Set Speed Condo Report: Faculty House Condos
Aguayo & Huebener is marketing new condominiums in a former rectory to the Cathedral Mansions on Atlantic and Washington Avenues in Clinton Hill. This interesting new condominium project, aptly named the Faculty House Condominiums, features 11 units, all of differing sizes and layouts. All units are at least 1 bedroom and 1.5 bathrooms, ranging from…
Aguayo & Huebener is marketing new condominiums in a former rectory to the Cathedral Mansions on Atlantic and Washington Avenues in Clinton Hill. This interesting new condominium project, aptly named the Faculty House Condominiums, features 11 units, all of differing sizes and layouts. All units are at least 1 bedroom and 1.5 bathrooms, ranging from the smallest at 803 square feet to the largest at 1,553 square feet. One 953 square foot unit is spread out over three levels, with the third level being an outdoor deck. The website for the project contains a detailed matrix of information for each unit, from square feet to number of levels to windows and exposures to whether each unit contains a washer/dryer hookup, dishwasher or fireplace.
From pictures on the site, some of the units have stainless steel appliances, while others do not. Other features include built-in shelves, Mexican saltillo tiles, exposed brick and custom glass tiles. This apartment building is less than 2 blocks from the C stop at Clinton-Washington, 3 blocks to Locanda Vini e Olii, and 2 blocks to the new Washington Condos project. The Aguayo site doesn’t show much details on price and carrying costs, other than saying that 2 bedrooms start at $535K.
About the Building [Faculty House Condominium] GMAP
New!New!New! [Aguayo & Huebener]
Every Thursday (we’re making an exception this week), ltjbukem, whose own blog Set Speed scrutinizes the progress and quality of new developments in the area we know as Brownstone Brooklyn, pens a guest post about goings-on in the condo market with an emphasis on new projects.
To the $50MM broker. I was the poster from 2.33pm 11/25/05. I’m not a broker, just a brownstone owner in Clinton Hill who made a comment. I don’t think anyone else is a broker with a hidden agenda either. You seem overly concerned and sound like a bit of an insecure loser. The market will decide if the Faculty House is a job well done or not. I don’t understand your beef or your conspiracy theories.
i don’t understand the conspiracy theories that the $50MM broker is going on about. Sounds like a loser to me. i wrote some of the comments above. I’m a lawyer who lives in Clinton Hill, not a broker. Get a life pal.
Clearly, if the Brownstoner recently purchased a brownstone in Clinton Hill, he is a real consumer who was recently in the market. It is very easy to make claims and point fingers when you are anonymous and don’t have to back up anything you say with facts. I don’t recall the Brownstoner every calling himself an expert on housing. If you look at his mission statement, he clearly says that the whole purpose of this site is to explore his “..unhealthy obsession with historic Brooklyn brownstones and the neighborhoods and lifestyles they define.” Since brokers generally get paid by the seller of a property, unless he happens to be currently selling something, I don’t think he employs any of them. You can easily start your own blog if you feel that you have some genuinely useful content.
and proving your fraud…these are the most ridiculous layouts -because of an absence of expertise by A&H who will immediately blame the developer. These layouts could have been easily adjusted had a proper consultant been involved. dopes. what a waste, done correctly this building would have overcome the location and been a factor in the overall value increase surrounding. make an effort.
curious how in depth you always go with A&H? It would be a lot more respectable if you were straight forward. brownnoser employs an anonymous A&H broker…”brownnoser” the self proclaimed house expert and “ltjpukem” (what- do you have terrets?) the self proclaimed condo activist – perfect match of shallow speculation lacking any legitimate expertise and faulty information. Nice job dopes. This is the equivalent of your butcher prescribing your heart medication. I am a veteran broker averaging 50mil annual sales. I’m not the top but certainly not the bottom. It’s a shame that you have a great forum you fail to legitimize by perpetuating the equivalent of the national enquirer. It’s about time some professionals started a forum to provide some genuinely useful content to those “real” consumers acutually in the market. mmmm…
I think the only drawback of these places is being on Atlantic Avenue with the traffic. That being said, there are numerous apartments on Atlantic futher west in Boerum Hill and Cobble Hill/B. Heights. These are significantly cheaper. If the rail yards are developed, this stretch of Atlantic might get a bit of a face lift too, making the traffic more acceptable. I do not think the prices are outlandish though for the market and the neighborhood (albeit the edge of a Clinton Hill on Atlantic). You are close to the subway on Fulton which is a plus.
I think those “2BR” with no full bath access for one of the BR should be marketed as a 1 BR w/den and will prob. be used as such.
I love how they call below grade room the rec room. It’s clearly fitted out as a BR with full bath.
There are currently no apartments for sale at 555 Washington — the Catherdral Condos. The most recent one (1C) signed a contract on 10/20 (don’t know for how much — hasn’t closed yet). They started out asking $650K in June (1300 sq. ft. 1 1/2 baths, 1 BR with loft), dropped to $599K in July, and again to $578K in August and $565K in Sept. I don’t know how much of this price drop is due to the Faculty House and how much is due to it being overpiced to begin with and to the ugliness of Atlantic Avenue in general here — I think 555 Washington is such a special building with such great architecture and unique apartments that Faculty House isn’t really competition (except maybe in terms of price — but you get what you pay for).
your guest? what about your children? or two roommates with different work schedules? no thanks!