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]
once you cross the circle from ppsw you are in a very different neighborhood. It still all looks a bit depressed, which is odd since other areas of WT have been selling so quickly and everytime you turn the corner another house is being renovated……
Maybe it is the fact that that 3-4 block area is really cut off with the over pass to fort hamilton on one side and the underpass of Ocean pkwy/preospect expressway on the other….
IMO the strange protuberances on this building look very interesting when viewed from a distance (say the far side of Park Circle). “Klingon Headquarters” is an apt term. Unfortunately they don’t work as well from close up.
it looks kind of like one of the buildings on the northwest corner of Central Park…which tend to look dated to the early 80s.
i dont think it that ugly…dont understand the hate
We pass Klingon Headquarters (as we’ve dubbed it) all the time, and everything said by 2:03 is right on the money about the location’s upsides–although it is, indeed, desolate from the standpoint of immediate street life (unless you dig gas stations). Also, it’s right next to a high school that gets huge amounts of high-charged teen action every day, plus weekend traffic for the two nearby churches. Our biggest beef is that the post-Soviet monstrosity sticks up so high around the periphery of the park…
I looked at the Penthouse units. They were very large and the floorplans were fine.
The killer was the VERY low ceilings.
Not only were they less than 9 feet, but all of the ducting was below the ceiling grade.
It was crazy.
If he had built one or two less floors and given the units at least ten foot ceilings, he would have sold out.
The location is not that bad. The parade grounds are a block away. That is where everything happens if you have kids. The police station is across the street. A few blocks the other side od Ocean Parkway is deccent grocery shopping. If you drive and work in the city, the entrance to the parkway is just around the circle. Plus nice veiws of the park.
Yep, no surprise here. A hideous building with weird layouts in a desolate location.
Like a lot of people on here said, in a real estate collapse, it is the fringe neighbourhoods taht feel it first. I think this is a prime example.
Horrible layouts and the locations sucks. This is going to be almost impossible to move at those prices.