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October 21, 2009

324 St. Marks Launches

324-St-Marks-Avenue-1009.jpg
After what seems like an eternity in development, 324 St. Marks Avenue (aka Mark 324) has finally hit the market. As Set Speed said last week, "You'll get radiant heating in the bathrooms and a gas fireplace in every unit, but it sure won't come cheap." The eight units range in price from $631,000 for a 852-square-foot two-bedroom to $932,400 for a 1,228-square-foot three-bedroom. We'll see whether the nabe can support the prices!
Development Watch: 324 St. Mark's Avenue [Brownstoner] GMAP P*Shark DOB




Posted by Brownstoner at 11:00 AM | Comments (19)
Categories: Condos, Crown Heights, Prospect Heights

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Comments

Mark 3:24:

If a kingdom is divided against itself, that kingdom cannot stand.

Posted by: infinitejester at October 21, 2009 11:04 AM

Mark 3:24:

If a kingdom is divided against itself, that kingdom cannot stand.
Good name for a place so near the Atlantic Yards

Posted by: Joe from Brooklyn at October 21, 2009 11:13 AM

Snark 10.21:

And lo, the pricechopper cometh, and hacketh away.

Posted by: DitmasSnark at October 21, 2009 11:27 AM

From the book of Montrose:

Yea, verily, this edifice doth stand upon the edge of the wilderness, and it shineth not. From rubble did it rise, to student dorm it shall become.

Posted by: Montrose Morris at October 21, 2009 11:36 AM

Amen.

Posted by: DitmasSnark at October 21, 2009 11:41 AM

not that close to atlantic yards, joe from brooklyn- it's a great location, actually. although looking at the floorplans I can tell you that Brownstoner readers will take umbrage with the fact that on the larger units the large balcony is off the bedrooms.

IMAGINE HAVING GUESTS TRUDGE THROUGH YOUR BEDROOM TO GO TO THE DECK. THE HORROR. THE HORROR.


Posted by: Fjorder at October 21, 2009 1:10 PM

> $631,000 for a 852-square-foot two-bedroom

At $740 psf, they are asking more than the current prices at the bordello condo conversion in prime Park Slope.

Good luck with that.

Not.

Posted by: DitmasSnark at October 21, 2009 1:51 PM

Private homes across the street sold for 1.8 and 2.4 not long ago...

Posted by: IMBY at October 21, 2009 2:49 PM

On that block? I seriously doubt that.

Posted by: DitmasSnark at October 21, 2009 5:07 PM

Snark
Right across the street
303 St. Marks $1.8
305 St. Marks $2.4

Both sold within months, during construction of 324. Corcoran maybe, if I remember right.

Posted by: IMBY at October 21, 2009 5:45 PM

um, yeah, there are no private homes across the street from this place, and they're clearly starting off way too high psf. that said, i watched the building go up and it looks a lot more solid, with a lot better workmanship, than much of what i've seen being done elsewhere in brooklyn. and i'm not sure what MM means by "the edge of the wilderness." these condos are right off vanderbilt, in central PH, 3.5 blocks from the B/Q, right near a decent public school, a terrific playground, plenty of cafes, restaurants and bars, and a ~10 minute walk to the park, the museum, the botanic gardens and the library. if that's the wilderness, then i'm shudder to think what the rest of brooklyn is.

Posted by: i disagree at October 21, 2009 5:52 PM

Use google link at top of post and turn it around to see the two buildings side by side.

303 is a two family= Triplex with studio apartment and one car garage.

305 is/was a three family with courtyard facing back building duplex. (Being used today as one family?) Both very high end buildings.

Posted by: IMBY at October 21, 2009 6:17 PM

303 and 305 St Marks are both very unusual properties and really not typical of the rest of the block. 303 is a new-build townhouse from about 2004, previously owned by the architect who built it. 305 is a very cool conversion of a former small warehouse-cum-carriage house. Both were featured in Fine Homebuilding magazine. The rest of the block is a mishmash and includes a parking lot, an auto repair place (NOK -- actually a brilliant place to get your car fixed), a building lot, some shabby little frame houses and a couple of large, stable coop buildings at the corner of Underhill. It's actually quite a convenient location, if a bit of a hike from the subway.

Posted by: grand army at October 21, 2009 6:19 PM

You are right about MM, i disagree. Typically ill-informed comment...

Posted by: Big Jugs at October 21, 2009 6:26 PM

Thanks for the info IMBY and grand army. I used not far from there, and my strolls down that particular block never gave me any indication that any place would fetch that kind of cash.

Posted by: DitmasSnark at October 21, 2009 6:29 PM

321 looks is as bad and quick on the inside as it looks on the outside.

But the block is nice. the parking lot is great actually–better views, they are nice people and there are always people in and out.

It's a good area to buy.

Posted by: wi hold at October 21, 2009 11:07 PM

321 looks is as bad and quick on the inside as it looks on the outside.

But the block is nice. The parking lot is great actually–better views, they are nice people and there are always people in and out.

It's a good area to buy.

Posted by: wi hold at October 21, 2009 11:07 PM

Big Jugs, you've never had in informed opinion in your life, so I wouldn't talk.

You also have never encountered sarcasm either. I live blocks from here, I think I know what is and isn't there. It's not the worst place on earth, but the prices don't reflect that, these units are priced for a much, much better block.

Posted by: Montrose Morris at October 22, 2009 12:13 AM

Parts of the south slope looked exactly like this particular block of St. Marks just a decade ago. I'm thinking of 15th Street between 7th and 8th Avenues which was made up of single story garages, light manufacturing, auto repair shops, a few 5 story walk ups. Not very pretty. There are now numerous condo/rental buildings standing in their place.
I don't doubt that if this new development is successful, the rest of the block's nonresidential buildings will fall like dominoes.
The big question mark for St. Marks between Washington and Underwood is the HUGE open parking lot. When the owners of that land decide to cash out everything will change.

5 minute walk to Tom's Diner, if that makes a difference.

Posted by: IMBY at October 22, 2009 9:54 AM

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