53 Lincoln Condos Hit the Market
A new glassy addition to the brownstone block of Lincoln Place between 5th and 6th Avenues in Park Slope just hit the market this week. The modern building has four apartments—three floor-throughs and one duplex—ranging in price from $995,000 to $1,950,000. (It looks like Aguayo & Huebener is sharing the broker duties with Sotheby’s.) It’ll…
A new glassy addition to the brownstone block of Lincoln Place between 5th and 6th Avenues in Park Slope just hit the market this week. The modern building has four apartments—three floor-throughs and one duplex—ranging in price from $995,000 to $1,950,000. (It looks like Aguayo & Huebener is sharing the broker duties with Sotheby’s.) It’ll be interesting to see what the appetite is for spaces in this area that are priced at almost $1,000 between $800 and $900 a foot. What do you think?
53 Lincoln Place [StreetEasy] GMAP
It looks nicely done. If the prices were 650-700 psf, they would be a decent deal. The charges are low, the finishes look nice.
OK, maybe the facade of 282 isn’t windowless (obviously, just look at the listing pics). It’s the ground floor as you walk past on the sidewalk that I think is windowless.
I have been watching this place go up for a while now. Absolutely no way in hell is it worth anything near those prices. Right across from 282 and its very noisy playground, and staring at the ugly (windowless?) facade of the school. The block lacks shade and character.
Location aside, I have no idea what these places look like on the inside (though I can tell you construction was cinderblock after staring at the shell from the playground so many times).
Just one block up and you have a fabulous block with the old whorehouses for sale, in a more aesthetically pleasing building (to me anyway) at what I think are more modest prices. This place would have made sense for someone who is desperate to buy into a bubble with no inventory, but now there are lots of choices, and some of those choices are in much better locations.
It will be interesting to watch this place go head-to-head wiht the old whorehouse. I just can’t see why any of these places would even sell while there is anything still available in the whorehouse, but we’ll see.
Also a small condo project with huge risks for buyers in a down market.
Oh BTW I think that’s the old “Sneaker Circus” building. Over 30 years ago (Damn I’m old) they used to sell sneaker at discounted prices.
The What
Someday this war is gonna end…
A neighbor of mine looked at it & thought the penthouse was a good deal. (I think someone last week on the Forum asked about being across from the school playground – it’s a busy place & the apartments all have solid glass fronts…)
“A new glassy addition to the brownstone block of Lincoln Place between 5th and 6th Avenues in Park Slope just hit the market this week. The modern building has four apartments—three floor-throughs and one duplex—ranging in price from $995,000 to $1,950,000. ”
This is the canary in the coal mine! All the new Condo construction coming online and putting pressure on current prices. BTW you better pray that the holding corporation does not go bankrupt because the trustees will liquidate them at any price and that will be your “new comp”. If I own a Condo right now, I would be s***ing in my pants now. Just look at downtown Brooklyn, game over dumbasses…
The What (Brownstoner where is the price widget at, LMMFAO!)
Someday this war is gonna end…
$700/sf tops.
FYI – This is the condo project that was featured on DIY’s Under Construction show.
Almost $1000 per foot??!!
Ha! Good luck! They look very nice, but not that nice.