« More Tickets for Stoop Drinkers Project Profile: Sterling Green »

September 16, 2008

Sales Begin at Greenwood Plaza

greenwood_09_08.jpg
Our post about Bay Ridgers feeling invaded by condo development made some Greenwood Heights residents shake their heads knowingly, as the South Slope and GH have seen their own condo boom. Here's an example: 184 21st Street, aka Greenwood Plaza, went on sale last month. The building has 22 residential units, one commercial unit and four parking spots (handy as there's a school across the street, where double parking during pickup and drop-off times is common). Twenty-one units are one-bedrooms from $395,000 to $819,000; they're 581 to 1,100 square feet and have "outdoor garden spaces as large as 1,125 square feet" according to a press release. On top is the penthouse: 1,900-square-foot two-bedroom, one-and-a-half bathroom, duplex, asking $1.5 million. Here's the description of the insides: "Hardwood oak floors, oversized windows and balconies boasting spectacular views of the NY Harbor and Statue of Liberty," plus "common roof deck, private storage and bike storage in the basement as well as video security systems." It's certainly an up-and-coming area; think there's any chance they'll get the penthouse asking price? The project is marketed by Bond New York.




Posted by lisa at 10:01 AM | Comments (18)
Categories: Condos, Greenwood Heights

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/6195

Comments

Mmmmmmmm....cemetaries.


Posted by: Prodigal_Son at September 16, 2008 10:21 AM

actually prices start at 334000 according to the website. they are ugly. make them under 300k and maybe they sell.

Posted by: mule at September 16, 2008 10:31 AM

"It's certainly an up-and-coming area; think there's any chance they'll get the penthouse asking price?"

Ah, come on, you know full well there's no way. Every time they build one of these, an angel gets its wings ripped off and stuffed down its throat.

Posted by: heck_of_a_job_brownie at September 16, 2008 10:35 AM

I see this building having the same fate as the much better looking one a few blocks north (4th and 19th) - rentals!

1.5? Talk about being a few years late on that gravy train.

Posted by: LilBitOfLuck at September 16, 2008 10:41 AM

This is ugly as sin. It's like the strip mall of condos. The only thing those daft little balconies do is give the residents a place to shove all of their unwanted crap.

I hope they sit vacant so as to discourage developers from building these hideous concrete monstrosities.

Posted by: TownhouseLady at September 16, 2008 10:45 AM

TownhouseLady:

Thanks to oppressive zoning laws amongst other government interventions in the market, there is a housing shortage in this city and has been since the 1960s. When people are desperate for housing, they will take anything that functions and a domicile.

Perhaps someday we will return to the good old days when developers actually had to compete for tenants and/or buyers. I can dream.

Posted by: Polemicist at September 16, 2008 11:28 AM

you can get something at Toren with similar square footage plus awesome views for 1.3 million. why in the world would anyone pay 1.5 way out there? it's ridiculous.

Posted by: TD at September 16, 2008 11:33 AM

WOW...with those prices, you'd think the neighborhood already up'ed and came'd.

Posted by: bayridgegirl at September 16, 2008 12:10 PM

Pole, do you really think there is a housing shortage in this city today (or will be over the next couple of years)? - serious question.

Posted by: Biff Champion at September 16, 2008 12:36 PM

What a crappy website. (I mean, for that building.)

Posted by: broadwayron at September 16, 2008 1:12 PM

crappy website indeed, after looking at a floor plan, you can't hit 'back' on your browser, it takes you out of the site...it drove me nuts.

We looked at a couple of things in Greenwood heights, the neighborhood has a way to go before it can command these prices. Too many tire shops and metal warehouses for million dollar apts. The cemetery is a beaut though.

Posted by: bayridgegirl at September 16, 2008 1:24 PM

That was a heck of a jab, Brownie!

Posted by: SnarkSlope at September 16, 2008 1:55 PM

$1.5 mill? Not this decade. Also, too close to 4th ave. I think half of the units face 21st and half face 4th. Maybe if it were between 5th and 6th, we could begin to entertain the idea of $1.5.

Posted by: GWH at September 16, 2008 2:56 PM

Um, did I go blind or did some of the floorplans show ZERO closets in some of the apartments. To compound that stupidity, the bedrooms (if you can legally call it that without a closet) aren't even large enough to house a wardrobe/armoire and several dressers to make up for the fact that there are no closets. Who is the boob that designed this monstrosity? Good luck selling or even renting this POS.

Posted by: InsertSnappyNameHere at September 16, 2008 3:03 PM

$1.5? No way - I don't even think above a million, unless they let it sit for maybe 5 years...

Posted by: KHuebbe at September 16, 2008 4:00 PM

Their website is ass, the building is ass, offer $256,00

Posted by: Xander Crews at September 16, 2008 4:34 PM

Biff,

The continued persistence of the housing crisis is well known. I see no reason why it won't continue. Certainly, if there wasn't a shortage - we wouldn't have wretched properties like this dumped on the market for such ridiculous prices.

This is no different than charging $100,000 for a Kia. In a normal market, this kind of property would cater to the poor.

Posted by: Polemicist at September 16, 2008 4:52 PM

Again, my favorite phrase:

SHIT SANDWICH!

This time in the form of a Turkey club.

Too bad the photo doesn't show the rust flowing down the buildings as rivulets of tainted water from the 2 1/2 year old unpianted balconies discharge onto the architectural gem...

Christ, I cannot believe I am going to say this, but why couldn't it have been a Scarano?

And where is the outdoor space? There's ZERO yard, unless you count the parking lot next door...and the new building going slap-dab next to it.

Oh, I know, the added up all the balcony sq. footage and counted that as a whole for the outdoor space. I love fuzzy math.

And Pole, you have to admit this is next to one of the worst you have seen of the blog, besides your on-going, multi-post / multi-thread diatribe on zoning reg's and oppressive political and economical systems and the like, right?

Posted by: Action Jackson at September 16, 2008 5:22 PM

Post a comment

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

Latest Restaurant Additions