14 Townhouses Update: Slow Going, At Best
We were pleased to get an email over the transom giving us an update at the much-praised but evidently slow-selling 14 Townhouses. According to the Corcoran brokers, our source tells us, only 4 of the 14 have sold, with the larger versions proving more popular so far. Also, the purchases have skewed toward the middle…
We were pleased to get an email over the transom giving us an update at the much-praised but evidently slow-selling 14 Townhouses. According to the Corcoran brokers, our source tells us, only 4 of the 14 have sold, with the larger versions proving more popular so far. Also, the purchases have skewed toward the middle of the block because of the large building that is slated to be built on the end of the block (on Boerum Place). List prices haven’t budged — $2.75M for the larger “penthouse” version and $2.56M for the smaller “terrace” version (or about $740 per square foot) — but we’re thinking there must be some flexibility at this point.
269 State Street [Corcoran] GMAP
273 State Street [Corcoran] GMAP
Open Season on 14 Townhouses [Brownstoner]
1:32 I wouldn’t critique you for being on your side of Atlantic, because it’s the right side of the tracks. I would critique you on your use of Barnes of Noble as a selling point. Chain stores make a neighborhood less interesting.
Construction zone is temporary and area is quickly becoming more populated as all those parking lots are being built. (plus 110 Livingston)
A/C station is Hoyt/Schermerhorn and this is on state (Schermerhorn is one street north) between Smith and Hoyt – so definitely very close to station,
new YMCA, Court st movie and Barnes/Noble and Smith street restaurants. Very attractive block…
And I live on other side(south) of Atlantic which I’m sure would be critiqued but all the naysayers as too close to projects.
Anon 11:58am — I’m not 11:38am poster, but I have to agree that while these are “technically” in Boerum Hill, this does not have the same neighborhood feel as the area of Boerum Hill across Atlantic. It feels much more like downtown than a small neighborhood. Geographically you are only a block or two from it all, but it just isn’t the same, and shouldn’t command the same high price. I’d rather be stuck with the crummy F train service and live on another block than have the speedy A-train and live on State St.. But different strokes for different folks, as they say.
1:09 it’s about 4-5 blocks to the A/C – which is still sort of close but not quite that close. I somewhat agree with you on the sleez factor. Though State street only gets the ocassional sleezeball a block over is scuzzville. BUT there’s always a cop on the corner. BUT for 2.5 million it’s just not that type of block / area. It’s close to that type of neighborhood (which you can buy into this for less than this price) but this is the wrong side of tracks. In a few years it may be nicer and worth 2.5 but right now – I think way less – like almost a million less.
This is Boerum Hill, for sure. I lived on this block and loved it for 11 years, It is a great location. No sleaze vibe at all. This is a block from the A/C which is a great train. Easy to Manhattan and great shopping. I live on Prospect Park West now, and totally miss State Street. These townhouses are fine for the block but cost WAY too much. They are narrow and the “decorative” metal on the outside is total cheese. The yards are small, and the big windows in back look north onto crap. I’m surprised the prices haven’t dropped yet. I bet they will.
I love these but they are surrounded by construction on 3 sides. What was a parking lot behind them is now an active construction site. The Smith is under construction across the street and the corner of State and Smith opposite The Smith is slated for a new building soon too. Once the construction is done, I think these will sell easily at this price. Who pays this much to live with all that noise?
12:15 – Bad spelling good point. I love state street – not this block per say but the next one over that runs to bond Street – but there are far too many shade balls who lurk here after dark. Also there are far far far better buildings in far better locations for in the 2.5 – 3 million dollar price range. I myself would not want to drop that sort of cash to live here. But you know what they say…”One is born every minute”
when you’re spending over $2.5 mill who wants a garden rental. if you can afford it most wouldn’t want to deal with a tenant and they shouldn’t need the money. if they need the income to get the house the they are stretching too much. also a a garden rental would ruin the entire design of the house. no more atrium or decent size living room, glass wall, etc
11:58 – The reason that are “thrilled” is because it’s going to bring a circulation of millionaires to a scuzzy area. It’s a lot nice to be followed by a guy in a suit than a one legged dude, who reeks of urine, that is followed you for a quarter. This side of Atlantic is full of creeps, hobos, and losers. It’s like a freakin Tom Waits song.