A Tweak and a Trim at One Hanson Place
Despite having surpassed the 50% sales mark, they’re still fine-tuning the pricing over at One Hanson Place. Surprisingly, a 1,050-square-foot two-bedroom on the 17th floor was just trimmed from $883,858 to $864,471; less surprisingly, a 590-square-foot one-bedroom on the 19th floor received a heftier reduction from $642,147 to $598,930. (We’d think that $800 a foot…
Despite having surpassed the 50% sales mark, they’re still fine-tuning the pricing over at One Hanson Place. Surprisingly, a 1,050-square-foot two-bedroom on the 17th floor was just trimmed from $883,858 to $864,471; less surprisingly, a 590-square-foot one-bedroom on the 19th floor received a heftier reduction from $642,147 to $598,930. (We’d think that $800 a foot for a two-bedroom would be getting the job done; we can see why a smaller apartment asking over $1,000 a foot needed a push.) We were up on those upper floors a few weeks ago and remain bullish on this building.
One Hanson, Apartment 17G [Corcoran] GMAP
One Hanson, Apartment 19E [Corcoran]
One Hanson Breaks 50 Percent Barrier [Brownstoner]
http://corcoran.com/property/listing.aspx?Region=NYC&ListingID=873264
$650 a sq ft? Measure it out..
150+360+187+150(kitchen/foyer)+150(wic/ensuite) = 997
(I am being generous and rounding up every x and y dimension to nearest foot)
997 @ 858k = $860 a sq ft! and you still have hefty closing costs (paid by buyer), to push that to 900 a sq ft..
then there is the $1300 a month in maint+taxes.. over $1.50 a (real) sq ft..
in time it will be a nice place to own especially if you have a view but for the next 5 years there are still better options I think.
The apartments are not all that, the “home offices” are another way of saying “featureless windowless airless room”, the bedrooms are smaller than I expected. The maint and taxes are either large now, or will end up being large over time as the abatements ease (I forget which). Lastly, but not least, you are in a disgusting island of chaos and traffic and dust which is fine if you love your view and your apartment but leaving it three times a day and seeing the tree-lined streets out of reach would just make me wish I’d purchased a chunk of real estate on a nice block (or at one brooklyn bridge park!)
“When the lucky owners are looking out their windows at the large trashy Arena, surrounded by fried chicken joints, strip clubs, parking lots and honking traffic they will be able to reflect on the AYE at leisure.”
Typical AY opponents melodrama. I like the possibility of strip clubs, though.
If I’m living in a 2 story house next to Atlantic Yards I’m bummed because because the scale and character are so ridiculously different.
If I’m living on an upper floor of the Williamsburg Bank building I’m into Atlantic Yards becuase its bringing me things to do.
“When the lucky owners are looking out their windows at the large trashy Arena, surrounded by fried chicken joints, strip clubs, parking lots and honking traffic they will be able to reflect on the AYE at leisure.”
OMG…THIS is what it’s going to be like??
where? i want to move in!!!!!
I agree with the “bullish” sentiment. This is a gorgeous building in an area that’s soon to be booming. Plus, you can walk to get fried chicken!
besides the bank, what else used to be in this building? offices – public/municipal and private? Amazing that this is now real estate property
When the lucky owners are looking out their windows at the large trashy Arena, surrounded by fried chicken joints, strip clubs, parking lots and honking traffic they will be able to reflect on the AYE at leisure.
When the lucky owners are looking out their windows at the large trashy Arena, surrounded by fried chicken joints, strip clubs, parking lots and honking traffic they will be able to reflect on the AYE at leisure.