71 Wolcott on Market Again
The Red Hook Co-Ops started selling market-rate units last year after the affordable units closed. Sales weren’t moving very quickly, but it looks like Realty Collective is now trying its luck. Streeteasy shows eight new listings, from $349,000 for a two-bedroom to $549,000 for the three-bedroom penthouse. Manzione Real Estate, which has marketed the units…

The Red Hook Co-Ops started selling market-rate units last year after the affordable units closed. Sales weren’t moving very quickly, but it looks like Realty Collective is now trying its luck. Streeteasy shows eight new listings, from $349,000 for a two-bedroom to $549,000 for the three-bedroom penthouse. Manzione Real Estate, which has marketed the units since the beginning, still has listings up that include a $380,000 two-bedroom, a $510,000 three-bedroom and a $575,000 penthouse.
Checking In On the Red Hook Co-Ops [Brownstoner]
Market Rate Units Available at Red Hook Co-Ops [Brownstoner]
$349k will get you a 2br in Kensington or Ditmas Park. And I would take either of those neighborhoods any day over Red Hook. But perhaps that’s just me.
I walked by this building the other day and thought the metal grates beneath the windows was a smart, inexpensive way to camouflage the air conditioner sleeves. They play nicely off of the cornice. The entrance canopy is the only design misstep, imo.
But $349,000 for a two-bedroom co-op in Red Hook? What would a two-bedroom cost in those neighborhoods south of Prospect Park that I am only vaguely familiar with? And which is the better value?
The building’s exterior isn’t too bad. In a few years, once the trees fill out, it will be pretty nice. Plus, it’s right across the street from a great schoolyard. Initally people mocked the Columbia Street urban renewal/affordable housing project, aka “the phasers.” Now it’s one of the most desirable places to live in Brooklyn!
Stargazer, you do realize that you are way more disagreeable than Rob, who at least has a sense of humor and seems intelligent.
Whats with all the child guards on the windows already?? It makes it look like the projects. Not everyone has children.
Blech !!
gemini10- it’s actually very close to all of central Red Hook- just off Van Brunt.
The problem with this place is the street its on
its very desolate looking
but it is close to Baked and Fairway
Looks like a school.
Outside and Inside.
What was the pricing on the ‘affordable’ units?
I guess we can conclude that ‘market-rate’ units = unaffordable.