Street has just hit the market and the price will set a record for Cobble Hill if the developer can get it: $7,500,000.
The high price of No. 2 Strong Place may reflect that the property is not just one house, but two: There is an 800-square-foot carriage house in the back with parking on the lower level and a studio apartment with kitchenette above.
All three townhouses are in a landmarked area and were designed by CWB Architects with Landmark’s approval. The exteriors were modeled on the neighborhood’s historic row houses but the interiors are modern. The developer is Brennan Realty, which is also marketing them. The townhouses were briefly on the market pre-construction in early 2013. No. 2A entered contract in January this year when it was asking $4,475,000. No. 4 was listed earlier this month.
The townhouse at No. 2 Strong Place is about 4,000 square feet over five levels. The garden level has the kitchen and dining area that looks out through double height windows onto the garden. The parlor level has two living rooms and a wet bar. The master bath and second bedroom are on the next floor up, and two more bedrooms are above. The top level can be used as a home office or study, according to the listing.
To put the price in perspective, the current Cobble Hill record holder is 305 Degraw Street, the 6,000-square-foot carriage house with a modern renovation and green wall that recently closed for $7,000,000. A double-width Greek Revival mansion at 491 Henry Street sold for $6,750,000 in 2013, and a beautifully renovated and grand Italianate at 233 Warren Street on a double lot with a carriage house went for $6,050,000 in 2012.
Click through to see a new rendering of the kitchen as well as other renderings that came out in August. Do you think they’ll get their ask?
Rebar is rising on the site of this 40-unit development at 651 New York Avenue in East Flatbush by developer Eli Karp of Hello Living. After years of developing luxury condos in Prospect Heights and Crown Heights, this project, which the developer is calling Hello New York, is one of five on the other side of Eastern Parkway in Prospect Lefferts Gardens and East Flatbush.
Each unit will have a private elevator opening directly into the apartment and a large terrace. The building will have a gym and there will be 20 parking spaces for the 40 units. Click through for a rendering from the construction fence and a shot of the site.
On Saturday the Brooklyn Botanic Garden will host its annual Ghouls and Gourds festival. There will be tons of activities and entertainment for everyone: stilt walkers, giant puppets, crafts (make a potato person and drop him or her off at the Potato People Resort and Spa), live music and more. Children’s book authors will be reading stories and signing their books. The day will culminate with a costume parade at 4:30.
The event runs from noon to 5:30 pm on Saturday, October 25. Tickets are $15. Children under 12 are free. Click here for more details.