Condos of the Day: 536 Henry Street
It looks like brownstones aren’t the only overpriced kind of property in Carroll Gardens these days. The condo conversion at 536 Henry Street has been on the market since around Labor Day, according to StreetEasy. Since then just one of the four units has gone into contract—and it took a small price cut to get…
It looks like brownstones aren’t the only overpriced kind of property in Carroll Gardens these days. The condo conversion at 536 Henry Street has been on the market since around Labor Day, according to StreetEasy. Since then just one of the four units has gone into contract—and it took a small price cut to get it done. In the meantime, there are two two-bedrooms for $869,000 apiece and a three-bedroom for $1,275,000. There’s an open house this Sunday from 12 to 1:30, but it’s looking like it’ll take more than that to move these babies.
536 Henry Street [StreetEasy] GMAP P*Shark
I dont think it’s risky at all. I find a unit in a 3-4 family house on henry st far more desireable than of the new construction crap on 4th ave, AY, w-burg, etc.
” All of these conversions of 3-4 family houses into condos are entering a market with a ton of new construction condos already out there. Agree that this is getting to be more of a risk?”
Its only risky if you are in debt for the construction. You can always get high rent until the market gets expensive again. Remember once Atlantic Yards starts to happen and the new downtown bklyn starts anywhere in the adjoining 4 -5 neighborhoods the real estate will sky rocket. So even if u buy a condo today, in 10 years you’ll make a ton of money when u sell it becuase bklyn downtown will be built.
That closet within a closet would be a huge asset to a secretive homosexual.
All of these conversions of 3-4 family houses into condos are entering a market with a ton of new construction condos already out there. Agree that this is getting to be more of a risk?
The price here is a lttle high, Im finishing my conversion on clinton st now, near hamilton ave, although I can hear the gowanus I have the walls well insulated inside and although I live in the bldg as well after the first week you don’t even hear the highway anymore or you don’t notice it. Mine are two bedrooms with Chefs Stainless eat in kitchens and designer bathrooms. Both have 15×20 private roof decks and 7×10 balconies off the bedrooms. I used all top of the line materials and appliances, I figure I will sell one pretty quickly for 700-750K. Im not greedy.
The initial post did not say anything bad about the location. It merely said that these condos are overpriced, and other people agree. Including me. I’ll be interested in seeing when they sell and for how much. It is not a diss on the area. 12:53 was off with the “Key West” comment as it is a short walk to the train and near the shops on Henry, Union, and those on Columbia.
This is Prime Henry street If you don’t like this part of Brooklyn then Move to Beverly Hills. Mr. B you are Losing my faith in you.
Holy moly–that Prudential broker DAVID ROGERS is the most desperate scumbag ever. He’s posted all over Brownstoner (w/ different ids) and Curbed trying to unload that State Street apartment. DESPERATION!!! Signs of the SLOWING MARKET!!!!
Comparing that state street location with prime henry street carroll gardens doesn’t make much sense. I don’t even consider that in Beurum Hill but brokers are trying to stretch boundries.