« Foreclosures of the Week: Townhouse Doubleshot House of the Day: 112 Lefferts Place »

July 29, 2008

Condo of the Day: 84 Front Street, #9C

84-Front-Exterior-0708.jpg
84-Front-Street-0708.jpgWhile not one of our favorite looking buildings in Dumbo, 84 Front Street may be a good value play, judging from this new listing on the ninth floor. The two-year-old condo building is centrally located and has reasonable common charges; in this case, the 1,220-square-foot two-bedroom charges come to $923. Given the views and what a similarly-sized pad would cost down the block, we won't be surprised if the seller gets her asking price of $1,055,000. Given that she bought it from the sponsor in October 2006 for $910,000, it's not a crazy mark-up. What think ye? The first showing is at an open house on Wednesday from 5:30 to 7 p.m.
84 Front Street, #9C [Halstead] GMAP P*Shark




Posted by Brownstoner at 12:39 PM | Comments (23)
Categories: Condos, Dumbo

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/5652

Comments

"we won't be surprised if the seller gets her asking price of $1,055,000. Given that she bought it from the sponsor in October 2006 for $910,000, it's not a crazy mark-up. What think ye?"

Actually, me think it's a very ambitious markup given the market these days. $865 per sf for a standard, cookie cutter loft apt. with decent, but not stunning views (from what I can cull from the pics) seems high to me.

Posted by: Biff Champion at July 29, 2008 12:59 PM

Boring....

Posted by: Yllebdael at July 29, 2008 1:32 PM

If it's the building i'm thinking of, it's not that sweet to look at from the outside.

Posted by: guestula at July 29, 2008 1:38 PM

Yep, upper east side boring.

Posted by: dittoburg at July 29, 2008 1:45 PM

I wonder how often they update Google Maps? Looking at this takes me back to pre J-Condo and Beacon days. Ahhh, memories.

Posted by: Rookie at July 29, 2008 1:55 PM

Biff,

Condo market in Prime Brooklyn has gone up significantly since 2006 thus, I believe, there will be a bidding war & seller will receive over 1.1mm No doubt, son

Posted by: PropJoe at July 29, 2008 2:05 PM

The condo market has gone up significantly since October 2006? Pass the spliff, son.

Posted by: Biff Champion at July 29, 2008 2:09 PM

How come we don't have Quote of The Day anymore Gabby???

"Condo market in Prime Brooklyn has gone up significantly since 2006 "

Posted by: daveinbedstuy at July 29, 2008 2:15 PM

How is this a "Loft?" Yeah, it's got that living-room-kitchen thing going on, but the apartment certainly isn't open plan. It's DUMBO so automatically it's a loft?

Posted by: altervoce at July 29, 2008 2:41 PM

Dave & Biff,

DO NOT mistake Bed Stuy or Crown Heights for Prime Brooklyn. Those areas are Foreclosure Central, certainly not DUMBO.
Please!

Posted by: PropJoe at July 29, 2008 2:47 PM

Yo Joe! Who said anything about BS or CH? And who said anything about foreclosures?? You DB.


"Condo market in Prime Brooklyn has gone up significantly since 2006 " has nothing to do with either of the above. You need to concentrate and learn reading comprehension or else just shut your trap..

Posted by: daveinbedstuy at July 29, 2008 2:57 PM

Well, it's A FACT that condos have gone up much since 2006. You can't say otherwise 'cause it ain't be true.

Posted by: PropJoe at July 29, 2008 3:02 PM

PropJoe, let's stick to "Prime Brooklyn". If you consider that to include neighborhoods such as DUMBO, Brooklyn Heights and Park Slope, I still think you're wrong to suggest condos in that are have gone up signficantly from October 2006 to the present. And remember, we're talking about OCTOBER 2006 to now, not early 2006 to now.

So, where are you getting your "FACT" from? Corcoran sales reports?

Posted by: Biff Champion at July 29, 2008 3:07 PM

Is the ghetto ebonics leftover from how you were raised or educated or is it just used for affect? I find it really adds to the credibility of your arguments. As does the CAPITALIZATION.

At least the What would have done a "cut and paste" to support his argument.

Posted by: daveinbedstuy at July 29, 2008 3:10 PM

biff - in my condo bldg where everyone moved in fall of '06 all resales have been 15-20% plus.

this is williamsburg too btw.

nice apts sell especially when buyers get new without having to pay the transfer taxes (which buyers of new construction have to pay).

lots of pre-built prices are under market value, and the values typically rise once the bldg has C of O and the owners are living there.

yes, the economy is down now, but the condo is probably priced right for the area.

personally, i think dumbo is loud, dirty and dangerous with just OK amenities, so not for me.

Posted by: wine lover at July 29, 2008 3:18 PM

yes wine lover but some of those reasons that you cite do not refer to the overall secondary and larger market

Posted by: daveinbedstuy at July 29, 2008 3:20 PM

You bring the wine 3:18pm & I'll bring the brie. Dave, I believe the word you want to use is "effect", not affect. Prices be risin', son. Just the facts... Fort Green & boerum Hill have gone up a ton since Oct 2006.

Posted by: PropJoe at July 29, 2008 3:23 PM

No Joe...the context is an affected accent..

http://owl.english.purdue.edu/handouts/grammar/g_spelprob.html

Posted by: daveinbedstuy at July 29, 2008 3:49 PM

Right on Dave, you knows what you be takin' about. Propa!

Posted by: PropJoe at July 29, 2008 3:52 PM

Fort Green & boerum Hill have gone up a ton since Oct 2006.


a ton is certainly quantifiable in the real estate context. That would certainle have a huge "effect" on the market.

Posted by: daveinbedstuy at July 29, 2008 3:52 PM

wine lover, while I think your evidence is somewhat anecdotal and don't believe all "nice apts sell" during an economic downturn, I appreciate the rational response. Without the facts, I don't believe there has been a significant rise in prices across the entire condo market in all of "Prime Brooklyn".

And PropJoe, it's Fort Greene, with an "e" on the end. If you're going try to correct the grammar of other posters, at least learn how to spell the name of your favorite 'hood, son.

Posted by: Biff Champion at July 29, 2008 4:06 PM

i think i liked it better when we had the grey posting guest...at least then comments sounded like real people...some of these posts sound like fictional crap.

Posted by: cobblehiller at July 29, 2008 4:28 PM

ProJoe /2:47 > Foreclosure is somebody’s payday!

Bed-Stuy is the up & coming new nabe! Have you notice for the past two yrs…Condos/Lofts going up!???

Anyway…I’m already in. The prices are still for the taking!!!

Posted by: 911NewYorker at July 29, 2008 4:43 PM

Post a comment

Please be patient while your comment is published. It may take a moment.

Latest Restaurant Additions