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]
ATLANTIC YARDS EFFECT = $$$$ FOR HOMEOWNERS
$650-800/sf I can see… but that 1BR is still over $1K/sf, and it doesn’t make any sene to me. Granted, it’s a piece of Brooklyn’s history, and the views tend to be great. But the fact remains that walking out of that building onto the corner of Hanson & Ashland (& Flatbush & 4th & Atlantic). I’m just talking about the pure sensory experience: at the convergence of three major automobile thoroughfares and on top of the city’s third-largest transit hub, it’s a traffic- and pedestrian- clogged nightmare, very loud and very smelly.
Now if they simply moved the residential entrance over to Ashland Place, or (probably impossible) sent a corridor over to St. Felix Street, it would change things consierably, and make it much more attractive to this potential buyer.
What are the carrying charges?
This building has an enormous expanse of exterior masonry. Local Law inspections will mandate repairs immediately. That’s the only drawback I see with this.
$650-1000/square foot … A-Y-E my A-S-S
$800 a foot? Some apartments in One Hanson are going for $650 a foot
http://corcoran.com/property/listing.aspx?Region=NYC&ListingID=873264
That’s a damn good deal by any measure. In 10 years this will be one of the best places to live and those prices will have skyrocketed. Meanwhile though, you have to deal with the construction and the chance that AY will be a complete disaster. That, and the fact that there’s a lot of other things available explains why things are slow at One Hanson. And also, both these apartments directly face all the new construction, and so suck balls.
I think what he meant by
ATLANTIC
YARDS
EFFECT
is that this building in construction phase is already over 50% in contract.
As a positive not negative.
i’d take that 19th floor apartment in a flash. perhaps even less than a flash. seems like a deal, for a number of reason, to me. despite the *potential* AY effect.
all of brooklyn is a hot ticket these days.
I totally agree!