Condo of the Day: 255 Eastern Parkway, #C16
We’re so bullish about Eastern Parkway in the long-term that we won’t make too much of the fact that this 1,438-square-foot apartment at 255 Eastern Parkway, which sold for $216,313 in 2003, is now on the market for $825,000. To be fair, that’s not a straight-up four-bagger; the three-bedroom place has gotten what appears to…
We’re so bullish about Eastern Parkway in the long-term that we won’t make too much of the fact that this 1,438-square-foot apartment at 255 Eastern Parkway, which sold for $216,313 in 2003, is now on the market for $825,000. To be fair, that’s not a straight-up four-bagger; the three-bedroom place has gotten what appears to be a top-notch renovation in the meantime. The only thing we can find to complain about is the choice of kitchen counter top surface. The combined monthly charges are a very reasonable $836. There was an open house yesterday. Anyone go?
255 Eastern Parkway [Corcoran] GMAP P*Shark
Ennuiater, do you know how many folks are still renting in this building?
I would think twice about paying this kind of money for a place with low owner-occupancy, especially in this market.
To rent, $4K would be high for this place, even with the 3 bedrooms.
If you’re considering renting in CH, other places have 3 bedrooms too. Maybe $3,500.
Nice green or fugly green ennuiater? Mine are blackish green…uba tuba…like i mention above and they look great with mahogany cabinets…maybe too much green in the apt though.
But to condemn granite for granit’s sake is ridiculous. Yes, people get some fugly colored granite. frankly I’ve used granite, soapstone, mexican tile and cherry and love them all in their respective applications
Hrm, okay then. Maybe it is worth it. Better value than Williamsburg, definitely.
What I don’t think Polemicist is smart enough to realize, is that large prewar buildings are pretty good value rent-stabilized or not. Historically, Eastern Parkway has always been fairly blue-chip. That won’t change.
Wow, I know the owners. The renovation here is excellent, and from the amount of time and work they have put into the place they deserve every penny they get.
The original low purchasing price I believe was an insider’s offer from back when the building went condo. They owners rented there for many years before the conversion.
Also, the countertops are indeed green.
Heather,
I know a couple (with one child) who rent a similar size apt. in this building. I think they pay just shy of $4000 a month.
You did notice it’s 3 bedrooms, 2 baths and over 1400 square feet, right? That’s LARGE!
“so that “new residents (read: upper-class whites)”
cmu, you’re coming off as racist (anti-white) yourself. To always equate those with the means to buy a $750,000 place with “whites” is as bad as equating all welfare recipients as being of color A.
Why not treat us to one of your crazy hyperbolic millionaires-pay-less-tax-than-you-and-I tax rants instead.
Fjorder and Mr B what exactly is the specific granite that these countertops are made of? You can’t really tell from the pics that I’ve seen
It’s a green thing…counter, hanging lamps, wall tiles in the kitchen, green wall in the dining room, trees out the window. i see it. looks nice to me.
the countertops are fugly, IMHO…