condo
We were rather surprised to see a price cut at One Hanson Place already–we didn’t think there’d be a lot of price resistance on this one. But sure enough, ten weeks into things, this 824-square-foot one bedroom’s ask has been lowered from $659,639 to $598,639, according to Natefind.com. Gotta say this sounds like a decent deal to us, given the high ceilings, great views, and solid finishes. Plus it’s got 1.5 baths. If this one’s been reduced, we can only assume others have as well. What’s going on?
One Hanson Place 1 BR [Corcoran] GMAP


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  1. Yeah, I was noticing that one or more homeless persons was now calling the entrance to the Q train, at the base of the building, home. I was thinking that that would not be very good for sales.

  2. Since it is Apt. 14A, I would guess that its on the 14th floor. I wish that floor plans on realtor sites had a north arrow. Does this apartment look towards Fort Greene Park, out over BAM, right at Miss Brooklyn?

  3. The real deal just published an article about one hanson that said prices on some lines have seen increases of 2-5%.

    I think it’s normal to have some price adjustments, both up and down, during the early stages of selling a property like this. It’s difficult to value how much more or less someone will pay for one exposure over another or one high floor form another. It takes getting people in there and seeing which ones start to go before you know for sure.

    Here’s a link to the article: http://www.therealdeal.net/issues/OCTOBER_2006/1159722957.php

  4. Surprising, considering that their website shows 2/3 of the units are in contract or pending contract.

    FYI, the last remaining 1-bedroom at GreeneHouse condos was cut from $549K to $499K.

  5. hard to know if this is a big deal without knowing what floor this is on. The listing says it has an eastern exposure, which means there would not be a Manhattan skyline view. If it is on a low floor, there might not really be any view to speak of.