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April 3, 2008
Condos of the Day: 118 Greenpoint Avenue
Sales launched only a few weeks ago but already 4 out of the 15 units at the Canvas Condos at 118 Greenpoint Avenue have accepted offers on them. Frankly, we're not surprised. This is one of the nicer boutique projects we've seen in a while. With prices ranging from $359,000 to $699,000, it's well priced for the Greenpoint buyer. The location ain't too shabby either (assuming North Brooklyn is your thing). Hopefully this'll send a message to developers that a tasteful conversion of an old building can still sell in this market. Stop the unnecessary teardowns!
118 Greenpoint Avenue Listings [Aptsandlofts] GMAP P*Shark
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Comments
Frankly i am surprised
Posted by: guest at April 3, 2008 1:02 PM
Whats the G train......
Posted by: guest at April 3, 2008 1:24 PM
Well its a landmark, which would account for the non-teardown part. (Although where that cornice came from still puzzles me.) But yeah, tasteful conversions (even in non-landmarks) seem to be selling well - the Mill, for instance, or the former paint factory on Roebling and N 10th (or so).
Oh, and this is/was a (gasp!) Bob Scarano project.
Posted by: WBer at April 3, 2008 1:32 PM
While the big windows and high ceilings are great the potential for a loft vibe is ruined by a banal and generic layout - front space divided into a too narrow living room by putting in a too big bedroom/closet/bathroom. Honestly I have seem this layout in pretty much 90% of the lame condo developments in brooklyn. I just can't believe you think these are interesting brownstoner - sometimes your taste is pretty suburban IMHO.
Posted by: guest at April 3, 2008 1:47 PM
Yep very nice, on a failry well preserved stretch of street, and on the uncrowded G too (unless they open that Atlantic Ave link).
Posted by: guest at April 3, 2008 2:08 PM
the brownstoners who know little about williamsburg constantly refer to the Mill as if it's so great - it's not. many of the new units and new buildings are way nicer and way better run.
greenpoint is great for families - excellent schools.
Posted by: guest at April 3, 2008 3:14 PM
I lived across the street from this location for three years. Greenpoint is wonderful, but get use to viewing hundreds of large and loud trucks drive up and down GP Avenue on their way to the LIE.
Also, this is located directly next to a poultry slaughter house. Every morning at 6 am there is chicken delivery and every night, around 11 pm, a garbage truck empties the slaughtered guts – very loud!
The price is right, but the location is so wrong. I just hope those in contract know how loud this street is.
Posted by: guest at April 3, 2008 3:28 PM
go to the map above and follow greenpoint ave towards newtown creek about 2.5 blocks. those green rectagular shapes are the primary settling tanks for the city's largest wastewater treatment plant. about 350 million gallons a day are treated there. still smell like a bargain?
Posted by: guest at April 3, 2008 4:01 PM
used to live in gpt, closer to mccarren. not a bad hood, a little gritty and blustery (hard to describe, but you know what i mean if you have ever lived there). summers often bring a waft of sewer aroma, even down by mccarren, so i know these will get it double. pricing seems "ok" for the hood, but i personally left for park slope and will never look back at any price. i wonder how many of the 4 in contract were the 1br ~350k ones. at that price, it could be compelling for a single or barren couple.
Posted by: guest at April 3, 2008 4:28 PM
ahhhhh smelly industrial greenpoint just the way i liked it when i was living there.
Posted by: guest at April 3, 2008 4:54 PM
While it's cool that they kept the original building, the layout and fixtures are boring and that stretch of the avenue has some serious cons. You could do better with your $360k elsewhere in Brooklyn.
Posted by: guest at April 3, 2008 5:41 PM
Greenpoint does get the occasional stench, but it always seems to be worst when the wind's blowing east. What's across the river in Manhattan that's so rank? It's got to be pretty fierce to compete with the sewage plant and the Newtown Creek...
And speaking of stink, I think this is the first Scarano building I've ever seen that actually fit the location. It's unsettling.
Posted by: deadnancy at April 3, 2008 5:47 PM
I'll say again... I vote we sell greenpoint to queens. brooklyn can then donate 4 bucks to each Bear Stern employee.
Posted by: guest at April 3, 2008 8:23 PM
Please, Brownstoner, tasteful conversions of old buildings have sold in any market. And often they sell better than new construction. The reason developers do unnecessary teardowns is not because they can't sell conversions of old buildings, but because they want to build higher, to have more units to sell, to earn a higher profit. And unless landmarking and zoning laws prevent them, they will keep doing it. It's the capitalist way.
Posted by: guest at April 3, 2008 10:49 PM
i have to say this spot is so bad if its all i had to choose from i would just leave town. no price is worth it.
Posted by: guest at April 4, 2008 6:51 AM
Yay for contextual, non-ugly, low-density, thoughtful development!! if only we had such thought going into our increasingly hideous waterfront.
Posted by: guest at April 4, 2008 7:52 AM
8.23 - you trot out the smae cooment every single time. Are you the faded-type moron?
Posted by: guest at April 4, 2008 10:11 AM
10:11 foaming from drinking greenpoint tap water? you dirtbag.
You cant fade me!
Posted by: guest at April 4, 2008 4:10 PM
avian vietnam is one wall thickness away. imagine being on the 2nd floor looking out to get a birds eye view of a dumpster full of chicken guts. now that is value.
Posted by: guest at April 4, 2008 9:31 PM
The lofts are absolutely elegant! What's really nice is the units also come with a storage space.
Posted by: guest at April 30, 2008 2:15 PM
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