Closings Begin at the Heritage
The Heritage, that new condo building in the Slope that sells itself as old school Brooklyn, is seeing its first set of closings. According to Halstead Properties, the building is 70% sold, with six one- and two-bedroom units left in the 21-unit Karl Fisher-designed building, ranging from 940 square feet to 1,330 square feet and…
The Heritage, that new condo building in the Slope that sells itself as old school Brooklyn, is seeing its first set of closings. According to Halstead Properties, the building is 70% sold, with six one- and two-bedroom units left in the 21-unit Karl Fisher-designed building, ranging from 940 square feet to 1,330 square feet and $775,000 to $975,000. For that price, you also get a private balcony, garden, or rooftop cabana. Have any readers closed yet?
Heritage at Park Slope Listings [Halstead] GMAP
Development Watch: The Heritage at Park Slope [Brownstoner]
Nope, according to the listings, taxes are in addition to CCs.
Maybe the cc is high cuz no 421a tax abatement yet?
Expanding on my prior comment, I think anyone who buys in this building now will have a lot of competition if they sell in 3-5 years (as many will). So many new developments in a cluster can mean sagging resale prices for a long time. Resale habits are pretty predictable. There will be a lot of places on the market in the 4th Ave area in a few years. Add to that what I expect will happen to the Brooklyn market in the next couple of years and… good luck to whoever buys into this place now.
What’s especially annoying is that the interior is so blah. I’ve seen those kitchens in condos from Harlem to Hell’s Kitchen to Williamsburg. And yes, if you look at the floorplans, the square footage on the listings is a fantasy. Cavaeat emptor…
> Virtual doorman (whatever that is?)
That’s just a fancy name for a video intercom, though it conjures images of HAL or Max Headroom manning the door.
“I cannot not admit you at this time D-d-d-d-d-dave.”
Nope, definitely not a broker. The offer that we made was still well below asking, and what we thought it was worth. I hated the fact that we were told the developer would accept a certain price, and even though we thought it was too high, we agreed to it after much agonising, and then were told nope, only full asking will do (which was significantly higher than what he had said he would accept). Asking prices are still way too high, given the high maintenance. We decided to go with much bigger unit in a condo building that was less than 5 years old, also with a parking space and private outdoor space, with common charges of $500 a month, that was $50k LESS than what the developer was ostensibly asking on this unit in the Heritage.
Interesting to compare these to Dean Street, which are almost twice as big for the same money. Is a school district worth that much? This is 321?
These apartments suffer from the too many bathrooms in too small a space syndrome. Pricing seems comparable to Williamsburg for the square footage… which is to say, ick.
So my question again is that if you hate the place so much, think the maintenance is too high, hated the playrooms, think the garage is overpriced, the rooms too small, far from the park and subway as you say, can you explain to us why you made an offer and then raised it??
You sound like a competing broker trying to trash the place.
11217;
I’ll respect your taste as to which apartment you prefer, and that would be reflected in the price you would offer for the place.
We’re talking about the common charges, however, and those relate to the operation of the building and its amentities.
The condo I referred to (City View Gardens) has a parking garage, a GYM, and a huge interior common courtyard, as well as private rooftop areas. It also has elevators that open right into the partments. Hence, in comparing the building operations and amenities, these two developments should have similiar common charges.
Again, remember, I’m not talking about whaich is better from an aesthetic or architectual POV. The common charges should only reflect what it takes to run the building.