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In another case of premature website ejaculation, the homepage for the 23-unit Smith N Court just dropped. (Thanks to Set Speed for spotting this one.) Despite its name, the 5-story, 33,000-square-foot project is actually located at 52 Dean Street and is scheduled to be completed this summer. It’s never too early to start chumming the waters though! Except for the penthouses and the ground-floor maisonettes, it looks like most of the apartments are geared toward the married-couple-with-one-small-child crowd, as the predominant floorplan includes a master bedroom plus a small second bedroom. No word on prices. Any early field reports on this one?

Update: Some pricing information just found its way into our inbox. The 2,868-square-foot triplex townhouse is asking a hefty $2,725,000. The cheapest apartment in the building is a 776-square-foot one-bedroom on the second floor for $610,000. The most expensive is the 1,526-square-foot top-floor three-bedroom with an asking price of $1,525,000. Size breakdown: 1 townhouse, 3 one-bedrooms, 16 two-bedrooms, and 2 three-bedrooms. The average price per square foot appears to be in the $750 to $800 range. Parking spots are a cool $70,000 a pop.
Homepage [Smith N Court] GMAP P*Shark DOB
Smith & Court Condos [Set Speed]
Photo by Scott Bintner for Property Shark


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  1. these prices may be expensive, or not. but pricing on that block should have nothing to do with the prison. only prison-related discounts should come at places that directly across from prison, like 75 smith, or whatever that odd building a block toward downtown, past atlantic, is called.

  2. How could ANYONE pay those prices for a place a block away from a PRISON…an expanding one at that! They are going to build more prison units where the gas station used to be.. Yikes…that place is Doomed. no wonder the prices are going DOWN

  3. Re: anon 11:17

    Co-op monthly maintenance charges are qutie different from the cost of carrying your own house in some meaningful ways. E.g., co-ops typically have an underlying mortgage, paayments for which are part of the maintenance, so you are carrying not only your own financing, but a portion of the building’s. Also, you are carrying a share of property tax on a multi-family dwelling, which is taxed at a higher rate in the City than a 1-2 family home. Plus you are carrying a share of the building’s insurance as well as your own. So while townhouse owners of course have costs involved in maintaining their houses, the absence of monthly maintenacne charges is a meaningful shorthand for the difference in carrying costs in terms of both the amount and what the costs are for.

    It would be nice if, before readers attacked each other, they stopped, took a deep breath (maybe visit the “zen oasis” bathroom in the house Mr. B. posted last week), and thought about what the poster to whom they wish to respond was trying to say and the context in which it was said. I have yet to figure out the algorhythm under which some threads proceed along nicely while others take a sour tone.

  4. “excuse me? have you ever owned a townhouse????”

    Well, yeah. Duh! I just figured that anyone but a dunce would understand that I was specifically referring to the MONTHLY charges that are determined by initially the self-interested developer and subsequently by a quite probably inefficient condo association. Even if my taxes and building maintenance is as much as the over $1,000 pm I would wildly guess is chargable for this unit (which I doubt), at least I have some self-determination in how and when such expenses are incurred. Plus, the more significant of those expenses are likely to impart capital improvement and consequent increased value to my dwelling in particular, with no dilution across 22 other units. And let me assure you that I do properly upkEEp my house.

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