211 23rd Street: Livin' La Vida Scarano
When we were discussing the Greenwood Hill Condos on Tuesday, we epressed surprise at the fact that the entire building was comprised of one-bedroom apartments. Not necessarily what you’d imagine the target demographic of the nabe to be. Turns out that developer is not alone in his thinking. Just down the street, the unfinished Scarano…
When we were discussing the Greenwood Hill Condos on Tuesday, we epressed surprise at the fact that the entire building was comprised of one-bedroom apartments. Not necessarily what you’d imagine the target demographic of the nabe to be. Turns out that developer is not alone in his thinking. Just down the street, the unfinished Scarano project at 211 23rd Street is made up of eight studios and one bedrooms as well (two are in contract, six are available). The studios are priced in the mid-$400’s and the priciest one bedroom (a first floor and basement duplex) is $889,000. Browsing the listings, one sees frequent use of the word “mezzanine” — no surprise given the architect involved. It may also not be a surprise to see the DOB website shows an active violation on the books since November 30 of last year. Anyone know what it’s for? We’re sure the locals will be able to fill us in on how this construction process has gone as well.
Available Units [21123Condo.com] GMAP
anon 1:35 is cutting edge. He/she lived in some super trendy nabes before they became widely acclaimed as urban hotspots: Chelsea, Williamsburg, Park Slope and now Bushwick. If what he/she is saying is true I would suspect that Bushwick is on its way to becoming the next “it” nabe.
Completely agree Anon 3:40. The only people who would be outright enraged by a higher prices are bitter. Get over it. Some people actually love this nabe (or any other that is argued about on this blog) and are willing to pay a premium to live there despite people like some of the posters here who seem to have a grudge against EVERYTHING.
Has anyone in the past 6 months mentioned a property that was priced fairly? No matter what the price tag, everyone goes crazy and says its overpriced.
The market will determine the price and so far, these condos in the so called “Greenwood Heights” are selling well.
I don’t think anyone is arguing here. We all seem to agree that the 800k sale tag on the duplex is a bit insane.
It might be my own quirk but I find it curious that some people get really offended, even angered, by the prices that people are continuing to drop on condos in the bk, even in less sought after nabes like greenwood heights.
It’s almost as if they’re trying to telepathically send prices in a downward spiral and they get angry when prices continue to inch (or even balloon) upwards.
I’d rather hear from folks like 1:55 who’ve bitten the bullet and made the move to a less popular and trendy nabe. He/she seems to be faring very well.
Waiting on the sideline just seems like it can make you into a bitter person. Maybe 11:32 and 11:37 was born with a bitter, mean streak. Or maybe someone suggested that the real estate market in nyc was a rose garden.
My personal inclination is to move out to a nabe that figures less prominently on the radar and grow my garden there. That’s why I have so much respect for the old-timers.
greenwood is a great nabe – it’s unassuming, diverse, people are friendly, old timers are cool with new folks…overall it just has a great vibe going for it.
i find it peculiar that people are bashing it here, as it is logical that as the slope pushes further south, this nabe will no doubt increase in value.
is it as pretty as ft. greene? absolutely not, but the schools are good, crime is low, restaurants and bars are coming…AND it is away from AY.
of course these particular condos are overpriced (between 4th and 5th, Scarano, high taxes {the taxes MUST be incorrectly listed!!!} and the small floor plans) but they will probably sell out at prices that might surprise everyone…
everybody calm down. jeez. i don’t even know what folks are aguing about anymore…
yeah, 800k in that nabe is steep, especially if the taxes work out as mentioned. that’s crazy.
i bought a 2 story wood frame at 8th ave (and 20th) for $500k 2 years ago and felt a bit crazy for doing so. it doesn’t seem so stupid now. still, it’s a house, which for me, beats a condo by a long shot. ps my taxes are about 800 bucks a year.
Agree, 2:48. But what’s the sense in questioning the price that a property sold for legitimately. The real estate market in nyc has never made much sense to me. I suspect that it will continue to boggle the mind (for better or worse) in the months/years to come.
People’s circumstances, checklist and motivations differ dramatically from yours and mine. Maybe the buyer has some insider info that you or I might not be privy to. Or maybe he/she is just another sucker born yesterday.
The sale price might be an anomaly but only time will tell.
2:35 – What the fuck is so “real” about greenwood and why is worth paying almost a million bucks to live in this so called reality.
so by buying a 850k 1 bedroom in a working class neighborhood that may and hopefully according to the buyer one day be like the neighborhoods they’re fleeing – they are getting away from pretense. Sounds like they are the pretense and are paying a super high price to be ther first to do so. These prices are the same as prices in Park Slope / Fort Greene, etc only there isn’t dick to do here. It’s further away from Manhattan and as of now UGLY. You buy into a community like this on the cheap. Not at top dollar.
to put this mildly..many folks are fleeing the slope, ft greene, etc to get away from the pretense. greenwood represents whats real..many young folks are willing and able to afford the condo’s, and want to live with young like minded individuals..these condos’s themselves represent individuality, unlike the repetitive row/townhouse/brownstone of the slope, etc.