Condos of the Day: 543 Dean Street
After sitting on the market for six weeks, all four units at the brownstone condo conversion at 543 Dean Street in Prospect Heights were on the receiving end of a 5% price cut last Friday. The two biggest units, the lower duplex and the penthouse, are now listed at $1,095,000 and $1,095,000, respectively. The two…
After sitting on the market for six weeks, all four units at the brownstone condo conversion at 543 Dean Street in Prospect Heights were on the receiving end of a 5% price cut last Friday. The two biggest units, the lower duplex and the penthouse, are now listed at $1,095,000 and $1,095,000, respectively. The two floor-through units in the middle are $895,000 and $745,000. The design–clean, white-box modern–and build-out look to be fairly good quality, which begs the question of why these aren’t selling. After all, high $700s per foot isn’t unheard of in this neck of the woods. Could it be those three dreaded words, “A——- Y—- E—–?”
543 Dean Street [Street Easy] GMAP
Here’s some absurd math for “boob” man…
1.8 million (and usually a lot less) will get you a comparable building in this hood…THE WHOLE FREAKING BUILDING!
So…he wants 3.8 MILLION for his renovated building…
Even if you bought the best building in that nabe and dumped 700 grand for a gut renovation you still are ahead of the game and have THE WHOLE FREAKING BUILDING.
This guy is into this building for 1.2 million plus his initial purchase price of under 100k…he’s just a greedy fool.
He could sell the duplex and the penthouse for 800k each…the floor thru apts. for 500K each and still have doubled his money.
These units are great to rent for a while or to buy at a real cheap price, but I can’t see paying real dough on it. There are better options for the same amount of cash.
The paint job on the facade is a little too San Francisco.
3:37 is right, there are similar apartments, with real bedrooms, in apartment buildings that also come with supers and elevators and more than three families to stake your whole finanical life on.
oh and I’d pay 500k for the penthouse.
Screw AYE. Uhh maybe because spending over a million for a lame apt with a nook for a 2nd bedroom in this area is just…lame?
I doubt this will sell at the current prices quickly. COMPETITION. COMPETITION. COMPETITION.
This not a traditional b’stone, it’s trying to do modern luxe. You can get a 1000 sq ft + similiar styled apartment at the Forte or ORO in the same price range. AND you get much better views.
Where’s the WHAT when when you need him/her?
Cause there’s only four units this developement is a mini-clusterfuck.
No Brownstoner it is those dreaded word “Real Estate Correction”
Aren’t there units in elevator buildings for similar prices?
Why live in a cramped unit that you have to walk up two flights to get to?
boobies, boobies, boobies, boobs.