New Development: Greenwood Hill Condos
Pity the poor developer trying to think of a name for his building this late in the real estate cycle! We’re not sure why a modest building like this one one 23rd Street really needs a name like the Greenwood Hill Condos but such are the times. This offering — which comes on line this…
Pity the poor developer trying to think of a name for his building this late in the real estate cycle! We’re not sure why a modest building like this one one 23rd Street really needs a name like the Greenwood Hill Condos but such are the times. This offering — which comes on line this weekend courtesy of the marketers at Corcoran — is actually two separate but adjacent buildings comprised (somewhat surprisingly) only of one bedrooms. Prices range from the mid-$300’s for lower floor units with no outdoor space to almost $600,000 for higher floor apartments with several hundred square feet of deck space. While we’ve been told that the views are killer from some of these places, we just cannot fathom who’s gonna drop 600 beans for a one bedroom in this location, especially when the exterior architecture is nothing to write home about either. At least this place is a little more “contextual” than some others in the area (and as far as we know the contractors behaved themselves during construction). There’s lots of time to see for yourself this weekend — the inaugural open houses are being held both days from 1 to 4 pm.
Building Description [Greenwood Hill Condos] GMAP
Multiple Listings [Corcoran]
I live in the hood and this location is absolutely, incomparably superior to the 4th ave @36th street location in sunset park that someone was asking about. these are at the corner of 7th avenue and 23rd street – a long way from the “noise” of 4th avenue. And i’ll take a 7 or 8 minute walk to the subway anyday if it means i get to live on a beautiful, quiet block.
what an amazing corner to live on – with greenwood cemetery right there – you forget you’re in nyc.
I don’t know anything about the interior of these condos, so maybe they are overpriced, but i’ve driven by and they seem decent enough.
i bought in this neighborhood a few years ago and the changes for the better are underway much faster than i had anticipated.
We own a 3 family brownstone in PS that is the same size (so, each floor is 1350, but each apartment is “honest” 1100 sf).
And it is 3 bedrooms, plus living room, dining room is combined with kitchen and there is a 10’X12′ office or dressing room off master bedroom with an internal (lightwell) window. Each apartemnt has WD and very pretty 1 full and 1 half bath. Lots of original details but all new plumbing and upgraded electric.
We were thinking about converting… But we decided to keep it as rental for now.
So, you are saying that we will be able to get more then 750K for each unit? (it is PS and not far from the park).
Interesting…
There is a supermarket nearby at Eagle Provisions on 5th Ave. near I think it’s 19th Street. It’s actually a great mid-sized market. Plus Fresh Direct delivers. I’m not the agent for this condo btw. I actually represent a nearby project. Sales have been brisk at our site and I wish these guys well!
Speaking of three bedroom apartments…my developer friend just told me a four family home on Ft. Greene Place right behind BAM is being converted to condos. The building is extra long and is going to have 3 bedroom and 2 bedroom units at around 1350 sq feet and sell for $700 a foot with central AC and serious kitchens/baths. I think that block is landmarked. Anyone have info? I need a three bedroom and would prefer a traditional brownstone/brick home to new construction.
Wow, and I was getting all psyched to view these apartments. I’m from Westhampton and not familiar with Brooklyn at all. It was a shame to hear there are no supermarkets, I can live without cafes and art galleries, but not food!
I agree, 1:23, I think all these condo developers are going after singles and couples who have been paying high rents in Manhattan or in prime Brooklyn neighborhoods. I finally figured it out when we were searching for a 3 or 4 bedroom new condo, as a house alternative, and realized they don’t exist! You might maybe find a 3BR but the bedrooms are teeny and they want you to pay well over a million for it. However there are tons and tons of 1 BR condos being built. So that shows you right there who they see is the next wave of new Brooklyn homeowners.
I just moved to this area and keep noticing more and more signs of gentrification. Living Room Lounge on 23rd st, HasBeans, Cafe Sutra on 5th, some new wine bar that is supposed to open near 18th st. And of course Kitchen Bar and BarBQ. It’s nice to see some new businesses. I just wish Eagle Provisions would stay open later– petition, anyone?
Don’t forget the goregeous view of the electrical station at the corner. The co-ops in Sunset Park offer comparably sized apartments in pre-war buildings for about 30% less, plus there’s the super-express subway from 36th St.
The POV from the developer we got was they were modeling the units to go after singles or couples, not families…
We would have LOVED floor thrus (4 units instead of the 8 they came up with). I think they are going after someone who’s paying high rent in Manhattan, the Slope, etc. and can afford a $300-$400K…
New model for condos? Not sure…