« Knakal: Supply, Not Demand, the Problem This Time Lost City's Guide to Cobble Hill »

January 28, 2009

Checking In On the Cherry Hill Tree Condos

When we discussed at 283 Washington Avenue, aka the Cherry Hill Condos, last May, the price had just been reduced on Unit 4 and we predicted it would be the first to go into contract. It's unclear whether that happened, as Brooklyn Properties shows it being in contract and StreetEasy does not. Both sites agree that there are four units still available, though, only one of which—the lower duplex—has had a price reduction in recent memory. It doesn't feel like the seller is really that eager to move these things.
283 Washington Avenue Prices [Brooklyn Properties] GMAP P*Shark
Condos of the Day: 283 Washington Avenue [Brownstoner]
Condo Conversion for 283 Washington Avenue [Brownstoner]
Fourth Cut at 302 Washington Avenue [Brownstoner]

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/8100

Comments

dead in the water

Posted by: Atlantic Frantic at January 28, 2009 11:14 AM

Wow.... what awesome places! What more could one ask for?! $600k to $1 million for these sweet pads! Damn.

Posted by: tybur6 at January 28, 2009 11:21 AM

The worksmanship on these units were horrendous. The closet in the hallway about as deep as a CD. Couldn't open some windows. Fiasco.

Posted by: DeLepp at January 28, 2009 11:28 AM

tybur6, you being facetious?

Posted by: Nokilissa at January 28, 2009 11:40 AM

In the late 70's, one of my friends lived in either this house, or the one next door, while going to Pratt. She and her roommates shared a floor though flat on the third floor. This was one of the first brownstones I had ever been in, and I thought it was so cool, even though in retrospect, it was a non renovated pit.

I remember this place, mostly because I was sleeping in the front room, I woke up and went into the next room to get some water, and the entire ceiling fell down where I had been. That tends to stick in the memory.

It's amazing that now that space is going for megabucks.

Posted by: Montrose Morris at January 28, 2009 11:43 AM

The so-called living room in Unit 1 looks more like an extended foyer. I don't see how you could make that space comfortable and livable.

Posted by: Flatbushrising at January 28, 2009 11:49 AM

And as far as I can tell, no windows in the living spaces. "Extended foyer" is a good description.

Posted by: Nokilissa at January 28, 2009 11:54 AM

Yes... facetious would be a word. Pointing out how retarded this city is would be another way to put it.

6 months ago, most people on this blog would have said $800k + $700 maint/taxes was A.O.K. and probably considered "cheap."

Seems like this would be a good opportunity for BUYERS to stop accepting these prices as acceptable. Am I the only one who thinks $4000 a month for a mediocre 1-1/2 bedroom on the G-train is silly?

Posted by: tybur6 at January 28, 2009 12:43 PM

Mr. B--I think you're making them sound fancier than they are. They're the Cherry TREE Condos, featuring one of the cheesiest Brooklyn Properties logos ever!

Posted by: tinarina at January 28, 2009 1:15 PM

Isn't the "lower duplex" a garden floor and the cellar?

Posted by: Nokilissa at January 28, 2009 1:48 PM

They are all listed as available to rent, as well. Or they were a month or so ago. On NYT website, but I don't recall who the broker was.

Posted by: MrMinerva at January 28, 2009 1:49 PM

Are you kidding me? The garden floor and cellar for a million dollars?

I don't know why I find myself pissed off about this, but what they're calling a duplex is actually just a basement-ish garden floor apartment over a cellar.

No windows, no egress... just mechanicals for the entire building and cellar storage space. They're throwing in all of that as part of the square footage.

I guess you can ask whatever you'd like in terms of pricing, but I don't like the false quality to this listing description.

Posted by: Nokilissa at January 28, 2009 1:59 PM

Am I the only one bugged by the fact that the beautiful tree in front of the Cherry Tree Condos is, in fact, a magnolia tree?

Posted by: dpurc1 at January 28, 2009 7:59 PM

They're way too expensive, and they shouldn't have baseboard heating, but I don't hate them. Except for the two-bathrooms carved out in too small a space. I hate that. I feel like the developer spent money on the wrong things with these.

Posted by: Heather at January 29, 2009 8:57 AM

I went to their open house a few weeks ago. The work is really shoddy considering the price. Pretty sloppy. And the spaces a little weird if you ask me. I think the building is being rented out because they can't sell the apartments.

Posted by: BiggieWallace at February 6, 2009 12:01 AM

I'd stay away from these places. They've been on the market forever and the broker, Hal Lehrman, won't negotiate on the prices. Given the current market and their high prices I'd say he he was a total idiot.

Posted by: NormanC at March 15, 2009 6:16 PM

Banks aren't giving loans for buildings with less than 50% of the units sold or in contract. Steer clear of these places for a while. My friend is the place in contract and it's currently going to court because he can't get a loan. I'd steer clear of this place.

Posted by: MartyM at April 30, 2009 9:54 AM

Yes! Stay away from this place if you value your time and money. I'm the guy who can't get a loan. Hal Lehrman, the sponsor of Cherry Tree and owner of Brooklyn Properties is a NIGHTMARE. I've wasted over 10 grand, I can't get a loan because of the building and I have to go to court to rightfully get my money back. STAY AWAY FOR THIS PLACE.

Best,
Brian B

Posted by: JohnQPublic at August 4, 2009 11:33 AM

« Knakal: Supply, Not Demand, the Problem This Time Lost City's Guide to Cobble Hill »

January 28, 2009

Checking In On the Cherry Hill Tree Condos

Trackback Pings

Comments

Post a comment

Latest Restaurant Additions