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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


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  1. well even with the prices at the vermeil, you don’t get the parking included. i think it’s like 60K extra or something similar.

    not sure about that place though…it looks to be sitting there with nothing done to it in ages.

    i don’t know….i look around here and there on the real estate sites and it seems that a lot of the more prime stuff is inching more towards 1000. could be wrong.

  2. I thought the Vermeil was an anomoly, and also was priced so high because it was new construction, with parking and the places are all really huge (although, like my place, it’s not in PS 321). I thought that 1000 per s/f or more was strictly heights and dumbo territory, and that until now even 7-800 per s/f was considered really high for Park Slope. Is there also huge condo vs. coop differential?

  3. i take it back. the vermeil looks like it’s a little over 1000 a sf.

    hmmm. not sure. maybe they lowered the prices a little bit lately. thought they were more.

    in any case, 1000 seems to be about the norm for the good stuff in the north slope.

  4. I think the reason that these places do particularly well is partially due to the fact that many Manhattanites are looking at Brooklyn and Park Slope on an ever more increasing scale.

    These places are just the kind of place where a person coming from Manhattan cam move right in…a couple let’s say…not have to do anything to the place, have the high end finishes, etc. and still be paying probably about 500K to a million less than they would for a similar place in the city.

    Just my guess, anyway.

  5. I think if you really take a sampling of places for sale in the North Slope within the historic district you will find that average prices are indeed around the 1000 sf mark.

    take a look at http://www.thevermeil.com

    these places are going for what looks to be more like 1400 a sf.
    granted they don’t seem to be flying off the shelf.

    i was speaking to a realtor friend the other week and he said he hasn’t seen the demand so high for park slope properties in quite some time. he said anything decent is going pretty fast and for a premium.

    makes sense to me. i imagine prospect park in the spring gets a lot of people even more excited about the slope.

  6. Again- I like the look of these places, but are they really going for around 1000 s/f? What’s the reason again? Isn’t that way higher than most places in PS would ever go for? They have another listing (#105) with two bedrooms and a roof deck on 3rd street also between 6th and 7th for 659K. What accounts for the 300K difference? Couldn’t you buy the cheaper listing, and add the upgraded appliances, paintjob, bathroom and central air for less than 100K?

  7. This makes me appreciate my mother’s Bed-Stuy brownstone even more. It looks alot like this and she purchased it in 1980 for 27, 000. The simplicity of it is what I most like. Neutral paint and a bouquet a fresh flowers. Simple & elegant.

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