Condo of the Day: 500 4th Avenue, #PHG
While the new condo development has been on the market since last spring, this penthouse pad was just released last week. The details: Two beds, two baths, 1,062 square feet, $818,000. For those already rolling their eyes, consider that Boymelgreen was able to sell out the Novo. Granted, he got more than a two-year head-start,…
While the new condo development has been on the market since last spring, this penthouse pad was just released last week. The details: Two beds, two baths, 1,062 square feet, $818,000. For those already rolling their eyes, consider that Boymelgreen was able to sell out the Novo. Granted, he got more than a two-year head-start, but this building looks a little nicer. Of course, it’s also quite a bit further south. Thoughts?
500 4th Avenue, #PHG [Douglas Elliman] GMAP P*Shark
Taking the Pulse of 4th Avenue’s Inventory [Brownstoner]
500 Fourth Avenue 20% Sold; Opening in Fall? [Brownstoner]
I’m not so sure there’s a “right” side of Fourth Avenue.
Yeah, I agree, living here on $160K would not be a pleasant way to live.
If I have to live on a highway, I’d prefer Atlantic or Flatbush. They are at least centrally located. 4th avenue and 11th is convenient to nothing except Park Slope and:
a.) It is Park Slope.
b.) it is up a steep hill.
c.) No matter how much they market this as Park Slope, it is on a charmless highway at the bottom of a steep hill from Park Slope, next to a brownfield.
On the plus side, close to Lowe’s and the place where Whole Foods will never be built!
can’t we do some landscaping type stuff on the median on 4th avenue, like they do on park avenue in manhattan? maybe widen the sidewalks while we’re at it; there’s got to be ways to make 4th avenue less dreary…
I lived on 4th Ave for years, 603 and 395. Its not that bad, 500 is close to the F and R lines. Everything is 3 times as expensive as it should be. I imagine the views are pretty nice from the penthouse, and it is a little better finished then a Boymelgreen. I watched Novo get built the non-union carpenters left out any insulation between apartments and the tape job on the sheetrock was horrible.
my daddy is a contractor in NJ and is buying this place for me so STFU.
At $160K salary, you are taking home after taxes etc no more than $100K. This place would eat up over 50% of your take-home – that is insane. You should be bringing home at least $160K to afford this – which is around a quarter million salary.
From the conversation re: mortgages yesterday it would seem someone would need 300k in cash floating around to afford this place.
I went to an open house here. People like this stuff . . .