It’s getting close to impossible to find anything for less than $1,000 a foot in “prime” Brooklyn. Take this place at 110 Livingston Street. The 540-square-foot pad is very nice as far as studios go–with high ceilings, big windows, good light–and it’s asking $550,000. This is the new normal, people.
A four-story, seven-unit condo building we first wrote about last year has risen three stories at 45 India Street in Greenpoint. Lubrano Ciavarra Architects is designing the building, which will feature a “corduroy” brick facade, according to the architects.
The 9,920-square-foot development will have two one-bedroom units on the ground floor, one of which will have a private garden and terrace, two two-bedroom, two-bath apartments on each of the second and third floors, and a three-bedroom penthouse on the top level. Each unit will have its own independent HVAC system, washer/dryer and cellar storage unit. The development’s amenities will include a shared garden, terrace and gym. We found a rendering on the fence that matches the one we published last year. Click through to see it.
We’ve always loved this building at 330 Wythe Avenue in Williamsburg. It has some incredible apartments with double-height ceilings and views of Manhattan. This seventh-floor pad is not one of those, but it’s no slouch: The 1,400-square-foot duplex has three bedrooms, polished concrete floors, a modern kitchen. The views to the south and east are also pretty sweet. Asking price: $1,585,000.
There’s nothing left post-renovation to indicate that this two-bedroom condo at 112 Saint Marks Place in Park Slope is located in an old brownstone, but luckily for the sellers not everyone wants to live in an old brownstone. While we can appreciate good modern design, this place falls somewhere in the middle for us. It’s clean and in good shape, to be sure, but lacks character. And at almost $1,000 a square foot, we’d expect the kitchen and bathroom finishes to be a little higher end. Asking price for the 1,050-square-foot pad is $985,000.
A long-stalled condo project at 591 Washington Avenue in Crown Heights has just hit the market with one- and two-bedrooms starting at $849,000. The five-unit development currently has three listings up for grabs, and prices are similar to Hello Living’s condos across the street at 618 Washington Avenue. There’s a one-bedroom, 1.5-bath sized at 807 square feet asking $849,000, and two two-bedroom, two-bath apartments asking $995,000 and $1,025,000 respectively. (more…)
It’s amazing that asking prices of $1,000 a foot in less-than-perfect locations elicit no more than a shrug at this point in the market. Yesterday’s Condo of the Day at 500 4th Avenue was one example. Today’s pick at Clermont Greene is another. Perfectly nice new construction with a little bit of outdoor space in a desirable neighborhood but not the creme de la creme. Size: 747 square feet. Asking price? $775,000. Conclusion: Prices have basically doubled since the last market bottom.
It’s hard to say these days what constitutes a “good deal,” but this new listing at 500 4th Avenue just might qualify. The apartment has two real bedrooms with their own bathrooms as well as a good-sized living area with floor-to-ceiling windows with expansive views and a small private terrace. (more…)
This new listing at Toren in Downtown Brooklyn is pretty striking. The two-bedroom, two-bathroom pad has a corner living room with expansive views of Flatbush Avenue and the Manhattan Bridge. High ceilings, a swanky master suite and sleek kitchen round out the offering. The asking price is $1,110,000, seemingly in line with the recent sale of a similarly sized two-bedroom on the 21st floor for $1,215,000.
While the furniture isn’t helping the sales cause, this new listing at 30 Main Street in Dumbo should have plenty of suitors. The big one-bedroom (plus windowless home office) has nearly 1,500 square feet of space and sports a generous master suite in addition to the large living/dining/kitchen area. The apartment doesn’t seem to have any views of Manhattan but the combination of high floor and southern exposure means there’s lots o’ light. Asking price: $1,649,000.
This new listing at One Brooklyn Bridge Park might be the nicest apartment we’ve seen in the waterfront building. (We’re not forgetting about the $32,000,000 penthouse but that’s sui generis and not really comparable.) This place has it all: four bedrooms, five bathrooms, floor-to-ceiling windows, amazing views. This kind of place doesn’t come cheap though: Asking price is $7,950,000. Get out those checkbooks!
The high ceilings and floor-to-ceiling windows are the big selling points at this one-bedroom condo at 189 Schermerhorn Street (aka be@schermerhorn). The 15th-floor pad weighs in at only 662 square feet, though, making the asking price of $739,000 aggressive — especially when you consider that it traded for $425,000 in 2010. On the other hand, a 75 percent rise in value in four years isn’t out of line with a lot of other properties in the area. And those views sure are nice.
This two-bedroom at 560 State Street, aka Jay-Z’s former building, just hit the market with an asking price of $799,000. The building has some historic charm but the apartment itself has been stripped of anything even referencing its 19th-century roots. All that’s left is a generic white box of an apartment, albeit one located right next to the biggest transportation hub in Brooklyn (and the Barclays Center).The listing recognizes that the finishes are a little less than compelling but that therein lies the buying opportunity. Do you agree?