3rd Street Brownstone Condos Get a Haircut
That didn’t take long! It was only three weeks ago that we were writing about the condo conversion at 486 3rd Street in Park Slope. After a little more than two months on the market, asking prices on two of the units have been trimmed by a little less than 5 percent. Will this be…
That didn’t take long! It was only three weeks ago that we were writing about the condo conversion at 486 3rd Street in Park Slope. After a little more than two months on the market, asking prices on two of the units have been trimmed by a little less than 5 percent. Will this be enough to generate some action? Our gut is that they’ll need another 5 percent cut before they start to get traction, but you never know.
486 3rd Street [Douglas Elliman] GMAP
Condos of the Day: 486 3rd Street [Brownstoner]
I know this building; been on market for 5 months; Actually they are good quality, well done,(however need more closets). At these prices they will sell; Top unit overpriced, $1,495 mill!!, considering it is a walkup.
I own a house in the neighborhood. I am glad the Atlantic Yards is coming.
I really really wish I liked these brownstone condo conversions. But all of them I’ve seen, including this one (not in person on this one though), are non-spectacular, feel cheapy like the place will “age” quickly and get chippy and grungy in no time. AND most importantly they’re all crazily overpriced for how much the developer actually invested in the units. One condo conversion we saw has obvious water leakage and yard run-off problems in the basement space, already. I just don’t think much thought has gone into these conversions, at all. If a developer wanted to really do it right though, designing and building beautifully done condos, people would snap them up even at these prices. Too bad the developers are so greedy and short-sighted.
another development with no style and overpriced. i went to see them 5 months ago and sometimes i think corcoran thinks people are just stupid and would pay anything to live on 3rd.
I hope they never sell!!
Beautiful!!! I absolutely love this space!!! if I had money i would buy it in a heart beat!
These have been on the market since at least July 2006 when Brooklyn Properties had the listing.
These have been on the market since at least July 2006 when Brooklyn Properties had the listing.
These have been on the market since at least July 2006 when Brooklyn Properties had the listing.
jm and west, unless brownstoner is going to deal in some constructive way with the A-Y-E posts, all we have left is irony. i’m with linus.