Condo of the Day: Park Circle
It’s looking like units at Park Circle may not be well-rounded enough for buyers. Natefind’s been reporting a whole lot of reductions at the 59-unit Boymelgreen condo, which is on Coney Island Avenue just south of Prospect Park, on the border of Windsor Terrace and Kensington. Units at the development are large (most between 900…
It’s looking like units at Park Circle may not be well-rounded enough for buyers. Natefind’s been reporting a whole lot of reductions at the 59-unit Boymelgreen condo, which is on Coney Island Avenue just south of Prospect Park, on the border of Windsor Terrace and Kensington. Units at the development are large (most between 900 and 1,500 square feet) and averaging in the mid-$400 to mid-$500-a-foot range. A two-bedroom, two-bath just dipped from $660,000 to $585,000, and a couple other units posted $50K cuts. Seems like Park Circle’s prices are reasonable enough for the area, though the Coney Island Avenue location’s a bit bleak, and the thoroughfare’s traffic can’t be much of treat. Now that condos here have been on the market for about a year, maybe Boymelgreen & co. are starting to get a lil’ antsy. How low can they go?
Park Circle Listings [Corcoran] GMAP
Park Circle Apartments Already on Market [Brownstoner]
I went to the open house last weekend. The location was a little off the beaten track, but I liked the lobby. I saw 4 different apartments. The finish was pretty high end. The layouts were different than the usual cookie cutter type thing you see in new builds. I liked it overall. The roof deck is not so hot.
Unless the blogger is living in the penthouse, my money is with 2:03 that the ceilings are 9′ or less. And anyway, the blog post smells a little shilly to me.
But really, I think the key point is made by
1:30. This is a fringe location (now) and with fear in the air, most will not buy unless there is a significant discount. And these discounts aren’t nearly big enough.
And I’m the one who wrote the post on the kensington blog. I live in this building and the ceiling heights are 9’2″ in height.
I am 2:03 and I measured.
The ducting was under the ceiling and all over the place.
Odd contradiction between the blogger at 3:29PM and poster at 2:03 PM regarding ceiling heights
The building looks like a hospital.
There is a post from a resident on the Kensington Blog…
http://kensingtonbrooklyn.blogspot.com/2007/08/park-circle-resident-view.html
there are plans for a few developments on CIA..so while this be seem lonlely for now, it wont be in a few years..pretty soon that strip will start to improve and no longer be gas station row. . i also agree that ths building looks interesting from a distance..can’t speak for the interiors..
yes windsor terrace is becoming more desirable..but this is cut off from tha hood, i woud consider it more kensington
Is there any plans to built the lot next to this building?