Park Slope

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We’re going to need some help on this one. We snapped a photo of 9 Prospect Place simply based on its interest as an architectural curiosity. When we went to look it up on Property Shark, we noticed that one of the names that pops up in association with the property in recent years is none other than Charles Schumer. He filed a UCC1 for what was at the time, we believe, a two-unit co-op. Someone else filed a permit to build the rooftop extension back in 2005–and is still plugging away at it. So what’s the scoop? Is this where Schumer lives? Was it just an investment? And what do you think of the design? GMAP P*Shark

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After being bought for $1,425,000 back in the Summer of 2004, this brownstone at 932 President Street has been converted into four condominium units ranging in price from $700,00 to $1,190,000. If the seller gets his asking prices, he’ll gross just over $3.6 million. Of the difference between the selling price and what he paid for it, how much do you think will be profit and how much renovation and finance costs? Of course, whether the developer will get anywhere near the askind prices is a whole ‘nuther question. The renovation definitely preserved some nice original details (and the location is fabulous), but without seeing floorplans it’s pretty hard to say whether these things are realistically priced. Anyone seen ’em yet? There’s an open house on Sunday from 11 to 1.
932 President Street, Multiple Units [Warren Lewis] GMAP P*Shark
Photo by Kate Leonova from Property Shark

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The rogues gallery continues to grow over in the South Slope. The Concerned Citizens of Greenwood Heights caught another developer breaking the rules yesterday, this time at 570 4th Avenue. The violation? Use of a backhoe without a permit for mechanical demolition. The sleuths at CCGH are having a hard time figuring out who exactly the developer is but they were on the phones to 311 en masse reporting the activity. Lots of photos of the demo on the link below.
Photo Gallery: 570 4th Avenue [CCGH] GMAP P*Shark

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PARK SLOPE $770,000
675 Sackett Street
2-bedroom, 2-bath, 1,040-sq.-ft. condo in a 3-year-old building; elevator, high ceilings, marble baths, hardwood floors, whirlpool tub, north exposure, washer-dryer in unit; common charge $321; taxes $528 (abated); listed at $779,000, 5 weeks on market. Broker: Brown Harris Stevens.

PROSPECT HEIGHTS $425,000
135 Eastern Parkway (Turner Towers)
1-bedroom, 1-bath, 800-sq.-ft. co-op in a prewar building; 24-hour doormen, eat-in kitchen, hardwood floors, north and east exposures; gym in building; maintenance $711, 23% tax-deductible; listed at $435,000, 2 weeks on market. Broker: Susan N. Breen.

From the print edition of last Thursday’s New York Times.