Condos of the Day: 659/661 Carroll Street
After selling out the brownstone condo conversion at 659 Carroll Street in Park Slope, the same developers are gearing up to do the same thing next door at 661. While the prices (which start at $949,000) seem aggressive to us, we have to say that it’s refreshing to see a conversion like this that’s neither…
After selling out the brownstone condo conversion at 659 Carroll Street in Park Slope, the same developers are gearing up to do the same thing next door at 661. While the prices (which start at $949,000) seem aggressive to us, we have to say that it’s refreshing to see a conversion like this that’s neither complete crap nor trying to be too “luxury”. It looks to us like the developers went for a straight-down-the-middle approach that plays up the original floorboards and fireplace and delivers a very solid product without too much futzing around. Even the bathrooms, which have a modern edge to them, are tastefully done. Of course, the photos we’re looking at are of the first building; the second one is under construction, so it’s hard to say for sure that they will stay the course. You can go poke around for yourself at the open house on Sunday from 12-2. Small developers, take note. Keeping the original floors made this apartment.
Property #107 [Townsley & Gay] GMAP P*Shark
this is a little late to the party, but i live around the corner on 6th in an almost identical building with the exact same floor plan, also renovated. i pay 2500 per month. the gap between renting and owning for comparable units is pretty huge when your all in payment for these is more than double what i pay (assuming 20% down). way overpriced…
but gingerbread is so delicious.
Yes, most work is crap. Glad someone else
sees it. In the olden times, we called fake
details that would fall off soon after you purchased, gingerbread. In the old days,
people would laugh at such developers, and
avoid their developments. Our newer residents don’t understand about gingerbread.
6:34 am, no, people have probably seen very few great renovations. I learned something when right after I moved here 4 years ago and went to a party at a $3 million luxury loft condo conversion near Cooper Union, that NYC developers do quickie cheap renos, period. No matter what they are charging for the property or where the property is located. My observation was only confirmed every time I stepped inside a luxury condo conversion in Park Slope when we were looking at those.
So you make the choice. You just deal with the fact developers don’t do the best work and accept it and live with it, or you buy a fixer and do the reno yourself. Or better yet, buy from a homeowner who actually lived in the place and did or paid for the renovations him/herself. But yeah, it gets tedious to hear every time a newly renovated condo or house is HOTD, that the renovations are cheap or some corners were cut. We know that! It’s a given!
Are you sure you like the renovation?
Have you ever seen a great renovation?
After being a reader of this website for
two weeks, I have come to the conclusion
that most of you don’t know what you are talking about. Your frame of reference seems to be tied to yesterday, not even the day before yesterday. The Emperor
wears clothes.
I was in the building when the whole building was for sale at around two mill.
It was on the market for a long time.
I am glad it is tasteful, so many of the renos are a joke. I see things through old eyes, everything is a tacky reno job to me. I’ve been reading everyone’s comments about the real estate market. My question
is this: supply and demand tends to control all markets, and downtown brooklyn,according to the news,permits,etc. will be the recipient of ten thousand new units of quality housing. New construction, views of the water, all amenities including spas and
attended lobbies. My question is liquidity. With so many options why would someone pick your house, your condo over a brand new thought out construction. Don’t you think the market
will be slightly over built, top heavy
comes to mind. If you must sell in a hurry, if you need liquidity for whatever reason, seems like you might have to lower the price to compete with
the lofts being built. New Yorkers, I don’t understand the taste of out of towners, like airy, light, spaces. I
bought my loft before Dumbo became crowded. Now, we are selling, and there
are many units on the market down here.
We will still realize a great profit,but
… Milton Friedman’s face appears to me. May he rest in peace. When the market gets over heated, developers just
rent their units instead of selling. What do individual owners do with such a saturated market.
what’s the maint. charges on these?
I like the reno job staying true to the original details. I’d like to see more color, but everyone’s different. Can’t blame anyone for going neutral.
I agree about the U kitchen. There’s just more key storage with them. 172 Sterling got it right with that one.
The market is indeed insane here. Not sure if they sold yet, but I went to the condo open house on 3rd between 6th and 7th a couple of weeks ago and that’s when I realized the market is absolutely insane. a 4th floor walk up, just eh renovation (I think there were new floors), the 2nd “bedroom” was hardly a bedroom in Manhattan standards, listed for $850K. I was pissed at everyone after leaving there — me, for waiting so long to buy, the brokers for having the balls to list at these numbers and the suckers who buy them and keep this ridiculous market afloat. I like Park Slope and would ideally prefer to stay in the nabe, but as someone who commutes to midtown for work, I’m telling you it is simply not worth this kind of money.