Three years into the recovery from superstorm Sandy, multimillion-dollar north Brooklyn prices are creeping down to southern Brooklyn.
Brighton Beach is known for being the oceanfront community bordering Coney Island, home to a large Russian Jewish immigrant population. The housing stock ranges from mansions to more classic New York apartment building fare to bungalows.
Tucked away in an oft-forgotten corner of Brighton Beach and Sheepshead Bay are the weathered remains of Brooklyn’s once prosperous summertime bungalow communities. Built in clusters near the coast, these low-lying colonies have fared poorly as both the seas and new development rise around them, casting shadows and bringing floodwater. Nathan Kensinger recently photographed the surviving Bungalows for Curbed.
Originally intended exclusively for warm-weather use, Brighton Beach’s surviving bungalows were built in the 1920s on the grounds of the former Brighton Beach Racetrack, Kensinger reported. The quaint, antiquated homes began falling on hard times beginning in the 90s, as neighborhood crime rates rose and squatters, drug dealers, and prostitutes took to utilizing the frequently abandoned abodes.
A half-mile-long street festival is returning to Coney Island Avenue Sunday, August 30. This year marks the Brighton Jubilee’s 39th birthday, and more than 125,000 people are expected to come down to the boardwalk for the celebration.
The diverse festival will feature hundreds of food and craft vendors, kiddie rides and multiple stages for live performers. It’s hosted by the Brighton Neighborhood Association. (more…)
Even though winter has not even officially begun, already we are getting nostalgic over the thought of summer. Wouldn’t it be nice to have a luxurious summer resort by the sea, where you could have accommodations worthy of your pocketbook and status? There you could be waited on hand and foot, enjoy fine dining, be entertained by the biggest stars of the day, and best of all, enjoy the cool, salty breezes and one of the finest beaches on the Atlantic Ocean. Would you have journey to Palm Beach or some Caribbean Island? Nope, you could take the subway. Because the beach resorts of Gravesend, Brooklyn were the place to be back in the latter quarter of the 19th century.
It all started with a man named William A. Engelman, who had made a fortune during the Civil War selling horses to the Union Army. He took some of that money and bought several hundred acres of beachfront property in Gravesend for the princely sum of $20,000. This was in 1869. He had big dreams, and he named his beachfront property Brighton Beach, after the famous resort town in England, a popular summer destination for British royalty and the aristocracy. (more…)
The antidote to sky-high electrical bills in new construction condos may be architect Robert Scarano’s green condo project at 67 Brighton 1 Lane in Brighton Beach. The building will sell energy back to the grid, and residents should have very low or no utility bills, as we wrote in November. There will also be composting toilets and a hot tub, said a story today in The New York Daily News.
In November, we wrote that marketing had started for the building, with six units priced from $295,000 for a studio to $795,000 for a two-bedroom loft with outdoor space. The New York Daily News says sales will start in April, with prices slightly higher than they were in November. Prices will start at $325,000 for a studio and go up to $850,000 for a two-bedroom with two baths. The building does not yet have its certificate of occupancy and no listings have gone up yet.
The development cost about $600 per square foot to build, or about two times the average in New York City, according to the Daily News.
The environmentally friendly Bright ‘n Green condos designed by Robert Scarano in Brighton Beach hit the market last week, Sheepshead Bites reported. The 7,000-square-foot building at 67 Brighton 1st Lane has six units ranging from $295,000 for a studio to $795,000 for a two-bedroom loft with outdoor space.
The net-zero energy building will have solar panels, wind turbines and rainwater collection, and promises “urban farming” and a “migratory bird, bee and butterfly habitat,” according to its website. The apartments have “light-maximizing windows…composed of triple-glazed Krypton-filled solar thermal treated glass and installed inside double-sealed, air-tight insulated window frames,” as well as induction stoves, low-flow toilets and LED lighting.
There’s also a 1,000-square-foot commercial space on the ground floor that Scarano said he hopes to lease to a community-oriented tenant like a preschool or yoga studio, according to the press release sent out about the building. GMAP
1. BRIGHTON BEACH $3,500,000 125 Oceana Drive East, #PH21GMAPP*Shark
A Condo of the Day back in 2011. Our comment: “It’s big and it’s tacky as all hell.” Back then it was asking $4,999,000 and sold that year for $1,275,000. It was relisted in 2012 for $4,499,999, then the price dropped to $3,900,000. Deed recorded on 7/8/2013.
2. PROSPECT HEIGHTS $3,100,000 105 St. Marks AvenueGMAPP*Shark
This is one of the first Prospect Heights homes to crack the $3 million ceiling. It was listed this February for $2,999,000 and the home received lots of traffic at the open houses and multiple offers above ask. Deed recorded on 7/9/2013.
3. WILLIAMSBURG $2,450,000 101 North 3rd Street, #412GMAPP*Shark
A three bed/two bath unit at the Mill Building. It was asking $2,295,000 and spent a month on the market. Deed recorded on 7/11/2013.
4. FORT GREENE $2,437,500 129 Fort Greene PlaceGMAPP*Shark
A HOTD pick this March. The two family brownstone was asking $2,300,000. We said it “retains a lot of original detail, including wide plank pine floors, pocket doors, moldings and marble mantels. At 21 feet wide and 40 feet deep, it’s also a tad wider than the average row house.” Deed recorded on 7/11/2013.
5. CARROLL GARDENS $2,425,000 428A Clinton StreetGMAPP*Shark Listing pulled for this one-family home. Deed recorded on 7/11/2013.
The second phase of a rental development at 2750 East 12th Street and 1125 Banner Avenue, on the border of Sheepshead Bay and Brighton Beach, just launched. The new development has 45 studio, one-, two-, and three-bedroom units. Monthly rents range from $1,350 to $4,200. The first phase, at 2750 East 12th Street, launched in January. Back then, the leasing agent told us that “South Brooklyn is exploding, too… We are achieving an average of over $30 per square foot.” She tells us that they have already received a bunch of offers in the first week for the second phase, at 1125 Banner Avenue. The two buildings are connected by a sun deck on the second floor. The buildings share the sun deck, a gym, parking lot and resident super. Rentals Moving Quickly in Southern Brooklyn Too [Brownstoner] GMAP
It’s no surprise that the market is moving at lightning speed in brownstone Brooklyn. But a Corcoran broker filled us in on a new rental development on the border of Brighton Beach and Sheepshead Bay at 2750 East 12th Street that is pulling in high numbers too. Since launching this past summer the development reached the 75 percent leased mark. Prices on the available one, two, and three bedrooms range from $1,750 to $4,250 a month. 2750 East 12th Street has 56 units over 7 stories, and it’s attached to 1125 Banner Avenue, which is a 45 unit building over 12 stories. Leasing at 1125 Banner will launch this spring. The two buildings are connected by a sun deck on the second floor — the buildings share the sundeck, a gym, parking lot and resident super. As the leasing agent says: “South Brooklyn is exploding, too… We are achieving an average of over $30 per square foot.” You can see floorplans for 2750 East 12th Street at the building website. This post has been updated to reflect that 2750 East 12th Street and 1125 Banner will launch leasing at different times.GMAP
On Sunday, power had been restored to many areas in Southern Brooklyn and national aid had arrived. (Outside Brooklyn, the Rockaways and Staten Island remain in crisis, with many without power or water.) We checked out Brighton Beach Sunday afternoon, where we found the National Guard distributing water, blankets, diapers, and baby wipes, above. Down the block, a volunteer group gave out free clothes from a truck. Power was back on in most places and delis and groceries were open for business as usual. Debris had been gathered into piles dotted about the beach, which was mostly empty of people, but otherwise it looked pretty normal. Most buildings in the central area seemed to have already completed their basement cleanups, though a few were still siphoning out water and placing wrecked furniture on the sidewalks for pickup. Tensions seemed high; a fistfight almost broke out over a fender bender, we heard a lot of people arguing, and a woman said she was going to call the police because we were taking photographs. There was, of course, no subway service to the shore areas throughout Southern Brooklyn. Buses were running about every 20 minutes, and they were packed full.
Yesterday Curbed reported that Robert Scarano’s firm is the architect of record on an eco-friendly building in Brighton Beach, but it appears the original source of the story, a post on the blog of Douglas Elliman broker William Hendrickson, has since been pulled. According to Curbed, the 15,000-square-foot building will be called Bright N’ Green. It is located at 67 Brighton 1st Lane, and will include six condos. The rendering shows wind turbines and solar panels; other green features include insulated panel walls and a grey water recycling system, according to Curbed. While we don’t know all the details, we can, in fact, confirm that Scarano is working on a green building in Brighton Beach and that he hopes to show it to the press in the fall, because he told us so. Ultra Green Condo Building Is Coming to Brighton Beach [Curbed] Rendering from Brooklyn Real Estate Insight via CurbedGMAP