$1.15 mil for a Crown Heights Condo?
The St. Johns Heights Condominiums at St. Johns and Classon have been on the market for a few months now, and business doesn’t seem to be all that bad: Six units that were priced in the $600- to $700-a-square-foot range are in contract. Now, it seems, comes the real test of how high-end product is…
The St. Johns Heights Condominiums at St. Johns and Classon have been on the market for a few months now, and business doesn’t seem to be all that bad: Six units that were priced in the $600- to $700-a-square-foot range are in contract. Now, it seems, comes the real test of how high-end product is going to fare in northern Crown Heights. Of the seven units Corcoran is currently marketing, two are in the million-dollar zone (the 1,506-sf triplex penthouse with a private roof deck and other posh amenities like a wood-burning fireplace is priced at $1.15 mil, and the 1,127-sf three-bed, two-bath duplex is asking $999,000). The building is near the subway and Corcoran’s touting its views. Still—$1 million for a Crown Heights condo in today’s market? We’ve gotta assume these babies are going to take a while to move, and that price cuts are going to be involved. Anyone more optimistic?
St. Johns Heights [Corcoran] GMAP
I live around the corner and visited an open house last weekend.
The location is not bad: maybe a block further from Eastern Parkway than you’d like, but it’s really as much prospect heights now as crown.
the problem I saw is that the apartments (at leas the one they showed) wasn’t that nice. good light, yes, but very little closet space, nothing especially nice going on. these will sell eventually, simply because people will want to be close to the museum, subway, Eastern Parkway, etc etc….
I’m afraid I agree: This is way to much to spend for anything in CH. If CH were “up and coming” that would be one thing, but I think of it more as “down and languishing”.
There’s something kinda cool about the architecture of that steel and glass addition–at least it has personality. But the building below, and the others nearby, look awfully scruffy…
This does seem a bit precious. I just don’t understand who would buy THAT, THERE, if they had that kind of money to spend. You’d have to be someone devoid of taste or any kind of respect for the historical characteristics of the neighborhood. Or rent it out to college kids? I can’t figure.
I don’t know, I actually think this is a good spot. You’re just around the corner from the subway in front of the Brooklyn Museum and this looks to be a nicely designed building from when I walked by the other day. It doesn’t seem outrageous to me.
it does look kinda nice though…
not familiar with that part of town.
I can’t fathom laying this kind of money to live in Crown Heights of all places. Mind you, you can sell pretty much anything to anyone if you’re patient and/or tricky enough, but I feel sorry for anyone who blows this much money only to land in Crown Heights.
Can’t seee a lot of millionaires dropping this kind of dough to live in a condo at that corner. still very dubious to say the least.
This is a joke. Lets check back on this 9 months time and see how much they cut the price.